GLD Coin
GLD Coin emerged in the blockchain finance world as a leader of gold value storage and exchange, even though crypto markets are generally volatile.
With GLD Coin, owners can expect the value of the coin to always remain equal to the price of 1 gram of pure gold.
Gold, being one of the best forms of hard assets provide hedge against inflation, gold-pegged GLD Coin can add great value such as liquidity and ease of transfer between users securely using blockchain technology.
GLD Coin offers all advantages of ownership of physical bar of gold while avoiding the drawbacks associated with physical gold, such as high cost of storage and insurance, challenging transport, and limited liquidity and accessibility.
Historically, gold has been sought after as a “safe haven” compared to other assets like stocks or real estate. That’s because even during economic downturns, gold retains its value and liquidity. In fact, gold often moves inversely to big swings in the stock market, hence allowing you to diversify the risk of your other investments.
However, physical gold investment comes with an ongoing risk of theft, so it’s wise to keep your gold bars and coins in a safer and more protected place, like a bank safe deposit box. The fees to store and ensure the precious metal can add up to a large amount and detract from your investment gains. Also transporting physical gold is challenging and, most importantly, physical gold is relatively illiquid compared to other forms of investment.
GLD Coin is a stablecoin that uses most innovative digital blockchain technology to provide a digital representation of physical gold ownership. It’s algorithm works to maintain GLD Coin’s price stability on a 1:1 basis of one fine gram of gold, providing security and stability, appealing to those wary of the volatility often associated with cryptocurrencies. This technology offers owners of GLD Coin all advantages of ownership of physical bar of gold while avoiding the drawbacks associated with physical gold, such as high storage cost, challenging transport, and limited liquidity and accessibility.
Mission
GLD Coin’s Mission is to create a digital currency that maintains a stable value, pegged to 1 gram of pure 9999.9 gold, offering price stability by reducing volatility compared to traditional cryptocurrencies, enabling faster and cheaper transactions, especially cross-border, and combining transparency and security with stable value. GLD Coin is effective inflation hedge, offering a way to preserve wealth in unstable economies. We strongly believe in regulatory compliance, always aiming to meet regulatory standards for user trust.
Using the Ethereum network with Layer 2 scaling solution transactions occur within seconds and have near zero gas fees.
GLD Coin encryption and security measures ensure compliance with AML/KYC regulations, protect transactions through monitoring tools like Chainalysis and Onfido, maintain reserve transparency, safeguard assets with insured banking partnerships.
Spreads range from 25% to 50% depending on the dealer. Our markup is always $10 per coin to cover operating costs.
Security Guarantee
Bitcoin, Ethereum, and GLD Coin use state of the art blockchain technology to process and record transactions securely. This technology makes it possible to ensure transparency and protect the financial information and identity of crypto buyers and sellers. It is a decentralized, and runs on a distributed public ledger, a record of all transactions updated and held by currency holders, that securely records transactions across a network of computers, ensuring the validity and ownership of each cryptocurrency unit, like Bitcoin or Ethereum or GLD Coin, without the need for a central authority to manage it.