# PAX Gold to Raydium (PAXG to RAY) — no-KYC swap on GhostSwap

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

Swap page: https://ghostswap.io/exchange/paxg-ray/
Updated: 2026-10-01

## At a glance

| | |
|---|---|
| You send | PAX Gold (PAXG), ERC-20 token on Ethereum |
| You receive | Raydium (RAY), SPL token on Solana |
| Your RAY address | Solana address that is 32–44 letters and numbers with no 0x prefix. Wallets: Phantom, Solflare or a Ledger |
| Deposit network fee | Paid in ETH, so keep a little ETH next to your PAXG |
| Deposit confirmation | About 2–5 minutes on Ethereum |
| RAY payout | Sent to your address as soon as the swap completes; Solana confirms it in under a minute |
| Typical swap time | 10–25 minutes until your RAY is sent |
| Reference rate | 1 PAXG ≈ 2,161.07 RAY · 1 RAY ≈ 0.000463 PAXG (market prices, 2 Oct 2026) |
| Limits | 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; RAY on Solscan |
| Reverse swap | [RAY to PAXG](https://ghostswap.io/exchange/ray-paxg/) |

## How to swap PAXG to RAY

1. Open https://ghostswap.io/exchange/paxg-ray/ and enter the amount of PAXG to send.
2. Paste the RAY 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 RAY in your wallet and follow the status page with your swap ID.

## FAQ

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

Most PAXG to RAY swaps finish in 10–25 minutes. Your PAXG deposit needs about 2–5 minutes to confirm on Ethereum; after that the RAY is sent to your wallet and Solana confirms it in under a minute. Busy networks can add a few minutes.

### Do I need KYC or an account to exchange PAXG to RAY?

No. GhostSwap has no accounts: you paste the Solana address that should receive the RAY, send PAXG from your own wallet, and the RAY goes straight to that address. No email, phone number or ID upload.

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

The GhostSwap fee is already included in the rate in the exchange box, so the RAY 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 RAY?

To receive Raydium from your swap, we recommend using Phantom, Solflare, or Trust Wallet. Make sure your wallet supports the Solana (SPL token) network before starting the exchange. Double-check your RAY address before confirming — cryptocurrency transactions cannot be reversed.

### What format is the RAY address?

Use a Solana address: it is 32–44 letters and numbers with no 0x prefix. Copy it from your wallet and paste it; never type it by hand. Sending RAY to an address on another network can lose the coins.

### Can I track my PAXG to RAY 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 RAY on Solscan (https://solscan.io).

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

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

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

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

### What happens if my PAXG to RAY 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: RAY to PAXG](https://ghostswap.io/exchange/ray-paxg/)
- [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)