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The Truth About Gold-Backed CryptocurrenciesBest Gold Backed Cryptocurrency � 1. Pax Gold (PAXG) � 2. Tether Gold (XAUT) � 3. Kinesis Gold (KAU) � How to Buy Gold-Backed Cryptocurrencies. Answer: Multiple cryptocurrencies are backed by gold, including Tether Gold, DigixGlobal, Paxos Gold, Goldcoin, Perth Mint Gold, and Meth Gold. A gold-backed cryptocurrency is a coin or token that represents a value of gold and is backed by actual physical gold.