XGold allows you
to buy or sell a large amount of gold on the blockchain through ERC23 Smart
Contracts. The major advantage is that the transactional and banking charge are
mostly removed so the profits increasing. XGold is specially built for the gold
transaction, if you’re a gold seller you’re allowed to deposit gold at the
XGold Bullion centre. You can manage your own transaction by using Bullion
Centre as the escrow or refinery. You should know that purchasing gold in the
general procedure is complicated yet difficult due to intermediary or brokerage
process which is along with most transaction. You can purchase gold directly
from the XGC and transaction including the payment can be quickly finished and
free of fraud. The XGC gold is the direct vertical transaction between gold
buyer and seller. This creates a fraud-free environment, profitable investment,
and low-cost transaction.
XGold has its
pre-ico coin called XGold coin or XGC which is actually a real gold
opportunity. XGold is developed on the blockchain of Ethereum, so you’re
allowed to generate and trade any gains produced from any trading or
transaction of XGC which is in discount which linked to the gold fixed price.
AS you can see, this pre-ico coin is being the part of gold rate as a
well-established global commodity, but the value can potentially rise due to
the advanced market utilities and simplified transactions. You can certainly
manage a safe yet effective gold transaction through the Bullion centre
previously mentioned. Perhaps, this is XGC is the first cryptocurrency that has
a direct link to the established global commodity, gold. In fact, it could be
the safest way you can enter the gold market. You can certainly enjoy the
globally integrated gold management system as you can utilize the XGC for
exchange.
As previously
mentioned, XGC is pre-ico crypto backed by physical gold like the dash. In term
of safety, XGC posses similar stage with ripple, the difference is that XGC has
not yet adopted by banks. XGoldcompany is actually real physical gold producer
which put great concern on real gold mining as they have cooperation with
physical gold source provider in the real world. So, XGC is different from
other cryptocurrencies which mostly has nothing to do with physical value as
XGC is valued against the global gold value. The basic concept is that each XGC
coin is equally priced to a gram of gold. However, it’s actually the initial
value based on the recent gold rate, which means there are huge possibilities
to enhance the value due to several factors.
The company runs
real gold production and transactions. It simply that XGold gain profit from
buying gold at a lower price and selling at higher. The profit which is
generated from all transaction is reinvested by purchasing more gold.
Furthermore, the profit gained from the global transactions will be reinvested
in Gold production including the advanced machinery and developing mining
facilities. Profit gained from the profit sharing is directed to sell the XGC
in the bullion at a discount. The value is real as you can redeem the XGold
coin for real gold at the theXGold Bullion Centre, amazing.
The company
intends to democratize the gold as a commodity where any investors can purchase
and gain the benefits from all the utilities. The XGold company is run by a
professional group consists of engineers, legal experts, scientists, computer
experts, goldfield worker, traders, and so forth. The group along with the
workers work 24 hours to enhance the value of XGC.
The XGoldcompany seeks to develop
an advanced gold production chains. Beside the big gold sources, the
Xgoldcompany also forge the cooperation with smaller mining facilities. At this
point, they become an integral part of XGold business. They also have access to
the XGold Bullion centre where they can access low-cost transactions instead of
using unrefined gold and spending cash for intermediaries.
As XGC is underlying on the
minimum redemption value which is the real-time gold rate, it’s very liquid.
Thus, it’s certainly developed as trader begin using the XGC to transact
products or services. Like a cycle, XGC is gaining the value beyond the
underlying gold price rate. XGC has become popular as it can utilize the
different rate of countries. XGC is used like remittance in where the gold has
a higher rate and tends to be stable. As the transaction increases around the
globe, so does the data-mining. This will enhance the XGC utility and the
value.
The XGC utility value boosted due
to various reasons including the low transaction fees, safe and secure,
redeemable, has no problem with local money centres, and due to the fact that
it’s completely decentralized with no paperwork which leads to no limitation of
the transaction. The XGC is gaining much higher value now, so the cycle goes
on. The XGold has managed to sell the coin at a discount which enhances the
spread of transactions. You can exchange your coin with real gold at the XGold
Bullion centre anytime. As they’re redeemed, the XGOls bullion centre transfers
the coin to the exchange facilities which can be other crypto currency like
Ethereum or Bitcoin or simply cash from Fiat.
You can exchange your XGC for
products or services. The miners do the hard work to push the XGC value through
activities, utilities and exposures so the coin becomes more credible for
exchange. As previously mentioned, that XGold can have a higher value than the
initial value. You can certainly use the coin for purchasing the real gold in
the XGold Bullion centre. You can exchange the coins for other products and
services not only those which are related to the gold production but also any
goods or products available in the marketplace, even another crypto like
Bitcoin.
If you’re looking for a safe
investment then you should put on those which are under established asset like
gold. Through XGC you’ll have a direct access to the XGold gold supplies
through Ethereumblockchain technology. Thus, you can purchase XGC with the
Ethereum. The ERC23 Smart Contracts ensure the stability and the safety of
transaction that is free of fraud and inconvenient brokerage.
XGold Coin (XGC) is a gold backed digital crypto-currency option. What makes it different from the 1000 or so other crypto-currency choices available is that it has Real Physical Value: it is in fact valued against Real Physical Gold.Visit https://xgold.lu
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