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PMGT Price Today
Perth Mint Gold Token price today is $1,692.10 with a 24-hour trading volume of $29,540.31. PMGT price is up 1.4% in the last 24 hours. It has a circulating supply of 1.2 Thousand PMGT coins and a total supply of 1.22 Thousand. If you are looking to buy or sell Perth Mint Gold Token, Independent Reserve is currently the most active exchange.
What was the highest price for Perth Mint Gold Token?
Perth Mint Gold Token hit an all time high of $2,177.72 on Oct 01, 2020 (about 2 years).
What was the lowest price for Perth Mint Gold Token?
Perth Mint Gold Token had an all time low of $0.039045358986 on May 08, 2022 (5 months).
What was the 24 hour trading volume of Perth Mint Gold Token?
The 24 hour trading volume of Perth Mint Gold Token is $29,540.31.
Where can Perth Mint Gold Token be traded?
You can trade Perth Mint Gold Token on Independent Reserve. Popular trading pairs for Perth Mint Gold Token in the market includes PMGT/USD, PMGT/CAD, PMGT/AUD, PMGT/GBP, PMGT/INR, and PMGT/PHP.
Perth Mint Gold Token (PMGT), launched in October 2018, is an ERC20 token developed and issued by Trovio (formerly InfiniGold). Each unit represents 1 fine troy ounce of physical gold securely stored in The Perth Mint's central bank grade vaults. PMGT is transferable peer to peer, and enables a smart contract proving your title of gold held at the Perth Mint.
PMGT is 100% backed by gold held and stored in The Perth Mint’s central bank grade vaults, where the weight and purity of every ounce is guaranteed by the Government of Western Australia. This makes PMGT the first gold-backed token on a public blockchain whereby the physical gold is government guaranteed.
As PMGT is a tokenised version of GoldPass certificates backed by physical gold held in The Perth Mint’s inventory, the issuance of PMGT can seamlessly scale up to billions of dollars’ worth of tokens.
Free of recurring storage or management fees, PMGT offers institutional investors a competitive alternative to traditional gold products, with the additional benefits of real-time 24/7 trading, a cryptographically secure instant settlement enabled by blockchain technology, and fewer intermediaries.
