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WEEX Welcomes PAX Gold (PAXG) to Its Spot Market
As institutional demand for digital commodities continues to climb, PAX Gold (PAXG) represents a powerful blend of traditional asset reliability and modern tokenized convenience. Issued by Paxos Trust Company—a regulated financial institution—each PAXG token is backed by one fine troy ounce of physical gold held in LBMA-approved vaults in London. According to the World Gold Council, gold demand in 2023 reached over 4,800 tonnes, with investors increasingly turning to tokenized assets for liquidity and transparency. WEEX’s listing of PAX Gold meets the evolving needs of both crypto-native and traditional traders seeking secure access to gold.
PAX Gold (PAXG) Listing Timeline
- Deposit: 2025-05-22 7:00 (UTC+0)
- Trading: 2025-05-22 10:00 (UTC+0)
- Withdrawal: TBD
- Spot Trading Link: PAXG USDT
What’s PAX Gold (PAXG)?
PAX Gold (PAXG) is a gold-backed cryptocurrency introduced by Paxos in 2019. It’s built on the Ethereum blockchain as an ERC-20 token and offers investors fractional ownership of physical gold without the complexities of traditional gold investment. PAXG combines physical security with digital efficiency, making it ideal for both traders and long-term holders.
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