PAX Gold market information: price, market cap, and supply
PAX Gold Price is $3,935.89. Its current circulating supply is 447.70K paxg with a market cap of $1.76B.
$ 3,935.89
-2.32%
(Not Available)
$ 1.76B
$ 82.80M
447.70K PAXG
What Is PAX Gold (PAXG)?
PAX Gold is a token backed by physical gold. Each PAXG represents one fine troy ounce of a London Good Delivery gold bar held in Brink's vaults in London.
It's issued by Paxos, a company regulated by the New York State Department of Financial Services, and is one of the two biggest gold tokens alongside Tether Gold.
How PAXG Works
When you hold PAXG, you own a share of a specific gold bar, and Paxos publishes monthly attestations of its reserves. Larger holders can redeem for physical gold or cash through Paxos.
Because it moves like gold rather than crypto, PAXG is often used to hedge against crypto market drops without leaving the blockchain.
PAXG at a Glance
| Detail | PAX Gold |
| Backing | 1 fine troy ounce of gold per token |
| Custody | Brink's vaults, London |
| Issuer | Paxos (NYDFS regulated) |
| Network | Ethereum (ERC-20) |
| Gas paid in | ETH |
What Is PAXG Used For?
- Holding gold on-chain.
- Hedging crypto volatility.
- Collateral in some DeFi apps.
How to Exchange PAXG on SecureShift
- Choose PAXG as the coin you send or receive, and pick the other side of the swap.
- Paste the address where you want to receive. For PAXG, paste an Ethereum 0x address.
- Send your deposit to the address shown on the order page.
- Receive your coins in your own wallet. No account, no ID, no exchange limit, and the 1% fee is already in the quote.
Key Moments in PAX Gold History
Paxos launched PAXG in 2019. Interest in gold tokens rose sharply during 2025 as the gold price hit record highs, and PAXG became a common way for crypto holders to get gold exposure.
Where to Store PAXG
MetaMask, Rabby or a Ledger.
Mistakes to Avoid With PAXG
- Expecting PAXG to track crypto prices. It follows gold.
- Sending to a non-Ethereum address.
- Forgetting that Paxos can freeze addresses, as a regulated issuer.
Want to hold part of your portfolio somewhere private? You can swap PAXG to Monero (XMR) the same way.
Popular PAXG Swap Pairs
Jump straight to a pair to see its live rate, network notes and FAQs:
Swap PAX Gold (PAXG) for any asset from our extensive crypto selection by following these simple steps:
1. Select PAXG as the "You Send" currency.
2. Choose the asset you’d like to receive in exchange for your PAXG.
3. Enter the wallet address for the asset you wish to receive.
4. Send your deposit to a unique one-time address.
5. Receive your exchanged coins in approximately 5 minutes!
Top cryptocurrencies to exchange with PAX Gold (PAXG)
| # | PAXG to | Pair | Available for exchange |
|---|---|---|---|
| No data found! | |||
Why exchange PAX Gold on SecureShift
- Using SecureShift is safe and reliable. As a non-custodial service, we never store or hold your assets.
- SecureShift ensures rapid transactions, typically completing within two minutes.
- Our platform is highly versatile. We continuously strive to enhance our services, satisfy our customers, and broaden our cryptocurrency offerings.
- No registration is required to trade any crypto asset on SecureShift. All you need is a wallet address.
- Trade freely with no upper limits! Whether your transactions are small or large, we guarantee successful completion every time.
PAX Gold (PAXG) FAQ
One fine troy ounce of London Good Delivery gold per token.
Yes, through Paxos, subject to its minimums and fees.
Both are gold tokens, but PAXG is issued by Paxos and XAUT by Tether.
No.
Yes, choose PAXG and BTC on the swap form.
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