PAX Gold (PAXG) is a gold-backed cryptocurrency that represents one fine troy ounce of gold stored in professional vault facilities. Each PAXG token is backed by physical gold, making its value directly tied to the real-time market value of gold.
*Key Features:*
- *Asset-Backed Token*: PAXG tokens are backed by physical gold, providing a stable store of value.
- *Fractional Ownership*: PAXG allows for fractional ownership of physical gold, making it more accessible to investors.
- *Fast and Efficient Transactions*: PAXG enables quick and efficient transactions, reducing settlement risk.
- *Trading on Multiple Exchanges*: PAXG is available for trading on various crypto exchanges, including Binance, MEXC, and Ourbit.
*Market Performance:*
- *Current Price*: $3,386.42 (down 0.68% in the last 24 hours)
- *Market Cap*: $854.09 million (up 0.95% in the last 24 hours)
- *24-Hour Trading Volume*: $85.88 million (up 23.88% in the last 24 hours)
- *All-Time High*: $3,520.35 (reached on April 22, 2025)
*Where to Buy:*
- *Binance*: PAXG/USDT, PAXG/TRY, and PAXG/USDC trading pairs are available.
- *MEXC*: PAXG/USDT trading pair is available.
- *Ourbit*: PAXG/USDT trading pair is available ¹ ².
