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Q: How do I open an account (wallet)?
A: Google Chrome recommended. To open an account, go to https://gold.cryptogoldwallet.com/register/0x7a2fbf54a3bbaf3cbc5858c456b5d7ea2f8e4a1b and watch the video or follow these steps:
Q: How do I log in to my account? Only way I’m getting into my account is through get can account! How do I do a standard log in?
A: To access your account on the SAME browser AND device you opened it on simply go to the link https://gold.cryptogoldwallet.com/register/0x7a2fbf54a3bbaf3cbc5858c456b5d7ea2f8e4a1b
We recommend bookmarking it. You need to enter only your password if you access it from the same browser and device.
Q: How do I access my account from a different browser or device?
A: To access your account from a different browser or device:
Q: Seeing that Ether can be used to buy Crypto-Gold Coins can Crypto-Gold Coin be converted back to Ether at any given time?
A: We are working tirelessly to enable this. Once Crypto-Gold Coin has been registered on exchanges this will be possible.
Q: Can I buy Crypto-Gold Coin from my account?
A: Yes, you can buy Crypto-Gold Coin from your account, but only with Ether.
Q: How do it put Ether into my Crypto-Gold Coin Account?
Before you can transfer any Ether to your Crypto-Gold Coin account, you need to buy some through an exchange.
Once you have your ETH you can transfer it from your exchange account to your Crypto-Gold Coin account. Your Crypto-Gold Coin account address or blockchain address displays at the top of your account window.
Q: How do I buy Crypto-Gold Coins with Ether?
A: If you are already familiar with cryptocurrencies then buying Crypto-Gold Coins from your account is very easy.
Step 1: Open your account and copy your account address from the top bar. It’s listed next to your name.
Step 2: Transfer some Ether to your Crypto-Gold Coin account.
Step 3: Select the “Wallet” menu item and Click on the little shopping cart in your Crypto-Gold Coin window.
Q: How can I use all the Ether in my account to buy Crypto-Gold Coin with?
A: You can buy Crypto-Gold Coin with all your Ether in your account and still keep enough Ether for the blockchain transaction. To do this just click SPEND ALL ETH. When the amount field populates, click BUY Crypto-Gold Coin. You can enter your password and the transaction will be processed.
Q: Am I able to buy Crypto-Gold Coin with USD?
I have an account and have purchased with ETH,
and would like to buy with an ACH transfer from my bank or a credit/debit card.
Is this possible at this time?
A: Yes you can buy Crypto-Gold Coin with your credit card and VISA/MASTER Card debit card and we do allow for a direct deposit (wire transfer) into our account.
Q: I am interested in your coins but have a few questions that I did not see answered directly on your website. Price of the coin: You state to have 100.000 oz of gold backing the coin. Given that each oz backs 100 coins, this means there are 10M individual coins in total? Will new ones be created over time?
A: No the total number of coins are limited to the 100,000oz of gold. No more or less than 10 million coins will ever be minted for the 100,000 ounces of gold.
Q: The price right now per coin is over $12 USD, correct? Will the price per token be congruent with moving of the gold price always?
A: Crypto-Gold Coin is not simply a digital representation of gold, and it is congruent with the price of gold in one sense but it is not FIXED to the price of gold. This means that if the gold price increases so does Crypto-Gold Coin, BUT Crypto-Gold Coin can also increase in price from Market premiums (like Bitcoin).
This means if the price of gold drops, this doesn’t mean Crypto-Gold Coin must drop too. In other words, Crypto-Gold Coin benefits from all the usual benefits of cryptocurrencies, but there are additional benefits that backing it with gold provides. eg. Avoiding the significant market volatility, the ability to liquidate into tangible value (gold bullion) etc.
Q: Will your physical gold reserve be expanded or diminished in the future?
A: Crypto-Gold Coin already has security over the 100,000 ounces of gold. This security is only applicable to the 10 million Crypto-Gold Coins, no more and no less.
So the gold reserve can never be reduced. We do however have future possibilities of attaining security over more gold, and thereby creating more coins.
But for now, we are only circulating the equivalent of 100,000 ounces of gold. Also, there will never be more or less gold reserve than Crypto-Gold Coin coin value in circulation.