$PAXG PAX Gold (PAXG) is a very interesting crypto token because it is directly linked to gold. In simple terms, it is "digital gold"
ЁЯЯб How does it work?
1:1 ratio: If you buy 1 PAXG token, it means you legally own one ounce of real gold.
Blockchain: It is an ERC-20 token built on the Ethereum network. This means you can transfer it anywhere in the world, at any time.
Redeemable: The special thing is that if you have enough tokens, you can also exchange them for real physical gold bars through Paxos.