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The gold is 100% your legal property, and is fully insured in Swiss vaults.Vaultoro is ideal if you prefer to park your crypto gains in gold instead of cashing out into a fiat currency. This is a current list of gold-backed cryptocurrency.The gram of gold is stored by a trusted custodian (preferably third party), and can be traded with other coin holders.At a minimum the price of the coin will always equal the current gold rate.The idea of a gold digital currency has always had an appeal for those looking for an alternative payment system.Not long after the internet went mainstream E-Gold emerged as first digital currency backed entirely by gold in 1995.You can merge any amount of precious metals into a single Airgead Coin, and you can actually see what your Airgead Coin is merged with. Name: Cyronium (CYRO) Location: Jakarta, Indonesia. Website: Cyronium is a gold-backed crypto from Indonesia.
Some of the cryptocurrencies listed here don’t detail how they store and account for gold either, so proceed with caution.There are fewer tokens offered at this point, and they are often sold at a discount which helps the project pay for the expenses of the launch. Website: Gold Fin X (GFX) provides financing to Artisanal Small Gold Mines (ASGM) worldwide and gets in exchange of share of their production.Name: Golden Currency (PGCT) Location: Singapore Website: goldencurrency.world Golden Currency plans to be first global private currency on blockchain, both paper and electronic, 100% backed by gold. The first production of gold will be delivered by Q2 2019, and will accumulate as well as stored indefinitely to back the value of the Gi X coin. Website: Gold Vein is a blockchain platform for investment in gold mining.For any issues please contact the founder of the project Mikhail Pimulin by email pimulinm [at] gmail [dot] com, or any messenger 79100085987. Ag Au is fully decentralised ownership of cryptocurrencies 100% backed by physical and allocated gold and silver.1 Ag Au Gold token = 1 g of LBMA Gold, and 1 Ag Au Silver token = 1 g of LBMA Silver.Now with blockchain technology established as a secure accounting method, and with Bitcoin becoming better known to the general public, a new era of gold-backed cryptocurrency is emerging.There is a proverbial (and literal) gold rush happening now in the crypto world, and even countries are looking to issue their own gold-based cryptocurrency. A token or coin is issued that represents a value of gold (for example 1 gram of gold equals 1 coin).At its peak, millions of people around the world were using this service until it was shut down.Other attempts to make a digital gold currency were also made, but this was before the age of Bitcoin and blockchain technology.An Initial Coin Offering (ICO) is how a new cryptocurrency raises money for its startup.A token is given a set rate, and there maybe bonuses for early buyers.