, which are commonly held at banks and other third-party institutions. Its a regular cryptocurrency, but it also has some features of stablecoins. AABB is a resource company focused on the production, supply, and sale of precious and base metals. AABBG is not a stablecoin but a hybrid cryptocurrency whose value is pegged to physical gold. Asia Broadband Reduces Total Outstanding Shares With 107 Million Share Retirement, LAS VEGAS, May 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire , Asia Broadband Receives High-Grade Assays Results for Prospective Gold Mine Acquisition in Acaponeta, Mexico, LAS VEGAS, May 25, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Asia Broadband Inc. (OTC: AABB), please note that in the second paragraph of the release, the link to access the Acaponeta-Bonanza Preliminary Geological Report is. Gold-pegged cryptocurrencies are designed in a similar way to stablecoins, but rather than being backed by fiat are backed by the value of physical gold. There are a total of 5.4 million AABBG tokens, all backed by 100% physical gold worth $30 million. We recommend that all moderators group and delineate their content into a section by adding a horizontal line to the top and bottom, and indicating at the top of the section, for example "This section maintained by [alias]". The leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. Additionally, AABBG will have the same potential for price appreciation as major cryptocurrencies, based on market demand combined with the limited supply of tokens in circulation. To buy the token, download the AABB Wallet conveniently from the Google Play Store or Apple Store, create an account, and click on "Convert.". While AABB Gold is a traditional digital asset, it has the qualities of a stablecoin. Yet gold-backed currencies are still a rare novelty in the crypto industry today. Gold serves as a hedge against geopolitical turmoil and inflation, so its hardly unexpected that investors are turning to it. AABBG is the official ticker for the cryptocurrency coin. The AABB gold token Crypto is for real, and a lot of "gold-backed" crypto projects have recently emerged, looking to play on the fact that many traditional investors would now like to hold the. Because a system connects the tokens to real gold, they are reportedly less prone to significant price changes. DigixGlobal charges a 1% fee per exchange and assumes the demurrage (shipping) fee. From Ihub's Handbook: No Moderator should be deleting or editing other Moderator's content in the iBox. For users to receive AABB Gold tokens . In addition, negotiations are ongoing to add additional concessions to the Tequila Project joint venture. It has a market cap of $1,880,988. Each token is equivalent to one troy ounce of a London Right Delivery bar of gold. Gold-Backed Tokens 101: How Do They Work? Gold Coin is available on the following exchanges: CryptoExchange.com and Goldcoin.com; it can be bought with credit and debit cards. The Acaponeta gold project is another prospective high yield asset addition in the Companys strategic expansion initiative to acquire gold production and increase the AABBs physical gold holdings. AABBs social media pages (Twitter, Reddit, and YouTube) are also a way to join the projects community. Instead, AABBG was founded by Asia Broadband Inc. (AABB). The high-grade acquisition target is located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo. In March 2021, Asia Broadband launched the ERC-20 AABB Gold token (AABBG). The Tequila gold project is another high yield asset addition within the Companys strategic expansion initiative to acquire gold production and increase the AABBs physical gold holdings. In the weeks ahead, the Company will be conducting further due diligence and continuing its negotiations to acquire this tremendous potential acquisition to expeditiously advance AABB into production and an expansion program. AABB Gold tokens (AABBG) are available on the market through this wallet system. The AABB Wallet allows users to exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange. It can only be purchased using an official AABB Wallet, and requires Bitcoin or Ethereum to make the transaction. News about AABBG: A Cryptocurrency to be backed by gold, The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. Gold-pegged tokens make it significantly easier for individuals to own gold without ever needing to store it themselves. The share retirement process has been initiated with the Companys transfer agent and is anticipated to be completed in the coming weeks. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. AABBG provides all of the same store of value and inflation hedge benefits that traditional gold provides, without the headache of dealing with the actual gold. AABB's primary goal for the token is to make it a worldwide standard of exchange that is secured and trusted with gold backing. LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that the Company is currently integrating and testing the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the Exchange) within the AABB Wallet. This reason is behind the popularity of dollar-backed coins on the market. As the world increasingly moves towards digital payments, it was only a matter of time before crypto entered the fray. There are several advantages to gold-pegged tokens: However, there are also a few disadvantages: Gold-pegged tokens are a steady asset for those seeking stability in their digital portfolio. GLC also offers an exclusive Goldcoin Wallet for any gold purchased and there are no transaction fees, making it extremely easy for investors to buy and hold their gold. Here's a good one for starters.. More links coming.in the meantime..here's some good stuff about cryptocurrency and how most of them are set up by scammers, they are worth absolutely nothing, cannot be used for anything, and cannot be redeemed. One of the fastest-growing forms of cryptocurrency in terms of popularity is a stablecoin. Gold is a universally accepted store of value. The Company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792 hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. The PayAABB solution, as the founders labeled it, will soon go live and bring new possibilities to businesses and customers. Your official stop for branded AABB and AABBG apparel & merchandise. CaptainAltcoin.com 2022 - All Rights Reserved Asia Broadband Signs Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project in Acaponeta Mexico. https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-acquisition-155700261.html Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange LAS VEGAS, Nov. 