About Xaurum (XAUR)
Market Capitalization$9.33 million
Coin or TokenToken
Number of Exchanges4
Official Website (Alt)N/A
Message Board (Alt)N/A
Blockchain Explorer (Alt)N/A
Xaurum (XAUR) Frequently Asked Questions
What is Xaurum?
Xaurum (XAUR) is a smart contract & token system built on Ethereum. It was developed from the previous PoS blockchain, Xaurum (XAU) which was migrated to the Ethereum platform to lower costs and inflation associated wwith mantaining a Proof of Stake 2.0 cryptocurrency. Xaurum is gold backed crypto asset, that derives its value from the gold reserves maintained by the Auresco Institute, a non-profit organization created by the Xaurum team. Xaurum is ment to be used as a store of value since the gold base that backs Xaurum is always growing. The former cryptocurrency, Xaurum (XAU) had an ICO period, in which 1016 XAU coins were sold. In the RICO period, these XAU coins are exchangeable for XAUR at a 1-8000 rate. During this RICO period, anyone was also allowed to send cryptocurrencies and fiat currencies to the Auresco Institute to recieve newly created XAUR. In this smart contract system, the old PoS XAU coins that were swapped and the ones that were minted in the RICO period will be in circulation (all of these coins have been backed by gold), and the remaining supply is locked (the locked supply is not backed by gold). Xaurum users have two ways of acquiring tokens, you can earn them in the \"Goldmine\" or Mint them. When mining on the Goldmine, users are exchanging their hashpower in a multipool. The earned coins from staking and mining these cryptocurrencies is used to buy more gold and to release Xaurum that was previously locked into circulation, by backing it with the newly bought gold. The proceeds from the Multipool can also be used to buy Xaurum in an exchange and pay the miners, depending on the market value of Xaurum, mined cryptocurrencies and the gold itself. when Minting new coins, users are allowed to send fiat currencies directly to the Auresco Institute in exchange for new coins. These users are called Masternodes but they do not mantain the blockchain. Instead, they are required to have a 1000 XAUR collateral (like Dash masternodes), in order to create new coins. This ensures that any fraud attempt would not be profitable for the Xaurum masternodes. Profits from running the PoW multipool and from the Minting process are sent to the Commonwealth wallet, and allow the Xaurum system to increase their gold supply at a must faster pace than the XAUR supply itself. (Description provided by CryptoCompare)
What exchanges can I buy or trade Xaurum on?
How do I buy Xaurum?
It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Xaurum.
Where can I get Xaurum wallet?
Xaurum produces its own wallet software that is available for download on its website, which allows you to store Xaurum on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Xaurum?
One Xaurum (XAUR) is currently worth $0.07 on major cryptocurrency exchanges. You can also exchange one Xaurum for 0.00000831 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Xaurum in U.S. dollars is $9.33 million.
What is the Reddit page for Xaurum?
The official Reddit community (subreddit) for Xaurum is r/xaurum.
MarketBeat Community Rating for Xaurum (XAUR)MarketBeat's community ratings are surveys of what our community members think about Xaurum and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Xaurum (XAUR) Price Chart for Monday, April, 23, 2018
Xaurum (XAUR) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Xaurum. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Xaurum Token" over the last 90 days.
Xaurum (XAUR) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com