Coins vs. Assets
Digital assets will never be traded in exchanges because they are pegged to real assets. The benefit of holding digital assets is fast and easy trades, secure storage and crypto-currency crashes are not tied to digital assets. Digital assets are independent having no connection to crypto tokens or crypto currencies.
Participating in Galaxycoin investments will allow you to diversify your portfolio by holding assets and minerals. Asset coins are not subject to the levels of hacking that a crypto exchange brings which allows you to hold your assets with more confidence and protection. Due to the problems with fraud and pump and dumps linked to ICOs (initial coin offerings) Galaxycoin.io will not build a business model around an ICO.
GXY – Galaxycoin
A digital fiat tied and pegged to the US dollar which will not change in value. This coin can be directly traded between accounts. In the future it can be used to purchase assets. The current peg rate is 1.00 GXY = $1.00 USD.
GXYR – Galaxyshares
This is not an asset coin. This is an investment coin for investors to invest in our development team. In 2020 we do intend to phase this coin out and will continue to only offer digital assets backed by dollars or precious metals.
GXYG – GalaxyGold
A pure asset. The asset value is represented in gold grams and traded in grams. This asset is liquidated in 1 Troy Ounce gold bars and stored in secure locations.
GXYS – GalaxySilver
A pure asset. This asset value is represented in silver grams and traded in grams. This asset is liquidated in 1 Troy Ounce silver bars and stored in secure locations.