Lendingblock LND to PAX Gold PAXG Exchange

Crypto Pair Details: LND to PAXG

Lendingblock LND

Lendingblock is a platform that facilitates peer-to-peer borrowing and lending of cryptocurrencies and digital assets. The first crypto-to-crypto based platform, we are revolutionsing the cryptomarket by bringing securities lending and institutional grade capabilities to the cryptoeconomy. Having already met its private sale investment targets and founded by a team of experts from the fintech, and traditional trading space, crypto-enthusiasts and blockchain experts, Lendingblock is a critical innovation for the future of the financial landscape.

PAX Gold PAXG

PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.

SOURCE: COINGECKO

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