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Digital currency secured by gold? WebMoney Gold

A fundamentally new for Russia method of electronic payments and savings has emerged - WebMoney Transfer - Gold (WMG) wallets, with funds provided with gold.
Funds on WMGold wallets are provided with gold bars. To ensure the use of gold is not lower than the 995th sample (that is, 99.5% purity). WM Metals FZE (United Arab Emirates) acts as a guarantor of WMGold. In this case, the System Guarantor, under an agreement with a certified guardian company, also ensures the safety of gold bars. The sale rate of the precious metal to the System participants will be set twice a day, based on the quotes of the London Metal Exchange (morning and evening fixing).
You can buy WebMoney Gold either directly by bank transfer on the website www.metdeal.com , or through the WebMoney exchange exchange wm.exchanger.ru , and, soon, from authorized exchange offices of digital currencies.

The ratio of exchange rates within the System is carried out on the same exchange principle as before. That is, the price per unit of WMG will fluctuate in each period of time depending on the supply and demand of the System participants, just as the internal exchange rate of other currency equivalents is established - WMR, WMZ, WME and so on.

The main site on the topic is the WM Metals FZE (UAE) Guarantor website - www.metdeal.com .
It contains all the necessary information about the Guarantor, the rules for buying and selling gold and WMG e-currency circulation, the list of bars stored by the Guarantor, with their numbers and purity, and the gold quotation rate on the London Metal Exchange.

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Source: https://habr.com/ru/post/12436/


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