XGold are able to provide users with a phyical cryptocurrency wallet containing purchased XGold tokens as a service, enabling investors to easily purchase and store XGold easily.
XGold can be stored on a memory stick, or cold wallet allowing the holder to be confident around it's security with the full backing of allocated gold bullion, audit, and insurance.
XGold are able to send purchased tokens to an ERC-20 compatible wallet, or XGold compatible exchange quickly and easily.
New tokens are minted upon successful purchase and bullion deposit in our secure vault, registered users can request to mint a new token at any time using bullion spot price plus a 30c minting fee to cover bar and other costs.
The minting portal is due to launch in Q2 2019 allowing institutional investors, fractional bullion investors, exchanges, and other users direct access
Existing tokens are able to be redeemed by anyone holding an XGold token directly through any partnered exchange, any peer to peer transaction, or directly through the redemption portal.
The XGold redemption portal allows any registered client to arrange to directly collect their gold bullion from the vault, or arrange to send anywhere globally via insured courier. The XGold redemption portal is expected to launch Q2 2019