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First, you have to complete Advanced Verification on the Nexo platform which only takes a couple of minutes. Once you pass verification, then:
Your PAXG assets are kept in BitGo bank-grade cold storage and carry $375M in insurance protections. Our partners’ hardware and software guarantees allow for instant access to your funds and full independence from third-party providers.
PAX Gold combines the advantages of actual physical gold ownership with the speed and efficiency of digital assets. PAXG owners are able to have fractional ownership of gold bars and can quickly convert tokens into unallocated gold entitlements, physical allocated gold or fiat currency without paying any holding fees.
If you want to exchange your PAX Gold, you can swap instantly via the Nexo Exchange. Click here to find all the market pairs we currently support.
There are zero price fluctuations when you place an order, compared to other providers where the price might change by up to 5%. Your balances are updated immediately the moment your order is confirmed.
Here’s everything you can do with your Nexo account: