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Prices shown are indicative and subject to change based on market liquidity and execution timing. Fees are not included in the displayed pricing.

What is PAXG (PAX Gold)?

PAX Gold (PAXG) is a regulated, gold-backed digital asset where each token represents exactly one fine troy ounce of a 400oz London Good Delivery gold bar — the global standard for institutional gold trading. Issued by Paxos Trust Company, regulated by the New York State Department of Financial Services (NYDFS), PAXG combines the timeless store-of-value properties of physical gold with the speed, accessibility, and programmability of blockchain technology. The physical gold backing every PAXG token is custodied in LBMA-accredited vaults managed by Brink's in London, with monthly third-party audits confirming reserves match circulating supply. Unlike gold ETFs which only trade during market hours, PAXG can be bought, sold, and transferred 24 hours a day with near-instant settlement and zero storage fees. In 2026, with spot gold surging past AUD $7,500 per ounce amid record institutional demand and global uncertainty, PAXG has become one of the most compelling ways for Australian investors to gain direct, audited, and redeemable gold exposure through the crypto ecosystem — without the storage, insurance, and transaction costs of physical gold. Uptrade is Australia's trusted PAX Gold broker — making it simple, secure, and fast for investors across Australia.

How to get started

We’ve simplified the process so you can start trading faster.

Step 1

Create your account

Complete your account application online in a matter of minutes.

We’ll handle the rest.

Step 2

Book your virtual discussion

Discuss digital assets you may trade , your risk appetite, and your investment support needs with your dedicated crypto broker. *

We’ll also answer any specific questions you might have to ensure you get the most out of our services.*

Step 3

Start trading

Access 500+ digital assets and 24/7 service and support from your dedicated crypto broker.

Each and every trade follows strict broker-to-trader approvals.

Step 4

Grow your portfolio

Keep your investment on track with monthly performance portfolio reports, in-depth market analysis and research, and investment guidance.

PAXG FAQs

How do I buy PAXG in Australia?
PAXG is available on platforms accessible to Australian investors including Coinbase, Kraken, and Binance, with over a billion dollars in daily trading volume making it one of the most liquid tokenised gold products in the world. Australians can purchase PAXG via AUD deposits on exchanges like Swyftx or CoinSpot. Many Australian investors prefer buying PAXG through a dedicated crypto broker like UpTrade — where you get personalised guidance on how gold fits within your broader digital asset and traditional investment portfolio, including SMSF considerations.
Is PAXG a good investment in Australia in 2026?
PAXG tracks the gold market directly — its price moves with gold, not with crypto sentiment. With spot gold hitting multiple all-time highs in 2026 driven by central bank accumulation, falling real interest rates, and geopolitical uncertainty, PAXG holders have benefited directly from one of gold's strongest rallies in history. For Australian investors who want gold exposure with blockchain-native flexibility — no storage fees, 24/7 trading, and instant AUD conversion — PAXG is the most regulated and transparent option available. It is also increasingly popular among Australian SMSF trustees as a compliant digital gold holding.
What makes PAX Gold different from buying physical gold or a gold ETF in Australia?
Physical gold in Australia requires storage, insurance, and logistical costs. Australian gold ETFs only trade during ASX hours and involve fund manager exposure. PAXG trades 24/7, settles near-instantly, and charges zero storage fees — and is redeemable for a physical LBMA gold bar if you hold at least 430 PAXG. Unlike unregulated gold tokens, PAXG is issued by a NYDFS-regulated trust company with monthly independent audits, making it the most transparent gold ownership product available to Australian investors today.
Is it legal and safe to buy PAXG in Australia?
es — buying PAXG is fully legal in Australia and it is available on AUSTRAC-compliant platforms accessible to Australian residents. The ATO treats PAXG as a crypto asset subject to CGT — any gains when selling or exchanging PAXG are reportable taxable events. Australian investors should also note that because PAXG is priced in USD, AUD/USD exchange rate movements may affect your ATO cost base calculations. A crypto-savvy accountant is recommended. Buy through UpTrade for a fully guided, compliant experience.
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