PAX Gold PAXG to COTI COTI Exchange

Crypto Pair Details: PAXG to COTI

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.

COTI COTI

COTI is the first enterprise-grade digital fintech platform, which eliminates all intermediaries and empowers any organization to build their own private payment solution and digitize any currency using our proprietary Trustchain protocol. COTI provides functionality as robust as Paypal and Alipay, while allowing enterprises to create their own unique rules and finally own their payment system to save time, data and money. COTI’s platform enables companies to effortlessly create advanced fintech products — ranging from payment networks and stable coins to loyalty programs, remittance services and more.

SOURCE: COINGECKO

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