GOLD is a digital cryptoasset 100% backed by physical gold and ETF which can be used as an instrument for hedging risks, payment and investment tool both by companies and individuals.
Cryproassets GOLD is a viable solution for
Payment for goods
Gold price dynamics LBMA
Buy GOLD for FIATLBMA + 5%
Sell GOLD for FIATLBMA + 3%
Total fee for FIAT -> GOLD -> FIAT2%
On-Chain transaction fee0.30%
Redeem gold barsIt depends on country and weight of gold.
There will be a calculator later.
Cryptoassets GOLD combine the advantages of fiat money on the one hand and precious metals on the other
GOLD Investment scenarios
The investor can strike a trust management smart contract deal with
GoldMint company which gives an opportunity to acquire gold with a solid discount
The owner transfers his GOLD cryptoassets to the company's trust management by a smart loan agreement. The company runs trading assets, buying gold and selling them out for melting etc.
The owner transfers his GOLD cryptoassets to the company's trust management by a smart loan agreement. At the same time, Goldmint uses Custody Bot to lend to parties through pawnshops all over the world.
Gold secured loans
You may be able to receive a cryptocurrency or fiat loan from Goldmint, using GOLD as collateral.
All applicants will need to undergo the KYC procedure. All members who have GOLD receive Goldmint Partner banks credit cards, aligned with VISA and MasterCard systems.
Crypto traders and enthusiasts can hedge the risks of storing their assets in highly volatile crypto market environment by transferring their savings to cryptoasstes GOLD.
Employers and importers can hedge the risks of expensive money transfers from one place to another and the volatility due to market instability.
ICO makers hedge the risks of their cap being constantly changed due to ETH and BTC rise and fall if they switch to a digital gold standard.
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