PAX Gold
PAX Gold (PAXG) is a gold stablecoin based on the Ethereum ERC-20 protocol and managed by Paxos, a New York-based blockchain infrastructure company. Launched in September 2019, PAX Gold offers holders more benefits while reducing counterparty risk than gold ETFs or gold futures contracts.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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