How to purchase gold on the blockchain with the digital gold project

I am delighted to present before you the amazing opportunity to invest in gold,as we all know,gold is one of the oldest and most trusted investment,it’s as old as man itself,it’s very scarce to have,also its scarcity is part of the reasons why it’s very expensive and lucrative. Many experts have advised us to keep some of our wealth in gold and we need to heed those advice but many do not know how to go about it and the digital gold project is the best solution to all those problems.
The digital gold offers people all over the globe,the opportunity to be able to purchase gold in almost any quantity and at almost anytime.

Before we talk about the digital gold project,we will like to discuss some topics and how they affect the project.

The Lebanon,Argentina currency crisis

I believe that you are current with the happenings in many nations,three of the most notable ones are those of Lebanon,Argentina and most saddening that of Venezuela. The inflation happening in these nations is very worrisome and the citizens of these nations have lost almost complete faith in their nations currency

The question that is seeking an urgent answer is “to which currency or asset should citizens of these nations turn to ?”

The banks are buying gold
Another thing that is of note is the fact that many central banks around the globe are amassing gold in proportions that seem to make previous years accumulation a joke. The figures or numbers are there for all to see.

If the custodian of a nation’s currency seeks refuge in gold,then there must be something noteworthy in investing in gold.

Experts buying gold
Ray Dalio one of the most successful hedge fund managers was once quoted to say,that “People should buy gold”, Robert Kiyasoki is also of the same school of thought,in his words “Gold is God’s Money”.

And you might be finding it appealing to purchase some gold for yourself but there might be some problems that may confront.

The problems of buying gold

There are some problems that confront users who intend to buy gold today,they range from the ability to decipher if what one intends to buy is actually original or authentic,another challenge is how accessible is gold to the common man,can one buy gold in the most private and secure manner,can one securely store gold,how about the cost and problems that comes with custody etc.
Access : A report says that over 70% of Americans have never seen gold,the challenge now is “can almost anyone buy gold”. another challenge is “can they buy it any time and anywhere ?”.
Privacy: One is constrained most of the times to submit KYC documents because of the underlying asset that they seek to buy. In the world of government and other agencies constantly spying on us,privacy is increasingly becoming a concern.
Security : Can you safely store gold in your house or some vault,what is the cost of such custody such one undertake such venture by themselves. How about using a bank or a third party as a custody solution.
Portability : Another challenge is that of portability,the more amount you have the harder it is to move around and in the case of change of location,it becomes increasingly difficult to transport without the fear of been robbed or attacked.
Seizure : Venezuela not your key not your gold. Recently a judge in the UK ordered that Venezuela cannot access its gold that it deposited with the UK,here is a nation that has invested its resource to purchase gold and now currently face economic woes restricted from an investment it intends turning to for succour,such situation is deplorable. It has shown that in the case of any situation whatever anyone can lose ownership of the gold they bought and kept with third party custodians

So you might be asking what are the solutions,we will describe the digital gold project and the various solutions its offers to the problems we have described so far
The digital gold project is an initiative that has tokenize gold and make it available to everyone everywhere. The token represents one gram of actual physical gold,the minting of a gold token is backed by a corresponding physical gold that is backing its value. Through tokenization,the concepts of fractional ownership is made realistic to users,you are no more restricted due to your financial status,you can own an amount of the asset which in this case is gold.

The digital gold token solution

Access : One is not restricted by laws,borders,financial status or any barriers to purchasing and keeping ownership of gold. Gold is now tokenized on a 1:1 ratio,it’s easily transferable and fluid. One can simply burn any amount from various exchanges that sell the digital gold token or just buy it directly from the digital gold marketplace. You do not have to leave your home to be able to buy gold anymore. The ease of purchase makes this project a wonder.
Privacy : You are covered as far as privacy is concerned,Know Your Customer procedures are not needed as far as purchasing the token. You can do everything from the comfort of your wallet. Thanks to the anonymity that cryptocurrencies offer,you can simply buy gold from the company’s website without even needing to register on an exchange,you simply fill the amount you need,send either Ethereum or Bitcoin to the amount provided and fill in the ERC-20 address that you intend to receive the gold tokens.
Security : As far as security is concerned,it’s as secure as the blockchain. The token is a smart contract that resides on Ethereum the second most secure and used blockchain after bitcoin and as long as hackers or criminals do not get access to the private keys that unlocks your wallet,they cannot steal your gold tokens.
Custody : as it concerns custody,you are your own custodian. You can safely store your gold in your wallet without needing the help of third party custodians. Another benefit is that no one can order the seizure of your gold

How to purchase the gold tokens

You can purchase the gold token from a number of reputable exchanges like Cryptex, Livecoin, Bitforex,the digital gold marketplace

visit the gold token marketplace : https://gold.storage/en/market

How to store your tokens

It’s not advisable that you store your gold tokens on an exchange,you can simply buy these tokens from the exchanges or even the digital gold marketplace and transfer the coins to your wallet,it is supported by all ERC-20 compliant wallet and the list includes metamask, myetherwallet,Enjin Wallet,TrustWallet etc.

Learn more

https://gold.storage/en/home
https://twitter.com/gold_erc20
https://t.me/digitalgoldcoinWebsite