Buy Pax Gold online

Pax Gold is a stablecoin managed by Paxos Standard.
The company is known in crypto for issuing several stablecoins including PYUSD and USDP.
Until 2023, the company also issued the BUSD stablecoin.
Unlike many stablecoins, which are backed by a fiat currency (euro or dollar), Pax Gold is a token whose value is linked to that of a material, gold.
In practical terms, this means that by owning a Pax Gold token, you own the equivalent of one troy ounce of physical gold.
As a reminder, the troy ounce is an Anglo-Saxon unit of measurement often used in precious metals, and is equivalent to around 31.1 g.
The Pax Gold token is collateralized in gold by London Good Delivery.
Each gold bar from London Good Delivery is identified by a serial number and its weight.
Each token is therefore linked to a part of these gold bars.
Wherever possible, Paxos ensures that all Pax Gold tokens held by an Ethereum address are linked to the same gold bar.
Holders of Pax Gold tokens can access the serial number and weight of the gold they own at any time by logging on to the Paxos website.
Pax Gold is an ERC-20 token and therefore operates on the Ethereum blockchain.
The token is therefore compatible with a large number of services and wallets.
The aim of Pax Gold is to simplify gold investment and open it up to as many people as possible.
The capitalization of Pax Gold exceeds 350 million euros, placing the token in the world’s top 200.

Pax Gold makes it easy to invest in gold, the safe-haven asset par excellence.
To invest in gold the traditional way, you need to buy a minimum weight of physical gold and then manage its storage.
With Pax Gold, everything’s simpler!
For less than €20 (approx. 0.01 PAXG), you can invest in gold with PAXG.
What’s more, Paxos Standard takes care of storing the gold in Brink’s secure vaults.
Unlike a paper gold investment, PAXG is a much more flexible solution.
At any time, you can exchange your PAXG tokens for the gold to which they are linked, or sell them on a platform for euros.
By being backed by physical gold, tokens have two other major advantages.
Firstly, the PAXG token price is less volatile than that of conventional cryptos.
Its price is correlated to that of gold.
A very good thing when you consider that the price of gold has been rising steadily in recent years, particularly in times of geopolitical uncertainty or inflation like the present.
What’s more, the gold held by customers is not part of Paxos’ assets, which protects investors in the event of the company’s insolvency.
Pax Gold is therefore a way to invest in crypto while enjoying the benefits of gold!

The French crypto pioneer: Coinhouse has a wealth of experience in cryptocurrency, enabling us to anticipate threats and implement appropriate security processes to protect your cryptos. An intuitive platform: Coinhouse’s interface has been designed to offer a pleasant user experience.
The menu is located on the left-hand side of the page, and you’ll find the “Buy”, “Sell” and “Exchange” buttons at the top of the home page. Reputable customer service: Coinhouse is a highly appreciated platform, as evidenced by the positive reviews left by users.
In particular, the French-language customer service is praised for its quality and responsiveness. AMF-registered financial services: Coinhouse anticipated the arrival of new crypto regulations and is PSAN-registered with the Autorité des Marchés Financiers (AMF).

1. Registration: As with all crypto platforms, you need to open an account to buy Pax Gold.
   Registration takes just a few minutes.
2. Verification: Coinhouse makes it a point of honor to ensure your security.
   As soon as you register, you’ll be asked to prove your identity by taking a selfie with an identity document in your hand.
3. Deposit funds: You can buy Pax Gold directly in euros on Coinhouse!
   To do so, you need to deposit funds on the platform.
   You can deposit euros by credit card or bank transfer.
4. Buying Pax Gold: To use your deposited funds to buy Pax Gold, click on “Buy” at the top of the home page.
   Another way to buy Pax Gold is to exchange (“Exchange” button) USDT stablecoins for PAXG.
5. Secure storage: To protect your PAXGs, you need to transfer them to a wallet.
   To simplify the task, Coinhouse offers you its integrated wallet.

Selling your Pax Gold is easy.
After clicking on “Sell”, you’ll need to enter the quantity and your bank details.
Funds will be transferred within 1 to 3 working days.

Pundi X and Scoin integrate Pax Gold.
At the end of January 2024, blockchain sales solutions developer Pundi X and Scoin, Africa’s largest physical gold exchange, began a collaboration to integrate the Pax Gold token.
With this partnership, it is now possible to buy physical or digital gold (PAXG) at Scoin outlets. Listing of Pax Gold on Bullish.
In March 2024, the Pax Gold stablecoin was listed on the Bullish exchange.
Today, Pax Gold is available on most exchanges, brokers and DEX on the market.