PAXG to USDT: Exchange PAX Gold for Tether (ERC20) Without KYC

Q: How much is 1 PAXG in USDT?

1 PAXG is worth about 4,150.88 USDT at the market rate, before fees (market prices, 2 Oct 2026). GhostSwap's quote in the exchange box already includes the service fee and the USDT network fee. The Ethereum network fee for sending the PAXG is paid separately, in ETH. The rate floats with the market until your PAXG deposit confirms.

Send PAX Gold (PAXG, an ERC-20 token on Ethereum) and receive Tether (USDT, an ERC-20 token on Ethereum) in your own wallet, with no account and no KYC. Swapping into USDT locks in a dollar value without selling on a centralized exchange.

10–25 min
No account · No KYC
Non-custodial
Fees included in quote

You Send

PAXG

You Get

USDT (ERC20)

Recipient Wallet

Sender Address

⚠️ Enter the exact wallet you are sending from — your funds must be sent from this address.

By clicking Confirm exchange, you agree to the Privacy Policy & Terms of Service.

PAXG

PAX Gold

Price:

$4,150.29

24h Change:

-0.46%

Market Cap:

$1.80B

Volume (24h):

$201.49M

Circulating Supply:

435.1K PAXG

USDT (ERC20)

Tether (USDT) on Ethereum

Price:

$0.9999

24h Change:

0.01%

Market Cap:

$184.03B

Volume (24h):

$76.59B

Circulating Supply:

184.06B USDT (ERC20)

Data by CoinGecko

PAXG to USDT (ERC20) Exchange Rate

1 PAXG = 4,150.88 USDT (ERC20)

The 1 PAX Gold to Tether (USDT) on Ethereum reference rate at market prices, before fees.

Live market rate

PAXG to USDT swap at a glance

Send PAXG from MetaMask, Rabby or a Ledger.

PAX Gold (PAXG)You send · ERC-20 token on Ethereum

Tether (USDT)You receive · ERC-20 token on Ethereum

Both coins live on Ethereum, so you only need a little ETH to pay the deposit fee.

Swap time

10–25 minuntil your USDT is sent

Network fee

Paid in ETHkeep a little ETH too

Account / KYC

NoneNo sign-up, email or ID for standard swaps

Tracking

Live status pagePAXG on Etherscan

Your USDT address

Ethereum addressIt starts with 0x followed by 40 hexadecimal characters. Wallets: MetaMask, Rabby or a Ledger.

Reference rate

1 PAXG ≈ 4,150.88 USDT1 USDT ≈ 0.000241 PAXG · market prices, 2 Oct 2026

Minimum

About 0.0073 PAXG

Send PAXGAbout 2–5 minutes to confirm on Ethereum
GhostSwap swaps itAt the floating rate, fees already in the quote
Receive USDTSent to your address; Ethereum confirms in about 2–5 minutes

Facts checked 2 Oct 2026Reverse: USDT to PAXG

How much USDT do you get for PAXG?

GhostSwap quotes at 2 Oct 2026, 15:27 UTC, after the service fee and the cost of sending the USDT to your wallet.

Fees included

0.02PAXG

81.1697USDT

0.1PAXG

408.8596USDT

1PAXG

4,095.37USDT

The rate floats with the market until your PAXG deposit confirms.

PAX Gold to USDT: switching from gold-backed to dollar-backed tokens

PAXG is an ERC20 token from Paxos; each token represents one fine troy ounce of London Good Delivery gold held in professional vaults. Swapping PAXG to USDT (ERC20) moves a holding from gold price exposure into a dollar stablecoin, for example to pay someone or to rebalance, with no account.

Both tokens are on Ethereum, so the PAXG deposit is confirmed in about 2 to 5 minutes and the USDT lands on the same network. One PAXG is worth far more than one USDT, so amounts with several decimal places are normal; send the exact amount shown on the deposit screen, not a rounded figure.

Tips for this swap

You can receive the USDT at the same 0x address that holds your PAXG, since both are ERC20 tokens on Ethereum.
Gas for the PAXG transfer is paid in ETH, so keep a little ETH in the sending wallet.
Send PAXG from a wallet you control, not straight from a platform withdrawal, and give that wallet's address as the refund address.

Can I swap PAX Gold to USDT without an account?

Yes. There is no registration, email or ID for a standard swap. Paste your Ethereum address, send the PAXG and the USDT is paid to that address at the floating rate shown before you send.

Does this redeem my PAXG for physical gold?

No. It is a token swap. Redeeming PAXG for gold bars or cash is done through Paxos itself, not through a swap.

Swap 1,600+ coins on our no-KYC crypto exchange

PAXG to USDT Live Price Chart

PAXG/USDT (ERC20)

Loading chart...

Reference market prices, updated live

What is PAX Gold?

PAX Gold (PAXG) is a digital asset backed by physical gold reserves held in custody by Paxos Trust Company. Each PAXG token represents one fine troy ounce of a gold bar. It allows users to own and trade gold without the need for physical storage. PAXG tokens are used for investment and can be redeemed for physical gold.

