PAX Gold (PAX) Yield Account: Earn % on Crypto

YouHodler’s list of options to choose from for crypto Yield accounts continues to grow. These low risk, high yield  accounts help users earn % in crypto up to 3.04% per year. PAX Gold  (PAXG) is quickly becoming a popular choice for those that want to bridge the gold and crypto markets.  Here are some additional facts on PAXG and also learn how to easily accumulate crypto % on YouHodler.

What Is PAX Gold and how to earn PAXG %

PAX Gold, release by the Paxos Trust Company in 2019 is the first crypto-asset backed by and redeemable for real gold. Paxos is a fully regulated financial institution that has approval by the New York State Department of Financial Services (NYDFS). Hence, PAXG is the very frist regulated digital gold token. Paxos has past experience dealing with asset-backed tokens as the Paxos Standard (PAX) is allegedly the most liquid regulated dollar-backed stablecoin. 

Pros and cons of PAXG

PAXG has a wide variety of advantages backed by its reputable company. However, it’s always important to do your due diligence before buying any asset. So here are a few pros and cons to get you started.

Pros: 

• The power to own and trade real London Good Delivery gold bars
• Fully regulated
• Quick and easy access to the gold market
• Low minimum investment (0.01 PAXG)
• Free gold storage in the worlds’ most secure vaults
• No need to own a full bar. Fractional ownership available (divisible to 18 decimal places).
  

Cons:

• While more stable than cryptocurrency, the value of gold can in fact fluctuate wildly.
• Increased demand for gold means more mining which is potentially bad for the environment. 

PAXG staking: Why earn % on crypto with YouHodler

YouHodler provides a variety of ways to profit from digital assets and with crypto Yield accounts, users can unlock high yield, low-risk investment tools. Here are a few reasons to earn % in crypto with YouHodler:

• Earn gold up to 3.04% High-yield Yield accounts: Earn 3.04% % per year on YouHodler. This is exceptionally higher than any “high-yield” traditional bank  accounts and other investments. YouHodler offers its clients unlimited flexibility, allowing users to easily deposit and withdraw funds anytime, anywhere.
  

• Guaranteed asset security: All crypto funds on YouHodler are secured with industry-best practices when it comes to storage. Funds are never stored 100% in hot wallets. Instead, we use a mixture of hot and cold wallet storage to ensure maximum protection of users’ funds. Read more details about YouHodler trust and security features here.
  

• Crypto % paid out weekly without any fees: At the end of each weekly settlement period, the whole earn amount of crypto % is deposited into the users’  account deposit. Users can choose to release it from the Yield account and withdraw or keep the funds in the account to earn more crypto % in the next settlement period.

Explore other ways to earn % on crypto with YouHodler

PAXG is just one option to earn % in crypto with YouHodler. Visit our Earn % page to see the wide variety of stablecoin, and cryptocurrency coins to choose from. Earn % in Bitcoin, Binance Coin and much more. Earn crypto with a Yield account and discover a more productive way to HODL.

Paxos Gold Yield  wallet App that pays %

YouHodler wallet app is the only application where you can store your Paxos Gold (PAXG) just like you would in a regular wallet but in addition, earn % on that PAXG wallet balance every week.

How does PAXG % work

You can earn % on PAXG just like you would with a traditional bank  account but with one key difference. Instead of near to zero % rates at banks, we offer you 3.04%  on PAX Gold.

How to Earn Free PAXG

It’s easy! Just deposit PAXG to your YouHodler wallet and you’ll earn free PAXG every week.

How to Get Free PAXG

% payments occur every seven days. So you’ll get your free PAXG a week after your first deposit. 

Cumulative % PAXG

Yes, you have cumulative % if you HODL PAXG in the wallet.  We calculate compound % rates every week.

PAXG  Calculator

Just use our PAXG Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.