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PAXG Crypto Price

PAX Gold
$
3316.000
-23(-0.689%)

PAXG Crypto Price Chart

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  • PAXG FAQs

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    What is surpport and resistant level for PAXG Crypto?

    The S1 support level for PAXG Crypto is $3276.867 ,The R1 resistant level for PAXG Crypto is $3477.799.

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    What is the current price of PAXG Crypto?

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    What is the market cap of PAXG?

    Key Stats

    24H High
    3,355.00
    24H Low
    3,277.00
    24H Volume
    5.29K
    24H Volatility
    2.38%
    All Time High
    3,523.00
    All Time Low
    1,606.00
    Correlation with BTC
    -0.23
    Return On Investment
    +70.41%
    What is PAX Gold?

    Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.The main goal behind Pax Gold is to make gold more tradable, as the physical commodity is not easily divisible or flexible in terms of transport. This is why Paxos Standard decided to create a cryptocurrency entirely backed by gold. According to the official whitepaper, Pax Gold was created to allow investors to buy indefinitely small amounts of gold through the cryptocurrency, thus virtually eliminating minimum buy limits for the commodity.

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