Where and how to buy PAX Gold in Bahamas
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a PAX Gold order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor PAX Gold in your Bitget spot account
Alternative methods to obtain PAX Gold in Bahamas
Convert crypto to PAX Gold with Bitget Convert
Swap on-chain assets to PAX Gold with Bitget Swap
Methods to obtain PAX Gold for free
Buy other cryptos
Buy PAX Gold in a different country
How to buy PAX Gold in other countries?
What can you do with PAX Gold?
Store/Hold PAX Gold
Many users hold on to their PAX Gold with the expectation of it increasing in value. You can store your PAXG safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade PAX Gold
You can trade PAX Gold for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for PAX Gold trading to meet your needs.
Send PAX Gold
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy PAX Gold online and send to anyone and anywhere with their PAX Gold address.
Spend PAX Gold
You can also buy goods and services with your PAX Gold. More and more vendors and retailers accept PAX Gold every day.
Donate PAX Gold
Bitget Charity accepts PAX Gold donations for global projects that aim to improve the lives of people in the bottom billion. You can donate PAX Gold so no one misses out on the growth made possible by blockchain.
Learn More About PAX Gold
You can read more in-depth articles on PAX Gold from Bitget Research and study how cryptocurrencies like PAX Gold work on Bitget Academy
Market stats to assist in determining optimal times for purchasing PAX Gold
What Is PAX Gold (PAXG)?
PAX Gold is a token issued by Paxos as the ownership certificate of one fine troy ounce (t oz) of a London Good Delivery (LGD) gold bar. As LGD bars usually have variable weights, Paxos specifically states that their gold holdings are selected with care so that each bar weighs 400 oz.
How PAX Gold (PAXG) Works
PAXG can be considered a stablecoin, whose value is pegged to the physical asset of gold rather than fiat currencies. Therefore it is Paxos’ responsibility to make sure that the supply of PAXG equals the amount of gold in custody. However, PAXG is ‘highly accessible’, highly divisible and much more liquid than an actual gold bar. Institutional owners can also exchange PAXG for the US-Dollar at current gold prices.
How Many PAX Gold (PAXG) Tokens Are In Circulation?
PAXG has a current circulating supply of 304,603 tokens (as of October 13, 2022) according to data by Messari. This number represents the number of PAXG tokens ready to be exchanged immediately, that is, there can be other PAXG held by investors as well. PAXG has no hard cap because new tokens can be minted as long as Paxos accumulates enough physical LGD bars to back the new ones.
How to Buy PAX Gold (PAXG)
Consider investing in PAX Gold (PAXG)? It only takes 2 minutes to create an account on Bitget and start trading PAXG.
Check out the available PAXG trading pairs on Bitget!
Spot market
PAXG on Bitget MegaSwap (ERC-20 BEP-20)
Related Pages
Buy PAX Gold in Bahamas with Bitget
How to safely store your PAX Gold
- Sign up and transfer PAXG to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your PAXG.
How to withdraw PAX Gold with Bitget's hassle-free withdrawal process
The Commonwealth of The Bahamas is an island country lying between the US state of Florida to the north and Cuba to the south. The country covers an area of 13,878 km2 where approximately 400,516 people live. English is the official language, and both Bahamian dollar (BSD) and United States dollar (USD) are accepted as the currency of the country.
Bahamas has a relatively low and flat topography; the highest point of the country is Mount Alvernia that lies at 64 m above sea level. Also, the culture is an exquisite mix of African, Caribbean, British, and American, which makes Bahamas a unmissable spot for the wanderlust. If you prefer nature, there are Atlantis Paradise Island, Exuma Cays Land and Sea Park, and Harbour Island waiting for you. And if you are more of a culture explorer, the capital Nassau, National Art Gallery of the Bahamas, and Fort Fincastle cannot be overlooked.
No matter where you are in the country, you can use both USD and BSD to purchase PAX Gold(PAXG) in just a matter of minutes with Bitget. You can choose among a series of secure payment options such as P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services, to trade cryptos on Bitget.
PAXG to local currency
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