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Exchange PAX Gold (PAXG)

If you're looking to swap PAX Gold, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is PAX Gold or some fresh information about PAXG’s price movements. And, of course, we provide you with the multiple PAX Gold exchange options so that you can choose the offer with the best rates and lowest PAX Gold fees, as well as other parameters that suit you.

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PAX Gold Price Stats

To help you make a decision about exchanging your PAX Gold, we gathered some cold hard numbers: PAX Gold price chart and other stats, such as PAX Gold market cap.

24H HIGH

24H HIGH $1,795.96

PAXG MARKET CAP

PAXG MARKET CAP $609,038,705.615

CIRCULATING SUPPLY

CIRCULATING SUPPLY 339,687.165 PAXG

24H LOW

24H LOW $1,788.11

PAXG PRICE

PAXG PRICE $1,792.94

24H VOLUME

24H VOLUME $348,792.219

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PAX Gold Price Chart

Here you can see the current price of PAX Gold, as well as PAX Gold price history.

What is PAX Gold?

Pax Gold (PAXG) is a gold-pegged token launched in 2019 by Paxos Trust Company, well-known for its Pax Standard dollar-backed stablecoin. Being an asset-backed product, one PAXG represents a troy ounce of gold’s price, meaning its value is tailored to the market price of the precious metal. From a technical point of view, Pax Gold is an ERC-20 token created on Ethereum blockchain, hence it can be utilized by any crypto holder without hassle – it’s easily compatible with major wallets and supported be big exchanges. Needless to say, Paxos company is a licensed custodian that provides high-security standards and goes through financial audits regularly. Pax company works along with Loco London Bank: if you have an account there, you can conveniently convert your unallocated gold bars to PAXG tokens just in one day, or redeem your unallocated gold back. You can also redeem for a gold bullion and even order delivery. There are a few advantages of PAX Gold. Firstly, the original idea of tokenizing assets and simplifying speculations on gold price attract many crypto lovers and allow the project to find its niche. Secondly, buying the tokens instead of gold bars removes the obstacles related to holding physical gold, particularly logistics, storage, and safety of the asset. PAXG users just buy the ownership rights, whilst the gold bars remain in the custodian’s vaults. Also, with Pax Gold, an investor can easily buy a fractional amount of a gold bar if they don’t need a whole troy ounce. It is available in fractions as small as an exchange permit. It makes the investments affordable even for small traders. Moreover, unlike physical gold, it provides staking and lending opportunities and allows earning extra interest – on Block.fi or You.Hodler, to name just a few. Finally, Pax Gold is issued on the Ethereum ERC-20 protocol, which makes it easily compatible with most services.

A Simple Way To Exchange PAX Gold Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 900 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

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Frequently Asked Questions

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Popular Exchange Pairs with PAX Gold

Those cryptocurrencies are most frequently traded with PAX Gold at SwapSpace. Join our other customers in the “Exchange Pairs” section!
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