Safe digital currencies for long-term storage. If you’re a beginner and want to store digital coins, you should use BTC, BNB, and ETH. There’s also PAXG gold.🤑🤑
How to trade gold on the Binance platform:
1. *PAXG / USDT* - this is the best. Every 1 PAXG = 1 real ounce of gold stored in London vaults, and you can exchange it for real gold if you have a large amount.
2. *XAUT / USDT* - same idea as the Tether company.
Their prices are the same as the global gold price. If gold is 2650$ per ounce, you’ll find PAXG at 2650$.
Requirements for trading gold on Binance:
*1. You must have USDT*
You can’t buy gold directly. You need to transfer USDT via P2P first, and then buy PAXG with it.
*2. Minimum purchase amount*
You can start from *5$ only*. So you don’t need to buy a full ounce. For example, you can buy 0.002 PAXG.
The difference between gold and Bitcoin BTC on Binance:
- Bitcoin moves 2% - 5% per day.
- PAXG gold moves 0.2% - 0.5% per day. Much calmer and safer for long-term storage.
How to trade gold on the Binance platform:
1. *PAXG / USDT* - this is the best. Every 1 PAXG = 1 real ounce of gold stored in London vaults, and you can exchange it for real gold if you have a large amount.
2. *XAUT / USDT* - same idea as the Tether company.
Their prices are the same as the global gold price. If gold is 2650$ per ounce, you’ll find PAXG at 2650$.
Requirements for trading gold on Binance:
*1. You must have USDT*
You can’t buy gold directly. You need to transfer USDT via P2P first, and then buy PAXG with it.
*2. Minimum purchase amount*
You can start from *5$ only*. So you don’t need to buy a full ounce. For example, you can buy 0.002 PAXG.
The difference between gold and Bitcoin BTC on Binance:
- Bitcoin moves 2% - 5% per day.
- PAXG gold moves 0.2% - 0.5% per day. Much calmer and safer for long-term storage.
