Paxful unlocks Bitcoin-gold exchanges

Paxful unlocks Bitcoin-gold exchanges

By Gamma | Gamma | 11 Apr 2020


BTC-GLD ? 

The platform wants to offer new ways to access Bitcoins in new territories.

Interest in yellow metal seems to be at its highest among crypto-currency investors.

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It states that it will record the identity and address of the person wishing to buy gold, if the transaction exceeds a $50 limit. Individuals wishing to sell gold will also be subject to increased surveillance.

The exchange stands out from its peers through strict enforcement of an anti-money laundering program. It had recently reinforced this aspect of its services

Gold is always a security, especially in a context of financial uncertainty. Moreover, it was recently learned that gold and Bitcoin have shown a strong correlation since the beginning of the Covid-19 crisis.

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