What is Tether (USDT) on Ethereum?

Tether on Ethereum (USDT ERC-20) is the most widely used stablecoin in cryptocurrency, pegged 1:1 to the US Dollar. USDT provides a stable store of value within the volatile crypto market, making it essential for traders who want to lock in profits or park funds without converting to fiat. As an ERC-20 token on Ethereum, USDT benefits from the broadest DeFi ecosystem support and the most exchange integrations of any stablecoin network. Note that Ethereum gas fees apply to ERC-20 USDT transfers.

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Why Swap PAXG for USDT?

Swapping PAX Gold to Tether (USDT) on Ethereum with GhostSwap moves your funds into a dollar-pegged stablecoin — all without KYC, account creation, or using a centralized exchange.

A dollar-pegged balance

Tether (USDT) on Ethereum is designed to keep a 1:1 peg to the US dollar, so the balance follows the dollar rather than the price of PAX Gold.

Stay in crypto

No need to cash out to a bank account. Your USDT (ERC20) is in your own wallet.

Convert PAX Gold to Tether (USDT) on Ethereum

PAXG	USDT (ERC20) at market price
0.0073PAXG	30.3015USDT (ERC20)
0.01PAXG	41.5088USDT (ERC20)
0.02PAXG	83.0177USDT (ERC20)
0.05PAXG	207.5442USDT (ERC20)
0.1PAXG	415.0884USDT (ERC20)
0.2PAXG	830.1767USDT (ERC20)
1PAXG	4,150.88USDT (ERC20)
2.5PAXG	10,377.21USDT (ERC20)

At market prices of $4,150.29 per PAXG and $0.999857 per USDT (ERC20) (2 Oct 2026), 0.1 PAXG is worth about 415.0884 USDT (ERC20).

Convert Tether (USDT) on Ethereum to PAX Gold

USDT (ERC20)	PAXG at market price
25USDT (ERC20)	0.006023PAXG
50USDT (ERC20)	0.012046PAXG
100USDT (ERC20)	0.024091PAXG
250USDT (ERC20)	0.060228PAXG
500USDT (ERC20)	0.120456PAXG
1,000USDT (ERC20)	0.240913PAXG
5,000USDT (ERC20)	1.2046PAXG
10,000USDT (ERC20)	2.4091PAXG

Going the other way, 500 USDT (ERC20) is worth about 0.120456 PAXG at the same prices.

How to Exchange PAX Gold to Tether (ERC20)

Select PAXG and USDT

Pick PAXG in “You send” and USDT in “You get”, then enter the amount.

Enter Tether (ERC20) Address

Paste the Ethereum address that should receive the USDT. Sending USDT to an address on another network can lose the coins. Then enter the Ethereum address you send PAXG from; a refund, if ever needed, goes there.

Send PAX Gold

Send exactly the amount shown from your own Ethereum wallet to the one-time deposit address. Keep a little ETH in that wallet for the network fee.

Receive Tether (ERC20)

Your USDT arrives on Ethereum. Follow each step on the status page with your swap ID.

Popular swap pairs

Step-by-step guides for the main Monero and Zcash swaps and for other PAXG and USDT pairs.

PAXG to USDT: questions and answers

How long does it take to swap PAXG to USDT on GhostSwap?

Most PAXG to USDT swaps are paid out within 10–25 minutes: the PAXG deposit needs about 2–5 minutes to confirm on Ethereum, then the USDT is sent to your wallet, and Ethereum confirms the payout in about 2–5 minutes.

How much is 1 PAXG in USDT?

At 2 Oct 2026, 15:27 UTC, 1 PAXG swapped to about 4,095.37 USDT on GhostSwap, after the service fee. The minimum for this pair is about 0.0073 PAXG. The Ethereum network fee for sending the PAXG is paid separately, in ETH. The rate floats with the market until your PAXG deposit confirms.

Can I send PAXG straight to my USDT address?

Only as PAXG. PAXG and USDT both live on Ethereum and use the same kind of address, so PAXG sent to your USDT address arrives as PAXG, not USDT. To get USDT, send the PAXG to the one-time deposit address GhostSwap shows, and the USDT is paid to the Ethereum address you enter.

What wallet and address do I need to receive USDT?

Use an Ethereum address from a wallet you control, such as MetaMask, Rabby or a Ledger. The address starts with 0x followed by 40 hexadecimal characters. Sending USDT to an address on another network can lose the coins. GhostSwap never holds your funds: the USDT is sent straight to the address you enter.

Which USDT network does this PAXG to USDT swap use?

The USDT you receive is an ERC-20 token on Ethereum, paid to an Ethereum address; moving it later costs Ethereum network fees in ETH. The same swap on other networks: PAXG to USDT TRC20, PAXG to USDT BEP20, PAXG to USDT Polygon, PAXG to USDT AVAX.

What happens if my PAXG to USDT exchange fails?

If a swap cannot be completed, the PAXG is refunded to the Ethereum address you entered as the sender address.