Crypto.com: Earn Up to 8% p.a. on PAX Gold (PAXG) Deposits
PAX Gold (PAXG) is an asset-backed digital token where each token represents one fine troy ounce (t oz) of London Good Delivery gold, stored in professional vault facilities in London.
- PAX Gold (PAXG) is an asset-backed digital token where each token represents one fine troy ounce (t oz) of London Good Delivery gold, stored in professional vault facilities in London.
- Anyone who owns PAXG owns the underlying physical gold, held in custody by Paxos Trust Company.
- PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.
- Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold.