ALL YOU NEED TO KNOW ABOUT DIGITAL GOLD
WjayturGOLD tokens is a way of protecting your assets from inflation with minimal volatility
How much as your savings earn for you? Why saving money in the bank that will not yield you any profits or could be affected by inflation? Majority of our banks today are operating on zero interest for saving money. It means your money can't increase rather it decreases because you will be paying for some charges.
Many of us have a limited means of saving our assets for future gain. Investing on digital gold is just the answer; it is just like a savings that will yield some dollars of profits at the end of every month.
- Save your money in the bank, no interest
- Bank can go bankrupt and your savings are gone
- Your savings in the bank can be affected by hyperinflation
- Investing in the stock market is too risky and complicated
- Due to harsh environment, offline business are not that surviving
Emerges of cryptocurrencies seems to be the only solution to all the mentioned above problem
Investing in Gold token will give the tendency for your savings to increase at the always since the value of gold always increase. Furthermore, Gold token being a stablecoins will provide an answer in terms of price volatility, but backing the Gold token with physical gold will preserve and increase your investment. The Gold token being backed by physical gold will solve the challenges of stablecoin losing their values to inflation.
So investing on Gold token will makes you enjoy the following benefits:
- Your investment will constantly rise and yield you profits
- Your investment won't be affected by market volatility
- The internal value of your investment will be preserved.
THE DIGITAL GOLD MARKETPLACE
This marketplace was created for people to be able to purchase and sell Gold token. The Digital Gold platform want people to be easily, effective and efficient get access into a such a way they can buy or sell the Gold token and that is why this marketplace was created. The market system works in a way that, a user will have to initiate a smart contract, and the new minted Gold tokens will be transferred. This marketplace is the most effective one for investors, they will be able to execute their transaction instantly.
Simple Steps on how to use the marketplace:
- Go to https://gold.storage/market
- Enter the quantity of Gold token you want to buy
- Input your ethereum wallet which you will used in receiving the Gold token. Alternatively, you will be required to input your email and btc addresses.
- Click submit
This process is applicable for either you want to buy Gold token or you want to sell Gold token. The marketplace will always displayed the price at each period of time. This marketplace was designed for both amateur traders or experienced traders; it is easy to use and the platform will be offering 24 customers support for the users.
GOLD STORAGE
To acquire might be easy, but storing the gold is very essential. It is good for your life assets to be firmly secure for safety reasons. Gold are usually store a vault, and in the conventional system, users make a huge money for storage services they provide for their gold assets. In the case of this platform, the platform has partnered with BullionStar in providing storage services for gold assets in their vault. BullionStar is already known worldwide platform which has been involving in precious metals business. Digital Gold choose BullionStar as their vault because they are the most transparent among their fellow counterparts. The advantage we are going to enjoy with Digital Gold is that we won't pay any fees for storing our gold unlike the traditional system which we do pay high charges for offering storage services. For the sake of doubt, you are permitted to do more verification about Bullionstar right from their audit report.
BENEFITS OF DIGITAL GOLD
Liquidity
As we all know gold is rare and the market is scanty, digital gold is simply the solution to this type of challenges. The digital gold will bring high liquidity into the gold market with the hell of the Gold token. With this measure, users can instantly purchase and sell large amounts of tokens using the Digital Gold Marketplace or other cryptocurrency exchange where Gold token has been listed.
No limit
In traditional system, you can't buy nor sell half gram of physical gold; you must buy a full gram or more. There are people that don't have adequate money to buy the entire gram of gold; however, the digital gold is simply the way out. Users can buy a small quantity of gold or large quantity of gold using the Gold token. At the same time, they can sell any quantity of their choice at the same time.
Verification
In the traditional system, if you want to buy gold, you will have to fill all ownership document that is allying with the government rules and regulations. However, the digital gold will make you anonymous as gold ownership, guide your privacy and make every process remain private.
ADVANTAGES OF DIGITIZING GOLD ASSET
Digitizing a gold asset via Gold token will make users to pay a low cost for executing a transaction and zero fees for transferring. The storage services charge here is very low, it is about 0.99% annually. This is very cheap when we weigh this process and the conventional system.
Users can diversify their portfolios and keep wealth in a safe haven. The Gold token will be backed by stability and it won't be affected by market volatility and instability. The Gold token will then permits users to purchase coverage in physical gold, which will protect us from poor market.
You can get more information about the project here, kindly check out any of the links below;
Website : https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
Medium: https://medium.com/@digitalgoldcoin
Twitter: https://twitter.com/gold_erc20
Telegram: https://t.me/digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20/
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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2662044;