PAX Gold opinions
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So far,1 of opinions have been recorded for PAX Gold. These opinions are not investment recommendations but the community's perspective on PAX Gold. Please do not make a purchase decision based on these PAX Gold opinions.
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PAX Gold opinion #1
As you all know, there are many stable coins in the crypto space. Most of them are bound 1:1 to an fiat currency, like US Dollar or Euro. Pax Gold is using an other mechanic. Pax Gold is bound 1:1 on the gold price in US Dollar. The advantage is, you buy a real share of gold, that is stored in a safe in London. There are checks every week, to make clear that the gold is stored there. If you want to buy Pax Gold, you can use crypto.com.