United Kingdom, March 30 2021 – One of the oldest European cryptocurrency exchanges, CEX.IO, has listed AWG and AWX, a gold-backed and its reward-sharing token – reinforcing Aurus’ status in the global precious metals market.
Aurus, a fintech company that offers a blockchain-based tokenization solution to the precious metals market, and the team behind AurusGOLD (AWG) and AurusDeFi (AWX), have announced their upcoming listing with CEX.IO. On the 30th of March 2021, CEX.IO will open the trading of Aurus tokens to millions of their international users. Users will be able to trade the following pairs: AWG/USD and AWX/USDT.
Aurus partners with leading institutions in the precious metals market, including Direct Bullion, StoneX, Aga Bullion, Metals Focus, Brinks, and Aurica Precious Metals. They have also partnered with other blockchain-related businesses like WhiteBIT, Uniswap, Tangem, Cyclebit, and now CEX.IO. As Aurus expands its product offerings and client base, CEX.IO’s broad user base, market knowledge, and institutional reach will help them go from strength to strength.
“Partnering with CEX.IO and their extremely professional team is a game-changer and a huge step in the right direction. There is mutual knowledge of the products and the huge opportunities that decentralized finance brings to the precious metals market,” said Guido van Stijn, Managing Director of Aurus Technologies.
“Clear opportunities exist between the traditional precious metals market and the burgeoning digital asset space,” said Konstantin Anissimov, Executive Director of CEX.IO. “We see a lot of potential for precious metals backed tokens in savings and Defi products, not only for retail investors but institutions alike.”
CEX.IO is a UK-based multi-functional cryptocurrency exchange that was established in 2013. They provide fiat on and off ramps in USD, EUR, GBP and RUB. With more than 4 million users across the globe, CEX.IO provides stable services backed by cold cryptocurrency storage, high levels of security, and KYC/AML best practices. CEX.IO provides a variety of payment options including credit and debit cards and strives to offer the best cryptocurrency trading experience and service to its customers. They are among the founders of CryptoUK, which is aimed at building cooperation with authorities in the UK, such as the FCA, and also hold an MSB (Money Services Business) status with FinCen.
Aurus offers a blockchain-based tokenization solution to the precious metals market. AurusGOLD (AWG) is a semi-decentralized gold-backed cryptocurrency that is independently minted by esteemed gold providers and traders from the traditional gold market. Each AWG token is backed by 1 gram of 99.99% LBMA-approved gold, stored in professional, fully insured and audited vaulting facilities around the world. AWG tokens represent 100% ownership and can be redeemed for physical gold at any time.
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