Digital Gold. Guide for beginners.

Insober
4 min readNov 22, 2020

In the last article I told you about the project — Digital Gold. In today’s article, I will show you in detail how to start using the project, start investing in gold through this project.

So, let’s divide this article into several parts:

  1. Brief introduction to the project
  2. Terms of use of the project
  3. How to buy/sell gold
  4. Compatible wallets
  5. Helpful information

1. Brief introduction to the project

I have already talked about this project, but still here I will say a few words about the project, its features and, in general, what it is

Digital Gold — a reliable and secure way to store gold, while being the easiest to use than other ways of investing money in gold.

The project created its own coin — GOLD.
This coin is completely subject to the affection for real gold.

Without real storage, real gold, there is no way to make a coin full of gold tied to it, because it simply won’t be backed by real gold.
But Digital Gold stores real gold in their vault and issues their own tokens, which are fully tied to this gold, which is stored in their vault.

You can check the availability of gold in the storage at any time by clicking on the link — https://gold.storage/en/audits

That’s it, I think I reminded you of what kind of project this is, which I will talk about today, and now send it further and consider what pleasant conditions for use this project provides.

2. Terms of use of the project

In addition to the ideal system, the project provides pleasant conditions for its users, after which they want to constantly use this project.

Terms for users:

  • Minimum costs for storing gold.

There is a minimum annual storage fee of 0.99% (0.0027% per day) for storage. Storage fees are automatically debited daily from the owner’s wallet using a secure, audited smart contract on the Ethereum blockchain.

  • There are no commissions for transfers of funds within the system.

No hidden fees: all transactions are free. You can make as many transactions as you want, transfer whatever amount you want, but apart from the recipient’s address, you will not be asked for anything and the commission will also not be asked to pay, because there is no commission.

3. How to buy/sell gold?

You can buy GOLD coins in three places, at the moment this is the case.

The first place is the official market of the project. The project has its own marketplace, which is a supplier of liquidity to the market, you can buy or sell GOLD coins there at any time.

MarketPlace:

Also, GOLD coins can be bought on exchanges, so far GOLD coins are traded on only two exchanges, but I think in the future this list will increase:

  1. LiveCoin:

2. BitForex:

4. Compatible wallets

The list of recommended wallets for storage and transfer of GOLD tokens is presented below.

  1. MyEtherWallet
  2. MetaMask
  3. Guarda
  4. Ledger Nano S
  5. Trezor

In these wallets you can store GOLD coins, and you can store coins on exchanges, but it is not as secure as on wallets. The wallets that I presented are highly secure, so use them and do not be afraid that you may lose your funds.

5. Helpful information

The current value of the GOLD coin can be found here:

It can also be found in the official marketplace of the project, but the purchase or sale price of GOLD tokens on the website may differ from the current price of gold, depending on market conditions:

Market — https://gold.storage/en/market

The value of this coin is constantly growing, because this coin is completely tied to gold, and gold is constantly growing, not a lot of growth occurs, but it is.

At the moment, the price is stable at the price of $ 60 per coin.

6. Last words

In this article, I showed you how easy and simple it is to start investing in gold through Digital Gold, described everything possible, told absolutely everything about this project.

7. About the creators of the project:

Website: https://gold.storage/home
Whitepaper: https://gold.storage/wp.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5161544
Telegram: https://t.me/digitalgoldcoin
FACEBOOK: https://www.facebook.com/golderc20
TWITTER: https://twitter.com/gold_erc20
MEDIUM: https://medium.com/@digitalgoldcoin
REDDIT: https://www.reddit.com/r/golderc20

Article creator:

BTT NICKNAME — Insober

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