# PAX Gold to Bitcoin (PAXG to BTC) — no-KYC swap on GhostSwap

> Send PAX Gold (PAXG, an ERC-20 token on Ethereum) and receive Bitcoin (BTC) in your own wallet, with no account and no KYC. It is a cross-chain swap from Ethereum to Bitcoin, with no bridge and no wrapped tokens. Most PAXG to BTC swaps finish in 10–25 minutes.

Swap page: https://ghostswap.io/exchange/paxg-btc/
Updated: 2026-10-02

## At a glance

| | |
|---|---|
| You send | PAX Gold (PAXG), ERC-20 token on Ethereum |
| You receive | Bitcoin (BTC) |
| Your BTC address | Bitcoin address that starts with bc1, 3 or 1. Wallets: Sparrow, Electrum or a hardware wallet |
| Deposit network fee | Paid in ETH, so keep a little ETH next to your PAXG |
| Deposit confirmation | About 2–5 minutes on Ethereum |
| BTC payout | Sent to your address as soon as the swap completes; Bitcoin confirms it in 10–30 minutes (1–3 confirmations) |
| Typical swap time | 10–25 minutes until your BTC is sent |
| Reference rate | 1 PAXG ≈ 0.048228 BTC · 1 BTC ≈ 20.7347 PAXG (market prices, 2 Oct 2026) |
| Limits | Minimum about 0.0072 PAXG. The exact minimum and maximum PAXG amounts are shown live in the exchange box |
| Account / KYC | None for standard swaps: no sign-up, no email, no ID |
| Tracking | Status page with your swap ID; PAXG on Etherscan; BTC on mempool.space |
| Reverse swap | [BTC to PAXG](https://ghostswap.io/exchange/btc-paxg/) |

## How much BTC you get (quoted 2 Oct 2026, 12:59 UTC, after all fees)

| You send | You receive |
|---|---|
| 0.02 PAXG | 0.000948 BTC |
| 0.1 PAXG | 0.004780 BTC |
| 0.5 PAXG | 0.023960 BTC |
| 1 PAXG | 0.047929 BTC |

## How to swap PAXG to BTC

1. Open https://ghostswap.io/exchange/paxg-btc/ and enter the amount of PAXG to send.
2. Paste the BTC address that should receive the coins.
3. Enter the PAXG address you are sending from, then confirm.
4. Send the PAXG to the one-time deposit address shown.
5. Receive BTC in your wallet and follow the status page with your swap ID.

## PAX Gold to Bitcoin: tokenized gold out, native BTC in

Paxos issues PAXG as an ERC-20 token, and each token is backed by one fine troy ounce of gold in London Good Delivery bars. PAXG to BTC is for holders who want to move from a gold-tracking token into bitcoin held in their own wallet. GhostSwap pays native BTC on the Bitcoin network, with no account.

The PAXG deposit usually confirms on Ethereum in 2–5 minutes, and then the bitcoin is broadcast. Bitcoin blocks come about every 10 minutes, so give the payout some time to get its first confirmation. Paxos removed PAXG's on-chain transfer fee in 2024, so sending the deposit only costs Ethereum gas.

### Tips

- Bitcoin addresses start with bc1, 3 or 1. Copy a receive address from Sparrow, Electrum or a hardware wallet.
- Send PAXG on Ethereum from your own wallet, with some ETH for gas, and enter that 0x address as the refund address.
- PAXG has 18 decimal places, so you can swap a fraction of an ounce. Paste the exact amount from the exchange box rather than rounding it.

### Can I swap PAXG to BTC without KYC?

Yes. A standard swap needs no account, email or ID. Paste your Bitcoin address, check the floating rate and send the PAXG.

### Can I swap PAXG held on the Paxos platform?

Only after you withdraw it to an Ethereum wallet you control. The deposit has to be an on-chain PAXG transfer on Ethereum.

## FAQ

### How long does it take to swap PAXG to BTC on GhostSwap?

Most PAXG to BTC swaps finish in 10–25 minutes. Your PAXG deposit needs about 2–5 minutes to confirm on Ethereum; after that the BTC is sent to your wallet and Bitcoin confirms it in 10–30 minutes (1–3 confirmations). Busy networks can add a few minutes.

### How much BTC do I get for 1 PAXG?

At 2 Oct 2026, 12:59 UTC, 1 PAXG swapped to about 0.047929 BTC on GhostSwap, after the service fee and the BTC network fee. The rate floats with the market, so the exchange box shows the exact live amount before you send.

### What are the fees for converting PAX Gold to Bitcoin?

The GhostSwap fee is already included in the rate in the exchange box, so the BTC amount you see is what you receive. On top of that, your wallet needs a little ETH to pay the Ethereum network fee for sending PAXG.

### What wallet should I use to receive BTC?

To receive Bitcoin from your swap, we recommend using Electrum, Sparrow Wallet, or a hardware wallet like Ledger or Trezor. Make sure your wallet supports the Bitcoin network before starting the exchange. Double-check your BTC address before confirming — cryptocurrency transactions cannot be reversed.

### What format is the BTC address?

Use a Bitcoin address: it starts with bc1, 3 or 1. Copy it from your wallet and paste it; never type it by hand.

### Can I track my PAXG to BTC swap?

Yes. After initiating your swap, GhostSwap provides a transaction status page where you can monitor progress in real-time. You can also track your PAXG payment on Etherscan (https://etherscan.io) and your incoming BTC on Mempool.space (https://mempool.space).

### Is it safe to exchange PAXG for BTC on GhostSwap?

GhostSwap is non-custodial: there is no account balance holding your coins. Your PAXG deposit is converted and the BTC is sent straight to the Bitcoin address you enter, so check that address twice — Bitcoin transfers cannot be reversed.

### How does a cross-chain PAXG to BTC swap work?

PAX Gold lives on Ethereum and Bitcoin on Bitcoin, two separate blockchains. Instead of a bridge, GhostSwap takes your PAXG on Ethereum and pays native BTC on Bitcoin, so you never hold a wrapped token or pay bridge fees.

### What happens if my PAXG to BTC exchange fails?

If a swap cannot be completed, the PAXG is refunded to the Ethereum address you entered as the sender address. If something looks stuck, contact support with your swap ID from the status page. Most problems come from sending a different amount than shown or using an address on the wrong network.

## Related

- [Reverse: BTC to PAXG](https://ghostswap.io/exchange/btc-paxg/) ([Markdown](https://ghostswap.io/exchange/btc-paxg.md))
- [All GhostSwap pairs](https://ghostswap.io/exchange/)
- [How to exchange](https://ghostswap.io/how-to-exchange/)
- [Site guide for AI assistants](https://ghostswap.io/llms.txt)