YIBI is online PAXG（PAX Gold）

Dear users,

YIBI has launched PAXG（PAX Gold） ，on June 27, 2022 at 16:30 (Hong Kong time), and opened PAXG/USDT. We sincerely invite you to experience!

Introduction of the currency

PAXG

“PAX Gold (PAXG) is a crypto asset and each token represents one troy ounce of 400 ounce standard delivery gold bars held in Brink’s professional vaults. All holders of PAX Gold enjoy the right to a share in the Paxos Trust Company Direct ownership of the corresponding gold under escrow. Therefore, the value of PAX Gold tracks the real-time market price of gold.

PAX Gold (PAXG) is a digital asset issued by Paxos. It is a gold-backed digital currency issued based on the Ethereum ERC-20 protocol. Paxos has a background in multiple asset-backed token issuances or providing regulatory services — such as stablecoins Paxos Standard (PAX) and HUSD, Paxos is responsible for the custody, issuance and other related matters of PAXG. PAX Gold is a gold-backed token regulated by the New York State Department of Financial Services (NYSDFS). It is also the government agency that oversees Paxos.

Not only do PAX Gold customers own the physical gold pegged behind them, but they also enjoy the speed and liquidity of digital assets. Customers can own some of the top quality physical gold. On Paxos’ official website, customers can quickly and efficiently exchange their tokens for registered gold, unregistered gold, or fiat (and vice versa), reducing delivery risk. “

More details:

Website：https://paxos.com/

White Paper：https://paxos.com/wp-content/uploads/2019/09/PAX-Gold-Whitepaper.pdf

Smart Contract Address：0x45804880de22913dafe09f4980848ece6ecbaf78（erc）

Note: Please do not transfer coins to smart contract address, it cannot be retrieved.

Risk tip: Digital currency is a high-risk way of investment, please be careful to buy, and pay attention to investment risks. YIBI selects premium currencies, but is not liable for guarantees, compensation, etc.

YIBI Exchange team

2022/6/27