Launched in November 2022, ONS Gold Token (ONSG) is an asset-backed token redeemable 1:1 for 1 ounce of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and is indexed to the price of ounces of gold. For each ONSG created, an equivalent amount of physical ounces of gold is held as collateral in the company's reserves. ONSG provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike gold transaction limits in the market, there are no minimum transaction limits for ONSG transactions. ONSG transactions are executed instantly and any amount of ONSG tokens can be converted to fiat currencies, ensuring quick and efficient transactions. ONSG is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for ONSG tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical ounces of gold to its reserves for each ONSG token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between ounces of gold and ONSG is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of ONSG tokens from circulation when needed, ensuring a balance between ONSG and the ounce of gold. Thanks to this mint-and-burn mechanism, the price of ONSG is always in equilibrium with the price of the physical ounce of gold.
Daily trade volume is 1,371,918 TRY.
The Token Teknoloji A.Ş. ONS Gold price today in TRY is 166620. Through the Token Teknoloji A.Ş. ONS Gold price history, the price ranges from 170,160 TRY (all time high) to 66,626 TRY (all time low). Token Teknoloji A.Ş. ONS Gold price last 24 hours fluctuated from 169,655 TRY (24h high) to 164,319 TRY (24h low).
Check the Token Teknoloji A.Ş. ONS Gold value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.token.com.tr/rezerv-tokenlar/ons-gold-onsg/
Forums: https://linkedin.com/company/tokencomtr
Token Teknoloji A.Ş. ONS Gold live price may differ in various exchanges. Check ONSG real-time data to make informed decisions.
You can buy Token Teknoloji A.Ş. ONS Gold on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell ONSG at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Token Teknoloji A.Ş. ONS Gold trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Token Teknoloji A.Ş. ONS Gold and trade with REVENUEBOT in less than a second.
In short, only if the current value of Token Teknoloji A.Ş. ONS Gold will be less than the value of Token Teknoloji A.Ş. ONS Gold at the moment of selling in the future. The Token Teknoloji A.Ş. ONS Gold chart can only assist the Token Teknoloji A.Ş. ONS Gold value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Token Teknoloji A.Ş. ONS Gold value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the ONSG supply. Check the Token Teknoloji A.Ş. ONS Gold live chart to see the current supply and predict how long it will take for the coins to run out.
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