OEX International and Puregold.sg Partner For First Crypto Exchange Accepting Physical Gold (PGG)
OEX International Will Be Accepting PGG Pairing
According to a press release OEX International Pte Ltd has been working with Puregold.sg in order to be the first cryptocurrency exchange around the world accepting PGG (Physical Gold).
The exchange will be offering the pair as a medium of transfer. The company believes that they will discover great business opportunities and possibilities. This will allow massiv value to reach companies in the blockchain world.
The first gold-backed token released by Puregold.sg Group will be empowering a next generation of e-commerce that is based on the blockchain. The PGG aims to become a stable pair on Bullion Currencies e-commerce platform and crypto exchanges. In this way it will be possible to empower the global economy.
PGG is digitalized gold and a reward that is given to PGT holders that are issued by Puregold.sg Group. Those PGG coins are stored in a secured vault and each gram of gold is registered to individual holders. That means that it will be transparent and secure for every single PGG holder.
In order to acquire PGG users need to Signup at Bullion Currencies Gold Saving Account.
It is important to mention that PGT is a utility token that can be used to offset transaction fee when holders decide to transact using the Gold commerce platform.
The press release reads as follows:
“By pairing with PGG (Physical Gold), gold-backed token, it provides cryptocurrency exchange members an option to purchase PGG (Physical Gold) through our Bullion Currencies PG-Pay mobile platform, so they can instantly transfer PGG (Physical Gold) directly to the cryptocurrency exchange with the price set in LBMA gold price.”
The Headquarters are located in Singapore as the Gold Trading Hub and are expanding the Bullion Currencies payment gateway networks to other countries such as Malaysia, Vietnam, Indonesia, Hong Kong, China, USA and South Korea.
The company says that they are inviting agents and other virtual currency exchanges to pair with PGG and expand the Bullion Currencies. The exchange will be enrolled as as agent and they are able to recruit merchant or oher individual members. Important rewards rewards are given back to the Agents and PGT holders.