PAX Gold PAXG
Cryptocurrency · Stablecoins · Not Mineable · launched in 2019
№47of 40 004
- $4 424
- Price +0.47%
- $1.78 billion
- Capitalization
- $70.38 million
- Volume over 24 hours
- 0.07%
- Dominance
About the coin
- Circulating supply
- 444 093.44 PAXG
- Total supply
- 444 093.44 PAXG
- Maximum supply
- Unlimited
- Fully diluted capitalization
- $1.78 billion
- 24h high
- $4 434
- 24h low
- $4 378
PAX Gold (PAXG) is a regulated digital asset backed 100% by physical gold, issued by Paxos Trust Company. One PAXG token gives an investor legal ownership rights to one troy ounce of pure gold in LBMA Good Delivery standard bars weighing 400 ounces.
The backing is stored in professional secured vaults operated by Brink's. Every movement of the bars is fully transparent, and token holders can verify the serial number and specifications of the bar linked to their address at any time. The ERC-20 format token allows investors to combine the stability of precious metal with the mobility and divisibility of blockchain.
Additional information
FAQ
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PAX Gold (PAXG) is a digital token backed by real assets, where one coin equals one troy ounce of pure gold on a London Good Delivery bar. The project was launched by Paxos, a regulated American financial company.
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All gold backing the tokens is held in custody by Paxos Trust Company and physically stored in specialized London vaults operated by Brink's. The bars are fully insured and comply with strict LBMA standards.
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Unlike traditional gold funds (ETFs) or bank accounts, PAX Gold has no storage or management fees for bullion. Micro-fees are charged only for blockchain transactions.
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Yes, Paxos website has a verification tool available. By entering their Ethereum wallet address, users can see the serial number, weight, purity, and exact location of the specific physical bar assigned to their tokens.
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Yes, PAXG tokens can be exchanged for physical gold through the Paxos platform. To receive a standard Good Delivery gold bar requires accumulating the necessary token volume (from 430 PAXG) and passing verification. Small amounts can be easily converted to fiat dollars.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .