Header banner
Revain logoHome Page
pax gold logo

PAX Gold Review

27

·

Very good

Revainrating 4.5 out of 5  
Rating 
4.3
Crypto Projects, ERC20

View on AmazonView on ЯM

Description of PAX Gold

PAX Gold (PAXG) is a cryptocurrency and operates on the Ethereum platform. PAX Gold has a current supply of 271,263.71. The last known price of PAX Gold is 2,025.40902376 USD and is down -0.37 over the last 24 hours. It is currently trading on 112 active market(s) with $14,827,016.47 traded over the last 24 hours. More information can be found at https://www.paxos.com/paxgold/.

Reviews

Global ratings 27
  • 5
    10
  • 4
    14
  • 3
    3
  • 2
    0
  • 1
    0

Type of review

Revainrating 4 out of 5

Pax will be Gold

PAX Gold (PAXG) is a gold-backed cryptocurrency. So it is sensitive to gold price fluctuations. The increase in gold prices will add value to Pax Gold, and the fall in gold prices will depreciate. For the first time there is a physical presence behind a cryptocurrency. Pax Gold is built on erc-20. You can make many transactions and conversions on the Paxos platform. PaxGold can be easily used for physical coins and physical gold in use. It has the support of the gold commissions in New York

Pros
  • It is a currency indexed to gold
  • In partnership with the London Good Delivery gold bar trading company
  • You can store gold in the safest safes used in the world.
  • There is no requirement to have a full bar of gold.
Cons
  • Competing with Tether Gold challenges Pax Gold

Revainrating 5 out of 5

Gold Fill-ERC-20

The Paxos mission are to digitize and mobilize the world’s asset. They tokenized on Ethereum blockchain the physical gold, like ancient Greeks does 2500 years ago. But, could you be sure what this fine Oz of shining yellow brick stays physicaly in the vault? YES!!!! Each token is backed by gold bars!!!! Past september 11th 2020 on Medium. PAXOS or itBit as they knows on 2015, announced their growth demand (31,000 tokens & 78 bar). Then celebrates his first year old of been approved li

Pros
  • Gold backed
  • DFS approved
  • Allocation Lookup Search
Cons
  • none

Revainrating 4 out of 5

Pax Gold (PAXG) is a gold-backed digital coin that changed into released in September 2019 via the manufacturers of Paxos Standard (PAX).

Paxos in preferred is a blockchain with a dynamic outlook that gives a hard and fast of multiple services for allied variations it has. It turned into performed in 2012 and presently has a very good market cap of round $1,900 to the nearest hundred. PAX GOLD is a stable coin primarily based on the Ethereum blockchain making it an ERC-20 based token. The PAXG foreign money is one of the fine-acknowledged stablecoins, subsidized in this example by physical gold bars stored in Brink's vaults…

Pros
  • Relatively excessive range of owners.
  • PAXG is appropriate wherever ERC20 tokens are supported.
  • A exact way to store cash without threat.
  • Flexibility, protection and privateness supplied as a hard and fast of practical functions.
  • It is dependable and at the same time reliable.
Cons
  • Required Know Your Customer coverage.
  • I do not have a poor side to this evaluation.

Revainrating 5 out of 5

PAX Gold is a platform that is worth reviewing for.

PAX Gold takes over the new lead of today's discussion. Pax Gold (PAXG) is a gold-upheld digital money, dispatched by the makers of Paxos Standard (PAX) in September 2019. As an ERC-20 token working on the Ethereum blockchain, Pax Gold is tradeable on an enormous assortment of trades and has become an open way for merchants to begin putting resources into gold. The fundamental objective behind Pax Gold is to make gold more tradable, as the actual product isn't effectively distinguishable or a

Pros
  • It establishes the best payment procedures.
  • It is trusted and as well reliable.
  • It is high tech. built on JS.
Cons
  • I have no negative aspect for this review.

