Cryptocurrency Q&A
Is paxg on ethereum?
Is paxg on ethereum?
KimonoElegantGlitter
Thu Oct 17 2024
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7 answers
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PAXG is a gold-backed stablecoin that runs on the Ethereum blockchain. It allows users to trade and hold gold in a digital format, with each PAXG representing one troy ounce of gold stored in a professional vault facility in London.
7 answers
Tommaso
Sat Oct 19 2024
This digital asset embraces the ERC-20 standard, a widely recognized and adopted framework for tokens built on the Ethereum blockchain.
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DigitalTreasureHunter
Sat Oct 19 2024
By adhering to ERC-20, pax gold ensures compatibility with a vast array of wallets, exchanges, and decentralized applications (dApps) that support this standard.
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mia_anderson_painter
Sat Oct 19 2024
This interoperability grants Pax Gold users unparalleled flexibility and ease of use, allowing them to seamlessly integrate the asset into their existing digital asset portfolios.
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Maria
Sat Oct 19 2024
As a result, pax gold represents a secure and efficient means of storing and transferring the value of physical gold in a decentralized and borderless manner.
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MysticGalaxy
Sat Oct 19 2024
Pax Gold, an innovative financial instrument, has been crafted specifically to operate within the Ethereum ecosystem.
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