Discovering the Origins of Digital Gold: What Is Pax Gold (PAXG)?

In the world of cryptocurrencies, Pax Gold (PAXG) represents a perfect blend between traditional gold value and blockchain innovation. Launched in September 2019 by the creators of Paxos Standard (PAX), this ERC-20 token operates on the Ethereum network and is backed by physical gold. Each PAXG is equivalent to one troy ounce of gold stored in certified London vaults. Thanks to its decentralized structure, it can be traded across multiple exchanges, allowing users to invest in gold without holding it physically. This accessibility makes Pax Gold a secure, regulated, and efficient option for those looking to preserve value in times of market volatility.

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