PAX Gold Tops One Day Trading Volume of $19.08 Million (PAXG)

PAX Gold (PAXG) traded down 0.6% against the US dollar during the twenty-four hour period ending at 14:00 PM E.T. on June 23rd. One PAX Gold coin can currently be purchased for approximately $1,830.97 or 0.09004584 BTC on major cryptocurrency exchanges. PAX Gold has a market cap of $610.18 million and approximately $19.08 million worth of PAX Gold was traded on exchanges in the last 24 hours. In the last week, PAX Gold has traded 1.2% lower against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Binance USD (BUSD) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00004921 BTC.
  • BITCOIN ADDITIONAL (BTCA) traded down 4.9% against the dollar and now trades at $19,306.80 or 0.94949780 BTC.
  • Mammoth (MMT) traded 0.1% lower against the dollar and now trades at $1.79 or 0.00008779 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00004919 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • yOUcash (YOUC) traded up 0% against the dollar and now trades at $0.50 or 0.00002460 BTC.

PAX Gold Profile

PAX Gold (CRYPTO:PAXG) is a coin. Its launch date was August 29th, 2019. PAX Gold’s total supply is 333,258 coins. The official message board for PAX Gold is medium.com/paxos. PAX Gold’s official website is www.paxos.com/paxgold. PAX Gold’s official Twitter account is @PaxosGlobal and its Facebook page is accessible here.

According to CryptoCompare, “PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. “

PAX Gold Coin Trading

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

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