PAX Gold PAXG to VestChain VEST Exchange

Crypto Pair Details: PAXG to VEST

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.

VestChain VEST

VestChain is the unique blockchain platform that has full capacity to tackle the problems inherent to the existing blockchains, i.e that of expandability and time needed for confirmation. VestChain presents a decentralized accessible blockchain and cryptocurrency infrastructure; it is absolutely open source content management system. VestChain is promoting a smart contract platform, the main goal of which is to provide the most progressive properties no other platform is able to offer right now. The main feature of it is that it is the only one developed out of a scientific doctrine and a methodology putting research at the first place. A huge international team of highly-qualified engineers and scientists makes the core of the VestChain development process.

SOURCE: COINGECKO

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