Trade crypto instantly anytime, anywhere with the AABB Exchange, a cryptocurrency platform for investing in digital assets with a single tap. If you do decide to trade or purchase/short cryptocurrencies, please make sure you are allocating only that portion of funds that you can risk and can afford to lose. AABB Gold Token Ready to Expand Its Ecosystem, Asia Broadband Confirms Stock Dividend For September Shareholders of Record, Gold Market on the Rise AABBG Token and the Gold Crypto Opportunity. ________________________________________________________________________________________________________________________________________________________________, Asia Broadband Pursues Market Manipulation Legal Action Against Major Market Makers, Asia Broadband Surpasses Initial Release Target For Its Gold-Backed Baboons NFT Collection, As Amazon NFT Marketplace Announces Upcoming Launch, Asia Broadband Gold-Backed Baboons NFT Collection First Release MINTs Today at 3 PM EST, Asia Broadband Resource Report Development Program Progresses at the Bonanza Gold Mine Project in Mexico, Asia Broadband Launches Mobile App Versions of Proprietary Cryptocurrency Exchange, Asia Broadband Prepares For Imminent Launch of Mobile App Versions of Proprietary Cryptocurrency Exchange, Asia Broadband Sets December Launch Date for Proprietary Cryptocurrency Exchange, LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire . Simple registration, get started with just your email. It's an ecosystem that allows users to buy, sell, and store their gold securely and conveniently. Transactions using gold tokens are fast and secure. The proceeds from the mine sale back the AABBG token 100%, and the minimum price of the AABBG token is set at the current spot price of gold, to reduce investors' risk. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. This price fluctuates with the price movements of gold. LAS VEGAS, May 25, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Asia Broadband Inc. (OTC: AABB), please note that in the second paragraph of the release, the link to access the Acaponeta-Bonanza Preliminary Geological Report ishttps://asiabroadbandinc.com/acaponeta-bonanza-reportThe corrected press release follows. At todays market price of gold, the one-tenth (0.1) gram of gold backing the AABBG token price is approximately $5.96 USD. Start Now Trade, Deposit and Store Crypto with our AABB Wallet App Protect your cryptocurrency in our secure, easy-to-use, multi-currency AABB Wallet. Although gold can protect from the downsides, it historically doesnt carry similar returns to cryptocurrencies as BTC or ETH. Gold Coin is available on the following exchanges: CryptoExchange.com and Goldcoin.com; it can be bought with credit and debit cards. We recommend that all moderators group and delineate their content into a section by adding a horizontal line to the top and bottom, and indicating at the top of the section, for example "This section maintained by [alias]". To access to the Desktop version of the, Nothing has changed, everything is On-Track! Never Miss Another Opportunity! Unlike other gold-pegged tokens in which the gold comes from a range of sources, 100% of the gold purchased using AABBG comes directly from the companys mining project. The gold vs. Bitcoin debate is almost as old as Bitcoin with Peter Schiff often taking the anti-BTC pro-gold stance. AABB Gold tokens can be bought using the app; users just need to send cryptocurrency to receiving addresses in their AABB Wallet. At the token launch, 5.4 million tokens were made available at one-tenth (0.1) gram of the price of gold, establishing a price of approximately USD 5.60 for each AABBG token. Each token can be redeemed for 1 gram of gold supplied from London Bullion Market Association (LBMA) certificate refineries. One of the main advantages of the AABB Wallet is its security. This reason is behind the popularity of dollar-backed coins on the market. The easiest way to buy PAX Gold is through Coinbase, where it can be bought with Ethereum (ETH). AABB management is exhilarated with the Acaponeta project for its potential for rapid development, high production and low operating costs and anticipates completing an acquisition agreement in the very near future. Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange. The PAXG token was launched in 2019 and is backed by gold stores in Brinks vaults, which are approved by the London Bullion Market Association. We cover all events that help investors make better decisions. The share retirement process has been initiated with the Companys transfer agent and is anticipated to be completed in the coming weeks. "This is a very exciting time of expansion for our mining and digital operations. In contrast to other digital assets, AABB Gold is betting on its Mine-to-Token gold-backing. The AABB Gold token is a modified type of cryptocurrency which is backed by gold mines that are owned and run by Asia Broadband Inc and has over $30 million in physical gold reserves. There is a lot to get excited about on AABB as the Company prepares to launch its AABB Gold token (AABBG) an ERC-20 token on Ethereum blockchain. The system allows users to securely store their tokens and track their balance and transactions. AABB Wallet, Asia Broadbands digital asset wallet, went live at the beginning of 2022. Each token is equivalent to one troy ounce of a London Right Delivery bar of gold. