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Buy PAX Gold (PAXG)

PAXG

$3,509.60

24H Change
-0.80%
24H Volume
$6.2M
Global Rank
#165
Market Cap
$431M

PAX Gold Price

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About PAX Gold (PAXG)

PAX Gold is a crypto asset backed by an underlying one troy ounce (t oz) of a 400 oz gold bar, stored in Brink’s Vault’s in London. PAXG provides a very different value proposition, in that you own the underlying physical gold, held in custody by Paxos Trusts. 

There are many use cases for PAX Gold, the most obvious being the ability to hold a digital version of Gold, without having to physically store and hold the physical goods. Another, is the ability to use the intrinsic value offered by the commodity exposure, to further leverage against other digital assets. PAXG provides both investors and traders a unique value proposition, a new age utility to a legacy asset.

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How to Buy PAX Gold (PAXG) in Australia

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  3. Deposit AUD instantly
  4. Buy PAXG

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PAX Gold FAQs

  • PAX Gold FAQs
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Where is the best place to buy PAX Gold?

The best place to buy PAX Gold is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade PAX Gold and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of PAX Gold determined?

The price of PAX Gold is determined by the forces of supply and demand in the market. Similar to other assets, the price of PAX Gold is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for PAX Gold are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy PAX Gold with credit card?

Swyftx does not allow you to directly buy PAX Gold with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy PAX Gold instantly.

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Period: Last 24 hours

PAXG Buys and Sells

By number of orders

14% Buy
14%
Buys
86%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.