WEEX Welcomes PAX Gold (PAXG) to Its Spot Market

By: WEEX|2025/05/23 04:09:40

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.

Additional Information

· PAX Gold Official Website
· PAX Gold X
· WEEX Trading Fees

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What Is PAXG（PAX Gold）

Pax Gold (PAXG) is a digital asset backed by physical gold reserves, offering a stable and transparent way for investors to gain exposure to gold through blockchain technology.

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