Ethereum - Purchasing Gold From Global Marketplace
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.
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