Review on Tether Gold by francis fernandez
secure access to digital gold trading
Traditional gold trading involves taking on many risks and complex situations that make it difficult to move and store it safely.
However, with the introduction of blockchain technology it is possible to access the precious metal trading business under a safe and reliable environment.
Tether Gold offers a broad spectrum ecosystem that guarantees investors and network users the security conditions to manage gold through a cryptographic protocol of an unalterable nature.
Using the Tether Gold network, users can:
Trade physical gold using the XAUt token, as a digital representation of an ounce of gold, using the London Good Delivery bar as a reference
Participate in the digital gold business globally
Participate in crypto trading with a highly popular token such as the ERC-20 and TRC-20 of the Ethereum and TRON chains
Transfer large amounts of gold digitally with total ease and strict security thanks to blockchain
Immediate availability to request refunds in physical gold or cash
Pros
- Cryptographic protocol backed by tangible gold
- Transferable to any blockchain platform from the wallet
- Allows you to encode physical gold with each wallet that supports XAUt tokens
- Facilitates global physical gold trade
Cons
- Subject to the collection of fees for conversion of gold into cash
