Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
AurusX (AX) is an Ethereum token limited to a total supply of 15 million that powers the Aurus Ecosystem, a decentralized network of precious metals-backed tokens.
What are the benefits of AurusX?
AurusX (AX) tokens are scarce and represent a stake in the Aurus ecosystem. With a limited total supply of 15 million tokens.
Where Can You Buy AurusX?
AurusX can be bought from various Aurus partnered exchanges with multiple fiat and crypto trading pairs available.
Aurus, the company behind AurusX (AX), was founded in 2018 and provides the software, network and blockchain infrastructure for global precious metals businesses and financial institutions to merge with the future of finance, in the form of DeFi and Web3 applications. The Aurus platform empowers a global network of precious metals providers, vaults and dealers to autonomously tokenize physical gold.
Aurus is setting out to create a more inclusive and efficient precious metals market - democratizing access to gold for retail and institutional investors alike.
The Aurus Ecosystem
The Aurus Ecosystem is a highly scalable, self-sustaining global network of precious metals providers, vaults and distributors that interact with the Aurus blockchain platform to independently mint and distribute precious metals-backed tokens globally.
Value proposition and the pain point that Aurus solves:
B2C - Previously, the only way to invest in precious metals involved buying from a bullion dealer for a premium and paying storage fees, or through an ETF. While ETFs provide price exposure, they do not represent ownership of physically allocated metals and cannot be redeemed. Aurus leverages blockchain to allow for: 24/7 trading; fiat/crypto exchange listings; peer-to-peer transfers; instantaneous settlement on all transactions.
B2B - Aurus doesn’t compete, it collaborates with traditional precious metals industry players, providing access to high-tech products, a huge addressable market, and passive revenues. Aurus empowers bullion dealers to offer new and innovative digital products and execute frictionless instant settlements, enabling them to expand into new market geographics and demographics, and to access new recurring revenue streams (instead of one-off premiums).
The live AurusX price today is $0.065000 USD with a 24-hour trading volume of not available. We update our AX to USD price in real-time. AurusX has no change in the last 24 hours. The current CoinMarketCap ranking is #2587, with a live market cap of $185,503 USD. It has a circulating supply of 2,853,891 AX coins and a max. supply of 30,000,000 AX coins.