Digital gold is ready to take off with Bitcoin, and NEWG's rebound and stabilization are highly anticipated!

For Bitcoin holders, this has been an extremely painful week. The price of Bitcoin has been falling for days and there is no sign of stopping. Recalling that Bitcoin once soared in 2017 and hit the $20,000 mark, it has now fallen below the sky. According to data from relevant websites, the price of Bitcoin has approached $40,000, hitting a four-month low and is in danger.

The decline of Bitcoin has led to a decline in many digital currencies, but digital gold linked to Bitcoin is growing. The reason is that the function of exchanging digital gold for Bitcoin has been launched, and the Digital Treasury APP has ushered in the largest upgrade in history. From the updated version, the "Market" module has been added to the original navigation bar. On the night of the launch of the new function, the price of digital gold on various platforms has increased significantly.

Looking at the current situation of Bitcoin and digital gold, the price of Bitcoin continues to fall, but digital gold has been growing steadily after the launch of the new function of the digital vault. Does this mean that digital gold is more valuable to hold? For digital currency investors, it is very important to judge the future development trend of the digital currency they hold. Judging from the current situation of digital gold and Bitcoin, digital gold may be more worthy of long-term holding.

In addition, the launch of the digital gold exchange platform will also solve the security issues of users’ digital assets. It is reported that the platform carrying the new function is created by Hong Kong Global Coin Digital Co., Ltd., which is committed to distributed architecture technology. It can be said that the digital gold exchange bitcoin platform is distributed.

Users who have experienced the Digital Treasury APP should know that the Digital Treasury is designed based on blockchain technology. Its original function is to manage the account addresses of digital gold users, generate and manage private keys, and receive and send digital gold. In summary, the Digital Treasury is the storage place for users' digital gold. Since the Digital Treasury is the carrier point for the function of exchanging digital gold for Bitcoin, can we understand it as an exchange platform in the user's digital asset storage center?

Compared with traditional platforms, distributed platforms based on blockchain technology are safer, have better liquidity, and are simpler and more efficient. Users' digital currency assets are stored in their personal accounts and mobile devices, and do not exist on the platform server, so when the platform is attacked by hackers, user funds are still safe. In addition, the digital treasury exchange platform is equipped with distributed technology, and the exchange behavior between users is limited to the two parties, without the participation of third parties. This exchange model greatly improves the security of users' digital assets.

The developer of the new function of exchanging digital gold for Bitcoin has fully taken the perspective of user asset security and provided a safe exchange platform for digital currency users, marking the landing of the application of distributed technology in the field of digital currency. The value of digital gold is also perfectly interpreted in the launch of the new function. At least from the current stage, digital gold is more worth holding.

This article is for commercial promotion only and does not represent the position of Wabi.com. Cryptocurrency is a high-risk industry. Please invest with caution. We are not responsible for any losses!