PAX Gold PAXG to DDKoin DDK Exchange

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Crypto Pair Details: PAXG to DDK

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.



DDKoin DDK

DDK is a community platform that aims to create economic opportunities through the development of blockchain solutions. Since 2015, the DDK community claims to have contributed to a number of blockchain platforms.The DDK platform uses the Delegated Proof of Stake (DPoS) mechanism within its core. According to DDK, one of the advantages of a DPoS blockchain is that it depends on community members to participate in the maintenance and security of the platform so that each member’s participation provides benefit for all.

SOURCE: COINGECKO



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