# Welcome This is the docs of GoldZip where you can find the background of GoldZip, product introductions, FAQs, and useful links. # What is GoldZip ### The Future of Gold Investment GoldZip digital gold offers the advantages of physical gold without the hassle. Built on cutting-edge blockchain technology, it ensures fast, high-capacity, and cost-efficient transactions. GoldZip operates in Singapore by GoldZip Digital Pte. Ltd., a wholly owned group member of the Hong Kong Gold Exchange Limited ( Formerly Chinese Gold Silver Exchange ). Each GoldZip token is backed by physical Gold stored in HKGX recognised gold vaults highly trusted by the industry. Holders of GoldZip token shall be entitled to redeem GoldZip Eligible Gold Bars upon complying with AML requirements. # What is HKGX Hong Kong Gold Exchange (HKGX) is Hong Kong’s sole spot gold and silver exchange. It was established through the corporatized restructuring of the Chinese Gold& Silver Exchange Society (CGSE), a historic institution with over 115 years of legacy. Officially launched on January 1, 2025, HKGX marks a new chapter in Hong Kong's precious metals industry. HKGX remains committed to unlocking the value of gold while serving the local market with integrity, transparency, and excellence service.
**A Legacy Story** HKGX is currently formed by 141 exchange shareholder members, and offers comprehensive facilities, services and trading platform for participants in precious metals trading. The Exchange has experienced significant growth, with daily trading volumes reaching hundreds of billions of Hong Kong dollars Since January 1, 2025, HKGX has inherited the legacy of the Chinese Gold & Silver Exchange, representing the ongoing operation of Hong Kong’s sole physical spot gold and silver exchange. Guided by the motto “A Century of Legacy, Shaping the Future of Gold Opportunities,” HKGX seeks to build upon its rich historical foundation to pave the way for future growth and unlock the value of gold.
# What is $XGZ GoldZip (XGZ) is a digital token issued in Singapore by a wholly owned group member of the Hong Kong Gold Exchange Limited ( Formerly Chinese Gold Silver Exchange ). Each GoldZip token is backed by 99.99% physical fine Gold stored in HKGX recognised gold vaults highly trusted by the industry. Official Token Contract Address: 0x69af64f409c08E9076bF7f3ed9Db3a7409717161 [Check at Etherscan](https://etherscan.io/token/0x69af64f409c08E9076bF7f3ed9Db3a7409717161) # Features **Ease of Divisibility** Unlike a physical gold bar, which is impractical to split for small payments, XGZ tokens are highly divisible. You can own or transfer amounts as small as 0.00000001 grams of gold, with each fraction backed by trusted gold brands **Ease of Storage** Storing physical gold can be costly and may subject you to geopolitical risks. In contrast, storing your XGZ tokens is just as simple as managing your other crypto assets. **Physical Redemption** If you ever wish to redeem your XGZ tokens for physical gold bullion, you can do so. We provide various options including self-pickup at designed locations. **24/7 and Ease of Trade** Trading physical gold restricts you to your location and specific trading hours. In contrast, XGZ tokens provides the convenience to be traded 24/7, 365 days a year from anywhere in the world on exchanges that support XGZ tokens. # Specifications * **Exchange Rate:** 1 XGZ = 1 gram of 99.99% fine gold * **GoldZip Eligible Bars:** Gold bars are assayed before deposit into the HKGX - recognised depositories. Minimum 1 kilogram 999.9 parts per thousand fine gold * **Minimum Transaction Size:** 0.00000001 XGZ * **Transaction Fee:** 0.01% of transaction amount ( paid by sender only ) * **Physical Redemption:** 1,000 XGZ per GoldZip Eligible Bar. GoldZip token (XGZ) is relatively new in some jurisdictions ; interested parties should seek professional and independent advice. XGZ is not available to Hong Kong residents * **Blockchain:** Ethereum
# Mint, Burn & Transfer * Mint / Issuance: Issued when gold is allocated and verified. * Transfer: Standard ERC-20 transfers with 0.01% sender fee. * Burn / Redeem: Tokens are burned upon confirmed physical redemption. # Token Issuance 1. **Gold Deposit:** XGZ accepts gold bars from trusted global refineries that meet the specifications as GoldZip Eligible Gold Bars. GoldZip Eligible Gold Bars are 99.99% fine gold of 1 kg gold bars. 2. **Assayed and Vault Stored:** GoldZip Eligible Gold Bars are assayed by internationally recognized standards to ensure 99.99% fineness before being deposited into the HKGX recognized depositories. 3. **Token Issuance on Blockchain:** After a secure process, XGZ tokens are issued on the blockchain network to be distributed at our network of exchanges and distributors.
