
Why use Paxos Gold?
In the beginning of November 2020 Paxos announced that they would be integrating with payments provider Paypal to offer cryptocurrency and cryptocurrency payments to the payment providers clients. So far Paxos Gold is not in the list of supported coins, but Paxos founder and CEO Charles Cascarilla has hinted that PAXG could be supported in the future. Golden coin cryptocurrency Get the latest Gold price here.
Gold token crypto
How is PMGT backed by physical gold?
Numerous stacks of gold coins in Wick's "safe" Utility & yields AurusGold, also known as AWG, is a gold back token that is collateralized and redeemable for 1 gram of 99.99% gold from LBMA certificate refineries. The digital gold token can be used as an alternative to unstable fiat currencies or other cryptocurrencies, as it is one of the easiest ways to invest in gold. AWG is minted by gold traders that can arbitrage between the AWG and bullion gold markets, keeping the price of AWG in line with the spot price.