#XSuperApp XSuperApp Information:
PAXG is the trading symbol for Pax Gold,
a cryptocurrency backed by real gold.
Pax Gold aims to make investing in gold easier and more accessible, avoiding the difficulties of physical storage, transportation, and insurance that come with buying traditional gold.
Each PAXG token represents one troy ounce (approximately 31.1 grams) of "London Good Delivery" gold bullion, stored in professional vaults (such as Brink's vaults). This means that when you own a PAXG token, you own the rights to that physical gold, which is held by Paxos Trust Company.