PAX Gold Hits 24 Hour Trading Volume of $7.24 Million (PAXG)

PAX Gold (PAXG) traded 0.1% higher against the US dollar during the 1-day period ending at 22:00 PM Eastern on August 9th. One PAX Gold token can currently be bought for $2,418.52 or 0.03992144 BTC on exchanges. Over the last seven days, PAX Gold has traded 0.8% lower against the US dollar. PAX Gold has a market cap of $453.41 million and approximately $7.24 million worth of PAX Gold was traded on exchanges in the last 24 hours.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.5% against the dollar and now trades at $0.0127 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 1.7% against the dollar and now trades at $0.0561 or 0.00000093 BTC.

About PAX Gold

PAX Gold’s genesis date was August 29th, 2019. PAX Gold’s total supply is 187,472 tokens. 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. The official message board for PAX Gold is medium.com/paxos.

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.”

PAX Gold Token Trading

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

PAXG/USD price chart by TradingView