Understanding PAXG
What is Pax Gold?
PAXG is a digital asset backed 1:1 by real physical gold held in London vaults. It offers investors an easy way to gain exposure to gold without having to deal with storage or transport. Issued by the regulated firm Paxos, PAXG combines the trust of traditional assets with the flexibility of blockchain technology, perfect for those seeking a more stable, on-chain store of value.
In Australia
How to buy Pax Gold in Australia
- 1
Create your Wayex account
Sign up in minutes on iOS, Android or the web.
- 2
Verify your identity
Australian residents aged 18 and over verify once, in-app.
- 3
Deposit AUD with PayID or NPP
Fund your account instantly, with no deposit fee.
- 4
Buy Pax Gold (PAXG)
Buy PAXG at live AUD market prices, then hold it or spend it with the Wayex Card.
Pax Gold FAQs
- Can I buy Pax Gold in Australia?
- Yes. You can buy Pax Gold (PAXG) in Australian dollars with the Wayex app. Wayex is an Australian, AUSTRAC-registered platform that has operated since 2018.
- How do I pay for Pax Gold?
- Fund your Wayex account in AUD with PayID or NPP, both free, then buy PAXG instantly. There is no surcharge on AUD deposits.
- What fees does Wayex charge to buy Pax Gold?
- Wayex charges 1% on any crypto buy, sell or spend. AUD deposits and withdrawals via PayID or NPP are free, and there is no annual account fee.
- Can I spend Pax Gold with the Wayex Card?
- Yes. Once you hold PAXG in the Wayex app you can spend from your balance with the Wayex Crypto Visa Card anywhere Visa is accepted, online or in store.
Explore more
Other coins on Wayex.
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Access a World of Crypto.You’re Closer Than You Think!
- 01
Download the app
Available on iOS and Android. Sign up in minutes with your email.
- 02
Get verified, instantly.
Fast KYC with your Australian ID. Most accounts verify in minutes.
Learn how - 03
Buy, Sell and Spend!
Trade AUD into 90+ crypto assets, and spend anywhere Visa is accepted.