The G-CAD is a coin based on the Canadian dollar (CAD). The price of the G-CAD was calculated based on the CAD to euro exchange rate and fixed as of January 2024: One G-CAD represents ownership of 0.0093 grams of gold.
Each G-CAD represents 0.0093 grams of 1 LBMA-certified ounce of gold, which is stored at our partner GVS Austria e.U. When you buy a G-CAD, you therefore acquire a share of ounce of gold in the amount of 0.0093 grams.
This share is represented in the form of a G-CAD coin on our blockchain, the Gold Smart Chain. This coin is considered a certificate of ownership.
For every 3,345 G-CAD, you own 1 LBMA-certified ounce of gold.
You have absolute authority over how you manage your G-CAD on the Gold Smart Chain, and it is within your authority to transfer and use it for barter (e.g. for goods and services) if you wish.
You can return your G-CAD to us at any time and have the dealer purchase price of the gold paid out by us to an account specified by you. We guarantee to buy back your gold!
The G-CAD can be exchanged into any other currency on the Gold Smart Chain.
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Create your account in just a few clicks.
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