PAX Gold
Digital Gold Backed 1:1 by Physical Gold Reserves
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
PAX Gold Price Chart
About PAX Gold
PAX Gold (PAXG) is a digital asset where each token represents one troy ounce of physical gold stored in Brink's vaults in London. Issued by Paxos Trust Company (a regulated US financial institution), PAXG gives investors the benefits of owning gold — inflation hedge, store of value — with the portability and divisibility of cryptocurrency. PAXG is 1:1 redeemable for physical gold through Paxos. Owners can fractionalize gold ownership (buy 0.01 oz), transfer value globally in seconds, and use gold as collateral in DeFi without taking physical delivery. PAXG is a regulated, audited product with monthly attestations of gold reserves.
History
How to Swap PAXG
To swap PAX Gold (PAXG) on SyntheticSwap, no account creation or KYC is required. PAXG runs on the Ethereum blockchain as an ERC-20 token, compatible with MetaMask, Ledger, Rainbow, and any Web3 wallet. Navigate to SyntheticSwap, choose PAXG as either source or target, enter your wallet address for the destination asset, and send PAXG from your personal wallet to the deposit address shown. Swaps typically settle within a few Ethereum block confirmations, and your destination asset lands directly in your specified wallet.
How to Store PAXG
PAXG (ERC-20) is stored in any Ethereum wallet including MetaMask, Ledger, Trust Wallet, and Coinbase Wallet. Since PAXG represents real gold, treat it with the security of storing valuable assets — hardware wallet storage is recommended for significant amounts.
