Gold Stablecoin: Gold-Based ERC20 Token, Is It Worth It?

CP-Projector
4 min readOct 21, 2022

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Gold is a valuable asset that is very suitable for long-term investment and is a favorite among novice investors. By investing in gold, an investor can get various advantages that other investment instruments cannot provide, such as being more stable, needing a lot, can be sold at any time, and the price is not as volatile as crypto. This is why many people invest in gold as opposed to instruments like securities or crypto. But when buying gold is quite a hassle, unlike investing in securities or crypto where someone can just stay in their home and they will get a notification when their purchase is complete. Investment in physical gold also requires attention from the owner because it is related to gold which is valuable and prone to theft. This is why quite a lot of people are still hesitant to invest in gold today.

The emergence of Gold Stablecoin

Gold Stablecoin is a platform that provides digital gold that users can take anywhere. Here users can have digital gold which is more secure and faster because it uses blockchain technology. The reason why blockchain is the technology that supports Gold Stablecoin is that it is the best technology that allows transactions to be carried out securely and will not allow manipulation. So blockchain is the best technology which will support the operations of Gold Stablecoins and this will allow users to have Gold Stablecoin tokens securely and anonymously in their wallets. Yes, anonymous, with blockchain users can own Gold Stablecoins anonymously where people or even the government will never know the identity of Gold Stablecoin holders. So Gold Stablecoin is the safest digital gold ever.

Gold Stablecoin User-Friendly Interface

Users can make transactions quickly and securely on the interface provided by Gold Stablecoin. This interface is specially designed to facilitate the trading of users. Here users can buy or sell Gold Stablecoins quickly and securely. The Gold Stablecoin team designed this interface so that it can serve many user transactions, and therefore convenience is the most important thing about Gold Stablecoin. With this convenience offered, users can navigate more easily on Gold Stablecoin.

Features provided by Gold Stablecoin

By claiming to be the best crypto-based digital gold, of course, Gold Stablecoin must provide various features that can make it get the title. One example of the features of Gold Stablecoin is that investing in Gold Stablecoin doesn’t require high fees, users don’t need to rent a vault, pay for security, or anything like that, users just need to have an Ethereum wallet and that’s it. Users can store their Gold Stablecoins securely in their wallets without fear of being hacked. But not only low cost, there are several other features of Gold Stablecoin:

  • Privacy: users can safely store Gold Stablecoins in their wallets and it will remain anonymous, so the user’s identity will never be exposed.
  • High Liquidity: users can trade whenever they want on Gold Stablecoins. They can buy or sell their Gold Stablecoins today or tomorrow, or anytime, and don’t have to worry about liquidity.
  • Secure: users will be able to send their Gold Stablecoins or receive them securely as it is based on Ethereum ERC-20.
  • No Transfer Fees: users will not be charged fees for their transactions. Gold Stablecoin will not charge fees for how much the user transaction.

GOLD Token

Gold Stablecoin launched its token under the name GOLD which is a utility token type and this will be the main token going forward. GOLD is a token that will have a lot of functionality, especially on the Gold Stablecoin platform, later users who hold GOLD tokens are entitled to be able to use this token for long-term investments, transactions with other users, etc. The plan is that Gold Stablecoin plans to distribute GOLD tokens through a marketplace that can be easily accessed by users.

In Summary

Gold Stablecoin is a platform that launches the best digital gold ever in the crypto market. By being built using blockchain technology, users will be able to get digital gold that is secure, anonymous, and low-cost compared to physical gold. Users don’t have to worry about renting vaults or security, because they can easily and safely store their Gold Stablecoins in their Ethereum wallets and this value will not decrease either, Gold Stablecoins will follow the global gold price.

Gold Stablecoin has the vision to be the best digital gold platform in the crypto market. With a focus on providing credible and secure digital gold, Gold Stablecoin will one day be able to achieve this vision.

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