PAX Gold (PAXG) is a cryptocurrency token backed by physical gold stored in Brink's vaults, providing investors an accessible and stable way to gain exposure to gold. PAXG, built on Ethereum, ensures transparency and secure transactions through smart contracts. It can be traded on various exchanges like any other cryptocurrency. As a regulated financial institution, Paxos provides reassurance regarding the legitimacy of PAXG, attracting investors looking to diversify and hedge against market volatility with gold, a safe haven asset.
The Indian Rupee (INR) is the official currency of India, issued by the Reserve Bank of India (RBI). As one of the fastest-growing economies, India's currency is essential for trade and remittances. While crypto trading in INR is regulated, stablecoins pegged to the rupee are emerging, offering digital asset users a way to transact with INR in the blockchain ecosystem.
The PAXG to INR conversion rate is the amount of INR you can receive for each unit of PAXG.
Based on the current rate, you could buy 0.000002607 PAXG for 1 INR.
The price of PAXG decreased by 2.16% in the last 7 days.
The circulating supply of PAXG is 441,931.
PAXG's all-time high is 516,779.00 INR.