How and where to buy Perth Mint Gold Token (PMGT) crypto coin
The Pmgt cryptocurrency is tough to purchase, due to the shortage of exchanges that list it. Only one exchange with 4 pairs: PMGT/SGD, PMGT/AUD, PMGT/NZD and other. More information, including pairs, price prediction and fees read above.
Where to buy Perth Mint Gold Token
Step 1You need an account with a cryptocurrency exchange that supports Pmgt coin. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Independent Reserve | 0.5 / 0.5 | MEDIUM | Yes | $62 |
Buy or transfer with peer-to-peer trading one of this coins: USD, AUD, NZD or SGD.
Step 3Switch to spot on exchange and type the coin name in search form. Choose between available trading pairs, then set order and push Buy PMGT button.
Congratulations!
Once you press buy, the Pmgt will be available on your account on the cryptocurrency exchange. Please be advised that only transferring your coins off trading platform to cold wallet, you help better protect your purchase. This not just scale down your risk if your cryptocurrency exchange or account gets hacked, but if you move to separate crypto wallet, your Pmgt turn into protected assets. Only downside is generally have to pay a small fee to move your coins off of the cryptocurrency exchange.
What is Perth Mint Gold Token
Perth Mint Gold Token (PMGT), launched in October 2018, is an ERC20 token developed and issued by Trovio (formerly InfiniGold). Each unit represents 1 fine troy ounce of physical gold securely stored in The Perth Mint's central bank grade vaults. PMGT is transferable peer to peer, and enables a smart contract proving your title of gold held at the Perth Mint. PMGT is 100% backed by gold held and stored in The Perth Mint’s central bank grade vaults, where the weight and purity of every ounce is guaranteed by the Government of Western Australia. This makes PMGT the first gold-backed token on a public blockchain whereby the physical gold is government guaranteed. As PMGT is a tokenised version of GoldPass certificates backed by physical gold held in The Perth Mint’s inventory, the issuance of PMGT can seamlessly scale up to billions of dollars’ worth of tokens. Free of recurring storage or management fees, PMGT offers institutional investors a competitive alternative to traditional gold products, with the additional benefits of real-time 24/7 trading, a cryptographically secure instant settlement enabled by blockchain technology, and fewer intermediaries.
Video Review
Perth Mint Gold Token (PMGT) Explained Simply
Statistics and Externals
Term of hash algorithms doesn't apply in case of Perth Mint Gold Token blockchain. The blockchain was built by developers from Australia.
Price and supply
The current total supply is 1.2 thousand, with a circulating supply of 0 PMGT as of Nov 2024. The max supply in the lifetime of the Perth Mint Gold Token is 217.
The price of Pmgt cryptocurrency is $1887.4886 as of 09:28 AM. The price went down on 0% over the past 24 hours. The recent price action left the token's market capitalization at 2.2 millions USD. So far recent 30 days, the Pmgt coin has a change of 0%.
FAQ
What cryptocurrency exchange can I buy Perth Mint Gold Token cryptocurrency?
Pmgt can be bought from 1 trading platform. The list includes: Independent Reserve.
Is Perth Mint Gold Token coin a good investment?
The Pmgt cryptocurrency has a high risks of value drop. Because of high volatility of all cryptocurrency market you should understand: you can lose all of your invested funds, any cryptocurrency has a possibility price to crash to zero and learn the risks before you start trading. Aside from that investing in cryptocurrencies is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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