PAXG to GBP Converter
How much British Pound Sterling ( GBP) is 5 PAX Gold ( PAXG)?
PAX Gold
PAXG
British Pound Sterling
GBP
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The Morpher currency calculator allows you to convert a currency from PAX Gold (PAXG)
to British Pound Sterling (GBP) in just a few clicks at live exchange rates.
Simply enter the amount of PAX Gold you wish to convert to GBP and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 PAXG, 5 PAXG, 10 PAXG, 50 PAXG etc.
Quick facts about PAX Gold
PAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.
Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company.
Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset.
Customers are able to have fractional ownership of physical bars.
On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk.
PAXG is also available for trading on Paxos’ itBit exchange.
PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.
At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.
Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company.
Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset.
Customers are able to have fractional ownership of physical bars.
On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk.
PAXG is also available for trading on Paxos’ itBit exchange.
PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.
At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.
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