$PAXG
🪙 What PAXG is & How It Functions
PAXG tokens are fully backed by physical gold held in secure vaults, with each token representing ownership of a real gold ounce — offering a stable, inflation-hedge asset inside the crypto ecosystem.
It can be traded on Binance and other exchanges in pairs like PAXG/USDT and sometimes seen in wider Binance Square explanations contrasting tokenized gold to traditional safe havens.
📌 Key Points for Traders / Investors
✅ Market cap growth — strong liquidity and institution/retail interest in tokenized gold.
✅ Exchange support varies by region — e.g., delistings under EU MiCA, but still tradable in many other markets.
✅ Derivative trading — Binance Futures previously listed PAXG perpetual contracts with leverage.
⚠️ Price dynamics — as a gold-pegged asset, PAXG’s price closely follows gold but can diverge on specific exchanges due to liquidity or order-book depth; some traders have noticed such discrepancies historically (unofficial community discussions).#PAXGUSDT #PAXG