Buy & Swap PAX Gold (PAXG)

$4,528.21+0.81% (24h)ERC20 network

PAX Gold (PAXG) can be swapped instantly on SwapRocket — no account, no KYC and zero added fees. Compare live PAXG rates from every connected provider and receive funds in your own wallet in minutes.

Swap PAXG instantly — no KYC

PAXG / USD — 24H chart

ChangeHighLow

Live market data · extended history unavailable for this asset

24h0.81%

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PAX Gold statistics

Market cap$2.12B

Fully diluted market cap—

24h volume$187.14M

Circulating supply467.07K PAXG

Max supply∞

Total supply—

All-time high$6,792.32

Market dominance—

Rank—

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Non-custodial

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About PAX Gold (PAXG)

Crypto token

PAX Gold (PAXG) is a crypto token on the ERC20 network. It powers its project's ecosystem — used for things like access, governance, fees, or rewards — and trades freely against other digital assets.

How does PAXG work?

PAX Gold runs as a token on the ERC20 network, which means it benefits from that chain's security and tooling while serving the specific role its project defines — for example governance votes, platform fees, staking, or in-app utility.

What is PAXG used for?

Holders use PAXG to participate in the PAX Gold ecosystem and to gain exposure to the project's growth. As with any token, its value is tied to real usage and demand for what the project offers.

How to buy or swap PAXG on SwapRocket

Pick PAXG as the asset you want to receive.
Choose which crypto you're paying with.
SwapRocket compares every connected exchange and surfaces the best rate.
Paste your wallet address and confirm — funds arrive in minutes.

PAX Gold (PAXG) swap profile

This profile explains how PAX Gold swaps work on SwapRocket: the network PAXG settles on, what an exchange costs, how long it usually takes, and which pairs are published. Rates are aggregated live from every connected provider and shown in full before you commit to anything.

PAXG key facts

Ticker: PAXG
Settlement network: ERC20
Category: Crypto token
Custody: Non-custodial — coins move from the provider straight to your wallet
Cost to you: Zero added fees; you see the provider rate
Verification: No KYC for crypto-to-crypto swaps
Typical completion: Most swaps finish in under 10 minutes
Rate options: Best rate, fastest route or fixed rate
Published pairs: 2 published PAXG pairs

How a PAXG swap works

Enter the amount you want to exchange, pick the asset on the other side, and SwapRocket queries every connected exchange partner at once. You choose an offer, paste the wallet address that should receive the funds, and send PAXG to the deposit address shown. The partner executes the trade and pays out to your address — SwapRocket never holds your coins, and there is no account to create before you start.

Choosing a rate for PAXG

Three offers are presented for every PAXG exchange. The best rate returns the largest amount for the size you entered. The fastest route favours the partner with the shortest expected settlement time, which matters when the market is moving. The fixed rate locks the quoted amount for the duration of the order, so what you are shown is what arrives, at the cost of a slightly smaller payout. Floating offers can move with the market between deposit and settlement.

Networks and addresses for PAXG

PAX Gold settles on ERC20. Always send from and to an address on that network: a deposit sent over a different chain cannot be recovered by the exchange partner. When an asset exists on several chains, pick the matching network in the widget before copying the deposit address, and send a small test amount first if you are unsure.

Popular PAXG pairs

Each pair below has its own page with a live quote, the current rate and the limits that apply to that route.

What is PAXG? · Sourced guide · Updated 2026-09-24 · 8 sources cited

PAX Gold (PAXG) puts ownership of physical gold on a blockchain. How do Paxos's vaulted bars, bar-by-bar allocation and regulated custody combine so that each token stands for a real ounce you can trace?

Owning gold usually means a trade-off. Physical bars are real and simple to understand, but they are costly to store, insure and move. Gold funds and certificates are easier to hold, but they put more layers between the owner and the metal. PAX Gold aims to keep the directness of owning bars while adding the portability of a crypto token. Each PAXG represents one fine troy ounce of London Good Delivery gold held in London vaults, and Paxos assigns tokens to specific, serial-numbered bars. This profile explains how that works, using Paxos's own documents, contracts and support material.

One token, one ounce of vaulted gold

Paxos's documentation states that each PAXG token represents one fine troy ounce of London Good Delivery gold. Good Delivery is the London bullion market's standard for bar size, purity and approved refiners, so the backing is defined in the market's own terms rather than a custom benchmark.

The PAX Gold page says the gold backing PAXG is stored in LBMA vaults in London, and the documentation states that PAXG is always fully redeemable from Paxos on a one-to-one basis for physical gold. The original white paper presents PAX Gold as a tokenized version of real, physical gold, and that design goal still shapes the product.^{[1], [2], [3]}

Allocation to specific bars

A distinctive part of PAXG is allocation. Paxos's support documentation explains that it allocates gold automatically, so every PAXG token is assigned to specific gold bars at all times, and allocations are updated as tokens move.

Holders can look up the bar behind their tokens, including its serial number, weight and fineness. This moves gold ownership from a general promise to a traceable record of which metal backs which tokens.^[4]

Regulated custody and regular reporting

PAXG is issued by Paxos Trust Company. The PAX Gold page describes Paxos as a trust company and custodian regulated by the US Office of the Comptroller of the Currency, and states that the allocated gold is audited monthly.

Paxos also publishes terms and conditions for PAX Gold that set out how issuance, redemption and holdings work. Taken together, the regulated issuer, the monthly checks and the published terms give holders a clear record of who is responsible for the gold.^{[2], [8]}

Open contracts on public blockchains

Paxos's mainnet reference lists the official PAXG token address on Ethereum as 0x45804880De22913dAFE09f4980848ECE6EcbAf78, along with a Solana token address. The PAXG contract code is published on GitHub, and its documentation explains that users interact with the token through the proxy contract at that Ethereum address.

