PAX Gold (PAXG) is an ERC-20 stablecoin issued by the Paxos Trust Company, providing an easy and secure way to purchase physical gold. Each PAX Gold token is worth one troy ounce of a 400-ounce London Good Delivery gold bar and is issued with a unique serial number that allows investors to track and trace the specific gold bar it is tied to.
The price of PAX Gold tracks the market value of physical gold and all reserves are held in well-regulated vaults and undergo monthly audits by a third party in order to ensure that the integrity of the stablecoin is maintained.
Each PAX Gold token can be divided into 18 decimal places, allowing anyone to invest in a fraction of gold, without the burdens of investing in physical gold.
The token was launched in 2019 and is one of the top 10 biggest gold-backed digital assets.
How to buy
Trade Bitcoin, Ethereum and a wide range of cryptocurrencies with confidence knowing that your coins are safe in an exchange where they've been backed by top-notch security features like 2FA authentication and bank-level encryption.
Deposit funds safely and for free directly to your unique Tap account by bank transfer. You can then use these funds to buy PAX Gold or any other coin or token with a click on the Tap mobile app.
You can buy PAX Gold directly with your debit card on the Tap mobile app in one smooth process. Deposit funds absolutely free of charge, then buy PAXG for the best price currently available on the market.
Tap offers the ability to deposit multiple cryptocurrencies which you can then trade for PAX Gold at some of the market's greatest rates, making it ideal for traders who want to be on the same page.
Be at ease onboarding cryptocurrencies knowing you’re using a fully regulated provider. Tap offers cutting-edge technology, token features and top security processes enabling biometric login and backend encryption and excellent customer support. You can rest assured that your funds, private data, crypto wallets and account are secure at all times.
Tap mobile app is the solution to all your cryptocurrency problems, from where can you buy PAX Gold to how to store the PAXG tokens. Become a savvy investor with Tap today.
Get the best price for your crypto
Trading with Tap automatically gives you access to the platform’s smart router which finds you the best available price on the market in real-time. By scanning top exchanges and order books, the technology is able to sift through tons of data in order to pair you with the best market price whether you're looking to buy or sell PAX Gold.
Start investing in PAX Gold today and get started with as little as $10/€10. Purchasing PAX Gold tokens has never been this easy making it an ideal tool for everyone from beginner to seasoned crypto investor. Trade on the go, invest and earn, build your wealth and join our ever-growing community of users in building a better financial future with Tap.
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