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A digital token, backed by physical Silver
PAXS offers investors a cost-effective way to own investment-grade physical silver with all the benefits of the blockchain. Each Pax Silver (PAXS) token is backed by one fine troy ounce of Silver, stored in LBMA vaults in London. If you own PAXS, you own the underlying physical Silver,
ResidentCost-efficiential Services
IPaxos offers PAXG at a lower cost structure than that of other gold tokens, gold ETFs and LBMA 400 t oz bars, with a low minimum purchase amount and zero storage
Secure and regulated
The allocated gold that backs PAXG is custodied in LBMA vaults and audited monthly. Paxos is a trust company and custodian regulated by the New York State Department of Financial Services.
No settlement risk
Purchasing PAXG is free from settlement and credit risk, with near instantaneous settlement in addition to T+2 (versus only T+2 for Gold ETFs and LBMA bars).
PAXS is available for trading on major exchange
