PAX Gold | Trading Non Stop

What is PAXG?

PAX Gold (PAXG) is a regulated cryptocurrency backed by physical gold. It lets you own and trade real, investment-grade gold digitally on the blockchain.

Digital Gold Ownership – Each PAXG token equals one fine troy ounce of physical gold stored securely in LBMA-approved vaults.
Blockchain Efficiency – Built on Ethereum as an ERC-20 token, it allows you to buy fractions of gold, trade anytime, and settle transactions instantly.
Regulated & Redeemable – Issued by Paxos Trust Company under federal oversight, PAXG tokens are audited monthly and can be exchanged for actual gold bars.

Deep Dive

1. Purpose & Value Proposition

Investing in physical gold traditionally comes with challenges like high storage fees, difficulty dividing ownership, and slow transactions. PAXG solves these by turning gold into digital tokens on the blockchain. This makes gold easy to buy in small amounts (as little as 0.01 PAXG), trade globally 24/7, and hold securely. Its value tracks the real-time price of gold, making it a digital safe-haven asset.

2. Technology & Architecture

PAXG is an ERC-20 token on the Ethereum blockchain, meaning it works with many crypto wallets, exchanges, and decentralized finance (DeFi) platforms. Smart contracts handle the creation and destruction of tokens, which correspond directly to physical gold held in custody. This setup ensures transparency, security, and the benefits of digital assets backed by real gold.

3. Key Differentiators

What sets PAXG apart is its strong regulatory backing. It’s issued by Paxos Trust Company, regulated by the New York State Department of Financial Services (NYDFS), and overseen federally by the Office of the Comptroller of the Currency (Paxos). Monthly independent audits confirm the gold reserves. Plus, PAXG is unique among gold tokens because holders can redeem their tokens for specific London Good Delivery gold bars.

Conclusion

PAX Gold combines the timeless value of physical gold with the speed and transparency of blockchain technology. It offers a regulated, efficient way to own and trade gold digitally. As more people use PAXG, its role in both decentralized finance and traditional markets could change how we invest in commodities.