# Token Burn Tokens are burned upon confirmed physical redemption. # Physical Gold XGZ is issued from selected specified brands of gold bars. Gold bars are assayed before deposit into the HKGX recognised depositories. Minimum 1 kilogram 999.9 parts per thousand fine gold. # Backing & Custody * Backed by physical gold stored in licensed gold vaults accredited by HKGX * GoldZip Eligible Gold Bars are assayed by internationally recognized standards to ensure 99.99% fineness before being deposited into the HKGX recognized depositories. * Regular audits by accredited firms. # Transparency & Assurance * Periodic attestation reports by accredited auditors. * Clear governance procedures for minting and burning.
# Reserves Management * Eligible bars: XGZ is issued from selected specified brands of gold bars. Gold bars are assayed before deposit into the HKGX recognised depositories. * Vaults: licensed gold vaults accredited by HKGX # Physical Gold Redemption Overview: * Physical redemption from 1,000 XGZ per delivery bar. * Standard settlement timelines and handling fees apply. * Pickup or delivery via authorized partners, subject to KYC/AML and jurisdictional rules. Step-by-step instructions, forms, and venue details will be published when redemption windows open. # Get Your $XGZ $XGZ could be acquired by direct token minting or in secondary market. In order to mint $XGZ, you will need to pass KYB requirement. Otherwise, you can buy $XGZ on the below secondary market: **MEXC** * Trading Pair - [XGZ/USDT](https://www.mexc.com/en-GB/exchange/XGZ_USDT) **Uniswap (Ethereum)** * Access XGZ with USDT on Uniswap [here](https://app.uniswap.org/explore/tokens/ethereum/0x69af64f409c08e9076bf7f3ed9db3a7409717161) * Access XGZ with PAXG on Uniswap [here](https://app.uniswap.org/positions/v4/ethereum/66543) # Smart Contract **Smart Contract Audit** {% file src="/files/pY79lsC4aJVwiqvwPb6Y" %} [**https://github.com/GoldZip-Official/GoldZip-Token/commit/39599f0a267e9098b316aaaf4449f51d579e6f71**](https://github.com/GoldZip-Official/GoldZip-Token/commit/39599f0a267e9098b316aaaf4449f51d579e6f71) # Use Cases # Litepaper # How to buy $XGZ **MEXC** 1. Look for trading pair [XGZ/USDT](https://www.mexc.com/en-GB/exchange/XGZ_USDT) 2. Buy or Sell XGZ **Uniswap** 1. Set up an Ethereum wallet, e.g. [Metamask](https://metamask.io/en-GB) 2. Find XGZ on Uniswap 1. XGZ / USDT Pool [here](https://app.uniswap.org/explore/tokens/ethereum/0x69af64f409c08e9076bf7f3ed9db3a7409717161) 2. PAXG / XGZ Pool [here](https://app.uniswap.org/positions/v4/ethereum/66543) 3. Enter the desired amount and swap 4. Here you go! # How to See $XGZ on Metamask In order to see your $XGZ holdings on Metamask, you will need to import $XGZ into Metamask. Please follow the official guide from Metamask [here](https://support.metamask.io/manage-crypto/portfolio/how-to-import-a-token-in-metamask-portfolio/). **Official Token Address:** 0x69af64f409c08E9076bF7f3ed9Db3a7409717161 # How to Redeem Physical Gold 1. First, you will need to have at least 1,000 $XGZ in order to redeem a physical gold bar 2. Second, log-in to our client portal and follow steps, involving: 1. KYC / KYB Process 2. Redemption Fee 3. Burning related $XGZ **Redemption Portal:** [**https://portal.goldzip.app/**](https://portal.goldzip.app/) # Social Media **X (Formerly Twitter):** [**https://x.com/goldzipxgz**](https://x.com/goldzipxgz) **LinkedIn:** [**https://www.linkedin.com/company/goldzip-hkgx**](https://www.linkedin.com/company/goldzip-hkgx) **Telegram:** [**https://t.me/goldzipofficial**](https://t.me/goldzipofficial) **Email:**