What is the total supply of Pax Gold (PAXG) coin?
Sheppard BurnetteDec 24, 2021 · 3 years ago3 answers
Can you please provide me with the total supply of Pax Gold (PAXG) coin? I am interested in knowing the exact number of PAXG coins that are in circulation.
3 answers
- Dec 24, 2021 · 3 years agoThe total supply of Pax Gold (PAXG) coin is 42,000 ounces. Each PAXG token represents one fine troy ounce of a London Good Delivery gold bar. So, the total supply of PAXG coins is equivalent to the total number of gold bars held by Paxos, the issuer of PAXG.
- Dec 24, 2021 · 3 years agoPax Gold (PAXG) has a total supply of 42,000 ounces. Each PAXG token is backed by one ounce of physical gold stored in the vaults of Paxos. This ensures that each PAXG token has a tangible value and can be redeemed for physical gold if desired.
- Dec 24, 2021 · 3 years agoThe total supply of Pax Gold (PAXG) coin is 42,000 ounces. This information is publicly available and can be verified on the official website of Paxos, the issuer of PAXG. Paxos is a trusted and regulated company that ensures the transparency and integrity of the PAXG token.
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