Gold Stablecoin: Investing in gold has become easier, can it be trusted?

CP-Projector
4 min readMay 22, 2023

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For thousands of years, humans have used gold as jewelry to beautify themselves. Gold is considered a valuable asset and can be used for trading. Even in ancient times, gold was also used as currency for daily transactions, this is because gold is quite difficult to find and makes it valuable in society. Today, gold is no longer used for transactions on a daily basis, but more than that it is used to back up a country’s economy. Gold is used to back up the currency and can be used for investment by people. Because it is quite valuable and the price tends to be stable, it is not surprising that many people use gold as their long-term investment asset.

The emergence of Gold Stablecoin

Gold Stablecoin is an Ethereum-based token that has the same properties as gold but is launched using the Ethereum blockchain technology which is clearly more secure and can be transacted freely globally. Here users can invest in a secure stablecoin that can be stored in their Ethereum wallet easily and securely, without the need to pay fees or other fees, or bother to carry it physically. Gold Stablecoin will be a representation of physical gold which will be digitally traded on the internet and it will be accessible to everyone without exception, even when they only have a few dollars they can buy Gold Stablecoin tokens and invest without any problems.

Gold Stablecoin User-Friendly Interface

To be able to meet the needs of users for investments and transactions using gold online, Gold Stablecoin is designed to be a stablecoin that is safe and can be used by everyone easily. The interface of the Gold Stablecoin marketplace is designed with the convenience of the users in mind. It will make it easier for users in terms of navigating and trading Gold Stablecoin tokens. In just a few clicks users can buy or sell their Gold Stablecoin and it will all be done within a few minutes.

Features provided by Gold Stablecoin

Gold is an investment asset that is very suitable to be held for a long time. Due to its nature which tends to be stable and free to trade globally, many people choose to buy gold as their investment asset. But there are situations where someone needs gold which is easier and safer to use online without the need for KYC or various other complicated things. And that is provided by Gold Stablecoin as a platform that launches stablecoins that can be used by users on the internet and it is built using secure and flexible blockchain technology. But not only is it built on secure and flexible blockchain technology, there are several other features of Gold Stablecoin:

  • No Transfer Fees: users will not be charged any transfer fees for the Gold Stablecoin tokens they send, they will only be charged Ethereum network fees and it is quite affordable.
  • Low Cost: users don’t need to spend more money to invest in Gold Stablecoin. They can store Gold Stablecoin tokens in their Ethereum wallet freely.
  • High Liquidity: users can trade Gold Stablecoin on the marketplace freely and they don’t have to worry about the liquidity of Gold Stablecoin.
  • Privacy: users can hide their investment in gold with Gold Stablecoin as it is a token stored on the blockchain which is anonymous and does not allow identity tracking.

GOLD Token

Gold Stablecoin launched their native token with the name GOLD which is a utility token type to be a token on the platform and outside the platform. GOLD is a token that will have the same functionality as gold which can be used for various needs for users. Later Users who hold GOLD tokens are entitled to be able to use these tokens for long-term payments or investments to be able to get profits in the future. The plan is for Gold Stablecoin to distribute GOLD tokens through a marketplace that can be accessed by all users without the need for registration or KYC.

In Summary

Gold Stablecoin is a platform that intends to make gold easier to use online for investment and transactions through the Ethereum network. Functioning as an investment and transaction, Gold Stablecoin will be transacted easily by users from their Ethereum wallet and they will not be charged fees for this transaction, only network fees and it’s quite affordable. Users can send their GOLD tokens to whoever they want and they don’t have to worry that it can’t be sold, because Gold Stablecoin ensures that there is sufficient liquidity for user trades.

Gold Stablecoin has a goal to become a stablecoin that will be able to provide security and convenience to investment and gold transactions online. With a focus on convenience and an anonymous Ethereum network, Gold Stablecoin will become a reliable asset for users when it comes to investing in gold.

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