How to buy gold-backed cryptocurrency

There have been over 100 gold-backed cryptocurrency projects that have launched over the years, though many of them have not survived.

I’ve already compiled the most comprehensive guide to gold-backed cryptocurrencies, but if you are just looking for how and where to buy gold-backed cryptocurrencies, then read on.

This post lists active gold-backed tokens that are publicly trading, those that are available in private exchanges, and upcoming ICOs.

Where to buy gold-backed cryptocurrency

Like most altcoins, gold-backed cryptocurrencies are not universally listed on every exchange. In fact, you may find that your preferred gold-backed token is only available on one exchange. There are also some that are only listed on their own in-house app or exchange.

If you already know what gold-backed cryptocurrency you want, check with the official website for buying instructions. By checking with the official token website you will save time looking around on exchanges.

Most gold-backed cryptocurrencies are bought with Bitcoin (BTC) or Ethereum (ETH), so you will need a balance of those tokens first.

Binance is the world’s largest crypto exchange and is an efficient way to buy BTC and ETH. They facilitate cash deposits from multiple currencies around the world.

Coinbase is the one of the most well known sites to buy Bitcoin and Ethereum. They are ideal if you are new and just want to get started quickly. (This link will also give you $10 on your first $100 deposit.)

Here is an ongoing list of gold-backed cryptocurrencies that are available to buy.

100% gold-backed cryptocurrency

This list includes gold-backed cryptocurrencies that are 100% gold-backed (not partially backed or mixed with other assets). Each token has a fixed weight of gold (for example 1 token = 1 gram of gold).

Gold-backed Cryptocurrency	Gold Content	Where To Buy
AABB Gold aabbgoldtoken.com Symbol: AABBG	Gold: 0.1 g	Wallet aabbgoldtoken.com
AurusGOLD aurus.io Symbol: AWG	Gold: 1 g	Public Exchange CEX.IO
BlockNote blocknote.gold Symbol: BNO	Gold: 0.01 g	In-house Exchange Blockbenpay
CACHE cache.gold Symbol: CGT	Gold: 1 g	Public Exchange Bitrex Uniswap
DGLD dgld.ch Symbol: DGLD	Gold: 1 g	Public Exchange Blockchain
Digital Gold gold.storage Symbol: GOLD	Gold: 1 g	Public Exchange BitForex
Gold Standard goldsilverstandard.com Symbol: AUS	Gold: 1 g	Public Exchange CoinSpot
NNN novemgold.com Symbol: NNN	Gold: 1 g	Public Exchange p2pb2b
Oropocket oropocket.com Symbol: ORO	Gold: 1 g	Public Exchange Ascendex
PAX Gold paxos.com Symbol: PAXG	Gold: 1 g	Direct Paxos Public Exchange Binance Crypto.com
Tether Gold gold.tether.to Symbol: XAUt	Gold: 1 oz	Direct Tether Public Exchange Bitfinex
USGold buyusgold.com Symbol: USG	Gold: 1 oz American Gold Eagle coin	Public Exchange Coinzoom HitBTC
VeraOne veraone.io Symbol: VRO	Gold: 1 oz	Public Exchange P2PB2B Wallet VeraOne

Partial gold-backed cryptocurrency

Partial gold-backed cryptocurrencies are not 100% gold-backed. These are mixed with assets such as other metals (silver, platinum, etc), fiat currencies, or other cryptocurrencies.

[None Listed]

Initial Coin Offering (ICO)

An Initial Coin Offering (ICO) is how a new cryptocurrency raises money for its startup. A token is given a set rate, and there may be bonuses for early buyers.

Subscribe to the weekly gold newsletter to get updates on the latest ICOs for gold-backed cryptocurrencies.

Buy Gold With Bitcoin

If you’re not ready to commit to any of the gold-backed token projects on offer, another alternative is to buy gold with bitcoin at Vaultoro. This is a gold vaulting service that allows you to buy and sell gold with bitcoin. The gold is 100% your legal property and is fully insured in Swiss vaults.

Vaultoro is ideal if you prefer to park your crypto gains in gold instead of cashing out into a fiat currency. Read more about Vaultoro.

Other ways to buy gold

If you prefer to buy gold that is not involved in cryptocurrency, then read this guide on how to buy gold online.

To buy gold in the traditional way (directly in-store with a gold merchant) then check out the gold dealers directory.

Disclaimer

This guide is a directory, and not an editorial endorsement or financial advice. The article includes affiliate links, which may earn Goldscape.net a commission.