The deep digital wave of gold is at a new stage, with around two tons of gold stored in an extraordinary safe, although the total number of customers who use digital mode to buy gold is estimated at around 80 million. This is due to the comparability offered by the product and no storage hassles. This is an exciting time and digital must be a step forward, but it can't be on regulatory infrastructure that depends on loose strands. Digital gold can, in fact, become the largest Ponzi scheme in India if its own regulatory mechanism is not immediately framed.
Buying gold digitally is not only the easiest way but also the most economical way to buy gold, with prices varying between 1.5 percent and 2.5 percent above the landing price, compared to 4-5 percent if someone buys from a retail store. . What's more, digital gold has zero storage costs and is commensurate with owning physical gold. This means someone can sell it at any time, or even use it as collateral. It is estimated that there are 80 million customers (there may be overlaps, because there will be users who transact through several applications) who have transacted on various platforms and together have custody of nearly two tons of gold.
In many transactions where customers buy or sell digital gold, they appear to have received money back exchanges from payment applications that facilitate purchases.
Digital gold received is used to buy and sell gold instantly, in the process of monetizing points earned by customers in Crypto or USD. As a result, total transactions appear proportionally large. In addition, this is a customer of a payment application, not of an agent (publisher) who has digital gold.
What is Digital Gold https://gold.storage/
Digital Gold is a cost-effective, convenient and safe way to invest in digital gold using internet speed.
Digital gold is a universally recognized means for investors to safeguard wealth and protect against financial catastrophes including inflation, currency fluctuations, market collapse, and public unrest. But gold is expensive to buy, transfer and store.
With Digital Gold, you receive stability and physical wealth with digital gold as well as cost efficiency and technological speed.
How Does It Work? https://gold.storage/
GOLD is a ERC20 Token convention of the Ethereum framework. A GOLD token gives insurance to one gram of quality funding grade gold of 99% purity. This makes it easy to make little measured pursuits in gold without the troubles of immaterial desk work, taking into consideration the moment and anonymous purchase of gold.
Since GOLD simply offers insurance of the measure of gold bought, the actual gold which backs the GOLD token is bodily dedicated to the organization's vault, henceforth, at some thing point GOLD tokens are obtained, a same measure of gold is vaulted. Customary opinions of GOLD and the measure of gold in the organization's vault is taken through the truthful BullionStar — an accomplice of the undertaking. DIGITAL GOLD is a liquidity-supplier, alongside these traces institutional contrast financial experts and big capital speculators can make massive GOLD buys barring the dread of missing gold supply.
With Digital Gold, customers can buy digital gold that is processed using secure technology and stored in the MyEtherWallet wallet or can be on an exchange that is already available.
Make purchases with our Direct Specialists on the website or at https://cryptex.net/trade
Physical Gold Coins are stored in BullionStar strongboxes so they are kept safe.
Your gold holdings are stored in the erc20 wallet or on the cryptex exchange
Transaction is recorder on a decentralized ledger
Digital Gold Futures Option
Similarly, you can use futures options, a type of financial derivative, to increase your investment before the specified expiration date. If you choose a digital gold futures option rather than a futures contract, basically you will bet about the direction of the digital gold price on the exchange, then buy the appropriate call or sign an option contract. You will have until the specified date to resell the contract on the open market or use options and take claims. You can also use this option if you want to hold digital gold.
Digital Gold is the only means to secure your investment in stability of physical gold with speed, security, and low cost. This becomes possible with the innovation of blockchain and cryptocurrency. This platform is combining blockchain and physical commodity (gold).
The Digital Gold is the most effective, convenient, and secure way to invest in physical gold using GOLD token.
Gold is one of the most precious resources on the surface of the earth and it was recognized as a means for investors to preserve and protect their wealth against financial struggle. Some of the financial struggle am talking about are:
- Inflation
- Currency fluctuation
- Market collapse
- Monetary policy
- Societal unrest etc.
The Reason for choice Digital Gold :
Final Word
Whether you choose to only invest in a number of digital gold companies, buy options on futures contracts, or hold physical gold bars and coins, do it wisely and make sure you fully understand investment opportunities and associated risks.
Are you interested in digital gold that I discussed this? What investment method did you choose, and how does it look so far about https://gold.storage/?
Website : https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
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