Advantages of stablecoin Digital Gold
Hello Friends. Here we discuss issues related to new technologies, investments and of course with cryptocurrency. Since cryptocurrency combines both.
Recently, we paid attention to the Digital Gold project, this project combines the advantages of stablecoin and investment in gold.
On the one hand, we can invest in a gold standard that is backed by physical gold. On the other hand, you can do it as comfortably as trading cryptocurrency.
It is no secret that buying and selling gold is accompanied by significant difficulties. Huge spreads to buy and sell in official banks take away all the profit that can be obtained from the exchange rate change.
At the same time, trading on stock exchanges gold you actually do not have it on hand. You only trade the numbers of stock exchanges and if the exchange goes bankrupt then you also do not get anything.
In contrast to both of these cases, Digital Gold provides each of its tokens with one gram of gold that lies in storage in Singapore. Thus, each token you buy is actually provided with physical gold and these are not empty numbers of bubbles that you see on ordinary exchanges.
Also, Digital Gold provides liquidity to its token markets by buying and selling the token at a price close to the price of gold located in the vault, which allows you to actually trade gold and make a profit even with small price fluctuations.
Digital Gold is a stablecoin - but it is not tied to any currency but to gold, in this connection, even being a stablecoin, it allows you to earn on long-term and short-term investments.
You can always find out online how many tokens are issued and how much gold is in the vault. An independent audit strictly monitors compliance with this rule.
In addition, I would like to note a number of advantages of buying a digital Gold token before the usual purchase of gold.
All physical gold in the vault is fully insured at any given time.
The insurance covers all risks and full cost and is provided by one of the largest insurers in the precious metals segment Chubb Insurance. Self-storage of physical gold is associated with a number of problems and risks that can be avoided with GOLD. When stored at home, risks include robberies and assaults on the way to and from the Bank, and when stored at the Bank, limited access.
It is known that traditional methods of gold trading require the provision of personal data and compliance with a variety of rules that differ in each country. In the context of total user data collection, GOLD provides the opportunity to own physical gold while maintaining your privacy.
When using GOLD, you are not tied to the opening hours of banks and exchanges, which could prevent you from buying or selling gold at a favorable price or when there is a personal need. No need to physically bring gold to the dealer's office for sale. GOLD tokens have unprecedented liquidity due to the ability to buy, sell or exchange them 24/7.
If you were in doubt whether to invest in reliable gold or modern cryptocurrency-then you have the opportunity to do both at the same time.
For those who are interested in buying Digital Gold tokens-all the necessary information can be found in the description of the video.
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Website : https://gold.storage/
Marketplace: https://gold.storage/market
Whitepaper: https://gold.storage/wp.pdf
Twitter: https://twitter.com/gold_erc20
Facebook: https://www.facebook.com/golderc20
Telegram: https://t.me/digitalgoldcoin
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