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Binance PAXG Quiz Answers - Learn & Earn!

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All KYC-verified users can begin to read the articles and watch the video(s) anytime from now, and complete quizzes from 2022-07-21 07:00 (UTC) while token supplies last! Eligible users will stand a chance to receive a predetermined amount of PAXG, SKL, STPT, or tokens from other projects, depending on the course or quiz they complete. Do note that each course can only be completed once, and every user qualifies for a maximum of one reward per completed course. 

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Binance Learn and Earn!

PAXG  Learn & Earn Quiz Answers Binance!

Q : The value of a PAXG token is equal to:

A: 1 troy oz. of physical gold

Q: How do I know PAXG is fully backed by physical gold?

A: An independent auditing firm performs monthly checks on Paxos’ gold reserves.

Q : PAXG storage fees are

A : 0.00%

Q: When you own PAXG, you own physical gold. True or false?

A: True

Q : Paxos holds all customer assets, including PAXG, safely separate from any corporate funds and the company balance sheet. True or False?

A :True

Q: PAXG is regulated and approved by ____

A: New York State Department of Financial Services

Q : How can a PAXG holder look up their vaulted physical gold's serial number and physical characteristics?

A : Enter their Ethereum wallet address on the PAXG lookup tool.

Q: Where are PAXG’s physical gold reserves stored?

A: London Bank Vaults

Q : Which gold tokens can be redeemed for physical gold?

A : PAX Gold (PAXG)

Q : PAXG is built as an ____

A : ERC-20 token on the Ethereum blockchain

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