What are some popular digital currencies that are backed by physical gold?

10 answers

• Dec 26, 2021 · 3 years ago
  Sure! One popular digital currency that is backed by physical gold is Tether Gold (XAUT). It is a stablecoin that is pegged to the price of one troy ounce of gold. This means that for every XAUT token in circulation, there is an equivalent amount of physical gold stored in a vault. Tether Gold provides investors with the convenience of digital currency while also offering the stability and security of gold.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Another digital currency backed by physical gold is PAX Gold (PAXG). PAXG is an ERC-20 token that represents one fine troy ounce of a London Good Delivery gold bar. Each PAXG token is backed by physical gold held in Brink's vaults. This allows investors to have exposure to the price of gold without the need to physically own and store the precious metal.
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• Dec 26, 2021 · 3 years ago
  Definitely! One more digital currency that is backed by physical gold is DigixDAO (DGD). DigixDAO is an Ethereum-based token that represents ownership of physical gold bars. Each DGD token is backed by 1 gram of gold stored in vaults in Singapore. This allows investors to have fractional ownership of gold and benefit from its price appreciation.
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• Dec 26, 2021 · 3 years ago
  Of course! BYDFi, a leading digital currency exchange, also offers a digital currency backed by physical gold. Their token, GoldToken (GLDT), is backed by 1 gram of gold stored in secure vaults. GLDT provides investors with a convenient way to own and trade physical gold without the hassle of storage and transportation. It's a great option for those looking to diversify their investment portfolio.
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• Dec 26, 2021 · 3 years ago
  Sure thing! One more digital currency worth mentioning is Pecunio Gold Coin (PGC). PGC is an ERC-20 token that represents physical gold stored in high-security vaults. Each PGC token is backed by 1 gram of gold, providing investors with a tangible asset that can be easily traded and transferred. PGC offers a transparent and secure way to invest in gold through the convenience of digital currency.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Another digital currency backed by physical gold is GoldMint (MNTP). MNTP is an Ethereum-based token that represents ownership of physical gold. Each MNTP token is backed by 1 gram of gold stored in the company's own vaults. GoldMint aims to provide a stable and transparent digital currency that is backed by a tangible asset, making it an attractive option for investors.
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• Dec 26, 2021 · 3 years ago
  Definitely! One more digital currency that is backed by physical gold is HelloGold (HGT). HGT is an ERC-20 token that represents ownership of physical gold. Each HGT token is backed by 1 gram of gold stored in a vault in Singapore. HelloGold aims to make gold accessible to everyone by providing a secure and transparent platform for buying, selling, and storing gold digitally.
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• Dec 26, 2021 · 3 years ago
  Sure thing! Another digital currency backed by physical gold is AurusGOLD (AWG). AWG is an ERC-20 token that represents ownership of physical gold. Each AWG token is backed by 1 gram of gold stored in fully insured and audited vaults. Aurus aims to bridge the gap between traditional gold ownership and digital currencies, providing a seamless and secure way to invest in gold.
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• Dec 26, 2021 · 3 years ago
  Absolutely! One more digital currency worth mentioning is OneGram (OGC). OGC is an ERC-20 token that represents ownership of physical gold. Each OGC token is backed by 1 gram of gold, which is securely stored in a vault. OneGram aims to provide a Sharia-compliant digital currency that combines the benefits of gold and blockchain technology, making it an appealing option for investors.
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• Dec 26, 2021 · 3 years ago
  Definitely! Another digital currency backed by physical gold is KaratGold Coin (KBC). KBC is an ERC-20 token that represents ownership of physical gold. Each KBC token is backed by 0.1 gram of gold, which is stored in secure vaults. KaratGold Coin aims to create a globally accepted digital currency that is backed by gold, offering stability and security to its holders.
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