Digital Aurum is a digital token that uses the abbreviation “DAU”, equivalent to 1gr 995/1000 purity gold. The word Aurum means gold in Latin, and “Digital Aurum” means “digital gold”. The total of all DAU tokens are kept in the vaults as physical gold with a purity of 995/1000. If a total of 5000 DAU tokens are generated, a total of 5000 grams of gold must be in safes. If you have DAU tokens, you have the same amount of gold. Information about ” What is the Digital Aurum (DAU) and what are its advantages?” is in rest of the article.
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What is the Digital Aurum (DAU) and what are its advantages?
Since DAU is an ERC-20 token on the Ethereum platform, you can store your DAUs in your Ethereum wallets and transfer them whenever you want. You can buy or sell DAU tokens 24/7. As DAU tokens are traded on the blockchain like Bitcoin, they can be transferred, split into very small pieces, and traded. DAU tokens have no custody fees and their transfer fees are very low.
The ratio between the DAU token and the physical gold stored in secure vaults is 1: 1. You can instantly track the stored physical gold amount on the blockchain. You can also follow all the transfer transactions made. When transferring DAU tokens, you make a very low amount of ETH payment on the Ethereum network, except that no commission is charged for the amount of DAU you send.
For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency