I just have a small question... Since Gold token is 100% backed by physical gold which is stored in the vault; that is 9,200 token representing 9,195 grams of physical gold.
What happens when someone or a group of people decide to buy more than 9,200 Gold tokens. Let say someone has over $1M worth of BTC and decides to buy Gold tokens worth that from your market?
Dear Bitcoin_Arena,
If you want to buy a big sum of GOLD though our marketplace you will see the maximum amount you can buy there. Right now you can buy GOLD for 3.7BTC. More amounts can be found on some exchanges. But it is not possible to buy more than 9200 GOLD tokens atm. If the most part of GOLD tokens will be sold we will mint more tokens and add more gold to the vault.
Regards,
Support Team @ Digital Gold
https://gold.storage