Hello friends!
Today I want to talk about the gold token. In this post, I will explain what the advantages of a gold token are and also explain why you should buy and hold this token in terms of investment. There are some very important points about this project that we will explain in the following. Some of these points are very interesting and provide a good justification for buying and maintaining this currency.
So stay with me until the end of the article
Explain the problem
On the other hand, the cost of converting cash to gold is high. Many countries impose heavy taxes on buyers and sellers of gold. This means that many of the attractions of buying and selling gold are lost and deposited in the state treasury as a tax.
The next issue is the disclosure of the identity of the gold owners. Gold owners, especially those with significant gold reserves, try to remain anonymous in order to maintain the security of their assets and tax evasion.
So in buying and selling physical gold we have three basic problems and we have to find a solution to these problems.
1- The issue of security
2- The issue of privacy of individuals
3- The issue of taxes and expenses resulting from sales and purchases
So we have to find a solution to these problems that we can overcome. What is the solution?
Explain the solution
Digital Gold is a token on the ETH network that has been verified for security, anonymity and speed. As respects that the digital gold tokens are offered on the ETH platform, buying and selling them can be unlimited and done at a very low cost. On the other hand, no tax is levied on this sale. Transfers on the ETH network are very fast.
The token also ensures that the amount of gold stored matches the amount in addition; the gold token can be converted to other types of digital currencies. This allows you to easily increase your gold volume if you are interested in trading digital currencies. You can also convert your other coins to gold when the market falls.
All these activities and transactions are done easily in the ETH platform, while to keep your physical gold, you have to find a reliable source and on the other hand pay storage costs. Storing gold at home or at work also greatly increases the risk of keeping it.
The stability of the tokens creates the advantage that these tokens can even be used to convert other coins such as bitcoins and so on. Because ETH smart contracts have been used to store, distribute, and match tokens and gold reserves in secure rooms.
so, digital gold tokens solve the problems by:
1- Eliminating taxes by eliminating intermediaries
2-Ensuring security by secure rooms
3- Ensuring privacy by using ETH network.
Conclusion
In this article, we examine three important problems in buying, selling and keeping gold. These problems included security, shipping costs, and anonymity for traders. It showed how digital gold tokens can solve problems such as taxation, security and anonymity. If you want to keep your property safe, be sure to use this token.
sourcess
Site: https://gold.storage/en/home
White paper: https://gold.storage/wp.pdf
Telegram: https://t.me/digitalgoldcoin
BTT profile: https://bitcointalk.org/index.php?action=profile;u=298521