Earn up to
7% p.a.
A comprehensive guide on how to earn PAX Gold (PAXG)
We have a wealth of data on earning PAX Gold (PAXG) and we're happy to share some of this with you.
We present some earning options with other coins that may pique your interest.
PAX Gold (PAXG) is currently priced at USD 7 with a 24-hour trading volume of USD 14.25M. The market cap of PAX Gold stands at USD 535.05M, with 199,956.7 PAXG in circulation. For those looking to buy or trade PAX Gold, Nexo offers avenues to do so securely and efficiently
Lending PAX Gold can be a great option for those who want to hold PAXG while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
To lend PAX Gold, you need to possess it. To acquire PAX Gold, you'll need to buy it. You can select from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Nexo | PAX Gold (PAXG) | 4,564.97 |
| PrimeXBT | PAX Gold (PAXG) | 4,565.6 |
| YouHodler | PAX Gold (PAXG) | 4,561.83 |
| Binance | PAX Gold (PAXG) | 4,565.85 |
| Coinbase | PAX Gold (PAXG) | 4,561.02 |
| Kraken | PAX Gold (PAXG) | 4,558.09 |
Once you have PAXG, you'll need to choose a PAX Gold lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Nexo | PAX Gold (PAXG) | Up to 7% p.a. |
| YouHodler | PAX Gold (PAXG) | Up to 12% p.a. |
| Gemini | PAX Gold (PAXG) | Up to 0.01% p.a. |
| Kucoin | PAX Gold (PAXG) | Up to 0.19% p.a. |
Once you've chosen a platform to earn your PAX Gold, transfer your PAX Gold into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your earning platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
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