Gold Digital Token to protect market volatility
Digital gold is increasingly interesting to understand more deeply.
Overall we recognize that blockchain innovation has raised a lot of consideration over the last few years as it helps with changing the database settings that can be used to store and record values and data. It offers a platform that can provide secure, shared, and direct information. As time goes by, it is referred to as a sophisticated resource known as digital currency, something that is of great interest to many people.
Gold has consistently been a valuable possession for some individuals. It can have different types of qualities, for example, for its fiscal value. Indeed, even as time goes by, gold is one of the few metals that has an incentive to be more important than others. There are even several reasons why someone should own and own gold.
Why Don’t We Trust Banks For Gold?
After reading the first article, this is one of the most asked questions of mine. There are some who express the idea that we can protect our gold by opening gram gold accounts in banks. I will briefly explain why this idea is wrong. You open a bank account and easily get gold, or maybe this is a scam and just imagine you are buying gold. Bank accounts contain uncertainties for ordinary users. When you buy gold from a bank, numbers appear in your account, but you do not know whether these numbers are real or not, instead of a clearer statement as to whether the same amount of gold is actually owned by the bank.
Banks have never been as transparent as blockchain networks or smart contracts. Because Digital Gold is a platform built on blockchain and smart contract technology, everything on the platform is transparent.
When you buy gold from a bank, everyone knows that you are actually buying gold, even if you don’t know it. The government and various institutions have a lot of information about your finances through banks. However, Digital Gold cannot access your identity and send information to anyone, because you will be making transactions through your ethereum address. In other words, he managed to keep you secret in as transparent an environment as possible. Only you know your assets, and no one else needs to know.
Physical Gold vs Digital Gold
Suppose you would rather buy physical gold than buy from a bank. In this option, you will find the negative aspects of physical gold. Yes, gold has been the most reliable store of value for thousands of years, but it is very difficult to store it as physical gold and protect it from theft. Because of that, people went and deposited their gold in the bank again. Why does your gold stay in someone else’s wallet? It’s like Satoshi said .. If it’s not your wallet, it’s not your money. Digital Gold allows you to store your own gold in your own wallet by guaranteeing its physical equivalent. Smart contracts cannot be accessed from outside and cannot be intervened. Protecting your gold under smart contract reliability is a brilliant idea.
No transfer fees, low fees
You don’t have to worry about transaction fees because they are all free. You are free to make any transactions and payments. In this case, GOLD has a good opportunity as an alternative to paying for your routine daily business transactions. Coinmarketcap is one of the popular websites that most people use to monitor the growth of cryptocurrency prices. This makes it easy for you to monitor the most recent price changes and the official exchanges where you can trade GOLD. By using the website as a reference, you don’t have to worry about getting caught on a phishing website that performs fake exchanges, so it’s safer.
Billions of dollars worth of digital currency are transferred through various exchanges every day. Although some of the major exchanges provide fiat pairs for trading, most of the other exchanges only offer crypto trading pairs.
In the crypto market, stable coins play a very important role acting as a bridge or gateway for crypto-fiat pairs. Stablecoins also act as a protection against the volatility of the cryptocurrency market
Digital Gold protects you from the bad effects of banking, jewelery and the economy. Banks and jewelers are constantly eating away at the money that is actually yours, demanding high fees from you for each transaction. In the name of protecting the value of your investment, they constantly charge you. They actually make real profits themselves, with high fees for each transfer, every trade. And the profit they make is of course your money. Digital Gold offers deals that are almost free. You pay a very small gas fee on the ethereum network to buy or sell Digital Gold. This will protect you from high bank transfer and jewelry fees
Unique Platform
Usually, maximum buyers buy gold futures to diversify the threat. But gold has established itself as consistent and safe for all. This comparison side by side with cryptophorex is why the Digital Gold platform is here.
The Digital Gold platform aims to translate the more general attributes of gold into international cryptocurrencies, thereby creating a strong, solid, reliable, reliable and stable coin that cryptocurrencies can use and enjoy.
Own Marketplace
Using the official Marketplace is faster and safer than other computerized exchanges and all transactions are completed in seconds. All transactions are meaningless and clients only need to pay standard blockchain fees. There are no limits and investors can buy and sell the amount they need.
The blockchain effect on the gold market
ASSET SECURITY
The first thing that comes to mind when blockchain technology is mentioned is “security”, so many people are blocking them from a risky business because of a small number of problems, first of all, how to keep it safe, and then the risk of robbing it, so many reject gold, but the use of blockchain technology makes gold trading easy, even without it, and the Digital Gold Platform will provide reliable protection.
By allowing gold to reach consumer acceptance.
Regardless of how valuable and popular gold is, many people choose not to invest in gold because of the inability to exchange it for money. Therefore, most people prefer to use gold as a tool to store their wealth as a means of doing business, but the good news is that blockchain is able to make gold traded and used for transactions.
How Can I Get Digital GOLD?
It is very easy to reach Digital Gold. If you want you can get it from the market area (https://gold.storage/tr/market). Transactions are carried out effortlessly within minutes. As it is governed by a smart contract based on ERC-20 technology, there is no possibility of errors in the system
.Enter the amount you want to buy in units of BTC, ETH on the screen.
.Enter the wallet address you want from the Gold Token.
.After confirming, the system will provide you with a wallet address.
.Send the units you need to ship to the address given to you.
You don’t need to do anything else, the smart contract will make the necessary exchanges and send the Gold Token you bought to your wallet. Each Gold Token is always equal to 1 gram of gold with 99% purity. If you want, you can also buy via Cryptex, Livecoin or Bitforex, which have contracts with Digital Gold. If you want to get more detailed information about this project you can use the basic link address below
For more information about the project visit:
Website: https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5161544
Telegram: https://t.me/digitalgoldcoin
Twitter: https://twitter.com/gold_erc20
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20
bitcointalk : super bako
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