PAX Gold Casinos
Reviewed

Backed by physical gold stored in secure vaults, Pax Gold (PAXG) is a unique Ethereum-based token by Paxos. Super niche, it’s a rare way to gamble with gold. Explore the best PAX gold casinos, plus real-time PAXg price, network fees, speed stats, and payout limits.

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Key Information

Price
$3,473
24H
0.45%
Transaction Fee
$0.45081
24H
59.46 %
Transaction Speed
12 sec
24H
0.1%

Casinos that accept PAX Gold

  • Low wager. Low wagering
  • No KYC No KYC
  • Low deposit Low deposit
 
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Minimum deposits shown as a combined total for clarity. Gas fees excluded.
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Cloudbet cloudbet.com
Min Deposit
Minimum deposit
Minimum deposits shown as a combined total for clarity. Gas fees excluded.
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Min WDRL 0.001 PAXG $3.47
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4.7 / 5
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Pax Gold (PAXG) is one of the rarest stablecoins in the world—a gold-backed token, pegged to the price of 1 fine troy ounce of real gold.

Much like Tether is tied to the US dollar, PAXG mirrors gold’s value.

However, it’s far less popular in the gambling world than USDT, with few casinos accepting it. If you’re holding PAXG and looking for a way to wager with it, there’s one standout option.

Finding a casino that accepts Pax Gold isn’t easy, but Cloudbet steps up to the plate.

This veteran crypto casino not only allows PAXG deposits but treats them with the same speed and flexibility as its major crypto options.

If you’re looking for tournaments, a strong sportsbook, and casino games—Cloudbet covers it all.

cloudbet pax gold

Pros and Cons

Pros

  • Wager-free bonus up to €2,500
  • 5,000+ slots, tables, and live dealers
  • Sportsbook with excellent odds and esports betting
  • Ultra-low minimum deposit (around $1 in PAXG)

Cons

❌ Not many original games
❌ Live dealer section isn’t ideal

Overview
Cloudbet is the top—and only—casino where you can deposit and gamble with Pax Gold smoothly.

PAXG deposits are fast, and the minimum deposit sits around $1 equivalent in PAXG, making it incredibly accessible. Withdrawals in Cloudbet are typically processed within minutes, keeping the experience seamless.

New users can grab a wager-free bonus up to €2,500, with the bonus unlocking as you place real-money bets across casino games or sports.

Cloudbet Casino offers massive slot tournaments, esports competitions, and weekly reloads—all available even if you deposit with PAXG.

Apart from the variety of games and no rollover bonuses, you can also enjoy an ultra-light Cloudbet KYC procedure, unless you’re a high roller!

The game library covers 5,000+ titles from providers like Evolution, NetEnt, and Pragmatic Play.

If reputation, great game coverage, and top-shelf tournaments and bonuses are something you like, Cloudbet is a top destination:

Gambling with PAXG brings true asset stability but also several drawbacks. Here’s a closer look:

Pros

  • Gold-Backed Stability: Being backed by physical gold, PAXG offers protection against typical cryptocurrency volatility.
  • Trusted Issuer: Regulated and regularly audited by third parties, and has a cold reserve, backed by real gold.
  • Portfolio Diversification: Using PAXG for gambling allows players to maintain partial exposure to precious metals within their gaming bankroll.

Cons

  • Limited Acceptance: Casino support for PAXG is almost non-existant, meaning you’re left with Cloudbet and no one else.
  • Higher Transaction Costs: As an ERC-20 token, PAXG transactions incur Ethereum gas fees, which can be expensive during network congestion.
  • Minimum Purchase Limitations: The high value per token (equivalent to an ounce of gold) makes small-scale gambling less practical.
how to gamble with Pax gold

PAXG gambling isn’t complicated if you stick to trusted platforms. Here’s how to get started:

  1. Set up a wallet
    Choose a secure wallet like Trust Wallet or Ledger Nano S.
  2. Buy Pax Gold
    Get PAXG from exchanges like Binance, Kraken, or KuCoin.
  3. Register at a Casino
    Create an account with Cloudbet.
  4. Deposit PAXG
    Copy the casino’s deposit address and send your tokens.
  5. Play games or bet on sports
    Slots, live casino, and sportsbook are all available.
  6. Withdraw your winnings
    Send PAXG back to your personal wallet securely.

Gambling with Pax Gold brings stability and security, but the downsides are clear: almost no casinos accept it, and transaction fees are higher compared to lightweight coins.

While Cloudbet does an excellent job with PAXG support, beginners or frequent players might find it easier and cheaper to gamble with Litecoin or Solana. They offer broader acceptance, faster confirmations, and lower costs across the board.