PAX Gold Price Up 4.7% Over Last Week (PAXG)

PAX Gold (PAXG) traded 1.6% higher against the U.S. dollar during the 1 day period ending at 8:00 AM ET on March 18th. PAX Gold has a market cap of $645.53 million and $55.45 million worth of PAX Gold was traded on exchanges in the last day. One PAX Gold token can now be purchased for approximately $3,051.46 or 0.03692762 BTC on major cryptocurrency exchanges. During the last week, PAX Gold has traded up 4.7% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 3.2% lower against the dollar and now trades at $0.63 or 0.00000760 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $82,732.00 or 1.00119277 BTC.
• SolvBTC (SOLVBTC) traded down 0.9% against the dollar and now trades at $82,550.20 or 0.99899262 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About PAX Gold

PAX Gold’s genesis date was August 29th, 2019. PAX Gold’s total supply is 211,547 tokens. PAX Gold’s official Twitter account is @paxosglobal and its Facebook page is accessible here. PAX Gold’s official message board is medium.com/paxos. The official website for PAX Gold is www.paxos.com/paxgold.

According to CryptoCompare, “PAXG is a digital asset that represents physical gold stored in a vault, each token representing one troy ounce of a 400 oz London Good Delivery gold bar. It is built on the Ethereum blockchain and issued by Paxos Trust Company, a regulated financial institution and custodian of the physical gold. PAXG is primarily used as a way for investors to invest in and hold gold in a digital form, and it can be traded on various exchanges. It can also be used as collateral for loans and other financial services within the cryptocurrency and blockchain ecosystem, and Paxos Trust Company has developed institutional-grade APIs and solutions for businesses and developers who want to use PAXG and other Paxos assets in their applications.”

Buying and Selling PAX Gold

It is usually not currently possible to purchase alternative cryptocurrencies such as PAX Gold directly using US dollars. Investors seeking to acquire PAX Gold should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PAX Gold using one of the exchanges listed above.

PAXG/USD price chart by TradingView