Gold and Silver backed cryptocurrency on Elbaite

Our most exciting new coin announcement yet!

1. Gold Standard (AUS) and Silver Standard (AGS) listed

We are excited to announce that you can now buy and sell Gold Standard (AUS) and Silver Standard (AGS) tokens on Elbaite.

Gold Standard (AUS) and Silver Standard (AGS) tokens are an asset backed ERC20 cryptocurrency. Each AUS and AGS token represents 1 gram of their respective Bullion already stored in a Reserve Vault, audited by PKF and insured by the world’s leading insurer, all within Australia. That is, each AUS token represents 1 gram of pure Gold Bullion and each AGS token represents 1 gram of pure Silver Bullion.

2. Ainslie Wealth joins Elbaite’s trader community

To support the trade of this new token on Elbaite, we are also excited to announce that Ainslie Wealth will be an official registered user on Elbaite. Which means you can buy AUS or AGS tokens directly from Ainslie Wealth. You will also have the freedom to sell your AUS or AGS tokens to Ainslie Wealth through Elbaite trading platform with zero commission fees.

Ainslie Wealth is a part of Ainslie Bullion; which is one of Australia’s leading gold & silver bullion dealers, since 1974. Ainslie produce and sell their own range of gold and silver bullion, offering world class products at ‘local’​ prices.

3. More information on AUS and AGS

These revolutionary tokens were created by Ainslie Wealth, part of one of Australia’s largest bullion dealers, established in 1974.

“an attractive alternative for cryptocurrency traders looking for an asset backed stablecoin or a safe haven option.”

Ainslie Wealth

AUS and AGS tokens were created by Ainslie Wealth for both Gold or Silver investors and crypto traders alike. Firstly, AUS & AGS tokens give you access to the most efficient and cost effective method to purchase real Gold or Silver Bullion. The tokens can be redeemed for the bullion backing them or Ainslie Wealth accepts the tokens as a form of payment for any bullion of your choosing. Also, these tokens can be exchanged with other cryptocurrencies such as Bitcoin or Ethereum. Ainslie Wealth believe this may be an attractive alternative for cryptocurrency traders looking for an asset backed stablecoin or a safe haven option.

What do you think? Share your opinions with us below in the comments.

For further information regarding AUS and AGS tokens go to their official website.

Elbaite is the cryptocurrency exchange designed for Australian traders seeking safety, security and simplicity. Make an account today to start your Gold or Silver investment journey!

Disclaimer: The information on this website is purely for information. Elbaite is not a financial adviser, and nothing stated here is to be taken as financial advice. You should seek independent legal, financial, taxation or other advice relevant to your financial situation before making any investment decisions.

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