PAXG to THB price today is ฿68,242.58, which is Down by -0.01% over the last 24 hours. There has been an hourly Rise by 0.17%. PAX Gold's market cap currently sits at ฿18,511,734,096.71 THB, holding up for a market cap rank at #83. The volume were at ฿589,509,164.86 THB PAX Gold ranks no 83 in the market capitalization of PAX Gold is at ฿18,511,734,096.71 and its volume for 24 hours is ฿589,509,164.86. PAX Gold are under circulation, with total supply of 271.26K and the Maximum supply of 0.

About PAX Gold

Paxos have issued a commodity-backed gold stablecoin, PAX Gold (PAXG). Paxos manages Brink's vaults, where each token is backed by one troy ounce of gold. ETFs, futures contracts and other derivatives cannot be used with PAX to gain exposure to Gold markets.

What Is PAX Gold?

Investing in Paxos Gold (PAXG) is a safe and rewarding way to acquire gold and other crypto assets.

The market value of PAXG tokens reflects the importance of physical gold stored in vaults by Paxos and its partners, and each token can be redeemed for one troy fine ounce of gold stored in lockers.

Paxos developed the PAXG token as an Ethereum-based token that can be exchanged for other crypto assets and secured by its owners.

Paxos performs monthly audits to ensure its PAXG token supply matches its gold reserves to maintain its accounts continuously. Gold bullion bars can be redeemed at any time for PAXG by users.

PAXG tokens are divided up to 18 decimal points and can be redeemed at physical gold retailers around the world for smaller amounts of gold.

Who created Paxos Gold?

In addition to Paxos Standard, Pax Gold was created by Charles Cascarilla. The University of Notre Dame awarded him a degree in finance. His venture capital projects involve blockchain technology, and he co-founded Cedar Hill Capital Partners in 2005.

How does Paxos Gold work?

An intelligent contract rules-based blockchain underpins Paxos Gold, which runs on Ethereum.

It costs around 0.02% to create and destroy PAXG tokens. Using Ethereum involves on-chain fees as well.

Specifically, Paxos uses third-party tools to monitor and track each PAXG transaction. Investigations are conducted to determine if fraud or money laundering is taking place.

Furthermore, smart contracts are regularly audited by developers, who identify bugs and vulnerabilities in the code.

Why does PAXG have value?

PAXG offers cryptocurrency investors exposure to the price of gold through its ability to enable them to move value into gold assets.

Investors may be attracted to cryptographic money since it offers easy online exchange, portability, and exchangeability, along with a long-term value they believe in.

KEY ATTRIBUTES OF PAX GOLD CRYPTO

Investment is easy in PAXG: PAXG is the best nominee for physical gold because it is easy to invest in tokenized gold.

Precious resources are called security: In times of bear markets and inflation, PAX Gold can be a helpful asset class to balance a person's investment portfolio.

Gold is a tradable asset: It is difficult to conduct a commercial gold trade on a physical level. Due to its real gold backing, PAXG can be an ideal choice for investing and trading gold.

Valuable Gold Investment: The New York State Department of Financial Services regulates PAX Gold, a product of Paxos trust company. The DFS approves and regulates PAXG, which is fully backed by gold held in secure vaults.

PAXG's low fees for mining: PAX is an ERC-20 token that can mine at minimal fees. In Brinks vaults, PAX does not charge physical gold.

Why use PAXG?

Because PAXG offers the efficiency and transparency of cryptocurrency while offering exposure to gold market price movements, users may find it a compelling addition to their portfolio.

Additionally, PAXG is friendly to institutional and retail investors on Kraken. Following their portfolio needs, investors can easily buy and sell fractions of gold or larger amounts.

PAX Gold (PAXG) Token Metrics

Token Name:	PAX Gold
Ticker:	PAXG
24h Volume:	$ 17.22 million ($ 17,215,383)
Market Cap:	$ 286,576
Fully Diluted Market Cap:	$ 286,576
Circulating Supply:	172.79 PAXG
Total Supply:	172.79 PAXG
Max Supply	172.79 PAXG
Ethereum contract address	0x45804880De22913dAFE09f4980848ECE6EcbAf78
Issuance Blockchain:	Ethereum, Polygon

Where is the PAX Gold (PAXG) coin available?

PAX Gold (PAXG) is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges as listed below.

Binance
Kraken
FTX
KuCoin
MAXC

You can check the whole list of exchanges are here to buy PAX Gold (PAXG).

Crypto Currency Converter & Calculator

Digitalcoinprice's Bitcoin and other cryptocurrency calculator is to determine the exchange rates between the major crypto and fiat currencies, including Bitcoin(BTC), Ethereum (ETH), XRP (XRP), Polkadot (DOT) to USD, INR, EUR, IDR and many more. Among other digital assets, prices are indexed by DigitalCoinPrice and other digital asset price indices. Open Exchange Rates are used to calculate world currency prices.

PAX Gold Price Prediction

The current PAX Gold to THB price is ฿68,242.58. In the last 24 hours, PAXG to THB price has gone up by -0.01%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future PAX Gold price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired PAX Gold at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

By exchanging PAXG against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, PAX Gold can be earned or received in various ways. PAXG considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the PAXG, including PAXG to PHP, PAXG to INR, PAXG to NGN, PAXG to THB, PAXG to CAD, PAXG to PKR, PAXG to IDR , PAXG to EUR , PAXG to AUD , PAXG to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 PAXG is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like PAXG to ARB, PAXG to CAKE, PAXG to ETH, PAXG to OP, PAXG to XRP, PAXG to BTC, PAXG to CFX, PAXG to APT .

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How much is a one PAX Gold worth now?

The current price of the PAX Gold(PAXG) is ฿68,242.58, with a current market cap ฿18,511,734,096.71.

What is the PAX Gold stock symbol or ticker?

PAXG is a ticker symbol of the PAX Gold.

How many PAXG coins are there in circulation?

At the movement,271.26K PAX Gold tokens are already in the market out of 271.26K PAXG.

How can I invest in PAX Gold?

There are many options for buying crypto, and PAX Gold can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy PAX Gold. It's a quick, easy, and secure way to buy PAX Gold(PAXG).

Is PAX Gold a stablecoin?

No, It is not a stablecoin.

What was the lowest price for PAX Gold?

PAX Gold had an all-time low of ฿47,373.03.

What was the Highest price for PAX Gold?

PAX Gold had an all-time low of ฿47,373.03.

How old is PAX Gold?

PAX Gold was created on 25 September 2019.

Can PAX Gold be mined?

No, the PAX Gold (PAXG) coin cannot be mined.

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PAXG to THB Price Statistics

PAX Gold to THB Price Today

PAXG to THB	฿68,242.58
Percentage Change ( 24h )	▼0.01% ฿909.03
24h High / Low	฿68,578.87 / ฿67,669.83
Trading Volume 24h	฿589,509,164.86
Volume / Market Cap	0.03185
Market Dominance	0.05%
Market Rank	83