PAX Gold (PAXG) Market Cap Hits $568.79 Million

PAX Gold (PAXG) traded up 1% against the US dollar during the 1 day period ending at 9:00 AM ET on November 24th. PAX Gold has a market cap of $568.79 million and approximately $9.50 million worth of PAX Gold was traded on exchanges in the last 24 hours. Over the last seven days, PAX Gold has traded down 0.1% against the US dollar. One PAX Gold token can currently be bought for $1,749.01 or 0.10554967 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • KILT Protocol (KILT) traded 2.6% lower against the dollar and now trades at $0.42 or 0.00002513 BTC.
  • Aidi Finance (BSC) (AIDI) traded 0.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.9% higher against the dollar and now trades at $0.0450 or 0.00000271 BTC.
  • CareCoin (CARES) traded 1.9% higher against the dollar and now trades at $0.0558 or 0.00000337 BTC.
  • OmniaVerse (OMNIA) traded down 1.2% against the dollar and now trades at $0.0011 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 0.1% lower against the dollar and now trades at $1,415.73 or 0.08542386 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $79.07 or 0.00477076 BTC.
  • Lunar (LNR) traded up 18.9% against the dollar and now trades at $0.0601 or 0.00000362 BTC.
  • Hokkaidu Inu (HOKK) traded 21.6% higher against the dollar and now trades at $0.0004 or 0.00000003 BTC.
  • QANplatform (QANX) traded 1.9% higher against the dollar and now trades at $4,851.00 or 0.29270584 BTC.

PAX Gold Token Profile

PAX Gold’s genesis date was August 29th, 2019. PAX Gold’s total supply is 325,209 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, “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 Token Trading

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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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