oldDigital Gold — new stablecoin of GOLD in crypto world.

Today we will talk about stable currencies, stablecoins. There are a lot of similar coins, coins that are pegged to the dollar, to the euro. They were created in the cryptocurrency world due to the fact that other coins are too volatile, and stablecoins have a more stable rate.

But today I will tell you about a stablecoin, which is even better than all the stablecoins we are used to ( USDT, USDC ).

Before I start telling you everything, let me introduce you to why you need stablecoins in the cryptocurrency world.

Why do we need stablecoins?

Stablecoins are a more reliable alternative for residents of countries with weak economies. They provide the necessary stability. It can be difficult for citizens of these countries to buy dollars, but with reliable internet access, they can purchase USD-pegged stablecoins like USDT, TrueUSD.

If you want to keep your money in a stable asset until you decide where you can invest your money, then these stablecoins are for you.

You keep money there and the rate of these coins will not jump so sharply up or down.

This is all great, the rate of these coins will not jump like that, but as in ordinary fiat currencies, your money will burn there from inflation, you cannot avoid this.

That is why today I will tell you about the project — Digital Gold and its GOLD coin, which is stable gold, which makes keeping your funds without the risk of losing money due to inflation.

Detailed project overview, coins.

Project Digital Gold is a cryptocurrency project that was created on the Ethereum blockchain, a project that sells real gold through the GOLD cloud tokens.

GOLD token this is a project token, through which the entire process of investing in gold passes.

GOLD token is exactly what you need to purchase gold and store it digitally with complete anonymity and guaranteed protection of your assets from high volatility and loss of value.

Stablecoin structure:

ADVANTAGES OF DIGITAL GOLD:

— HIGH LIQUIDITY
— NO TRANSFER FEES
— LOW COST
— PRIVACY
— SECURE

• HIGH LIQUIDITY — the project provides high liquidity in the market, you can sell your coins at any time.
• NO TRANSFER FEES — there are no fees for transfers within the system.
• LOW COST — minimum costs for storing gold.
• PRIVACY — storing cloud gold you do not need to provide your own data to the project.
• SECURE — each token has a maximum attachment to physical gold, so there is no doubt about the safety of the project.

Amount of physical gold stored can be verified at any time — https://gold.storage/audits.

GOLD token price.

You can find out the cost of the GOLD token on the official marketplace or here:
https://coinmarketcap.com/currencies/digital-gold/

So, let’s see the bottom line, why is the GOLD token the best stablecoin?

The first and most important thing is a stablecoin, which is tied to gold, the coin does not depend on any other markets, the price of a coin depends solely on the price of real, physical gold.

Since gold is not subject to inflation, this GOLD token is also not subject to inflation, which is probably the main advantage over ordinary fiat stablecoins.

If you analyze the price of the GOLD token over the past 2 years, you can see that the price of the token is only growing up, yes, it is growing slowly, but the price is constantly increasing slightly.

Of course, you will not be able to make money here on speculation, but you will succeed in saving your money here during the crisis in the stock market.

Conclusion

In the article I talked about the project — Digital Gold. This project has made a new stablecoin, which is better than all conventional fiat stablecoins.

This is something new in the cryptocurrency market and I think that you can make good money on this, because the price of the coin is constantly growing, invest now, you will not lose money on this investment, you will not earn much, but you will definitely save money from inflation.

Social Media of project:

Official web-site — https://gold.storage/
Twitter : https://twitter.com/gold_erc20
Telegram : https://t.me/digitalgoldcoin
Steemit : https://steemit.com/@digitalgoldcoin
Youtube : https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ/
Reddit : https://www.reddit.com/r/golderc20/
Medium : https://medium.com/@digitalgoldcoin

Author of blog:
@yaroslav2302