PAX Gold (PAXG) is an ERC-20 stablecoin issued by the Paxos Trust Company, providing an easy and secure way to purchase physical gold. Each PAX Gold token is worth one troy ounce of a 400-ounce London Good Delivery gold bar and is issued with a unique serial number that allows investors to track and trace the specific gold bar it is tied to.
The price of PAX Gold tracks the market value of physical gold and all reserves are held in well-regulated vaults and undergo monthly audits by a third party in order to ensure that the integrity of the stablecoin is maintained.
Each PAX Gold token can be divided into 18 decimal places, allowing anyone to invest in a fraction of gold, without the burdens of investing in physical gold.
The token was launched in 2019 and is one of the top 10 biggest gold-backed digital assets.
Trade Bitcoin, Ethereum and a wide range of cryptocurrencies with confidence knowing that your coins are safe in an exchange where they've been backed by top-notch security features like 2FA authentication and bank-level encryption.
Deposit funds safely and for free directly to your unique Tap account by bank transfer. You can then use these funds to buy PAX Gold or any other coin or token with a click on the Tap mobile app.
You can buy PAX Gold directly with your debit card on the Tap mobile app in one smooth process. Deposit funds absolutely free of charge, then buy PAXG for the best price currently available on the market.
Tap offers the ability to deposit multiple cryptocurrencies which you can then trade for PAX Gold at some of the market's greatest rates, making it ideal for traders who want to be on the same page.
Be at ease onboarding cryptocurrencies knowing you’re using a fully regulated provider. Tap offers cutting-edge technology, token features and top security processes enabling biometric login and backend encryption and excellent customer support. You can rest assured that your funds, private data, crypto wallets and account are secure at all times.
Tap mobile app is the solution to all your cryptocurrency problems, from where can you buy PAX Gold to how to store the PAXG tokens. Become a savvy investor with Tap today.
Αποκτήστε την καλύτερη τιμή για το κρυπτονόμισμά σας
Trading with Tap automatically gives you access to the platform’s smart router which finds you the best available price on the market in real-time. By scanning top exchanges and order books, the technology is able to sift through tons of data in order to pair you with the best market price whether you're looking to buy or sell PAX Gold.
Start investing in PAX Gold today and get started with as little as $10/€10. Purchasing PAX Gold tokens has never been this easy making it an ideal tool for everyone from beginner to seasoned crypto investor. Trade on the go, invest and earn, build your wealth and join our ever-growing community of users in building a better financial future with Tap.
Θέλετε να μάθετε περισσότερα για το κρύπτο?
Whether you're a crypto novice or an everyday trader, Tap has what it takes to keep your knowledge growing. Would you like to learn more about digital currency, decentralized finance, blockchain, the gold market, fiat currency, markets or any other crypto jargon?
Tap's crypto learning corner is filled with many articles and has everything you need and more when it comes to learning about cryptocurrency. We'll have you understanding the world of finance and cryptocurrency in no time.
Frequently Asked Questions
PAX Gold PAXG is an ERC-20 token representing physical gold. The tokenized version of gold is backed by gold held in secured vaults, and the company undergoes monthly audits to ensure that the amounts are relevant to the circulating supply. When you buy PAXG you are effectively buying a piece of one fine troy ounce of gold.
PAXG provides investors with a digitized version of gold, it tracks the price movements of the commodity and is easier to manage and trade. As each token is represented by actual gold, from a financial perspective owning the token or owning real gold is essentially the same. For greater transparency, each PAXG token is linked to the serial number of an individual gold bar. To uncover the value and other specifications associated with your physical gold holdings, simply enter your Ethereum wallet address into the PAXG lookup tool. This ensures that when you buy PAX Gold you know exactly which gold bar you own.
To find the PAX Gold price look no further than the Tap app. Simply open the app and select PAX Gold from its list of digital currencies to instantly get access to the PAXG price and other relevant information. From there you can buy PAX Gold PAXG or sell, trade or store the cryptocurrency.
PAXG is an ERC-20 token, which means it is compatible with any Ethereum wallet that supports these tokens. Alternatively, after you purchase PAX Gold you can store your PAXG tokens directly in the Tap app. Each account comes with a range of secure cryptocurrency wallets that provide a secure location for long-term holdings or daily transactions, depending on your preferences.
Tap Global makes navigating the cryptocurrency industry easier and more secure than ever by simplifying the process of engaging with digital assets. The user-friendly mobile app allows anyone to buy, sell, spend, and store crypto in a secure and effortless manner. Whatever you chose to do with your PAXG token, Tap offers a number of services that will cater to your needs.