What Is PAX Gold (PAXG)? How to Buy Tokenized Gold With Cash at Bitstop ATMs
PAX Gold (PAXG) is a digital asset backed 1:1 by investment-grade physical gold. Each PAXG token represents one fine troy ounce of London Good Delivery gold stored in LBMA-accredited vaults in London. PAXG combines the benefits of physical gold ownership with the speed, security, and flexibility of blockchain technology.
Unlike traditional gold ETFs or futures, owning PAXG means holding a digital token directly tied to physical gold, giving users both the stability of a centuries-old asset and the utility of modern crypto.
Why People Choose PAXG
- Fully backed by physical gold (London Good Delivery gold)
- Redeemable for gold or cash through approved partners
- Built on Ethereum (ERC-20 standard), making it widely compatible with wallets and DeFi platforms
- Audited regularly to ensure full reserve backing and regulatory transparency
- Low storage costs compared to physical gold ownership
Whether you’re hedging against inflation, diversifying your crypto portfolio, or just want gold exposure without the hassle, PAXG offers a trusted solution.
How to Buy PAXG With Cash at Bitstop ATMs
- Find a Bitstop ATM
Use our ATM Locator to find a participating machine near you. - Tap “Buy” and Select PAXG
Choose PAXG from the list of available cryptocurrencies. - Verify Your Identity
If purchasing over regulatory thresholds, scan your government-issued ID. - Scan Your Wallet
Open your preferred ERC-20 compatible wallet (like Exodus) and scan the QR code. - Insert Cash
Insert your desired amount. The screen will show the exchange rate and the amount of PAXG you’ll receive. - Confirm and Send
Once approved, your PAXG is sent directly to your wallet. Done in minutes.
Why Cash-to-PAXG Access Matters
Not everyone has access to investment accounts, banking apps, or gold brokers. Bitstop bridges that gap, offering everyday investors access to tokenized gold in the form of PAXG.
Now you can turn your cash into gold-backed crypto at thousands of Bitstop ATMs across the U.S.
- No brokerage account needed
- No complex setup
- No waiting period
Just scan your wallet, insert cash, and own tokenized gold in minutes.
Store PAXG Securely
We recommend using a non-custodial wallet like Exodus, which gives you full control of your tokenized gold. Since PAXG lives on Ethereum, make sure your wallet supports ERC-20 tokens.
With PAXG in your wallet, you can:
- Hold it as a long-term hedge
- Transfer it globally, 24/7
- Use it in DeFi platforms to earn yield
Your gold, your terms, powered by blockchain.
PAXG vs Physical Gold
| Feature | PAX Gold (PAXG) | Physical Gold |
| Backing | 1 oz of physical gold | Gold bar or coin |
| Storage | Digitally stored, low cost | Physical vault or safe |
| Transferability | Global, 24/7 | In-person, limited |
| Divisibility | Highly divisible | Limited |
| Purchase Method | With cash at Bitstop ATMs | Broker, exchange, jewelry |
Buy Gold, Without the Middlemen
Gold has always been a store of value. Now, with PAXG and Bitstop, you can access it instantly, without the banks, brokers, or paperwork.
Explore the future of gold ownership today. Visit a Bitstop ATM near you and discover how easy it is to buy PAXG with cash.
Ready to Buy PAXG With Cash?
Want to know the hours of your closest Bitstop? Visit our Bitcoin ATM locator to browse by zip code, city, or simply use the map to find the nearest machine. You’ll see hours of operation, directions, supported transaction types, and you can even filter by coin to find the exact crypto you’re looking to buy.
Download the Bitstop App
Make your PAX Gold (PAXG) experience even smoother:
- Track your transactions in real time
- Find nearby crypto ATMs using one of the most trusted and comprehensive maps in crypto
- Access your account with ease
- Get notified about deals, offers, and price changes
Before you go, use the app to verify ATM hours and limits so you are ready to complete your transactions without delays. At Bitstop, we don’t just make it easy to buy Bitcoin and crypto. We reward you for it. Through our in-app Rewards Center, you can:
- Earn coupons for future transactions
- Unlock badges as you hit new milestones
- Complete challenges for exclusive perks
Whether you’re new to crypto or a seasoned buyer, the Bitstop App helps you stay informed, connected, and rewarded every step of the way.
Related Posts