[ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold

[webtricks]

Here is the report of my findings :
https://www.uptrennd.com/post-detail/why-the-world-need-digital-gold-stablecoin-at-this-time~MzEyMjAy
I hope you'll enjoy it

This is really a high-quality article. You started it with the advantages of gold then shifting to the benefits of blockchain technology. Then perfectly explained why Digital Gold is the best option to invest in Gold securely and anonymously. If you don't have any problem then I would like to translate the part of your article and publish it in Indian Section.

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[1714220144]

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[Bitcoin_Arena]

I know it's in the interest of the team and members at large to have more exchanges where the GOLD Token can be traded but bitforex is a scandalous exchange. The number of accusations of them stealing people's funds and faking volume are growing by the day.

It would be good to dissociate from them and also avoid future losses to the company in case they decide to pull off an exit scam as complains keep growing. I understand to place buy orders in the exchanges so if they decide to pull of an exit scam. It might affect the project's funds too.

[Ayobami99]

Here is the report of my findings :
https://www.uptrennd.com/post-detail/why-the-world-need-digital-gold-stablecoin-at-this-time~MzEyMjAy
I hope you'll enjoy it

This is really a high-quality article. You started it with the advantages of gold then shifting to the benefits of blockchain technology. Then perfectly explained why Digital Gold is the best option to invest in Gold securely and anonymously. If you don't have any problem then I would like to translate the part of your article and publish it in Indian Section.

😁 yea... No problem. You are free to. Feel free to tag me @ayobami99 so i can give my little upvote 👍 💪

[GOLD_official]

I know it's in the interest of the team and members at large to have more exchanges where the GOLD Token can be traded but bitforex is a scandalous exchange. The number of accusations of them stealing people's funds and faking volume are growing by the day.

It would be good to dissociate from them and also avoid future losses to the company in case they decide to pull off an exit scam as complains keep growing. I understand to place buy orders in the exchanges so if they decide to pull of an exit scam. It might affect the project's funds too.

Dear Bitcoin_Arena,

The best way to trade is to use the official Digital Gold marketplace. We have a spot price and fast transactions.

Regards,
Support Team @ Digital Gold
https://gold.storage

[chip1994]

Sorry for being a newcomer to discuss with everyone about Gold and stablecoins. But really, I am quite impressed with the team's idea of creating a gold coin in the crypto market so that people can buy gold with their own stablecoins without having to go to the gold shops. I am a gold technical analyst and I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange. I don't need to pay a fee to trade like margin and everything is great.

[NeuroticFish]

I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange

I don't want to be the "bad guy", still, your post is incomplete. I'll help you fill the gap with some questions:
1. did you also get to withdraw your funds (or earnings) from that exchange?
2. were they small funds (under 0.1BTC), medium (under 1BTC) or bigger funds? (of course if you see a problem with this question, don't answer it)

[Tytanowy Janusz]

I don't need to pay a fee to trade like margin and everything is great.

You still need to pay basic exchange fees like transaction fee or withdrawal fee. While you store your tokens on exchange GOLD team does not charge fee for storing your phisical gold only other fees stays where they were (or i'm not aware of something?). Also trading using gold token is quite not optimal with 6 % spread that we see in there that is a killer compared to average gold/usd fluctuation. Gold token is more like a long-term investment tool.

[webtricks]

Here is the report of my findings :
https://www.uptrennd.com/post-detail/why-the-world-need-digital-gold-stablecoin-at-this-time~MzEyMjAy
I hope you'll enjoy it

This is really a high-quality article. You started it with the advantages of gold then shifting to the benefits of blockchain technology. Then perfectly explained why Digital Gold is the best option to invest in Gold securely and anonymously. If you don't have any problem then I would like to translate the part of your article and publish it in Indian Section.

😁 yea... No problem. You are free to. Feel free to tag me @ayobami99 so i can give my little upvote 👍 💪

Sure. I will tag you as well as mention link to your article in my post.

[hulla]

I don't need to pay a fee to trade like margin and everything is great.

You still need to pay basic exchange fees like transaction fee or withdrawal fee. While you store your tokens on exchange GOLD team does not charge fee for storing your phisical gold only other fees stays where they were (or i'm not aware of something?). Also trading using gold token is quite not optimal with 6 % spread that we see in there that is a killer compared to average gold/usd fluctuation. Gold token is more like a long-term investment tool.

Yes, Gold liquidity stablecoin is a good ling term investment tool especially for arbitrage and traders that love to seize opportunity of the market but i believe what Chip was trying to say about not paying fee is the storage fee which Gold token holder are totally exempted from paying.

[Bitcoin_Arena]

The best way to trade is to use the official Digital Gold marketplace. We have a spot price and fast transactions. 

I obviously use the marketplace as its the quickest and the safest way of trading off GOLD Tokens

Sorry for being a newcomer to discuss with everyone about Gold and stablecoins. But really, I am quite impressed with the team's idea of creating a gold coin in the crypto market so that people can buy gold with their own stablecoins without having to go to the gold shops. I am a gold technical analyst and I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange. I don't need to pay a fee to trade like margin and everything is great.

I do hope everything goes well and bitforex don't wake up one day to lock your account.  All am saying is be careful with thay exchange.

[terciduk123]

I don't need to pay a fee to trade like margin and everything is great.

You still need to pay basic exchange fees like transaction fee or withdrawal fee. While you store your tokens on exchange GOLD team does not charge fee for storing your phisical gold only other fees stays where they were (or i'm not aware of something?). Also trading using gold token is quite not optimal with 6 % spread that we see in there that is a killer compared to average gold/usd fluctuation. Gold token is more like a long-term investment tool.

There are no transaction fees between users, there is only a very low annual storage fee of 0.99%. Yearly storage fee is automatically charged from token holder's wallet by GOLD secure and audited smart-contract, based on Ethereum network, on daily basis.

*https://gold.storage/en/fee

[Salamstar]

Sorry for being a newcomer to discuss with everyone about Gold and stablecoins. But really, I am quite impressed with the team's idea of creating a gold coin in the crypto market so that people can buy gold with their own stablecoins without having to go to the gold shops. I am a gold technical analyst and I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange. I don't need to pay a fee to trade like margin and everything is great.

This is a leading product in the history of gold for gold traders interested in cryptocurrency and who want to trade in precious metals as they can now buy gold immediately and then receive it elsewhere in the cryptocurrency.

[amiraja2]

GOLD satbilcoin is a real investment, maybe later it will be able to compete with gold so that everyone with the ease of investing does not have to buy gold 

[hulla]

GOLD satbilcoin is a real investment, maybe later it will be able to compete with gold so that everyone with the ease of investing does not have to buy gold 

Youre right about the project to be real investment but the purpose of this project is provide genuine stablecoin for the well being of all crypto investors, traders and enthusiasts. However, this is project have opened the eyes of others stablecoin provider to the betterment of precious metal and blockchain.

[AD Node]

GOLD satbilcoin is a real investment, maybe later it will be able to compete with gold so that everyone with the ease of investing does not have to buy gold 

That is true, Digital Gold is so far an easy way to invest in gold, in my country I need to spend a lot of certificates in order to invest in gold, with the GOLD token I just do easy, without any kind of complication, 24/7, fast and safe, no matter where I am.

[GOLD_official]

We are happy to report that 2,000 more GOLD tokens have been minted today! The total supply of GOLD tokens currently exceeds 19,000 and keeps constantly growing. The real-time audit report can be found in Audits section of our website. https://gold.storage

[tbct_mt2]

Another growth of GOLD platform, I congratulate the owners for this newest achievement.

By the way, how about my previous proposal? I hope that it has still been in your to do list.

The real-time audit report can be found in Audits section of our website.

For the real-time audit report, can we have a real time chart? It will help people who have interests in the project have very quick overview on the growth of GOLD project.

[taufik123]

Congratulations to GOLD Tokens for a total supply of 19,000 GOLD Tokens. The development of DIGITAL GOLD is very significant until now.
I am fortunate to be a part of DIGITAL GOLD STORAGE.


Good news also came from the ADVISORY BOARD FORMATION that will expand the DIGITAL GOLD business globally.


Then the question that I have is about Exchange which is only listed on Bitforex.
Why doesn't DIGITAL GOLD Listing GOLD Tokens on other large Exchange like Binance or others?

I am also amazed by the volume of millions of dollars every day on Bitforex. Always success for DIGITAL GOLD.

[GOLD_official]

Why doesn't DIGITAL GOLD Listing GOLD Tokens on other large Exchange like Binance or others?

Dear taufik123,

Thanks for your congratulations.

Earlier we answered that question. The listing on Binance costs $500 000. There is no sense to do that now. We listed on 5 exchanges and have our own marketplace.

Regards,
Support Team @ Digital Gold
https://gold.storage

[hulla]

Why doesn't DIGITAL GOLD Listing GOLD Tokens on other large Exchange like Binance or others?

Dear taufik123,

Thanks for your congratulations.

Earlier we answered that question. The listing on Binance costs $500 000. There is no sense to do that now. We listed on 5 exchanges and have our own marketplace.

Regards,
Support Team @ Digital Gold
https://gold.storage

I'm totally in support of what you said since the project is already listed on the capital market with the addition of 5 crypto exchange sites and it already doing well in the market spending $500,000 which can be used to develop some area of the project on exchange listing doesn't look good.