01,February 2018 Panama, Panama City, Panama. XGold (XGC), the company that created a financial solution to purchase large or small Gold contracts in the Global Market place through a decentralized platform, today confirmed that it is completing the construction of its own platform and exchange system.

XGold has invested heavily in building out a platform and exchange.  “Let’s be clear here about the Ethereum Platform, “KiK” said it best, Ethereum is akin to the “dial-up” era, has poor scalability, and “gas” pricing prevents smooth transactions. I would go further and say, the price volatility means you can’t set your own price structures: when Ether goes up in cost, every product on the platform using an automated Smart Contract goes up in cost. It’s not user friendly, and in no way is it a benefit for society. We have made a simple solution for a stable, low cost, functional system: xChange.

The new platform and exchange will be located at “www.xChange.lu” and will incorporate a full Merchant Vendor / Membership Market place using a pure fixed-valued utility coin for all transactions called XBIT. The exchange will allow “paired / cross-currency” transactional exchanges with Fiat and Crypto: a one-stop shop.

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