VIRTUAL GOLD

VIRTUAL GOLD is a digital cryptoasset which is 100% backed real physical gold and ETF that can be used as an instrument for payment, shielding risks, and investment tools by companies and individuals.

VIRTUAL GOLD is a viable CRYPTO ASSET solution for

  • investors
    and
    Traders

  • Payment for services
    and goods

  • RUNNING
    an
    ICO

1VIRTUAL Gold= 1OUNCE OF GOLD LBMA

VIRTUAL GOLD FEES

  • Action
    Fee
  • Buy VIRTUAL GOLD for FIAT
    LBMA + 5%
  • Sell VIRTUAL GOLD for FIAT
    LBMA + 3%
  • Total fee for FIAT -> VIRTUAL GOLD -> FIAT
    2%
  • On-Chain transaction fee
    0.30%
  • Demurrage/management fee
    0%
  • Redeem gold bars
    This depends on the country and the weight of the gold. A calculator would be installed later.

Key features

Cryptoassets VIRTUAL GOLD combine the advantages of of fiat money with precious metals.

  • Fast

    Fast

  • Familiar

    Familiar

  • Stable

    Stable

  • Transparent

    Transparent

  • Low commisions

    Low commisions

VIRTUAL GOLD INVESTMENT CASES

The investor can make a trust management smart contract deal with Itradegold company
which gives an avenue to acquire VIRTUAL GOLD with a special discount.

1.REAL GOLD OPERATIONS

A smart loan agreement is used to transfer aVIRTUAL GOLD cryptoasset from its owner to the company's trust management. The company runs trading of the asset, buying of physical gold and selling them out for melting.

2.Loaning

VIRTUAL GOLD cryptoassetsare transferred to the company's trust management by the owner using a smart loan agreement. Itradegold uses Custody Bot to lend to parties at the same time.

VIRTUAL GOLD SECURED LOANS

Gold secured loans

VIRTUAL GOLD can be used as collateral to secure a cryptocurrency or fiat loan. Applicants for the loan will have to undergo the KYC procedure. Members who have VIRTUAL GOLD will receive Itradegold partner banks credit cards coupled with VISA and MasterCard systems.

SHIELDING risks

Crypto traders, investors, and enthusiasts can shield the risks of keeping their assets in a high volatile crypto market environment by moving their savings to cryptoassets VIRTUAL GOLD.

Employees and importers can shield the risk of expensive money transfers and the volatility due to market instability.

Hedging risks