Buy PAX Gold in Australia on CoinJar

Buy Paxos Gold (PAXG): Ever wished you could own a piece of a real gold bar? PAX Gold (PAXG) makes that possible. This is like a tiny slice of a gold bar, stored safely in a high-security vault.

Each PAX gold token you buy is equal to one ounce of real, physical gold. You don't get to take the gold home, but you own it – kind of like having a valuable item in a super safe deposit box.

Why buy Pax Gold?

Real gold

Unlike most cryptocurrencies, isn't just numbers on a screen. It's backed by actual gold, so its value is linked to the price of gold in the real world.

Easy to trade

You can buy and sell PAXG on cryptocurrency exchanges, just like Bitcoin or Ethereum. This makes it super convenient to invest in gold, even if you don't have a lot of money to start.

Fractional ownership

You don't have to buy a whole ounce of gold at once. PAXG lets you buy small fractions, making gold investing accessible to more people.

Secure

The gold backing PAXG is stored in highly secure vaults, so you don't have to worry about keeping it safe yourself.

Transparency

Paxos, the company behind PAXG, regularly checks and verifies the gold holdings.

How does it work?

Buy PAXG

You purchase PAXG tokens on a cryptocurrency exchange using regular money or other crypto.

Ownership recorded

Your ownership of the PAXG tokens – and the corresponding amount of gold – is recorded on a blockchain, a secure digital ledger.

Gold in the vault

The physical gold represented by PAXG is stored safely in vaults. You can even look up the serial numbers of the gold bars backing your tokens!

Trade or redeem

You can hold onto your PAXG, trade it for other crypto or regular money, or (if you own a large enough amount) redeem it for physical gold bars.

Should I buy Pax Gold?

If you're interested in gold as an investment but like the ease of using crypto, PAXG could be a good option. It's a way to combine the stability of gold with the flexibility of digital assets.

But remember, the price of gold can go up and down, and there's always the risk of the company behind it having issues. It's important to do your research and understand the risks before investing.

How to buy PAXG on CoinJar

If you don't have one already, download the CoinJar app or visit their website to sign up. You'll need to provide some personal information and verify your identity. Transfer Australian dollars (AUD) from your bank account into your CoinJar account. You can use various methods like bank transfer, PayID, or Osko.

Look for Pax Gold (PAXG) in the list of available cryptocurrencies. Decide how much PAXG you want to buy. You can enter the amount in AUD or PAXG. Double-check the details of your order, including the amount and the current price of PAXG. Click "Buy" or "Confirm" to complete the transaction.

The purchased PAXG will be added to your CoinJar wallet.