Ezekiel Riva Ruhr, research analyst at IOL Inversiones.
(Global) In the event that geopolitical tensions and military conflicts continue to be in the news, as they have been in recent years, an investment alternative for hedging is to position yourself in gold, an asset that usually acts as a refuge from this type of event.
Along these lines, through IOL Investmentsyou can invest in cryptocurrency Paxos Gold (PAXG)For those unaware of this alternative, it is a digital token that represents one ounce of actual gold. It is an innovative cryptocurrency that could revolutionize the way we invest in gold, presenting itself as a safe and profitable alternative.
Each $PAXG token is backed by physical gold held in vaults, making it easy and safe to invest in this precious metal. In turn, PAXG’s gold holdings are audited monthly by independent auditors to ensure that they are consistent with the supply of tokens.
Why choose Pax Gold?
Pax Gold (PAXG) offers a number of advantages that make it an attractive option for those interested in investing in gold through a digital format. First, it is easy to buy and sell as you can manage it as you would any other cryptocurrency using platforms such as IOL Investments. This greatly simplifies the process of investing in gold.
Also, PAXG is divisible, which means you can buy shares of this cryptocurrency. This allows you to invest in gold without having to buy a full ounce, making investing more affordable and flexible depending on your budget.
Another important aspect of PAXG is its transparency. At any time, you can ensure that the gold backing your investment is indeed held in secure vaults, providing an extra level of trust and security.
In turn, both PAXG and its parent company, Paxos Trust, are regulated by the New York State Department of Financial Services (NYDFS), one of the most demanding jurisdictions in terms of financial regulation. This regulation makes PAXG a safe and secure option for investors who want to access the benefits of gold in a digital and secure way.
What is PAXG for?
Pax Gold solves a fundamental contradiction in the gold market, it is almost impossible to get physical gold that is also easy to trade, share, move and use, it is the most practical way
so anyone can get and trade gold. In short, Pax Gold is the easiest and safest way to invest in gold.
How to access PAXG in Argentina?
If you are looking for a safe and profitable investment, the user can do it through IOL crypto. Through this new platform block IOL Investments, PAXG and a wide range of cryptocurrencies are obtainable. There are no fees for opening and maintaining an IOL account. You just need to log into the IOL program, select the IOL crypto card, accept the terms and conditions to activate the account, and that’s it! You will be ready to buy or deposit cryptocurrencies.