good article about paxg

When you trade $PAXG on an exchange, you only see the price of gold and not the fee. Here is the key to understanding how Paxos charges that small annual custody fee without interfering with your transactions on the blockchain:

🛡️ Why Does the Fee Exist? The Cost of Trust
The custody fee of $PAXG (which is a very small fraction, generally around 0.18% annually) exists for a fundamental reason: to maintain the physical guarantee.
Physical Gold, Physical Cost: PAXG is not just a token; each PAXG represents a troy ounce of a real gold bar stored in high-security vaults in London.