From Gold Bars to GCOIN
Unlike most cryptocurrencies, a GCOIN token is a digital title of ownership to 99.99% pure physical gold that is stored in secured and independently audited Swiss vaults.
There are of course a number of ways to hold gold, for example as physical bars or indirectly as investments in mutual funds or exchange traded funds (ETFs), but GCOIN tokens bring gold into the digital age and allow customers to purchase gold in fractional denominations, in the form of GCOIN.
Moreover, the one-to-one link between GCOIN tokens and physical gold offers a unique opportunity for users to buy and sell, a digital title to gold, with 100% ownership of the underlying physical asset which can offer new and existing customers an opportunity for portfolio diversification.
GCOIN, the ticker symbol on the CrossTower U.S. platform, is now available for trade in US$, BTC, and ETH pairings.
Understanding The Roots: Responsible Gold
GCOIN operates on a custom built, third generation blockchain – the QOS Blockchain – that issues public ERC-20 tokens. This provides a trusted ecosystem for a faster, Anti Money Laundering (AML) and Environmental, Social, and Governance (ESG) compliant medium of exchange.
Paving The Way With Gold
As the digital world continues to evolve, so does the opportunity to expand beyond more traditional asset classes. G-Coin has the potential to support customers in that endeavor.
- US Dodd Frank s. 1502 conflict minerals / OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict- Affected and High-Risk Areas