Buy PAX Gold in Australia (PAXG)
How to buy PAX Gold in Australia
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1. Create account
Securely create your personal, SMSF or business account and verify your identity.
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2. Deposit funds
You can instantly deposit funds 24/7 via bank transfer, PayPal, debit or credit card.
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3. Buy PAX Gold (PAXG)
Enter the Australian dollar amount you want to trade for PAXG and click “Buy”.
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Buy and sell crypto
You can buy and sell PAX Gold. Trade using the website or mobile app.
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Track your portfolio in real-time using the web portal or on your mobile app.
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Dollar-cost averaging
Automate your crypto investments with strategies that allow you to dollar-cost average (DCA).
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Multi-currency trading
Buy and sell PAX Gold and other popular cryptocurrencies with AUD, NZD, or USD.
Buy PAX Gold and manage your portfolio on the go
Buy and sell PAX Gold (PAXG) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.
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What is PAX Gold (PAXG)?
Pax Gold (PAXG) is a gold-backed cryptocurrency issued by Paxos. Each token represents one fine troy ounce of a London Good Delivery gold bar, held in professional vaults in London. Because it's tied to physical gold, PAXG moves with the real-time gold price.
Paxos launched PAXG in September 2019. It runs on Ethereum, so it can be traded, transferred and held like any other digital asset, but without the cost of storing or shipping bullion. People use PAXG to hold gold with the flexibility of crypto, buy fractional amounts, and redeem tokens for physical gold. The gold backing is audited regularly.
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Why buy PAX Gold using Independent Reserve?
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