Home » Paxos Launches Gold-backed Crypto Pax Gold

Paxos Launches Gold-backed Crypto Pax Gold

gold 864x467 - Paxos Launches Gold-backed Crypto Pax Gold


A PAXG token costs as an ounce of gold. It can be redeemed for a physical bar at partnering institutions such as Bullion Exchanges in New York. Moreover, the crypto loan startup SALT offers PAXG-backed loans, available in fiat or stablecoins such as PAX, TrueUSD or USDC.

For traders who might want to buy gold on-the-go and then pick it up in another location, Cascarilla believes Pax Gold could offer a regulated alternative to physical ownership.



Source link

180706 hyip 728x90 1 - Paxos Launches Gold-backed Crypto Pax Gold
Share This Post
Have your say!
0 0

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>