Revainrating 3 out of 5

Stabilcoin democratizes planet gold: PAX Gold (PAXG)

Paxos, in general, is a blockchain with a strong form that offers different administrations for combined deliveries. Paxos Gold is currently offering gold to its customers through excellent partnerships with the open market crypto. Anything other than a guaranteed and truly reliable effect. The best approach to it was right for dealers who like to control the types of computerized monitors they control. The advanced cash Ethereum makes a lot of sense, pushing all its open-ended money to its…

Pros
  • Gold supports DFS supported Search for a section
Cons
  • No flaws

Revainrating 4 out of 5

About PAX Gold

The PAX Gold arrangement has made it simpler for clients to have gold that permits them to utilize automated and fake cash to purchase gold grams straightforwardly, utilizing the high level money bundle, which has a narrative to keep gold from being contracted.  It was made in 2012 and has not converged in American assemblies. Permits you to guarantee your gold bars yourself. Any individual who possesses PAXG has genuine gold bars, the cost of which is equivalent to the real market

Pros
  • As a team with the London Great Conveyance Gold Bar Trade
  • You can store it in safe boxes.
Cons
  • I didn't confront the need

Revainrating 4 out of 5

About PAX Gold

The PAX Gold series has made it easier for customers to have gold that allows them to use computerized and counterfeit money to buy gold grams directly, using the advanced cash package, which has a chronicle to prevent gold from being contracted. It was created in 2012 and has not merged in American congregations. Allows you to claim your gold bars yourself. Anyone who owns PAXG has real gold bars, the price of which is equal to the actual market price. The path to it has been the right one…

Pros
  • In collaboration with the London Good Delivery Gold Bar Exchange
  • You can store it in safe boxes.
Cons
  • I didn’t face the lack

Revainrating 4 out of 5

Pax gold bring food closer to the common people

Gold has been around for centuries and it is popularly believed that it is only the rich that can afford to invest in it because it is expensive but gone are those days because right now crypto project like Pax gold is making it accessible to all. Pax gold is a crypto project backed by gold. Each pax gold which is an erc-20 built on ethereum block chain is having the value of one fine Troy ounce. Because it has been fractionalized, it is possible for investors the invest a little in pax gold

Pros
  • The coin can be redeemed for physical gold
  • It brings gold commodity to the masses
  • All transactions are verifiable on ethereum block chain
  • It can be stored on all ethereum based wallet
Cons
  • It is still a new project so more time is needed to determine it's value

Revainrating 4 out of 5

Paxos: Leading the Gold Investments Through and Open Source Cryptocurrency Network

Paxos is, overall, a blockchain with a dynamic view that offers a set of multiple services for the allied releases it has. Currently, the Paxos Gold network is offering a chance to customers of owning gold through a great interaction with crypto in the open market. It depends on a reliable process that is certified and legit. Trustworthiness is one of the roots of this blockchain, and it keeps growing up with great effectiveness for the security of the community. The token offered by this…

Pros
  • Network supported by a great number of markets and digital partners including exchanges services offering liquidity for the token, and listed wallets programmed for open and unlimited storage.
  • Great platform design, and practical view for the content offered on the web page.
  • Flexibility, security, and privacy offered as a set of practical features.
  • It is a blockchain bringing support to a precious metal baked in the common cryptocurrency market options.
Cons
  • It has a low scope registered despite all the partnership it has, and the support provided for exchanging the token.
  • The PAXG token has little value in the general market. It is little, at least, to buy it as an investment.

Revainrating 4 out of 5

The golden project

Actually backed up by Gold, paxgold is a crypto project platform is backed by 1 fine iunce of gold (fact!) Interesting isn't it They trade in actual gold which is backed up by a well known Financial body. They accept ethereum based transactions that is you need to acquire ethereum inorder to have your own personal Since the world is going digitally cryptographic , i recommend Paxgold because its returning profit is very reasonable. Presently its current price is about 1960$ . it is a legit…

Pros
  • Easily accessibl
  • Highly liquid
  • based in ethereum blockchain
Cons
  • too much verification

Revainrating 4 out of 5

PAX GOLD Is Special

PAX GOLD is a stable coin that provides it's owners with gold bullion. It was realized in 2012 and currently has a fine market value of about $1,900 to the nearest hundreds. The fact that it is regulated has made it the right choice for traders who like dealing with regulated cryptocurrencies. The cryptocurrency is an Ethereum based token making it easily stored in almost all the cryptocurrency wallets available It's security is a topic to talk about as the platform provides a solid security…

Pros
  • It's a stable coin
  • It is a regulated institution
  • Nice market value of about $1,900
  • Provides good security for user's funds
  • Because it is stable, it doesn't suffers volatility
Cons
  • Necessitated Know Your Customer policy

Revainrating 4 out of 5

The stablecoin that democratizes access to gold around the world: PAX Gold (PAXG)

Undoubtedly, cryptocurrencies that are backed by a physical asset (gold, silver, oil, among others) are much more reliable for investors and offer many advantages, including minimizing the inconveniences related to volatility and speculation. The PAXG currency is one of the best known stable coins backed in this case by physical gold bars stored in Brink's vaults in the city of London. The stablecoin PAX Gold is an ERC-20 token built on the Ethereum blockchain. According to the firm, each PAXG

Pros
  • Being built on the basis of ethereum, plax Gold enjoys all the benefits that this platform offers, including decentralization and high security guarantees.
  • Gives PAXG token holders real ownership of gold. If you have enough tokens, you can exchange them for a physical gold bar.
  • London Good Delivery gold bars are protected in the safest vaults in the world.
  • By tokenizing gold and putting it on a chain of blocks, access is democratized, avoiding the setbacks that merit its physical storage, transport and trade.
  • It has a pleasant, intuitive interface and with enough technical information about the project in its WHITE PAPER.
Cons
  • At the moment I have nothing relevant to limit against this project.

Revainrating 4 out of 5

PAX GOLD Is Gold Indeed

The PAX GOLD is a stable coin that is based on the Ethereum blockchain making it an ERC-20 based token. It provides users with tokenized ownership of gold bullion stored in secured brinks vaults. The centralized platform was founded in the year 2012 and is a highly regulated institution. The PAX GOLD has its token, PAXG which is currently with about $1,937 which is nice for a gold, it is also projected to rise in value making it a good cryptocurrency for investment. This token is backed by the

Pros
  • It's a stable coin
  • Built on the Ethereum blockchain, making it possible to be stored on any ERC-20 based wallets
  • Highly secured as it offers it's users good security for their funds
  • It is a regulated platform
  • Nice market value
Cons
  • The platform is centralized making it necessary to obey rules
  • The platfo made KYC necessary

Revainrating 3 out of 5

PAX Gold

It is founded in 2012 and incoroperated in the united state of America. THE allow you to own your Gold bars yourself. ANYONE who owns PAXG has real gold bars, whose value s the same ith the market value of real

Pros
  • Its tokens allows one own a real gold with the PAX gold company, which is easy to use, manage and one can access his or her asset anytime.
  • Based on my finding it is scam free company with a remarkable history, it has a clean track record
  • Asset holders earn interest on their asset with the company. and you at liberty to take loan from the company.
Cons
  • The main problem is the KYc. In countries like Nigeria, it is not easy to get a national ID card or an international passport, this makes it difficult for just anyone interested to use it.
  • Your account could be freeze and wiped out, that is not alright

Revainrating 4 out of 5

Pax Gold

PAX Gold platform made it easier for users to own gold conveniently using digital currency pax allow the use of digital and fait currency to buy gold gram directly from the platform these gold gram have serial number to make sure mistake are not made in mixing up sales. PAX Gold token is backed by physical gold each pax token is backed by ounce of allocated gold. The idea behind these platform is really great as it made it more convenient to use crypto token to acquire physical backed gold.…

Pros
  • Well recommended and regulated gold exchange platform backed by digital token with high competitive market cap and trading volume
  • Supported on multiple exchange platform compatible for use on multiple wallet with multiple trading pairs
  • Well engage platform for updating users
Cons
  • Pax Gold non for now

Revainrating 4 out of 5

Invest in Gold through cryptocurrency.

