Overview
My follower's on read.cash perhaps remember in the Uphold article I mentioned them dealing in precious metal's. Anyone who was unaware or don't remember the Cryptocurrency exchange Uphold has began allowing the sale of precious metal's shares or (ETF's). Many may recognize Uphold as they are Brave Browser partner accepting (BAT) basic attention token users have earned. While many may use their service i feel like not many are totally aware they sell Gold, Palladium, Platinum, and Silver (shares).
Real Gold?
When asked the Uphold support replied "When you hold gold, silver, platinum or palladium at Uphold, we hold that precious metal, e.g. gold bullion, in our reserve to back that value". Meaning that they have the monetary equivalent of the users Shares so it is real. Withdrawing the asset's is possible while users may chose to convert it to crypto or fiat. Ausecure is Upholds partner that while i'm unable to find restrictions specific to region is based in Chicago. With insured vaults in New York, London, Zurich, Singapore, and Australia.
Price determination
According to Uphold prices are retrieved in real time from their gold provider Gold Bullion International. For anyone whom read my PayPal article. You will know how much i detest Spread fee's as their an unfair practice. Spread free rates philosophy of Uphold's international currency and crypto assets exchanged . But their precious metal's ETF's exchanges as well. For any one unaware a Spread Rate is a % charged by a money brokerage for exchanging or transferring assets to a different denomination.
Brave partnership
To anyone whom frequents my articles would already be aware that Brave Browser and Uphold are partnered. In my opinion i believe that the trading of assets is just a little bit safer through brave browser. Since they are partnered with uphold none of their Shields such as tracking blockers ad blockers and fire wall's conflict with upholds site.
Uphold for Equities
Offering a fractional equity service lets users purchase "Expensive " U.S company stocks for as little as $1 U.S.D. Upholds site states that their "fractional equities" gives the purchaser proportional ownership of the Stock in question. As of 10/25 they offer the stocks seen below.
Big thanks to read.cash and to all my supporters the overall quality from my perspective seems better.
Nice one