Cryptocurrency exchange OpenLedger has added gold-backed crypto-token DigixDAO asset (DGD) to it’s listing of supported tokens. Now, users tin terminate merchandise DGD for ether, bitcoin as well as all other digital assets supported past times OpenLedger. Disclaimer: This article was provided past times Bitcoin PR Buzz. BAN is non affiliated amongst the firms represented past times Bitcoin PR Buzz as well as is non responsible for their products and/or services.
DGD is branded every bit “a gilt touchstone of cryptocurrency.” Each token is “hedged against a specific total of existent gilt stored inwards the company’s [DigixGlobal] reserve.”
The crypto-token industrial plant similar whatsoever other cryptocurrency, enabling users to transact inwards “digital gold” across the DigixDAO platform. Each DGD token represents ownership over 1 gram of existent gold, which has been recognized every bit a reliable shop of value for centuries. Furthermore, each token is “highly divisible,” which CCEDK says volition let people “to purchase as well as transact every bit less [sic] every bit one-thousandth of a gram of gold.” The DigixDAO platform charges a a 0.13% fee on each DGD transaction, as well as users tin terminate redeem their tokens for the equivalent inwards gilt on demand.
DGD money trading launched on Apr 29, 2016, as well as currently tin terminate alone hold upwardly purchased amongst ether, the token fueling the pop Ethereum platform.
CCEDK says that that DGD is a “perfect fit” for its OpenLedger exchange,” since DGD trading is made possible on OpenLedger’s platform specifically designed for Ethereum-based assets.
Although DigixDAO currently uses OpenLedger’s Ethereum Assets listing characteristic for the DGD coins, it plans to independently listing the tokens every bit DGX on OpenLedger inwards the future.
About OpenLedger
OpenLedger is a decentralized fiscal crypto-platform created past times CCEDK, a well-known Danish cryptocurrency exchange. It allows users to covert bitcoin to fiat pegged SmartCoins which tin terminate as well as thus hold upwardly withdrawn inwards multiple ways. OpenLedger is powered past times Graphene blockchain technology, based on BitShares 2.0 MIT License.
About DigixDAO
Digix is an Ethereum based decentralized platform for gilt backed peer-to-peer digital assets. The platform leverages upon Ethereum smart contracts as well as InterPlanetary File System hypermedia distribution protocol to facilitate the creation of transferable crypto assets on the blockchain.
Learn to a greater extent than nearly Digix platform at: https://dgx.io Trade DGD amongst ETH, BTC or whatsoever other cryptocurrency at: https://openledger.info Users tin terminate too merchandise DGD amongst whatsoever cryptocurrency they similar on OpenLedger’s innovative platform
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