Post
Topic
Board Tokens (Altcoins)
Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold
by
tmfp
on 03/11/2019, 11:45:32 UTC
...each token is linked to a physical amount of gold?...

Yes, it is and it was already explained a couple of times in this thread.


You cropped/misunderstood the question. I know each token is supposed to represent 1g of gold, that's my point about liquidity provision.
Liquidity provision is easy with non linked tokens but, say there is a large sell order with no buyers, are GOLD going to absorb that selling and its cost themselves?

All these exchanges you mentioned were already known, so it has to be some other exchanges.

What do you mean? You asked

....
Anyways, great progress Digital Team, only it would be great to know which exchanges listed Digital Coin token GOLD and if you are also a liquidity provider for the GOLD token there?

The answer I gave, based on a visit to their website and a quick search, was a list of the four exchanges they refer to here
Quote
We listed GOLD on four exchanges already
and Bitforex will make five.

Quote from: wwzsocki
Digital Gold is a liquidity provider for the GOLD token on actually listed exchanges which are accepted by the team and additionally they provide Marketplace where you can buy or sell GOLD tokens 24/7.
Als already explained in the thread:

Yes, I understand how tokens are bought and sold. Liquidity provision is something else.