PAXG Token

What is PAXG?
PAXG (Pax Gold) is a digital asset backed 1:1 by physical gold, issued by Paxos Trust Company. Each token represents one fine troy ounce of gold stored in professional vaults, giving you the security of real gold combined with the flexibility and liquidity of a cryptocurrency. PAXG is built on the Ethereum blockchain as an ERC-20 token, making it easy to trade, transfer, and store in any Ethereum-compatible wallet.

Can U.S. traders buy and sell PAXG tokens?
Yes, U.S. traders can buy and sell PAXG on INX.ONE Paxos Trust Company is regulated by the New York Department of Financial Services (NYDFS).

How do I trade PAXG tokens on INX?
To trade PAXG, sign up on the INX ONE platform, complete the KYC/AML process, and fund your account. Once verified, you can start trading PAXG tokens with benefits like 24/7 access, secure self-custody, and seamless cryptocurrency on- and off-ramps.

What are the advantages of trading PAXG?
Trading PAXG provides numerous advantages:

• Real Gold Backing: Each token is fully backed 1:1 by physical gold stored in highly secure vaults, with third-party verification.
• Liquidity and Accessibility: PAXG tokens can be traded and transferred easily on the Ethereum blockchain, making them more liquid than physical gold.
• Security and Regulation: PAXG benefits from the trust and oversight of Paxos, a regulated entity under NYDFS..
• Portfolio Diversification: PAXG offers potential  protection against market volatility and inflation, making it a popular choice for investors looking to diversify their portfolios with a stable, gold-backed asset.

What fees are involved when trading PAXG on INX?
Standard INX trading fees apply for PAXG transactions. However, until the end of December, INX is offering a $1 gas fee promotion for all PAXG trades. This makes trading even more cost-effective, allowing investors to benefit from reduced fees while enjoying the secure and regulated features of the platform.

What is the value of PAXG?
The value of PAXG is tied directly to the current market price of physical gold. Each PAXG token represents one fine troy ounce of gold, so its value fluctuates with gold prices, which you can track in real-time on the INX ONE platform.

How does PAXG tokenization comply with regulations?
PAXG is registered pursuant to U.S. regulations, including oversight from the NYDFS. Paxos follows strict guidelines for asset custody, ensuring that the gold backing each token is safely stored in audited vaults. Additionally, the use of Ethereum blockchain technology ensures transparency and secure transactions.

Can I trade PAXG tokens 24/7?
Yes, one of the benefits of trading PAXG on INX ONE is 24/7 access. This feature allows investors to trade their digital gold anytime, anywhere, providing flexibility and global reach.

Start trading PAXG today and experience the best of both worlds: the stability of gold and the flexibility of digital assets!