New multimillion dollar kid on the block c-gold just whizzed past the 100,000 customer transactions mark this month. Congratulations to Robert and team.
Headquartered in Penang, Malaysia, Commerce Gold allows any verified account holder to bail in bars and receive digital units through their Penang office location. Current holdings show circulation of 42534.37grams of digital gold. (over €800,000 euro)
* 35 kilos
* 12 - 500gram bars
* 1 - 100gram ingot
* 1 - 434.3700gram ingot
Their ‘holdings’ page always shows the daily balance. https://c-gold.com/holdings.php There are currently about 13,000 c-gold accounts open and around 4,000 of them are funded. From their web site:
"You cannot buy c-gold or fund your Holdings Account with any fiat currency from c-gold.com or the Operator.
The c-gold system is a closed book-entry system and you can only fund your account by either bailing in a gold bar, or by buying c-gold from someone who already has some in his or her Holdings Account. However, there are several independent exchangers who are offering c-gold for sale in exchange for other online currencies and/or for a wire transfer, bank deposit, etc."
C-gold is a very exciting new DGC and please note that in order to eliminate attempts to abuse the c-gold.com system each account requires verification of ownership through ID and utility bill scans.
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