Buy Pax Gold (PAXG)

Follow the steps below to easily and securely buy Pax Gold.

You can securely store your Pax Gold in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Pax Gold. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Pax Gold with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Pax Gold with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Pax Gold through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Pax Gold is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Pax Gold involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Pax Gold, it is important to understand the risks.

Volatility: The price of Pax Gold can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Pax Gold is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Pax Gold through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Pax Gold or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Pax Gold: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Pax Gold instantly at the best available market price.

- Do you want to buy Pax Gold at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Pax Gold. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Pax Gold without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Pax Gold with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Pax Gold reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Pax Gold without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Yes, you can send your Pax Gold to an external wallet. With Finst, you can easily send your Pax Gold to a hardware or a software wallet.

Yes, you can store Pax Gold (PAXG) on hardware wallets such as Ledger or Trezor.

Pax Gold (PAXG) is a cryptocurrency that is pegged 1:1 to the price of gold. This means that people can invest in gold by purchasing Pax Gold (PAXG) without needing to buy physical gold.

The company behind Pax Gold, Paxos Trust Company, stores a physical gold bar for each token, specifically one fine troy ounce (t oz) from a 400 oz London Good Delivery gold bar. These gold bars are kept in secure vaults approved by the London Bullion Market Association (LBMA), though specific custodians may vary, such as Brink's.
PAXG can be used by investors as a safe haven against the high volatility of the rest of the cryptocurrency and stock markets.

The advantage of a gold-backed cryptocurrency is that it is easier to invest in gold and track the price, as well as easier to sell. Thanks to blockchain technology, PAXG eliminates the need for a third party, and smart contracts allow for high transaction speeds when trading PAXG.

Pax Gold is an ERC-20 token built on the Ethereum blockchain. This means that PAXG benefits from the security and transaction speed of Ethereum. Transactions are therefore executed on the Ethereum blockchain. Pax Gold can be traded on various centralized crypto platforms. You can also securely buy PAXG at Finst. Additionally, PAXG is tradable on DEXs and DeFi platforms where you can trade Ethereum-based tokens, such as Uniswap.

Pax Gold (PAXG) is fully backed by physical gold stored in secure vaults. Each PAXG token represents one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, meaning the tokens always have a direct physical equivalent.

Each PAXG token is linked to a specific gold bar. Token holders can request details of the gold bar assigned to them through the Paxos platform. You don't have to buy a full PAXG token, you can also invest in smaller amounts of gold, such as 0.1 PAXG.

Pax Gold was launched in 2019 by Paxos Trust Company. The cryptocurrency was developed to offer investors a more flexible way to invest in physical gold without the need to actually own gold.

Paxos Trust Company is a New York-based financial institution focused on digitalizing assets. Paxos was founded in 2012 by Charles Cascarilla and Rich Teo.

Paxos Trust Company is registered and regulated by the New York Department of Financial Services (NYDFS), ensuring compliance with strict financial regulations and providing transparency for investors.