What does “cryptocurrency backed by  gold” mean?


When creating such a cryptocurrency, the tokenization of physical metal takes place.
An investor, buying such an asset, receives a certain amount of gold, which is in the depository.  And the ownership right is transferred through the blockchain, i.e. the precious metal is physically stored in a safe place, and the investor manages the tokens.

Buying tokens such as, for example, GDIT helps to avoid additional costs associated with logistics, storage and taxes.

At the same time, they can be freely converted into physical metal and vice versa, which gives you the opportunity to earn income not only from the increase in the price of gold, but also from the crypto activists themselves.

Back to News

Get access to new opportunities