Actually, what I really like about stable GOLD coin is about being backed by physical gold. I already explain in my own my threads here* what exactly "backed by gold" means. Meaning if you invest on the project and buy some gold tokens, you actually bought some physical golds and you don't need to be worry about the price. Because, gold is the safe haven. Almost one of the best investing options for long-term investment.
* https://bitcointalk.org/index.php?topic=5246240.20
Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 54. (Read 31850 times)
It nice to see you guys making different opinions which will make the project to be notice and love by more crypto investors/enthusiasts with the high expert and experience level of Gold team i believe they will do the right thing at the required time cause their achievements so far is excellent.
I prefer using the marketplace but theres no way coinmarketcap abd coingecko will add the project marketplace as an exchange despite the ease to use part of it and what they can do is add the function of the marketplace in "About Digital Gold" area through the request of the project team.
I was suggesting it so that it's easier to track the daily volume trade of the GOLD Token since most of the exchanging is done in the marketplace. Maybe we should have a few stats next to the price information in the marketpace, like
- 24 hour volume of the Gold Token
- 24 hour high and low of the Gold Price
Coinmarketcap and CoinGecko show exchanges with a volume and trading actiivity. 4 other exchanges on which we are listed recently are inactive, including other tokens. You can check this with any other token and any other small exchange. If the trading volumes of this token on this exchange are small, they disappear from CoinGecko and Coinmarketcap. If the trading volume of our token increases after some time the token will fall into the list of CoinGeko and Coinmarketcap.
Regards,
Support Team @ Digital Gold
https://gold.storage
How about Gold Storage Marketplace? It's also an exchange (well for GOLD Token and BT and ETH, right?Regards,
Support Team @ Digital Gold
https://gold.storage
Is it possible to include it on coinmarketcap and coingecko among the Markets for Gold Token?
it is very easy to sell ( and buy ) gold , also very good for beginners
1. go to the Gold website https://gold.storage/en/home
2. you click on the button marketplace
3.if you want to sell gold set the button to gold
4.then you can decide if you want to get btc or eth
5. you then enter your BTC or eth address in the field , you must accept the terms and conditions and confirm the action
then you wait a few minutes and the transaction is done. and voila...now you have btc or eth on your wallet
and just as easy it is to buy gold
1. go to the Gold website https://gold.storage/en/home
2. you click on the button marketplace
3.if you want to sell gold set the button to gold
4.then you can decide if you want to get btc or eth
5. you then enter your BTC or eth address in the field , you must accept the terms and conditions and confirm the action
then you wait a few minutes and the transaction is done. and voila...now you have btc or eth on your wallet
and just as easy it is to buy gold
Ideally, probably this could be so. But no one will ever dare to do this because of the high volatility of any coin. Yes, and all other issues related to supplies, this is a very severe headache.
Even if it's possible to get physical gold, you will have to pay a lot of money for delivery. So, if you wish to have physical gold, the best thing you can do is to buy them in gold shops.
In large amounts it'd be good to see tokens exchangeable for actual gold, it'd increase the worth attributed to this blockchain probably. For the vast majority, say 95% or more of users they will never accumulate 100k of gold tokens and have no need to exchange in this way but it would increase confidence quite likely.
How about Gold Storage Marketplace? It's also an exchange (well for GOLD Token and BT and ETH, right?
Is it possible to include it on coinmarketcap and coingecko among the Markets for Gold Token?
To be accepted to list on coinmarketcap.com, AFAIK one exchange need to satisfy a minimum daily volume (not sure how much) in consecutive period. I don't know the marketplace of GOLD can satisfy these requirements of coinmarketcap.com. Listing on big exchanges like Binance is good but as was disclosed by GOLD team months ago, the listing fee is too high and not cost-effective to consider. It is bad to see total volume on Livecoin exchange have decreased over past months. Is it possible to include it on coinmarketcap and coingecko among the Markets for Gold Token?
Coinmarketcap and CoinGecko show exchanges with a volume and trading actiivity. 4 other exchanges on which we are listed recently are inactive, including other tokens. You can check this with any other token and any other small exchange. If the trading volumes of this token on this exchange are small, they disappear from CoinGecko and Coinmarketcap. If the trading volume of our token increases after some time the token will fall into the list of CoinGeko and Coinmarketcap.
Regards,
Support Team @ Digital Gold
https://gold.storage
How about Gold Storage Marketplace? It's also an exchange (well for GOLD Token and BT and ETH, right?Regards,
Support Team @ Digital Gold
https://gold.storage
Is it possible to include it on coinmarketcap and coingecko among the Markets for Gold Token?
