Dear Valued Customer:
We hear you!! To meet our user’s expectation on gold-backed digital assets and gold right of delivery, BitoPro is listing PAX Gold (PAXG), Tether Gold (XAUT), Decentralized AU Currency (DEAC) all at once!
BitoPro will open trading for these trading pairs below on 24th November, 2020 at 12:00 pm (UTC+8) :
Deposit and withdrawal for PAXG, XAUT, DEAC will be enabled at the same time. We welcome users to trade!
PAX Gold (PAXG) is asset-backed token where each token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vault. If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company.
Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one troy fine ounce of gold on a London Good Delivery bar.
The XAUt token can be transferred to any on-chain address from the purchasers' Tether wallet where it is issued after purchase. Specific gold bar(s) will be associated with each on-chain address where Tether Gold is held.
DEAC (Decentralized AU Currency) is a modern gold asset offered by Gold Alles.
1 unit of DEAC represents the right of delivery on 1 Gram of physical gold. Hold adequate amount of DEAC and convert into physical gold coins or gold bars so you can get them delivered to your designated address!
Please note: Cryptocurrency investment is subject to high market risk. Investors should exercise cautiously.
BitoPro Service Team