Digital Gram of Gold Backed by Physical Gold
Gram Gold Token (GRAMG) is a collateralized stablecoin running on the Avalanche (AVAX) blockchain, and its price is indexed to physical gold.
GRAMG
GRAMG Gram Gold
The Cryptocurrency ofGram Gold
GRAMG is produced by Token Teknoloji. For every GRAMG produced, PAXG is held as collateral on the blockchain. In other words, GRAMG is a stablecoin collateralized by PAXG, another blockchain product. Gram Gold Token (GRAMG) aims to make gold more accessible to everyone.
Trade 24/7
Gram Gold (GRAMG) is a digital asset that can be traded 24/7.
Traceable on Blockchain
All GRAMG transactions can be tracked on the blockchain.
1:1 Gold Exchange
Gram Gold (GRAMG) holds PAXG on the blockchain as a reserve.
No Storage Cost
Unlike physical gram gold, GRAMG investors are not charged with custody, transfer, and administration costs.
Convertible to Turkish Lira
Investors holding GRAMG can convert their tokens into Turkish lira via the cryptocurrency trading platform bitlo.com.
24/7 Support
You can get 24/7 support for your token tradings to make an investment in the correct way.
How Does Gram Gold Token (GRAMG) Work?
Gram Gold Token (GRAMG)is backed by physical gold. For each GRAMG token generated, an equivalent amount of PAXG tokens is added to the reserves. Investors and traders can store their GRAMG tokens in AVAX-compatible cryptocurrency wallets.
The supply-demand balance between GRAMG and its physical gold equivalent is maintained through a smart contract. When a new GRAMG token is generated, PAXG is added to the relevant blockchain wallet as collateral, and when the amount of PAXG in the wallet decreases, PAXG of the same value GRAMG tokens are burned. Thus GRAMG token the 1 to 1 ratio between a gram of gold and a gram of gold is always maintained.
Maintaining the supply-demand balance, Gram Gold Token (GRAMG) offers investors price stability in the highly volatile cryptocurrency market.
The Advantages of Gram Gold Token (GRAMG)
Price Stability
Gram Gold Token (GRAMG) is a stablecoin that runs on the Avalanche (AVAX) blockchain. Like all stablecoins, the main purpose of the GRAMG token is to provide price stability to its investors, protecting them from sudden price fluctuations in the cryptocurrency market. But the advantages of the GRAMG token go further.
Trading without Middlemen
The GRAMG token facilitates holders’ access to real-world gold. With the GRAMG token, it is possible to execute grams of gold transactions from anywhere in the world, every day and every hour. Moreover, since GRAMG token transactions take place on a decentralized blockchain structure, there is no need for middlemen such as banks.
Peer-to-Peer Transfers
GRAMG token transfers are done peer-to-peer, meaning that GRAMG tokens can be sent directly from one wallet to another. Thus, GRAMG transactions are much faster, cost-effective and safer than transactions with physical gram gold.
Transparent Structure
Gram Gold Token (GRAMG) also stands out for its completely transparent structure. Stablecoin traders usually have to rely on the company’s statement on collateral.
Gold ETFs | Physical Gold | GRAMG | |
---|---|---|---|
Additional Fee | 19-40 bps per annum | Variable | 1 TL |
Minimum Transaction Amount | 1 share (price variable) | Variable | No |
Transaction Execution Time | T+2 | Variable | Instantly |
Instantly convertible | ✗︎ | ✗︎ | ✔︎ |
Gold ETFs | Physical Gold | GRAMG | |
---|---|---|---|
24/7 Operation | Cannot be done | Cannot be done | Can be done |
Transfer possibility | Middle | Low | High |
Property | Indirect | Direct | Direct |
Storage Cost | Low | High | No |
Accessibility | High | Low | High |
Transaction Limit (min) | Variable | Variable | 1 TL |
Frequently Asked Questions
All the answers you seek about Gram Gold (GRAMG)
GRAMG is a stablecoin that offers price stability in the highly-volatile cryptocurrency market. With GRAMG, whose price is backed by one gram of gold, you can make gold transactions 24/7 from anywhere in the world.
GRAMG is a collateralized stablecoin. The equivalent of each circulating GRAMG token is stored as a PAXG token in the corresponding blockchain wallet.
You can easily and safely buy GRAMG on Bitlo, one of the leading cryptocurrency exchanges in Turkey.
GRAMG is not a mineable crypto asset. GRAMG is issued by Token Technology maintaining a 1:1 ratio balance with one gram of gold.
Buy gram gold
- Equivalent Price to a Gram of Physical Gold
- Trading in Turkish Lira
- 24/7 Open Market
Buy Gram Silver
- Equivalent Price to a Gram of Physical Silver
- Trading in Turkish Lira
- 24/7 Open Market
Buy Gram PLATINUM
- Equivalent Price to a Gram of Physical Platinum
- Trading in Turkish Lira
- 24/7 Open Market
BUY TURKISH LIRA
- Equivalent Price to Real-world Turkish Lira
- Trading in Turkish Lira
- 24/7 Open Market