PAX Gold $PAXG is an ERC-20 token built on the Ethereum network. Its price is hovering around $1,937 at the time of writing this review (10/10/2020) and its major trading market is the PAXG/USD trading pair, according to CoinGeko. $PAXG is backed by real gold and its low max supply gives it such a high price value. It is also very centralized being regulated by the New York State Department of Financial Services. Its regulation brings a form of assurance but also reduces community…

Pros
  • Ethereum token, thus can be stored on any ERC-20 compatible wallet.
  • Relatively high number of holders.
  • Available on popular exchanges.
  • Can be used to verify ownership of gold bars.
  • Can be used to redeem actual gold.
  • Used for making payments.
Cons
  • Centralized.

Revainrating 4 out of 5

PAX Gold: Giving you a physical golden feeling of holding cryptocurrencies

One major setback usually suffered by cryptocurrencies is the lack of physical evidence of the token you hodl. There is always a fear of the unseen, surrounding crypto. This shortcoming brought about the introduction of physical assets backed token which allows you to hodl a crypto token backed by physical assets. An example of such physical asset is Gold. PAX Gold (PAXG) is one of those crypto tokens that is backed by physical assets (Gold) where a token of PAXG is worth one fine troy ounce…

Pros
  • PAXG is a token that is approved and regulated by the DFS
  • You can convert your PAXG for fiat currencies, or for physical gold
  • PAXG is acceptable anywhere ERC20 tokens are supported.
  • As a customer, you have fractional ownership of physical gold bars.
  • You can trade PAXG against other digital assets on popular crypto exchanges.
  • There is a monthly audit by a nationally ranked auditor for attestation to the matching supply of PAXG tokens and underlying gold to ensure transparency in the dealings of the company on the tokens.
  • Gold tokens are secured in the custody of Paxos Trust Company which is regulated by Financial arm of the New York State Department.
Cons
  • The token needs more popularity
  • ERC20 blockchain transaction fees are high

Revainrating 4 out of 5

PAX Gold PAXG: ERC-20 Token worth real physical gold.

Cryptographic project whose main characteristic is that its digital asset goes down the ethereum ERC-20 platform is backed by 1 ounce of physical London Good Delibery gold stored in vaults, bondholders can consult the serial number of the bar from the web platform of gold backing the PAXG coin, PAX Gold launched the project in Singapore in 2015, but is currently based in New York USA. The launch of the cryptocurrency backed in gold has the approval of the financial services department of that…

Pros
  • Good way to save without risks
  • Token gains value every day for its gold backing
  • Accepted in several major exchanges and wallets.
  • It has its own Exchange paxos.
Cons
  • I have no serious project against it.

Revainrating 5 out of 5

PAX Gold: Digitalizing And Tokenizing Gold Assets.

PAX Gold is a cryptocurrency platform backed up by assets in gold. Not only that, their main aim is to digitally tokenize gold in form of a digital currency. PAXG the digital token of the PAX Gold platform is equivalent to one ounce of gold. This token is also built on the ethereum blockchain network, which makes it an ERC 20 ethereum based token. On the platform, users can exchange PAXG token for gold and vice versa. I believe this project actually makes easy and simplify transactions in gold.

Pros
  • PAXG is built on the ethereum blockchain network.
  • The platform allows features the tokenization of gold.
  • The project is backed up by gold assets.
  • It allows easy transactions in gold.
Cons
  • The project's popularity is still low

Revainrating 5 out of 5

PAX GOLD. A stablecoin to saving the futuro.

PAX GOLD is a cryptocurrency to tokenize gold. It was designed with the characteristics of Ethereum coins, at the time when gold becomes attractive to people who want to invest their money and generate profits, each token is equivalent to a fine troy ounce of gold guarded by PAXOS, so that those who own this coin are entitled to the amount of corresponding gold. This stablecoin is directly linked to gold in a proportional relationship, so with the increase in gold, the value of this currency…

Pros
  • Buy PAXG is like to buy gold.
  • The network is very reliable and it is backed by.
  • It is a project that is growing by leaps and bounds
Cons
  • The price of gold can become unstable.