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What is a list of gold-backed cryptocurrencies?

avatarS BinarDec 29, 2021 · 3 years ago4 answers

Can you provide me with a comprehensive list of cryptocurrencies that are backed by gold?

What is a list of gold-backed cryptocurrencies?

4 answers

  • avatarDec 29, 2021 · 3 years ago
    Certainly! Here is a list of some popular gold-backed cryptocurrencies: 1. Tether Gold (XAUT): Tether Gold is a stablecoin that represents one troy ounce of gold on a one-to-one basis. 2. Paxos Gold (PAXG): Paxos Gold is an ERC-20 token that is backed by physical gold stored in vaults. 3. DigixDAO (DGD): DigixDAO is a decentralized autonomous organization that tokenizes gold on the Ethereum blockchain. 4. Perth Mint Gold Token (PMGT): PMGT is an ERC-20 token backed by gold held by the Perth Mint in Western Australia. Please note that this is not an exhaustive list, and there are other gold-backed cryptocurrencies available in the market as well.
  • avatarDec 29, 2021 · 3 years ago
    Sure! Here are a few gold-backed cryptocurrencies you might find interesting: 1. GoldCoin (GLC): GoldCoin is a digital currency that is backed by physical gold reserves. 2. AurusGOLD (AWG): AurusGOLD is a token that represents ownership of 1 gram of 99.99% LBMA-approved gold. 3. HelloGold (HGT): HelloGold is a mobile app that allows users to buy and sell gold-backed tokens. 4. KaratGold Coin (KBC): KaratGold Coin is a cryptocurrency backed by gold certificates. Please note that the value of these cryptocurrencies may fluctuate based on the price of gold.
  • avatarDec 29, 2021 · 3 years ago
    Of course! Here are a few gold-backed cryptocurrencies you might want to consider: 1. Tether Gold (XAUT): Tether Gold is a digital asset that is fully backed by physical gold. 2. PAX Gold (PAXG): PAX Gold is an Ethereum-based token that represents one fine troy ounce of a London Good Delivery gold bar. 3. DigixDAO (DGD): DigixDAO is a decentralized autonomous organization that allows users to purchase gold-backed tokens. 4. Perth Mint Gold Token (PMGT): PMGT is an ERC-20 token that represents ownership of gold stored in the Perth Mint. Please note that the availability and performance of these cryptocurrencies may vary.
  • avatarDec 29, 2021 · 3 years ago
    Sure thing! Here's a list of some gold-backed cryptocurrencies you might be interested in: 1. Tether Gold (XAUT): Tether Gold is a stablecoin that is backed by physical gold. 2. PAX Gold (PAXG): PAX Gold is an ERC-20 token that represents ownership of physical gold. 3. DigixDAO (DGD): DigixDAO is a platform that allows users to buy and sell gold-backed tokens. 4. Perth Mint Gold Token (PMGT): PMGT is an ERC-20 token that is backed by gold stored in the Perth Mint. Please note that the value of these cryptocurrencies may be influenced by factors such as the price of gold and market demand.