Hello, I have heard about XAUp for the first time, could some one explain to me why this token was created? It is sold for the price 9% of 1OZ gold and with that you will receive 9% discount on buying 1 OZ of gold. Why I should buy it? Do not really understand that.
It is simply created to diversify your crypto investment. XAUp created by the successful populous team who created populous invoice platform.
Here is why you should buy it?
If the Gold price drops below the current price in which you purchased the XAUp, you will not be affected by the fall in price. Likewise, if the price of Gold rises above the purchase price of the XAUp, you will gain the benefit of the increase in the price of Gold. This is achieved via the invoice financing operations and hedging of Gold prices.
