Xaurum price is $0.00617041
Today, the price of one Xaurum (XAUR) is valued at $ 0.00617041. The price represents a +0.00% change over the last 24 hours. It's important to keep in mind that the price of cryptocurrency like Xaurum is extremely volatile and can change rapidly.
Xaurum is a unique cryptocurrency asset that represents value on the golden blockchain. Its underlying structure is designed to distribute and increase the value of the token, giving it a unique place among digital currencies. Xaurum has its roots in physical gold, which lends a unique stability factor to its market value.
Xaurum was conceptually born from the Auresco Institute, a body that physically maintains the coin's value tied to gold reserves. These reserves are stored as the CommonWealth gold reserves. They play a significant role in the value of Xaurum, providing a tangible backing for the digital cryptocurrency.
The value of Xaurum can be both mined and minted by cooperative miners on the Goldmine platform. This process has been decentralized, giving it some common ground with other cryptocurrencies. This mined value can then be exchanged for physical gold, adding another layer of tangible security to the value of the token.
The uniqueness of Xaurum lies in its backing by real-world gold reserves. The token’s worth increases as the amount of gold in the Xaurum Commonwealth increases, creating a sustainable cycle of value increase. It's one of the few cryptocurrencies that offer a direct exchangeability factor into physical gold.
The Auresco Institute, tasked with physically maintaining the gold reserves backing Xaurum, increases these reserves through a cooperative control over the money supply. New gold is added to the reserves with the cooperative mining and minting process, ensuring that the Xaurum's value is consistently rooted in tangible assets.
Xaurum’s market cap is $ 0.4M and is ranked at #2726 in the global cryptocurrency rankings. The 24-hour trading volume for Xaurum stands at 0.0. The cryptocurrency currently has a circulating supply of 71.2M XAUR tokens out of a total supply of 71.2M tokens.
Xaurum can be purchased on various cryptocurrency exchanges. The most popular purchasing platforms for Xaurum include HitBTC, Livecoin, Bittrex, EtherDelta. As with any cryptocurrency, it's vital to ensure that you store your Xaurum tokens in a secure digital wallet.
As with any digital asset, it's important to keep your Xaurum (XAUR) tokens safe. This can be achieved by using hardware wallets which can be optioned for cold storage (offline), or using secure software wallets with strong encryption. Always remember to keep your private keys private, and secure your wallets with strong passwords.
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