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Physical Gold (XAU) or PAXG (Digital Gold) as a method of Saving.
Both are worth the same, as PAX Gold (PAXG) is designed to replicate the price of one troy ounce of physical gold (XAU/USD).
PAXG is a digital token (cryptocurrency) where each token is backed by one troy ounce of real physical gold stored in secure vaults in London.
The price of PAXG in cryptocurrency markets moves almost 1:1 with the global gold quotation.
The advantages of holding PAXG are as follows:
1-It is stored in a digital wallet (crypto wallet). The underlying physical gold is held by Paxos. You don’t need a safe, bank, or vaults to store it.
2-You don’t need to find a buyer/seller, verify the gold, and comply with business hours when trading it. It is bought and sold instantly, 24/7, on cryptocurrency exchanges.
3-You can buy very small fractions of a token (0.000001 PAXG), making investment accessible with very low amounts.
In summary, for investment or Saving purposes, PAXG is the cheapest, most liquid, and accessible way to own gold.
If you want to save in Gold, do you prefer it in physical form or in tokens?
#PAXGUSDT $PAXG
Both are worth the same, as PAX Gold (PAXG) is designed to replicate the price of one troy ounce of physical gold (XAU/USD).
PAXG is a digital token (cryptocurrency) where each token is backed by one troy ounce of real physical gold stored in secure vaults in London.
The price of PAXG in cryptocurrency markets moves almost 1:1 with the global gold quotation.
The advantages of holding PAXG are as follows:
1-It is stored in a digital wallet (crypto wallet). The underlying physical gold is held by Paxos. You don’t need a safe, bank, or vaults to store it.
2-You don’t need to find a buyer/seller, verify the gold, and comply with business hours when trading it. It is bought and sold instantly, 24/7, on cryptocurrency exchanges.
3-You can buy very small fractions of a token (0.000001 PAXG), making investment accessible with very low amounts.
In summary, for investment or Saving purposes, PAXG is the cheapest, most liquid, and accessible way to own gold.
If you want to save in Gold, do you prefer it in physical form or in tokens?
#PAXGUSDT $PAXG
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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