PAX Gold (PAXG) — price, overview & secure storage
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Last Updated on Jun 06, 2026 01:06 AM
What is PAX Gold? Complete guide to PAXG
What is PAX Gold and who created it?
PAX Gold (PAXG) is a digital-asset/">digital asset that represents physical gold. Each token is backed by one fine troy ounce of a London Good Delivery gold bar, securely stored in professional vault facilities. The ownership of PAXG equates to ownership of the corresponding physical gold, with Paxos Trust Company acting as the custodian.
Key features of PAX Gold blockchain
PAXG offers the benefits of physical gold ownership combined with the advantages of a digital asset. It allows for fractional ownership of gold bars, providing flexibility and accessibility to investors. The token is available for trading on various platforms, including Paxos' itBit exchange, and can be converted to allocated gold, unallocated gold, or fiat currency.
How PAX Gold transactions work
PAXG holders can verify their ownership by checking the serial number, value, and physical characteristics of their gold through the PAXG lookup tool on Paxos.com. The value of PAXG is directly tied to the real-time market value of the physical gold it represents, ensuring transparency and security for investors.
Wallet for PAX Gold
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Tangem supports networks for PAX Gold
- Ethereum
- Bnb Smart Chain
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Similar cryptocurrencies to PAX Gold (PAXG)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $61,344.83 | -2.74% | $1.23T |
 EthereumETH | $1,595.45 | -8.80% | $0.19T |
 TetherUSDT | $0.9996 | 0.07% | $0.19T |
 BNBBNB | $576.88 | -3.51% | $77.71B |
 USDCUSDC | $0.9997 | 0.01% | $75.54B |
Frequently asked questions about PAX Gold (PAXG)
- PAX Gold is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- PAX Gold offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes, both names point to the same token. PAXG is just the shorthand symbol used for market and wallet displays.
- You can buy PAX Gold using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- For long-term safety, move PAX Gold to a hardware wallet like Tangem, which protects your keys from remote access and malware.
- Pax Gold (PAXG) is a stablecoincreated by Paxos Standard that is backed by physical gold.
- PAX Gold (PAXG) is a digital asset backed by physical gold. Paxos Trust Company is the custodian for PAX Gold tokens and their associated physical gold bars.
- PAX Gold (PAXG) is a commodity-backed, gold stablecoin issued by Paxos. Each token is backed by 1 fine troy ounce of gold kept in Brink's vaults managed by Paxos. PAXG allows for exposure to Gold markets without using an ETF, futures contract, or other derivative product.
How to store PAX Gold securely with a hardware wallet
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why Tangem is a trusted PAX Gold hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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