Buy Gold Standard in Australia easily using a peer-to-peer (wallet-to-wallet) trading platform like Elbaite cryptocurrency exchange.
To buy Gold Standard (AUS) in Australia, simply:
1 - Get an Ethereum wallet:
Since Gold Standard is an ERC20 token, you need an Ethereum wallet to purchase it. This is where you will store your purchased Gold Standard. You can get a free online wallet or purchase a hardware wallet. Elbaite is a non-custodial exchange. We do not hold your Gold Standard in a centralised wallet, meaning you are free to use any crypto wallet of your choosing.
2 - Find an offer from a trusted seller on Elbaite cryptocurrency exchange:
Elbaite connects trusted sellers to trusted buyers. Find an offer on Elbaite at a price and amount you would like to buy.
3 - Pay for your Gold Standard purchase:
Pay the agreed amount using your bank account. On Elbaite you can pay using OSKO/PayID or mobile banking to the Elbaite escrow bank account where it is kept safe until you receive your Gold Standard in your wallet. The seller will never know your banking details, keeping your data private.
Gold Standard (AUS) is an asset backed ERC20 cryptocurrency. Each AUS token represents 1 gram of pure Gold Bullion already stored in Reserve Vault, audited by PKF and insured by the world's leading insurer, all within Australia. This revolutionary token was created by Ainslie Wealth, part of one of Australia's largest bullion dealers, established in 1974.AUS tokens were created by Ainslie Wealth for both Gold investors and crypto traders alike. Firstly, AUS tokens gives you access to the most efficient and cost effective method to purchase real Gold Bullion. Tokens can be redeemed for the bullion backing them or Ainslie Wealth accepts AUS tokens as a form of payment for any bullion of your choosing. Also, these tokens can be exchanged with other cryptocurrencies such as Bitcoin or Ethereum. Ainslie Wealth believe this may be an attractive alternative for cryptocurrency traders looking for an asset backed stablecoin or a safe haven option.
Why buy Gold Standard (AUS) with Elbaite cryptocurrency exchange? Elbaite is the first non-custodial wallet-to-wallet Australian cryptocurrency exchange.
Unlike other Australian crypto exchanges that hold your cryptocurrency in their own centralised wallets, Elbaite's wallet-to-wallet trading means that your Gold Standard is not held by us at any point. This is a safer and more simple trading process, giving you greater control and freedom over your cryptocurrency!
How do I store my Gold Standard (AUS)? There are many Ethereum-based wallet options you can explore when it comes to safely storing your Gold Standard, including using hot and cold crypto wallets. Conducting your own research is crucial to keeping your Gold Standard safe.
What are Hot Wallets?
Hot wallets are crypto wallets that are connected to the internet. They offer better accessibility which simplifies more frequent trading. However, they offer less security against hacks and fraud incidents.
What are Cold Wallets?
Cold wallets are crypto wallets that are not connected to the internet. The two main types of cold wallets are paper wallets and hardware wallets such as Trezor and Ledger wallets. Cold wallets are a popular option for those who value security, or for traders holding Gold Standard as a long term investment.
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