-snip-
The correct reason why 4 exchanges do not appear on CMC and CoinGeko is a low GOLD Token Volume and no volume at all and no trading activity.The last thing I saw a few months ago and there was still movement was Exchange Livecoin, but now there is no movement.
Volume GOLD Token on the current 5 Exchange:
1. Cryptex
https://cryptex.net/trade/GOLDUSD
2. Livecoin
https://www.livecoin.net/id/trading/GOLD_BTC
https://www.livecoin.net/id/trading/GOLD_ETH
https://www.livecoin.net/id/trading/GOLD_USDT
3. Catex
https://www.catex.io/trading/GOLD/BTC
4. CoinsBit
https://coinsbit.io/trade/GOLD_BTC
5. BitForex
https://www.bitforex.com/en/spot/gold_btc
Why doesn't DIGITAL GOLD Listing GOLD Tokens on other large Exchange like Binance or others?
Dear taufik123,
Thanks for your congratulations.
Earlier we answered that question. The listing on Binance costs $500 000. There is no sense to do that now. We listed on 5 exchanges and have our own marketplace.
Regards,
Support Team @ Digital Gold
https://gold.storage
You are right, you can use all this money to develop and bring more attention to the project, some big exchanges list Coins for free, if you continue doing a good job for sure more exchanges will be available in the future.
^ Makes sense. Thanks. Another case where it's better to save money than to use it for low tier exchanges.
Data on coinmarketcap only shows one exchange for GOLD tokens, if GOLD tokens are already listed in 5 exchanges, I think you need to update them.
Same thing on coingecko, it shows 1 exchange despite being listed on 5 exchanges. It needs to be updated.
Dear libert19,
Coinmarketcap and CoinGecko show exchanges with a volume and trading actiivity. 4 other exchanges on which we are listed recently are inactive, including other tokens. You can check this with any other token and any other small exchange. If the trading volumes of this token on this exchange are small, they disappear from CoinGecko and Coinmarketcap. If the trading volume of our token increases after some time the token will fall into the list of CoinGeko and Coinmarketcap.
Regards,
Support Team @ Digital Gold
https://gold.storage
I think that the Digital Gold team can contact Coingecko directly to update the info, don't take much time, and they should update in just a few days.
I think that the Digital Gold team can contact Coingecko directly to update the info, don't take much time, and they should update in just a few days.
While I agree that the bigger aggregators (at least CMC) may need to be notified to update, it's debatable what to do with the smaller ones.
OK, coingecko is not that small. But I see worldcoinindex doesn't seem to have GOLD at all.
Notifying most of them can be good advertising, but it is also something like doing the job of those website owners... as I said, debatable.
It's up to GOLD team decision, really. I think that other things (like bech32 integration in their marketplace) could be more important.
Same thing on coingecko, it shows 1 exchange despite being listed on 5 exchanges. It needs to be updated.
I think that the Digital Gold team can contact Coingecko directly to update the info, don't take much time, and they should update in just a few days.
Data on coinmarketcap only shows one exchange for GOLD tokens, if GOLD tokens are already listed in 5 exchanges, I think you need to update them.
Same thing on coingecko, it shows 1 exchange despite being listed on 5 exchanges. It needs to be updated.
if gold physical on the website can be take to users across continents how step by step do
You cannot change gold tokens for physical gold and I doubt there is any plan to add such a feature even in future. I also believe that there is no need to that. I don't think there is any advantage in exchanging gold tokens for physical gold.
The main purpose of Digital Gold project is to make people able to buy gold digitally using cryptocurrencies and without any need to reveal the identity.
Even if it's possible to get physical gold, you will have to pay a lot of money for delivery. So, if you wish to have physical gold, the best thing you can do is to buy them in gold shops.
if gold physical on the website can be take to users across continents how step by step do
Another growth of GOLD platform, I congratulate the owners for this newest achievement.
By the way, how about my previous proposal? I hope that it has still been in your to do list.
By the way, how about my previous proposal? I hope that it has still been in your to do list.
The real-time audit report can be found in Audits section of our website.
For the real-time audit report, can we have a real time chart? It will help people who have interests in the project have very quick overview on the growth of GOLD project.Dear tbct_mt2,
We do not consider it necessary to place such a schedule, because due to possible technical failures on either side, incorrect data can become a reason of hyping or speculation on various resources, including bitcointalk. Therefore, we provide the opportunity for each GOLD token holder or user to personally check the status of our gold reserve on the Bullionstar website using https://www.bullionstar.com/myaccount/audit and BullionStar Account number: 17081
Regards,
Support Team @ Digital Gold
https://gold.storage
Jump to: