What are the fees associated with PAX Gold?
Buying PAXG tokens on SMART VALOR does not have any additional fees rather than the usual trading or brokerage fees. You find the fees schedule here:
Whenever PAXG tokens are sent via Ethereum, there are two kinds of fees that occur:
- Standard ‘gas’fee: Sending digital assets on Ethereum, requires computing power, or ‘gas.’ Just like any other Ethereum token, PAXG requires standard gas fees paid in ETH to compute the transaction.
- PAXG on-chain transaction fee: PAXG charges an additional fee. That fee is set to 0.02% of the amount of PAXG sent on the blockchain.
If the tokens are purchased on SMART VALOR and withdrawn from the exchange, we will automatically calculate and display the overall fee.
Are there any gold storage fees?
Neither SMART VALOR nor Paxos charge gold storage fees to its customers at this time.
Is there any minimum investment for PAXG?
There is currently no minimum investment.