Review on PAX Gold by RODRIGO REIS
A project worth gold!
PAX Gold is an interesting platform to acquiring gold. Through
PAX Gold token (PAXG) you can own the underlying physical gold, held in custody by Paxos Trust Company. The token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.
You can convert or redeem PAXG for fiat, physical or gold through Paxos platform.
A great platform to facilitate the purchase and sale of gold online
Pros
- Paxos is a reliable company regulated by the New York State Department of Financial Services.
- Token PAXG can be exchanged for fiat, physical or unallocated gold via the Paxos platform.
- Extremely competitive fee. For PAXG holders, custody is without fees
- Token PAXG has high value and nice trading volume diary
- A large number of exchanges are trading PAXG token. Good partners!
- Paxos is a project very active on social networks
Cons
- None until the moment
