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PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold.
We have a solution for you
If you ever feeling a little nervous when crypto is going crazy - it might be time to allocate some of your winnings to the XAU DCA Strategy (GOLD) - LOW FEE STRATEGY, allowing access to the #crypto #gold proxy $PAXG - 100% allocation - also perfect for dollar cost averaging (DCA) each month and when crypto markets are at max greed levels. (*)
* You will need to register on the ICONOMI platform before you are able to copy the strategy.
Note: XAU is an abbreviation for gold, and DCA is short for dollar cost averaging (an investment strategy where you regularly buy a fixed dollar amount of a specific investment, regardless of the price, with the goal of limiting the impact of price volatility over time)
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This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here
