PAX Gold (PAXG) Price Tops $2,438.99 on Exchanges

PAX Gold (PAXG) traded 2.8% higher against the US dollar during the 1 day period ending at 0:00 AM Eastern on April 15th. Over the last week, PAX Gold has traded 4.7% higher against the US dollar. PAX Gold has a total market capitalization of $661.41 million and approximately $42.53 million worth of PAX Gold was traded on exchanges in the last 24 hours. One PAX Gold token can currently be bought for approximately $2,438.99 or 0.03924556 BTC on exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 5.8% against the dollar and now trades at $0.35 or 0.00000566 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.3% against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

PAX Gold Profile

PAX Gold was first traded on August 29th, 2019. PAX Gold’s total supply is 182,647 tokens and its circulating supply is 271,181 tokens. The official website for PAX Gold is www.paxos.com/paxgold. PAX Gold’s official message board is medium.com/paxos. PAX Gold’s official Twitter account is @paxosglobal and its Facebook page is accessible here.

According to CryptoCompare, “PAXG is a digital asset that represents physical gold stored in a vault, each token representing one troy ounce of a 400 oz London Good Delivery gold bar. It is built on the Ethereum blockchain and issued by Paxos Trust Company, a regulated financial institution and custodian of the physical gold. PAXG is primarily used as a way for investors to invest in and hold gold in a digital form, and it can be traded on various exchanges. It can also be used as collateral for loans and other financial services within the cryptocurrency and blockchain ecosystem, and Paxos Trust Company has developed institutional-grade APIs and solutions for businesses and developers who want to use PAXG and other Paxos assets in their applications.”

Buying and Selling PAX Gold

It is usually not currently possible to buy alternative cryptocurrencies such as PAX Gold directly using US dollars. Investors seeking to acquire PAX Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy PAX Gold using one of the aforementioned exchanges.

PAXG/USD price chart by TradingView