How To Add Gold To Your Investment Portfolio With Elitium?
Elitium exists to create value.
There are no limits to how we do that. If we think a client like you can find value in owning gold, we will add it to our platform.
And that’s precisely what we’ve done. We’ve integrated the ability to invest in gold into the Elitium dashboard. Meaning you can buy it, earn it as cashback, or exchange another currency to — and from — real gold bullion.
It’s a significant step towards allowing you to create a fully diversified investment portfolio in a single decentralized ecosystem.
Let’s look at how the setup works.
The Safest Way To Own Gold
Gold is a safe-haven asset.
That said, some ways of owning gold are safer than others. When you invest in gold with Elitium, you get PAX Gold (symbol: PAXG).
PAX Gold is a digital token. And every token is backed by one fine troy ounce of solid, allocated, physical gold. The gold in question is London Good Delivery gold bar, stored in Brink’s ultra-secure vaults (you can even find details about the gold you own by looking up its serial number).
The table below illustrates how PAXG offers the safest way to own gold today: outperforming both ETFs and futures.
As well as being better than holding the physical asset itself.
If the above table is information-overload, let’s boil down the details into five simple benefits of owning PAXG.
5 Reasons To Own PAXG
Here are five reasons PAX Gold is the safest way to invest in gold.
1.Low Minimum Investment
You can buy as little as $20 worth of gold using PAXG. Your purchase settles almost instantly. And thanks to the fact it’s an ERC-20 token, you can store PAXG in any Ethereum-compatible wallet and trade it on most exchanges.
2. Low Cost
PAXG costs nothing to store, while its fee structure is one of the most competitive you’ll find: transaction fees are an ultra-low 0.02% — with redemptions of tokens costing between 0.03 and 1% based on volume.
3. Own Real Gold
PAXG is the only digital token you can redeem for real gold bullion bars. Head to any physical gold retailer and get your hands on real gold (or request the dollar equivalent if that’s your preference).
4. Highly Trusted
Paxos acts as the trust company and custodian of your physical gold. The New York State Department of Financial Services regulates the trust, with monthly audits confirming the appropriate level of underlying gold storage.
5. Flexible
People appreciate the benefits of owning gold. But that’s not to say you’ll want to own it forever. With PAXG, it’s easy to convert gold to fiat in physical retailers or another digital asset on crypto exchanges.
Elitium is rapidly growing the number of assets you can invest in — which is crucial to allowing everyday investors to build a truly diversified portfolio.
If you’ve ever considered investing in gold, buy some today with Elitium.
Diversify your portfolio: buy Gold in the Elitium dashboard.
