{"id":2351131,"date":"2023-10-27T01:50:00","date_gmt":"2023-10-27T05:50:00","guid":{"rendered":"https:\/\/platoaistream.net\/plato-data\/what-is-pax-gold-paxos-gold-now-on-gcrypto\/"},"modified":"2023-10-27T01:50:00","modified_gmt":"2023-10-27T05:50:00","slug":"what-is-pax-gold-paxos-gold-now-on-gcrypto","status":"publish","type":"station","link":"https:\/\/platoaistream.net\/plato-data\/what-is-pax-gold-paxos-gold-now-on-gcrypto\/","title":{"rendered":"What is PAX Gold | Paxos Gold Now On GCrypto"},"content":{"rendered":"
GCrypto, the in-app cryptocurrency platform of e-wallet giant GCash, recently announced the listing of Paxos Gold (PAXG), an ERC-20 token pegged to one troy ounce of a 400-ounce London Gold Delivery gold bar. This addition brings the number of crypto listed on the platform to 24.<\/p>\n
Check out our 6 most recently updated crypto guides<\/a>:<\/p>\n Check out more articles in our Cryptocurrency 101 Series<\/a>.<\/p>\n PAXG is a digital asset that represents ownership of physical gold. It is created and issued by Paxos Trust Company, a regulated financial institution. According to a press release, it is designed to integrate the stability and value of physical gold with the accessibility and efficiency of blockchain technology.<\/p>\n PAXG can be purchased and sold on a number of cryptocurrency exchanges, including Coinbase, Kraken, and Gemini. It can also be stored in a number of cryptocurrency wallets, including the Paxos Wallet and the Coinbase Wallet.<\/p>\n Each PAXG token is fully backed by one fine troy ounce of London Good Delivery gold bars, which are noted to be securely stored in professional vaults. This means that there is an equivalent amount of physical gold stored as collateral for every PAXG token in circulation.<\/p>\n As per the media release of Grypto, the following are the token\u2019s features: <\/p>\n The crypto platform is currently running a promotion called \u201cGCrypto Better Rates<\/a>.\u201d This marketing campaign offers users improved buy and sell prices compared to previous rates during the promotional period, which runs from October 1 to October 31, 2023. The promo is available to all new and existing registered GCrypto users.<\/p>\n This article is published on BitPinas: GCash in-app Crypto Platform GCrypto Lists Paxos Gold<\/a><\/p>\n Disclaimer:<\/p>\nWhat is PAXG?<\/h2>\n
Features of PAXG<\/h2>\n
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How to Buy and Sell at GCrypto:<\/h2>\n
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Latest GCrypto News<\/h2>\n
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