Publishing the addresses and code in official places helps holders avoid look-alike tokens and lets anyone review how the contract is built.^{[5], [6]}

Gold that settles like a token

Because PAXG is a token, it can move between wallets and platforms at any hour, even though the gold market itself keeps business hours. Paxos's dashboard guide notes that PAX Gold transactions and price quotes on its own platform follow usual London gold market hours.

The PAX Gold page also highlights zero on-chain transfer fees charged by Paxos, so moving PAXG costs only the network's own transaction fee. The result is gold that can be held in small amounts and settled the way crypto settles.^{[7], [2]}

Matching off-chain allocation to on-chain transfers

Allocation happens in Paxos's own systems, while transfers happen on public blockchains. Paxos describes allocation as automatic and continuous, but its public documentation does not detail how allocation keeps pace with on-chain transfers during very busy periods.

How that reconciliation works in practice is UNKNOWN from public sources and is not guessed at here. The monthly audits remain the published check on the gold itself.^{[4], [2]}

What this means when you hold or move PAXG

SwapRocket lists PAXG on Ethereum (ERC-20). Send it only to an Ethereum address from a wallet or service that supports ERC-20 tokens, keep a little ETH in the sending wallet for network fees, and confirm the contract address against Paxos's official list.

Redeeming PAXG for physical bars is handled by Paxos under its own account rules. A swap provider sets its own confirmation policy before releasing the destination coin. Keep the transaction ID until the order completes, and back up your wallet's recovery phrase.

Sources and evidence (8)

[1] Each PAXG token represents one fine troy ounce of London Good Delivery gold and is fully redeemable from Paxos one-to-one for physical gold. Paxos Docs — PAX Gold (PAXG) · verified 2026-09-24 Confirmed
[2] PAXG is backed by gold stored in LBMA vaults in London, audited monthly; Paxos is a trust company and custodian regulated by the OCC; Paxos highlights zero on-chain transfer fees. Paxos — Pax Gold · verified 2026-09-24 Confirmed
[3] The PAX Gold white paper introduces PAXG as a tokenized version of real, physical gold. Paxos — PAX Gold white paper · verified 2026-09-24 Confirmed
[4] Paxos automatically allocates all PAXG tokens to specific gold bars at all times, and holders can view bar serial number, weight and fineness. Paxos Support — PAXG allocation and gold bar details · verified 2026-09-24 Confirmed
[5] Paxos lists the PAXG Ethereum mainnet address 0x45804880De22913dAFE09f4980848ECE6EcbAf78 and a Solana token address. Paxos Docs — PAXG on main networks · verified 2026-09-24 Confirmed
[6] The PAXG contract is open source, and interaction happens through the proxy at 0x45804880De22913dAFE09f4980848ECE6EcbAf78. GitHub — paxosglobal/paxos-gold-contract · verified 2026-09-24 Confirmed
[7] PAX Gold transactions and price quotes on the Paxos platform are available during usual London gold market hours. Paxos Docs — PAXG dashboard guide · verified 2026-09-24 Confirmed
[8] Paxos publishes terms and conditions governing PAX Gold issuance, redemption and holding. Paxos — PAX Gold terms and conditions · verified 2026-09-24 Confirmed

Profile last reviewed 2026-09-24. Historical background only — not investment advice.

Fees and pricing

Zero added fees: SwapRocket does not add a platform fee, a minimum or a withdrawal charge — the rate you see is the rate you get. Blockchain network fees are shown in full before you confirm, and the final amount you receive is quoted up front.

SwapRocket does not add a separate fee or markup to the provider quote. SwapRocket may earn a commission from the liquidity provider when a completed swap is referred through our platform. Provider spreads and applicable network costs are reflected in the quoted amount.

Network fees are set by the blockchain, not by SwapRocket. No account, no subscription and no withdrawal charge. Live support is available 24/7.

PAXG swap FAQ

How do I swap PAX Gold (PAXG) instantly on SwapRocket?

Pick PAXG as the asset you want to receive, choose what you're paying with, paste your wallet address, and confirm. SwapRocket hands your order to the provider whose quote pays out the most at that moment, and most swaps complete in under 10 minutes — no SwapRocket account needed.

Can I swap PAXG with no KYC?

No SwapRocket account or identity documents are needed to start a crypto-to-crypto swap of PAXG. The provider that executes the swap may still request identity verification or hold a swap for review under its own AML and sanctions policy, regardless of amount. Selling to a bank account goes through a regulated payment partner that verifies the payer; card purchases on SwapRocket are coming soon.

Is swapping PAX Gold on SwapRocket non-custodial?

Yes. SwapRocket never holds your funds. The provider that executes the swap receives your deposit, holds it only for the duration of the swap, and sends PAXG to the wallet address you provide.

Which network does PAXG use here?

SwapRocket supports PAX Gold on the ERC20 network. Always double-check that your receiving wallet supports this network before confirming.

What fees apply when I swap PAXG?

SwapRocket adds no fee or markup to the provider's quote and may earn a commission from the provider on a completed swap. The provider's spread and any network cost it deducts on delivery are already reflected in the PAXG amount shown; the network fee your own wallet charges to send the deposit is separate. Spreads vary by provider, pair and size, so compare the quoted receive amount.

More on fees, limits, KYC and timing: read the full crypto swap FAQ.