Xaurum (XAUR) Price Today

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Everything You Need To Know About Xaurum (XAUR)

Xaurum (XAUR): The Basics

Xaurum claims to be the world’s first cryptocurrency that is based on gold. It derives its value from an increasing amount of gold, which is owned by the Xaurum Commonwealth and stored at Loomis’ Turkish office in form of 1 kg and 0.5 kg bars of certified 999.9 investment gold. The Xaurum Commonwealth is supervised by the Auresco Institute in Slovenia, EU.

Xaurum is denoted by its ticker “XAUR” (previously “XAU”).

The value of each XAUR token is based on a certain amount of gold. If the amount of Xaurum gold increases, the value of each XAUR token increases with it. Users can globally exchange their XAUR tokens for Xaurum gold. This exchange process is called Melting.

Xaurum is an open-source project, it has based its code on Ethereum blockchain to create its own Xaurum Golden Blockchain. Xaurum blockchain provides a transparent ledger to record the distribution of gold by the Xaurum commonwealth. More here.

Xaurum (XAUR) Price for Today

Currently, Xaurum (XAUR) price is up by 9.06% and it's trading at $0.038428 today. The market capitalization of Xaurum now stands $4,315,601 million with 112,302,726 XAUR in circulation. The 24-hour price movement indicates that $4,074 worth of XAUR were trading. The price peaked to $0.035817 in the last 24 hours while the lowest price was $0.033827. Source: https://coinmarketcap.com/currencies/xaurum/