PAX Gold (PAXG) Hits Self Reported Market Cap of $532.26 Million

PAX Gold (PAXG) traded 0.2% lower against the dollar during the twenty-four hour period ending at 19:00 PM ET on May 26th. PAX Gold has a total market cap of $532.26 million and $7.81 million worth of PAX Gold was traded on exchanges in the last day. Over the last seven days, PAX Gold has traded down 1.7% against the dollar. One PAX Gold token can now be purchased for $1,962.76 or 0.07344618 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded down 1.2% against the dollar and now trades at $0.33 or 0.00001245 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• OmniaVerse (OMNIA) traded 1.9% lower against the dollar and now trades at $0.0017 or 0.00000006 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 1.3% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 25.2% higher against the dollar and now trades at $0.0198 or 0.00000074 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 2% lower against the dollar and now trades at $0.0088 or 0.00000033 BTC.

About PAX Gold

PAX Gold’s launch date was August 29th, 2019. PAX Gold’s total supply is 263,075 tokens and its circulating supply is 271,181 tokens. PAX Gold’s official message board is medium.com/paxos. 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.

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 currently possible to purchase alternative cryptocurrencies such as PAX Gold directly using US dollars. Investors seeking to trade PAX Gold should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase PAX Gold using one of the exchanges listed above.

PAXG/USD price chart by TradingView