Post
Topic
Board Tokens (Altcoins)
Merits 1 from 1 user
Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold
by
hulla
on 14/08/2020, 20:19:36 UTC
⭐ Merited by posi (1)
I have another idea for GOLD marketplace. An estimate of transaction fees on the site when people swap from GOLD to BTC or ETH and vice versa.

TxStreet.com - live cryptocurrency transaction . @wwzsocki posted it but not all people know how to check estimate fees, network transaction conditions and they will feel uncertain and worry about the unconfirmed transactions or too high fees.

If the feature can be integrated on Marketplace, it will help customers have a good summary on what might go on with their swap process and can better choose which coin to swap will help them save more fees, with better speed.

Dear tbct_mt2,

We are currently monitoring the system commissions. Now we do not make any changes in the marketplace. This is a long process due to different technical issues.

We are very grateful for any suggestions, always post them in our thread.

Regards,
Support Team @ Digital Gold
https://gold.storage
I think the marketplace supporting bech wallet (bc1) will still do a little favour concern BTC transactions.


Sorry, I didn’t mean to hurt anyone who believed in Gold token. I just wanted to be acquainted more on it because very often  speaking of gold imply the "paper" stuff rather than physical precious metal. If the  BullionStar vault really holds physical gold relevant to Cold token then it is good.
Asking question is not something bad and I believe you have every right to be curious due to the increase in numbers of scam precious metal backed project.

However the question remains why it is in the form of 100 grams ingots which are commonly used by individuals but not companies. The latter prefer 1 kg bars.
That's an official decision that should be kept or talk about base on team decision and what's important is the company is genuine and the gold in the vault is equal to the minted Gold token. However, I need you to know that Gold token was funded by the team with no initial offering, and according to my research about this project, the Bullion star vault which is the company here the Gold is kept offered only bullion saving program (BSP) to gram gold holders.