Pax Gold paxg

Pax Gold (PAXG) is a gold-backed cryptocurrency released in September 2019 by the inventors of Paxos Standard (PAX). Pax Gold is a tradeable ERC-20 token that operates on the Ethereum blockchain. It is available on a wide range of exchanges. As a result, it has become a popular way for traders to invest in gold

Paxos Standard and Pax Gold are founded by Charles Cascarilla, who also serves as the company's CEO. Cascarilla has a long history in capital management, which led him to investigate the immense potential of cryptocurrencies

The main reasons to invest in PAXG include: Each PAXG token is backed by a fraction of a piece of London Good Delivery gold bar, stored in Brink's gold vaults. Pax Gold allows investors to buy small amounts of gold indefinitely through the cryptocurrency