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. AABBG is somewhat an anomaly in the crypto space as the founding company has no prior experience in cryptocurrency or finance. The AABB Wallet is a virtual wallet that allows you to securely store your cryptocurrencies. Despite having a reputation for being one of the safer investments, owning physical gold isnt particularly easy. After going through the Know Your Client (KYC) process, you can purchase AABBG. AABB Gold token (AABBG) The AABBG token is a creation of Asia Broadband, a company focused on the manufacture and supply of precious and base metals in the Asian markets. Gold-backed token are pegged to gold and track the price of gold and consequently rise and fall with the price of gold. Its a regular cryptocurrency, but it also has some features of stablecoins. RISK WARNING: When trading and investing in cryptocurrencies, you automatically take on a substantial amount of risk of potential loss. The token will continue to be backed 100% by additional physical gold acquired from future mining production, gold purchased from cash reserves or credit. The Company will continue to back the token 100% by. It allows you to store various cryptocurrencies in one place and is fully compatible with the AABB Exchange portal. I'm sure, The mining properties that AABB is "evaluating" do, Must see this - AABB created fake management, They converted at far more than $0.05 for, They have converted 100's of millions of shares, No one, and that includes some pretty clever, AABB Mangement is Clearly Staying Focused on it's, And, of course, you have some independent evidence, You don't seem to understand..WC is a made-up, Interesting very interesting. Another advantage of gold-backed cryptocurrencies is that they offer a way to invest in gold without physically owning it. You can own a token with the same value as gold, without needing to physically hold gold. This puts even a single ounce of gold out of reach for many investors. AABBG is more than just a digital gold token. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. LAS VEGAS, April 04, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has confirmed the concession registration in the. Buyers are given digital gold certificates every time they buy the token. AABB is a resource company focused on the production, supply, and sale of precious and base metals. As a hybrid cryptocurrency, AABBG has a peg with actual gold, differentiating it from a traditional stablecoin. Pick and use the world's best blockchain wallet. In Q1 2021, they reported $67.76MM, attributable to selling their mining property in Guerrero, Mexico, providing AABB with $52MM in cash, $30MM in remuneration in gold bullion, and a 28% equity reassignment back to their Company. An innovative distribution system is possible through the companys vast industry relationships. The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. Strategically positioned as a revenue diversification and awareness project, the AABB Gold token will create liquidity and monetize physical gold holdings and future gold production. , where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). The AABB Gold Token ecosystem wishes to provide users with a complete set of tools for managing their tokens. The Company will continue to back the token 100% by. AABB's primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. Because of this fact, the Company decided to price its gold-backed tokens in grams of gold instead of ounces of gold. AurusGOLD, better known as AWG, is minted by gold traders who arbitrage between the AWG and bullion gold markets. Click here and scroll towards the bottom to find the registration form. Multiple level security with passphrase and PIN code protection. All Rights Reserved. .S. This will help you to save money and increase the returns on your investment. The "AABBG Token" refers to a general-purpose cryptocurrency, implemented on the public Ethereum blockchain (the "Ethereum Platform") as an ERC20 token AABBG Tokens are intended to be used at the currently existing AABB Wallet platform and for all transactions within the AABB Wallet and partnered ecosystems that can be developed and partnered Gold-backed cryptocurrencies, on the other hand, are a relatively recent phenomenon. The projects ecosystem relies on the AABB Gold token. Lastly, the AABB Wallet is also very flexible. Low transaction fees for crypto-to-crypto, and withdrawal. On March 22, 2021, Asia Broadband, Inc. (OTC: AABB) announced the initial token release of 5.4 million of their AABB Gold (AABBG) tokens, backed by $30 million USD in physical gold that the Company currently holds. Due to its link with gold, AABBG may grow in price following events in the crypto and precious metals markets. Investors can purchase tokenized precious metals the same way they would gold and hold them in their crypto wallets. AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Companys previous gold production success. Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that it has received mapping and rock sample assay results during the ongoing due diligence process with respect to the Letter of Intent to acquire a historic production gold mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. Copyright 2023 TechBullion. AABBG is the official ticker for the cryptocurrency coin. Send AABB Gold and other crypto securely by email, SMS or social media. AABB buys high-potential gold mines in Latin America with its broad worldwide sales network and subsequently distributes metals. For customers, PayAABB lets anyone spend cryptocurrencies through multiple channels, such as SMS, e-mail, and others. His articles cover a range of topics from NFTs and crypto gaming to upcoming projects in the crypto niche. The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. 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