Binance PAXG Quiz Answers
Posted: Wed Oct 19, 2022 8:18 am
Q1. The value of a PAXG token is equal to:
Answer: 1 troy oz. of physical gold
Q2. How do I know PAXG is fully backed by physical gold?
Answer: An independent auditing firm performs monthly checks on Paxos’ gold reserves.
Q3. PAXG storage fees are
Answer: 0.00%
Q4. When you own PAXG, you own physical gold. True or false?
Answer: True
Q5: Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False?
Answer: True
Answer: 1 troy oz. of physical gold
Q2. How do I know PAXG is fully backed by physical gold?
Answer: An independent auditing firm performs monthly checks on Paxos’ gold reserves.
Q3. PAXG storage fees are
Answer: 0.00%
Q4. When you own PAXG, you own physical gold. True or false?
Answer: True
Q5: Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False?
Answer: True