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that the Company has recorded over $1.1 million in AABBG Gold Token sales within the recent 4 week period ending November 15, in advance of the imminent launch of the proprietary cryptocurrency exchange (the Exchange). It can only be purchased using an. It then uses a unique mine-to-token gold-backing format that verifies gold assets displayed by each token. The DGX token is backed on a 1:1 ratio and has a market cap of $1,183,867. The AABB Gold token is an ERC-20 token being developed on the Ethereum blockchain. The AABB Gold token is an Ethereum-connected token that is compliant with the ERC-20 standard. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured. How Do Gold-Backed Cryptocurrencies Work? It is a popular crypto wallet choice offering several advantages, including high security, ease of use, and flexibility. Lastly, the AABB Wallet is also very flexible. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. You can currently buy Meld at BTC Markets. As the price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease. In other Company news, AABB will be releasing a progress update of the Companys proprietary cryptocurrency exchange version of the AABB Wallet that has been under development with Core State Holdings, Corp. since the recent launch of the AABBG gold-backed token. Final Thoughts: The Future of Gold Pegged Tokens, Some highly experimental projects are even creating synthetic assets that, Digital assets pose new inherent risks that the physical asset doesnt, and are also. During the transaction, investors are not required to pay any transaction fees. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. His articles cover a range of topics from NFTs and crypto gaming to upcoming projects in the crypto niche. Asia Broadbands subsidiary, Asia Metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities throughout Mexico. The Tether Gold reserves are held in Swiss vaults and investors are required to pay a small 0.25% fee per transaction. Business owners wishing to build customer loyalty and reward clients can find this feature appealing. Maximize your profits with the most competitive transaction fees in the industry! Using the secure wallet, you can transfer AABBG anonymously with one click. You can own a token with the same value as gold, without needing to physically hold gold. All transactions are private. Additionally, the Company has made arrangements to release more tokens . The AABB Wallet is a virtual wallet that allows you to securely store your cryptocurrencies. By using blockchain technology, the company eliminated many fees and problems associated with other gold investing methods. The token has a current market cap of $97,382,859.21. The Tequila gold project is another high yield asset addition within the Companys strategic expansion initiative to acquire gold production and increase the AABBs physical gold holdings. *Now availableinAABB Wallet App foriOS and Android. As a hybrid cryptocurrency, AABBG has a peg with actual gold, differentiating it from a traditional stablecoin. , where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. Generally, the BCGateway will stimulate transaction growth by allowing for reduced blockchain gas fees for all currencies and increases in speed of deposits, withdrawals, and internal transactions. EFFORCE Price Prediction 2023 2025 2030 | WOZX Price Forecast, Qredo Price Prediction 2023 2025 2030 | Qrdo Price Forecast, BEPRO Network Price Prediction 2023 2025 2030 | BEPRO Price Forecast, Nimiq Price Prediction 2023 2025 2030 | NIM Price Forecast. No deposit fees! AABBG tokens represent one tenth of a gram of gold. With actual gold as its backing, AABB Gold is a popular Asia Broadband digital asset of choice. Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits. This type of token enables traders to move money around without worrying about volatility. AABB will rely on two revenue-generating streams: transaction fees and the token's market-demand-driven price appreciation. Accept payment to your website or online store in crypto with our Merchant API. AABB management is exhilarated with the Acaponeta project for its potential for rapid development, high production and low operating costs and anticipates completing an acquisition agreement in the very near future. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. AABB management and the development team are excited in anticipation of the approaching Exchange launch. Currently, the price of gold is around $1,900. Tether built its reputation as one of the most popular stablecoins. Due to its link with gold, AABBG may grow in price following events in the crypto and precious metals markets. As the Insurtech industry continues to evolve rapidly, As a Webflow agency, weve had the privilege of working with different web development People might not be aware that YouTube is a great platform not just Whos Making Real Money in Edtech? 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