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DigixDAO Logo

DigixDAO

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading DigixDAO

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Binance Logo

Binance

4.22 based on 1490 votes
CoinSpot Logo

CoinSpot

3.89 based on 218 votes
Changelly Logo

Changelly

3.89 based on 495 votes

Spend

Want to leave your cash at home? These cards support DigixDAO.

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Monolith Logo

Monolith

3.59 based on 237 votes
Uquid Card Logo

Uquid Card

2.57 based on 169 votes

Shop

So you've made a little DigixDAO and now you want to spend it? These are the places to do it!

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NOWPayments Logo

NOWPayments

4.52 based on 73 votes
BitLaunch Logo

BitLaunch

4.46 based on 13 votes
ProfitTrailer Logo

ProfitTrailer

4.25 based on 55 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for DigixDAO.

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Ledger Nano S Logo

Ledger Nano S

3.75 based on 147 votes
Freewallet Logo

Freewallet

5 based on 1 votes
Unstoppable Wallet Logo

Unstoppable Wallet

4.29 based on 17 votes

Review

Learn more about DigixDAO.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of DigixDAO.

Teo Hye, Chng (Chairman) – Former Chairman and CEO of Fujitsu Asia Pte Ltd.

Kai C. Chng (Founder, CEO) – Kai worked on Wall Street as an EMFX trader in a global investment bank for the past 4 years. He was an International Program student at Upenn – Wharton and graduated with honors from NYU – Stern.

Digix is building the platform for trading DGX on the Ethereum blockchain. The company is based in Singapore, and will store physical gold for each token issued on Ethereum. There are fees charged for storage at 0.39% per annum, similar to Gold ETFs. However, by having Gold in token form, it gains the ability to divide into parts in order to facilitate micro-transactions. The Digix tokens will also be redeemable for gold bars.

DGD holders get to claim rewards on transaction fees of DGX. Transaction fees are at 0.13% of the amount transacted. Therefore, ownership of DGD represents the ownership of a part of the company and its profits.

So, each DGX token represents 1 gram of 99.99% LBMA standard gold. The company regard themselves as parallel to E-gold, which at its peak was processing over $2 billion in transactions per year in 2006. It was later shut down due to allegations of illegal activity.

Vitalik Buterin, founder of Ethereum has said:

“Giving users easy access to many different kinds of digital assets on the blockchain, and particularly tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix’s initiative in being the first of many such projects to successfully launch.

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