Edelcoin - stable payment token backed by metals

BITFOREX LISTING

Edelcoin (EDLC) is listed on BitForex.com. This move marks a major milestone for Edelcoin, enhancing its visibility to global traders and underscoring BitForex's dedication to supporting diverse digital assets.

More information about Edelcoin (EDLC): https://edelcoin.com

What is EDELCOIN (EDLC)?

Edelcoin (EDLC) is a payment token issued in Switzerland that is backed by a basket of pre-existing precious and basis metals. The Edelcoin (EDLC) basket is structured to be less volatile than single asset-backed tokens, providing a stable or low volatile store of value, detached from inflationary fiat currencies, independent from monetary policies. The Edelcoin (EDLC) token will be issued as ERC-20 Token on Ethereum, blockchains followed by additional EVM compatible chains and traded on centralized and decentralized crypto exchanges.

Each Edelcoin (EDLC) is collateralised by pre-existing metals, stored for the sole purpose of backing up the Edelcoin (EDLC). Each Edelcoin (EDLC) has an excess reserve of backing metals, in total corresponding to 125% of the actual metals backing up each Edelcoin (EDLC). The reserve of backing metals will be regularly independently verified and disclosed.
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Questions & Answers

What is a stablecoin and how does Edelcoin (EDLC) qualify as one?

A stablecoin is a digital asset backed by a physical asset. Edelcoin (EDLC) is backed by a basket of precious and base metals.

How does Edelcoin (EDLC) differ from other stablecoins like USDT, USDC, and DAI?

Edelcoin (EDLC) isn't pegged to fiat currency, and its reserve is fully disclosed, not invested, and always exceeds the pair by a factor of 25%.

What rights do I have as a holder of Edelcoin (EDLC)?

You can co-own the commodities reserve, transfer your Edelcoin (EDLC), sell it on recognised exchanges, and redeem it against the associated metals.

What factors influence the value of Edelcoin (EDLC)?

Edelcoin's (EDLC) value depends on the valuation of its backing metals, determined by independent institutes.

What are some potential risks associated with acquiring Edelcoin (EDLC)?

Risks include digital infrastructure disruptions, regulatory changes, illegal activities, loss of wallet access, and depreciation of backing resources.

What’s NEXT?

Edelcoin (EDLC) is launched in July 2023. It is available for purchase and exchange.
Meanwhile you are welcome to visit Edelcoin’s website, follow our social network nodes and share it with your beloved friends and families.
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