Newton makes it fast and easy to buy, sell and hold 65+ cryptocurrencies in Canada.
Pax Gold (PAXG) is an ERC-20 token that is backed 1:1 with an ounce of gold held by the Paxos Trust Company. PAXG tokens can be exchanged for their equivalent in gold, and are designed to be a faster and more efficient way of trading the physical asset.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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