Bitget Wallet, darling, has announced it will be supporting spot and futures trading of Pax Gold. Yes, Pax Gold, a tokenized version of that rather vulgar physical commodity. Rising global demand, you know. Everyone’s simply dying for it. 🙄
1 basis. Each token represents one ounce of physical gold stored in a vault, allowing users to gain exposure to gold through tokenization. Because, you know, actually holding gold is just
so
passé. 💎
Recent data from TradingEconomics shows the price of gold surpassed $3,200 this month amid heightened geopolitical tensions. As of April 15, gold rose by 0.3%, or 9.5 points, reaching $3,222. Over the past month, physical gold has gained approximately 7.3%. One must say, these numbers are simply darling. 💅
Often viewed as a hedge fund for investors, physical gold is not the only commodity on demand; digital gold has also emerged as a practical safe-haven for on-chain users. At press time, PAXG has gone down by 0.1% in the past 24 hours. It is currently trading hands at $3,239. In the past week, PAXG has gone up by more than 7%. Such volatility! It’s almost… thrilling! 😈
PAXG’s market cap currently stands at more than $738 million, with a 24-hour trading volume of nearly $60 million. One can only imagine the champagne wishes and caviar dreams fueling such numbers. 🥂
As part of the launch, Bitget Wallet has introduced a limited-time trading campaign with a prize pool valued at $9,000 that users can participate in to earn rewards. Starting from April 12 until April 20, users will be able to earn rewards by trading PAXG through Bitget Wallet’s swap feature or futures trading interface powered by tatadex. Oh, the things one can buy with $9,000! (Probably more Pax Gold. 🤷♀️)
COO of Bitget Wallet, Alvin Kan, stated that tokenized gold further bridges the gap between traditional finance and Web3 spaces. As more real-world assets become available for tokenization, he believes that “gold should be effortless.” Well, darling, one hopes so. Effort is so dreadfully exhausting. 😴
“As traditional finance and Web3 converge, we believe digital access to real-world assets like gold should be effortless,” said Kan in his statement. Because, you know, everything should be effortless. Especially making money. 😉
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2025-04-15 16:10