Details about 0.5X Long PAX Gold Token cryptocurrency
0.5X Long PAX Gold Token
PAXGHALF
Unknown for now
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0.5X Long PAX Gold Token price charts
PAXGHALF exchanges
0.5X Long PAX Gold Token, the crypto
0.5X Long PAX Gold Token (PAXGHALF) is a crypto token designed to track the price of gold. It represents a 0.5x leveraged long position in PAX Gold (PAXG) and can be traded on various cryptocurrency exchanges.
The point
The main point of 0.5X Long PAX Gold Token (PAXGHALF) is to provide a way for investors to obtain exposure to the price of gold without having to buy physical gold or futures contracts. It also allows investors to take a leveraged position with a lower capital requirement compared to traditional leveraged trading of gold futures.
The problem
0.5X Long PAX Gold Token (PAXGHALF) tries to solve the problem of allowing investors to have exposure to gold prices without the need for physical gold ownership or commodity trading accounts. Additionally, it provides a way for investors to take leveraged positions in gold with a lower capital requirement than traditional leveraged trading of gold futures.
Compare PAXGHALF and BTC performance
Timeframe | PAXGHALF | BTC |
---|---|---|
1h change | 0 % | -0.753837 % |
24h change | 0 % | -4.58836 % |
7 day change | 0 % | 2.49257 % |
14 day change | 0 % | -10.0034 % |
30 day change | 0 % | -9.64041 % |
200 day change | 0 % | 124.834 % |
Year change | 0 % | 139.061 % |