PAX Gold (PAXG) Self Reported Market Capitalization Tops $648.65 Million

PAX Gold (PAXG) traded 0.3% lower against the U.S. dollar during the twenty-four hour period ending at 8:00 AM ET on April 19th. PAX Gold has a total market cap of $648.65 million and approximately $28.16 million worth of PAX Gold was traded on exchanges in the last day. One PAX Gold token can currently be purchased for $2,391.95 or 0.03679952 BTC on popular cryptocurrency exchanges. During the last week, PAX Gold has traded down 0.4% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 1.9% against the dollar and now trades at $0.33 or 0.00000510 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.3% lower against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About PAX Gold

PAX Gold’s launch date was August 29th, 2019. PAX Gold’s total supply is 183,447 tokens and its circulating supply is 271,181 tokens. PAX Gold’s official Twitter account is @paxosglobal and its Facebook page is accessible here. The official website for PAX Gold is www.paxos.com/paxgold. PAX Gold’s official message board 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 presently possible to buy alternative cryptocurrencies such as PAX Gold directly using US dollars. Investors seeking to trade PAX Gold should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy PAX Gold using one of the aforementioned exchanges.

PAXG/USD price chart by TradingView