PAX Gold Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard (PAX) in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
As of April 2023 PAX Gold has a market cap of 508.71M. This makes PAX Gold the world's 92nd largest crypto project.
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