TMTG Intros Gold-based Virtual Currency in PH - TeknoGadyet
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Monday, October 15, 2018

TMTG Intros Gold-based Virtual Currency in PH

The Midas Touch Gold (TMTG) – a Korean cryptocurrency token powered by a real gold firm in Korea – has officially revealed its collaboration with Coinzip.co to bring its gold-based currency in the Philippine market.

TMTG Intros Gold-based Virtual Currency in PH
TMTG Intros Gold-based Virtual Currency in PH

TMTG eyes to create a community with a virtual currency that can be traded directly for actual goods. With this, they teamed up with Coinzip.co which is known for its global virtual money exchange that currently trades major coins including BTC, ETH, Bitcoin Cash (BCH), Litecoin (LTC), and TMTG.

“We at TMTG thought deeply about how virtual money could bring value to the everyday lives of many people,” Mr. Nathan Ryu, CEO of Digital Gold Exchange (DGE), addressed. “As the result of our extensive research, we decided to focus on Gold, which is widely used and recognized globally as monetary and property assets.”
“Through our collaboration with Coinzip.co, we are able to expand our reach to a broader market, providing more users with access to an easy-to-use cryptocurrency exchange where TMTG can easily be bought, sold, or traded,” Ryu added.

Meanwhile, in the Philippines, the Bangko Sentral ng Pilipinas has acknowledged the growing adoption of cryptocurrency here in the country. They also revealed that the trading volume between cyptocurrencies and the Philippine Peso has been reaching the USD 40-million mark in the first quarter of 2018.

See Also: Send, Receive, and Withdraw Money for Free through GCash

TMTG tokens acquired through Coinzip.co can then be used in the Digital Gold Exchange (DGE) Platform to purchase Digital Gold Bars, or to trade with other users. They can also be transferred to another user’s wallet.

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