PAXG / IDR
•PAX Gold
Quote
Sell Price
Rp85.381.304
Buy Price
Rp85.895.303
Reku users are
Key Stats
Reku’s Takeaway
Pax Gold (PAXG) is a blockchain-based cryptocurrency backed by physical gold, with each token representing one troy ounce of gold securely stored in regulated vaults. Created by Paxos, the project aims to make gold ownership more accessible, transparent, and globally efficient. Built on Ethereum, PAXG is compatible with various wallets and DeFi protocols, enabling its use as collateral, a store of value, and an investment tool. Regulated by the New York State Department of Financial Services and supported by regular third-party audits, PAXG offers a trusted hedge against inflation. While its visibility among retail users is still growing, PAXG stands as a strong example of real-world asset tokenization.
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PAXG is a crypto token issued by Paxos. Each PAXG represents 1 troy ounce of pure physical gold stored securely in an authorized vault. So, it's like owning real gold in digital form on the Ethereum blockchain, easily bought, sold, or transferred.
PAXG has several advantages over regular physical gold. This token offers very high liquidity, allowing you to sell it at any time. You also don't need to worry about physical storage or security of the gold bullion, as it's securely stored in an official vault. Furthermore, PAXG is easy to use across various crypto wallets and the DeFi ecosystem. Its price follows global gold prices in real time, so the value of your investment always reflects the latest global gold price.
1. Log in to your Reku account.
2. Go to the PAXG/IDR page.
3. Enter the IDR amount you want to spend or the desired PAXG amount.
4. Confirm and the transaction will be executed immediately.
You can buy PAXG on Reku with just Rp5,000 capital.
Buying PAXG on Reku allows you to buy with minimal capital and with low transaction fees. Lightning mode has a 0% transaction fee. Check out more information about crypto trading fees on Reku.
PAXG is a highly secure and trusted crypto. This token is backed 1:1 by pure physical gold stored in verified and secure vaults. Its gold reserves are regularly audited by an independent party to ensure transparency and a match between the number of tokens in circulation and the physical gold on hand. Reku is an official crypto app in Indonesia, supervised by BAPPEBTI, ensuring PAXG transactions on Reku are also conducted in a secure environment.
PAXG is often used as a hedging tool or stable investment to protect assets from inflation and high crypto market volatility. Because it directly tracks global gold prices, PAXG functions as a store of value similar to traditional physical gold, but with greater convenience and ease of digital access. Many investors also use it as collateral in various DeFi (Decentralized Finance) protocols to earn yield or borrow against other assets without having to sell their gold. Furthermore, PAXG is a popular choice for portfolio diversification, as it provides exposure to gold, a safe-haven asset that tends to move inversely to riskier assets like stocks or other volatile cryptocurrencies.