What is Digital Gold?
The definition of Digital Gold has not been fully explained. You can also avoid physically handling gold by investing in digital gold. In exchange for an online payment, we store physical gold in a secure location.
Tokens backed by digital gold can be exchanged for actual gold in real time, making them a completely transparent financial instrument. Digital gold tokens can be used for anything from investing and diversifying portfolios to securing real-time and highly secure transactions, and they are backed by physical gold that is purchased at the time a token is issued and stored in a highly secure vault.
There is zero risk involved with investing in digital gold, making it the best gold investment option available. There are no hidden costs, like those for production and waste. There is no risk involved, and buying and selling is simple.
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For what reason should Bitcoin and other digital gold assets
To start, one of the reasons I'm a fan of digital gold assets is because they offer:
You can make as many payments as you'd like without incurring any additional fees, and the service fees are about the same as the cost of keeping gold in a bank.
Tokens are 100% backed in physical gold, which can be verified in real time by comparing the amount of gold stored with the total number of tokens.
With smart contracts built on the Ethereum blockchain, gold tokens can be converted into ERC-20 tokens, which have a much lower annual fee of 0.99% than traditional banking services.
4.Tokens can be moved from any account on BNB, Bitfinex, Coinbase, or any other decentralized Blockchain to any other Ethereum address.
These investment opportunities offer returns tied to the spot price of gold, which is backed by physical gold (minus charges).
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