Buy PAX Gold

PAX Gold

PAXG
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$0.000USD
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Overview

#131
Popularity
Tokenised Asset
Asset type
2019
Active since

How to buy PAX Gold with CoinJar

Start your cryptocurrency portfolio with CoinJar by following these simple steps.
Step oneDownload the appGet the CoinJar app on iOS or Android.
Step twoCreate an accountSign up and verify your ID – it only takes a couple of minutes.
Step threeMake a purchaseBuy PAX Gold and more than 60 other cryptos using ACH or wire transfer.
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What is PAX Gold?

Buy Paxos Gold (PAXG): Ever wished you could own a piece of a real gold bar? PAX Gold (PAXG) makes that possible. This cryptocurrency is like a tiny slice of a gold bar, stored safely in a high-security vault.

Each PAX gold token you buy is equal to one ounce of real, physical gold. You don't get to take the gold home, but you own it – kind of like having a valuable item in a super safe deposit box.

Why buy Pax Gold?

Real gold

Unlike most cryptocurrencies, PAXG isn't just numbers on a screen. It's backed by actual gold, so its value is linked to the price of gold in the real world.

Easy to trade

You can buy and sell PAXG on cryptocurrency exchanges, just like Bitcoin or Ethereum. This makes it super convenient to invest in gold, even if you don't have a lot of money to start.

Fractional ownership

You don't have to buy a whole ounce of gold at once. PAXG lets you buy small fractions, making gold investing accessible to more people.

Secure

The gold backing PAXG is stored in highly secure vaults, so you don't have to worry about keeping it safe yourself.

Transparency

Paxos, the company behind PAXG, regularly checks and verifies the gold holdings.

How does it work?

Buy PAXG

You purchase PAXG tokens on a cryptocurrency exchange using regular money or other crypto.

Ownership recorded

Your ownership of the PAXG tokens – and the corresponding amount of gold – is recorded on a blockchain, a secure digital ledger.

Gold in the vault

The physical gold represented by PAXG is stored safely in vaults. You can even look up the serial numbers of the gold bars backing your tokens!

Trade or redeem

You can hold onto your PAXG, trade it for other crypto or regular money, or (if you own a large enough amount) redeem it for physical gold bars.

Should I buy Pax Gold?

If you're interested in gold as an investment but like the ease of using crypto, PAXG could be a good option. It's a way to combine the stability of gold with the flexibility of digital assets.

But remember, the price of gold can go up and down, and there's always the risk of the company behind it having issues. It's important to do your research and understand the risks before investing.

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Bank transfer (ACH and wire), or crypto?

Buy PAX Gold instantly with your bank account via ACH or deposit with wire transfer. Easily buy with ACH, wire cash to your account, or swap one cryptocurrency for another in a single click.
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Buying, selling, and holding cryptocurrencies is subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. CoinJar, inc. is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. CoinJar, Inc. does not provide any investment, tax or legal advice; before making the decision to buy, sell or hold any cryptocurrencies, you should conduct your own due diligence and consult your financial, tax and/or legal advisor.

It is your responsibility to determine whether any investment, investment strategy or related transaction is appropriate for you according to your personal investment objectives, financial circumstances, and risk tolerance. Enter into a transaction only if you fully understand its nature, the contractual relationship into which you are entering, all relevant terms and conditions, and the nature and extent of your exposure to loss. Past performance is not a reliable indicator of future results. Geographic restrictions may apply. CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.

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