Digital Gold.Trade Gold Without Limitations
Introduction
Why should you invest in gold
back again. The digital gold project is an ambitious project, which seeks to democratize gold investment and make it easier for users to access opportunities in the gold market.
No more people have to deal with complicated documents and fear theft, Digital Gold takes care of all that, it brings transparency to the gold market because one gold unit is pegged to one gold token, it leverages blockchain technology with low fees, easy transactions and seamless, and all transactions can be easily tracked on the ethereum blockchain.
and The challenge of buying gold requires finding a reliable supplier,
some documents etc. And there are many challenges to keeping that gold safe, the Digital Gold platform in partnership with the Chubb Insurance company will help customers store their gold safely.
It will be safe from cyber criminals and physical criminals.
High liquidity of digital gold
Users can buy and sell tokens in bulk through exchanges or through the Digital Gold marketplace,
The market is available 24/7
gold is a profitable investment in the long run. Gold has been around for thousands of years, both as a method of payment or a store of value. Our fiat currency, which is used as a legal tender, is vulnerable to inflation. Take the Zimbabwe dollar as an example which has caused immense instability in Zimbabwe.Gold, on the other hand, will always be valuable because it cannot be printed at a central bank and is limited in quantity. A lot of time and resources are required to mine gold, you can’t reproduce it in the lab or come up with a cheaper version
the traditional way of investing in gold
Investors can buy gold in its physical shape and form and store it in a bank or a safe. Shares of gold can also be purchased on the stock exchange in the form of an Exchange Traded Fund (ETF). This is a more popular option in our time and it saves investors from the trouble of having to think of safe ways to store their gold
Problems with traditional investment models
Stock markets are strictly regulated. All clients have to go through a detailed KYC procedure to avoid issues such as money laundering or corruption. Clients have to submit their identity information, proof of income, bank statements and other documents on request.
You cannot simply register on the stock market and buy gold. One way of buying is through a broker. An individual or an agency that is authorized to trade on your behalf. Index Funds or Hedge Funds are some other ways to acquire stocks. All these options are expensive, heavily regulated and complicated for the average Joe
The Solution is: Digital Gold and the GOLD Stablecoin.?
Digital Gold (https://gold.storage/en/home) is an ERC-20 token that enables users to purchase gold in a digital format. Each GOLD token is equal to one gram of 99.99% fine gold and is backed by physical gold that is kept in the company’s vaults. The company allows investors to invest in gold without being subjected to complicated paperwork which is the case with the traditional stock market. The GOLD token is pegged to the value of gold which makes it less volatile to other cryptocurrencies where sharp up-trends and down-trends are common.I mentioned previously that investors are afraid to invest in physical gold. One of the reasons for this fear is due to problems with storing gold. It is valuable, it is heavy and takes up a lot of space. For these reasons, they are reluctant from storing it in their homes
There are several types of wallets that can store Gold Tokens in an ERC-20 wallet.
- MyEtherWallet
One of the best and popular ETH tokens and other ERC-20 tokens. MEW is an open source web wallet and the user interface is very easy to use.
Metamask
-Metamask is a web portfolio and is completely free. The Metamask browser allows you to store and manage your ERC-20 coins.
Ledger Nano S
-The Ledger Nano S is a hardware wallet that can easily be plugged into any USB port.
Trezor
-Trezor is another hardware wallet and is one of the oldest active wallets to date.
Guarda
-Another non-custodial wallet platform, Guarda supports several cryptocurrencies, including the ERC-20 token. Users can store, receive, send, buy, exchange and stake their coins easily.
Buy and sell Gold Tokens directly on the Official Digital Gold Market. You can buy with Bitcoin or Ethereum or sell your Gold Token for Bitcoin or Ethereum by visiting https://gold.storage/market.
-Cryptex
Buy or sell GOLD and other cryptocurrencies without limitations and restrictions. Cryptex The Cryptoexchange platform works with several payment systems, cash and electronic payments. You can buy Gold Tokens with USD here.
-Livecoins
Livecoin is a modern and secure trading platform for accessing the cryptocurrency exchange market with a very simple interface and low trading value. Exchange your BTC or ETH for Gold Tokens here.
-Bitforex
One of the leading and most modern stock exchanges with millions of traders from all regions of the world. Trade Gold Tokens on Bitforex with BTC, ETH and USDT here
for complete information, you can follow the official Digital Gold
Website : https://gold.storage/en/home
ANN: https://bitcointalk.org/index.php?topic=5161544
Whitepaper: https://gold.storage/wp/White_paper_en.pdf
Telegram: https://t.me/digitalgoldcoin
Twitter: https://twitter.com/gold_erc20
Reddit: https://www.reddit.com/r/golderc20
Author:apaben
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1239366
