Post
Topic
Board Tokens (Altcoins)
Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold
by
GOLD_official
on 11/11/2019, 09:04:34 UTC
Let me tell all about the GOLD token exchange for real gold. We do not have any demand for such a service now, that’s why we do not provide it.

For example, you have 10 GOLD tokens worth $500 and you want to exchange them to the real gold. Our company should pay around $200-300 for taking gold from the vault and deliver it to your place. If the service is claimed, then the overhead costs will certainly decrease. You will pay another $ 50 for delivery, and possibly some taxes, customs clearance, etc.

Instead of all these difficult procedures, you can instantly sell GOLD tokens for $500 and immediately buy physical gold ALREADY IN YOUR country, without paying for its delivery, customs clearance, etc.

This is what we had in mind, saying that theoretically, the exchange of the GOLD token for physical gold is possible, but in practice, this service is not so relevant now.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)