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If you’ve been looking to invest in gold, silver, or cryptocurrency, there is a platform that can assist you with all three. That platform is called goldexchange.com, and this post will be a review of its features and offerings.
What is Gold Exchange?
Gold Exchange is a cryptocurrency exchange that manages stablecoins. It’s the largest platform of its type and allows users to invest in gold and silver at an easier rate than buying it physically.
This is done via the aforementioned stablecoins – cryptoassets tied to the value of a physical asset. This platform specifically offers gold and silver-backed coins, which is how they allow users to invest in physical bullion.
Otherwise, the exchange is a secure place to make these investments. The team behind the project has 20 years of experience working in the trading scene, and now they’re bringing that knowledge to crypto.
How Does Gold Exchange Help me Invest Easier?
Investors face a lot of challenges when trying to invest in gold and silver the traditional way. For one, they have to reveal their identities to a broker. They must pay a premium for investing this way and deal with handling the bullion. Worst of all, physical bullion must be stored, which costs even more money.
All of these hoops can be offputting to a new investor looking to get involved with precious metals. This is where Gold Exchange comes in.
This platform’s offering allows users to invest in gold and silver without hassle. Investors simply need to sign up with the platform and buy assets with their debit or credit card. They’ll acquire these assets almost instantly and can store them in a secure wallet provided by the platform.
By buying this way, investors can preserve their anonymity. There are no know-your-customer (KYC) or anti-money-laundering (AML) policies here. The platform is secure enough to not have to worry about that.
Also, if you’re a new investor without much to spend, this is the only way to invest in fractional amounts of gold and silver. With Gold Exchange, you can purchase, say, 0.005% of an ounce of gold. Of course, you can add to that investment later on as you wish.
The goal here is to increase accessibility within the crypto and physical asset space.
Alongside buying and selling, you can trade these assets on the platform as well. The exchange offers profit and stop loss features to automate your purchasing. That way, if an asset ever falls hard, you can set the platform to automatically sell before you lose money. There are also buy stops and buy limits you can implement as well.
What’s the Difference Between Gold Exchange and a Traditional Crypto Exchange?
A traditional cryptocurrency exchange lists anywhere from a few dozen to a few hundred crypto assets. They require users to sign up while revealing their identity and are often limited in terms of payment options.
That and these platforms are a bigger target than most for hackers due to their wide asset variety. If you’re a newer crypto investor or only want to worry about gold and silver, these platforms might overwhelm you.
Of course, if you’re looking to invest in the volatile nature of Bitcoin and other cryptos, a traditional exchange will be better for you. Otherwise, Gold Exchange is the best option for you – especially if you’re new to the world of precious metals.
Overall, the platform is a solid entry into the stablecoin space. It offers a secure way to get involved in both crypto and precious metals and makes the signup process a breeze.