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Silver Token news
About Silver Token
What Is XAGx Silver Token?
XAGx Silver Token is a stablecoin backed by real physical silver. Developed by NEOMO Technologies & Trading LLC, it operates on the Avalanche C-Chain blockchain network. Each XAGx Silver Token is equivalent to one ounce of silver and is indexed to the silver price displayed on the Bloomberg terminal panel.
XAGx Silver Token offers users physical silver ownership at affordable costs. Physical silver is tokenized with the XAGx Silver Token. In other words, it has gained a digital form.For each XAGx Silver Token physical silver is stored banks and safes. In this case, those who own XAGx Silver Token will be investing in physical silver.
Thanks to XAGx Silver Token, people who want to invest in silver are not subject to physical limitations. Being able to own silver digitally makes it easier to access and use silver. The storage problem that occurs when silver is purchased or wanted to be purchased physically and the limited supply problem in its channels ends with XAGx Silver Token. Additionally, with its physical value and potential to reduce volatility, users can act much more decisively and safely in the cryptocurrency markets.
XAGx Silver Token can be bought, sold, exchanged, stored and transferred safely on cryptocurrency exchanges 24/7 . Thus, silver becomes constantly traded all over the world.
Who Are the Founders of XAGx Silver Token?
XAGx Silver Token was created by NEOMO Technologies and Trading LLC, a Georgia-based technology company.
Focusing on developing innovative financial solutions and operating in the field of trade, NEOMO has combined its expertise in technology with its trading activities. Thus, it aims to provide unique solutions to its customers and enable them to gain competitive advantages.
NEOMO, which has gained expertise in the tokenization of real-world physical assets with the aim of going beyond traditional financial systems, carries out studies to bring a more accessible and flexible investment experience to the whole world. In addition to the tokenization of physical silver, it also guides investors in preserving their assets with the solutions it offers regarding the storage and security of this digital silver.
What advantages do I have with XAGx Silver Token?
XAGx Silver Token holders benefit from an investment backed by real physical silver. The tokens offer high liquidity, low transaction fees, and 24/7 accessibility. Additionally, you can take advantage of staking and liquidity mining opportunities for extra earnings.
In addition to owning silver, which is considered a value investment , XAGx Silver Token offers a number of advantages to users as it is a digital asset. These are as follows:
Accessibility: Being accessible 24/7, it allows silver to be accessed from anywhere at any time. Thus, users can instantly buy, sell, store, transfer, and even exchange silver for digital assets.
Stability and Reliability: Considering silver as a financial asset that maintains its long-term value, its digital form can be used as a safe haven to protect against volatile conditions in crypto markets.
Instant Price Index: Thanks to the fact that XAGx Silver Token is indexed to the silver USD price per ounce, investments can be adjusted instantly.
Transparency: Each XAGx Token minted and burned can be tracked on the blockchain network. Additionally, the functioning of these processes is shared with the public.
No Buying Restrictions: XAGx Silver Token can be bought even as much as 0.000001 ounces of silver. This removes the limit on silver access.
Secure Storage: It minimizes the risks associated with storing individual physical silver with superior security storage methods.
High Liquidity: It allows instant buying and selling with stable price movements.
Collateral: Each minted XAGx Silver Token is collateralized by physical silver and is kept in the bank and safe of the token owner company.
With all these advantages, XAGx Silver Token offers great comfort and a safe structure to investors by reducing the difficulties in accessing and storing physical silver.
How is the price of XAGx Silver Tokens determined?
The price of XAGx Silver Tokens is indexed to the global price of silver. Each token is equivalent to the USD price of one ounce of silver. The token price is updated in real-time based on the global market price of silver.
The live Silver Token price today is $28.00 USD with a 24-hour trading volume of $130,354 USD. We update our XAGX to USD price in real-time. Silver Token is up 0.49% in the last 24 hours. The current CoinMarketCap ranking is #3418, with a live market cap of not available. The circulating supply is not available and a max. supply of 250,000 XAGX coins.
If you would like to know where to buy Silver Token at the current rate, the top cryptocurrency exchanges for trading in Silver Token stock are currently BitMart, and ICRYPEX. You can find others listed on our crypto exchanges page.