Aurus Reviews

What a disappointment digital gold turned out to be

A few years back I got very excited as a libertarian-leaning dude about gold-backed cryptocurrency and I purchased several digital tokens of Aurus Gold now TXAU TGold which appeared to be one of the few companies in the space that wasn t a blatant scam I do NOT think I would purchase digital gold or other tokens from again Aurus as it was a MAJOR pain to liquidate my tokens I m not a dogmatic hodler I buy crypto because I d like to one day liquidate and spend it And Aurus is not really for that When I finally did get my tokens onto the exchange I discovered that there was not enough demand for Aurus Gold for me to get a fair price The gold price was 60 USD ounce but I could only get 40 USD less after the exchange and transfer fees for my tokens There s just a single trading pair TXAU-USD on the Exchange on Polygon there s just a single swap pairing with USDC but there s no demand there either I always complain privately before complaining publicly and I get try to reach out to Aurus via email and Telegram asking for an explanation as to why their token isn t actually worth a gram of gold Instead of responding they ignored me and banned me from their Telegram channel That s a pretty atrocious way to treat a customer I m pretty sure that even accounting for the inflation of the last few years I lost money on my Aurus Gold investment In the future I m just going to buy the real stuff that I can hold in my hand digital gold is a pipe dream