by Ankita Tripathy Finance 30 January 2024
Bullionz is a groundbreaking new platform that was created with the mission of providing users all over the world with a simple-to-navigate gold trading system. Since the company’s conception, Bullionz has grown to become a respected industry leader, establishing global partnerships with various blockchain providers, payment service providers, governmental bodies, auditors, vaulting establishments, and shipping service providers.
The Benefits Of Digitized Gold
There are benefits of digitized gold. Lets try to understand it here so that you have a better understanding of it.
One of the core advantages of the digitized gold is its convenience and accessibility. When it comes to physical gold, you need space and arrangement for storage and security. It will enable digital gold to be bought and then sold instantly with just a few clicks. This approach is compatible with today’s business news. Moreover, you are getting the help of the user-friendly interface. It makes trading easier.
Investment in digitized gold offers high liquidity. The process of selling the gold and then extracting the funds helps you meet your immediate financial needs and requirements. It is, in a way, beneficial for your trading.
Another benefit of investing in digitized gold is financial ownership. It allows the investor to buy and then own gold in smaller quantity. It makes business feasible because you can take part in the gold market, and that too, not with physical gold. Now, liquidity denotes that investors can quickly transform their holdings into cash.
It is one of the benefits that one can enjoy with this trade. Fractional ownership also enables one to diversify with the gold sector. Here, the investors can allocate the funds across different assets.
Digitized Gold Investment Offers Transparency
One of the advantages that you have with digital gold is transparent pricing. Investors now can track down the trends in the market. It will enable them to make the most informed decisions. Now, with the transparent pricing, you ensure real-time information in the market. Transparent pricing also ensures that the investors receive fair market rates. This is where Bullionz offers a great advantage against other gold investments.
No Issue With Storage
The basic difference between physical gold and the digitized gold is that the former requires a storage spade or storage arrangement like the vaults. But using platforms like Bullionz, you can easily eliminate the storage-related complexities. It eliminates the need for the physical stores.
Risks Associated With Trading On Digitized Gold Investments
If we tell you that investing in digitized gold has all the advantages and there are no loopholes associated with it, then it would be complete misinformation. Everything on earth has its advantages and disadvantages, and thats is quite common with that of digitized gold investments.
First, with gold, there is tremendous fluctuation. Many factors are associated with it, including teh investor sentiment, geopolitical events, economic conditions, and others.
There are also risks in the regulatory landscape with the digitized gold investment. It is still involved in diverse jurisdictions. Though some countries have worked extensively on establishing clear regulations, others still lack it.
Notwithstanding these not-so-serious risks, one can not deny the fact that investing in them has all the benefits.
Service Offerings Of Bullionz
Having developed a comprehensive business model focused on providing unparalleled service, the Bullionz team of experts draw on their extensive experience in the fields of sales, marketing and compliance to provide trading solutions for all. With 10 years of experience and more than 50 employees working across 41 countries, Bullionz collaborates with more than 100 payment service providers, as well as 28 shipping service providers.
By basing its services on fully allocatable digital assets, Bullionz has developed a trading system that is not vulnerable to inflation hikes or degradation of value, providing customers with trading facilities that are physically backed by gold. Bullionz’s comprehensive, user-friendly platform makes gold trading rewarding for all.
The Bullionz platform enables users to:
- Purchase tokenized gold without incurring the problems traditionally associated with buying gold such as insurance, storage, and fees
- Leverage the power of blockchain technology, with each ERC-20 token backed by one gram of real gold
- Purchase real gold bars, bullions and coins through the Bullionz e-commerce shop
- Participate in full-scale trading of digitalized gold tokens via an intuitive platform, allowing users to tap into the liquidity of precious metals to diversify their investment portfolios
- Earn rewards by setting aside tokens to achieve passive yields based on the communal trading activities of all Bullionz users
Access To A Reliable And Efficient Means Of Buying And Trading Precious Metals
Bullionz provides users all over the world with access to a reliable and efficient means of buying and trading precious metals by investing in digital currencies backed by real gold in the form of a tokenized gold-based asset called BTXG. The company was launched with the mission of backing the trading advantages of digital currencies with the timeless worth and stability of gold.
Bullionz was founded to establish a fair and honest trading ecosystem backed up by the historicalc value and investment stability offered by gold. With registered offices in Switzerland, Bulgari, and Lithuania, Bullionz does not restrict the order amounts of its customers, although orders over US$14,999 may require additional levels of security verification.
To redeem the underlying gold underpinning each BTXG gold token, subject to minimum withdrawal requirements, Bullionz BTXG holders simply click the ‘Redeem Gold’ option on the dashboard and follow the onscreen prompts.
Established in 2023, Bullionz provides gold trading, offering a range of products, services,s and solutions that enable customers to purchase tokenized assets backed by gold to build and diversify their investment portfolios. The company’s goal is to build global collaborations with payment service providers, governmental agencies, blockchain providers, and other partners, establishing Bullionz as an acknowledged leader in the field.
Licensed by the Ministry of Finance of Bulgaria, and registered by the Swiss organization So-Fit and VASP in Lithuania, Bullionz is an LBMA-authorized ~gold investment dealer. The company offers a range of cutting-edge services to clients across the globe, including gold purchasing, exchanging, storage, and management services.