Ticker: PAXG
Introduction：PAX Gold (PAXG) is a digital asset issued by Paxos. Each PAXG token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Users that own PAXG will also own the underlying physical gold, held in custody by Paxos Trust Company.
A user can choose to redeem her PAXG tokens with Paxos, and receive the corresponding value her tokens represent in USD. If a user holds more than 430 PAXG tokens, she has the choice to redeem her tokens in exchange for physical gold bars.
Summary:
| Ticker | PAXG |
| Total Supply (Qty) | 223,817 PAXG |
| Blockchain Support(ERC20) | https://etherscan.io/token/0x45804880de22913dafe09f4980848ece6ecbaf78 |
| Official Website | https://www.paxos.com/pax-gold |
| https://x.com/Paxos |
Trade on AscendEX: https://ascendex.com/en/cashtrade-spottrading/usdt/paxg
Deposit on AscendEX: https://ascendex.com/en/assets/assets-recharge/PAXG
