Lyfegold or commonly referred to as LGold is the first gold commodity-based crypto asset in Indonesia that operates on ERC20 technology. The ERC20 network, ecosystem, and proven technology maturity will make it easier to accelerate the development and adoption of LGold in many areas. This means, Lyfegold allows you to buy and sell stable and reliable gold-based crypto assets.
Uniquely, if you have LGold, you can exchange these crypto assets into SNI certified precious metals, you know! All you need to do to exchange your LGold is by visiting the LyfeGold website, and filling out the exchange form and the LGold exchange fee only. Besides that, you can also send gold to practically anyone!
Even the precious metals can also be sold on the physical market, you know! Based on pure gold, the reference price corresponds to 24 carat purity. So, the price of 1 LGold token is equivalent to 1 gram of physical gold. Therefore, the price of the Lyfegold token will automatically move according to the movement of the physical gold market price.
For those who are still confused about where physical gold is stored, here it is! For every LGold crypto asset sold in the market, LGold will be securely stored by LyfeGold’s custodial partner! So, you don’t need to worry, huh!
Well, as you know, gold has been recognized by the whole world as a safe haven asset that is protected from inflation. This proves that gold has purchasing power.
For this reason, Indodax is here as a place for traders who want to have LGold easily and quickly. Want to have LGOLD? Come on, buy now at indodax.com and don’t forget to subscribe to our YouTube channel!