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Hello,
If you're a gold bug, we have great news for you today!
Our service has supported PAXG and Tether's XAUt gold tokens for a while now. They are great tokens with strong history and liquidity, but they have one drawback: redeeming them for actual gold is largely theoretical, since it's only possible in very large quantities.
That's why we're excited to launch today the SGG gold token by Swissgrams, which can be easily redeemed in 1 oz increments that can be shipped right to your door.
Why SGG?
- 1 SGG is backed by 1 gold coin of one troy ounce, stored in Switzerland.
- Governed by Swiss law: each SGG token represents a co-ownership title in segregated physical gold, not a paper claim.
- No minimum: you can buy, swap and cash out any amount of SGG with us.
- Delivered at home: redeem whole SGG tokens (1 SGG ≈ CHF 3,570 as of today), shipped by Swissgrams to your door for a 0.5% fee plus shipping, or collect it at the Pro Aurum shop in Kilchberg (ZH). More info here.
With this news you can now, for instance, easily start a gold savings plan by setting up a recurring purchase of any amount of SGG with us, then convert your SGG into a physical coin each time you accumulate a full token!
If you have any questions about SGG, don't hesitate to ask us here!
Kind regards,
The Mt Pelerin team
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