Xbullion was launched in mid-September 2021, under the ticker SILV on the Ethereum Blockchain. Xbullion solves logistical challenges of moving around silver by aggregating institutional partners and giving participants direct ownership of physical 999/LBMA-accredited silver on a secure digital platform.
Each SILV token represents 1 gram physical investment grade gold bullion and has the ability to be fractionalised to 0.00000001 of a gram, allowing for both hyper-specific trading and exceptionally low investment minimums.
Tokens can be easily redeemed for fiat currency or traded against other digital assets. Or, subject to 1000 tokens minimum (1kg), the token holder can physically redeem their owned silver facilitated by one of xbullion’s insured, third-party, specialist couriers.
Xbullion SILV is subject to regular comprehensive audits to confirm that the tokens maintain a 1:1 parity with 999/LBMA physical silver. The Ethereum blockchain also provides a secure immutable ledger of all transactions giving transparent insight into the token’s issuance, management and ownership.
What is the highest value XBullion Silver (SILV) has ever reached?
XBullion Silver (SILV) reached its peak price at 1.069 $ on 14 March 2022, approximately 4 years ago ago. Presently, the current price is -29.86% lower than this all-time high.
What is the historical minimum price for XBullion Silver (SILV)?
The minimum price reached for XBullion Silver (SILV) was 0.4064 $, documented on 16 November 2022, more than 3 years ago. In comparison, the current price is 84.43%, it above this historical low.
What is the fully diluted valuation of XBullion Silver (SILV)?
The fully diluted valuation (FDV) of XBullion Silver (SILV) stands at $ 355,417. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of SILV tokens. The realization of this FDV might take several years depending on the emission schedule of SILV tokens.
How to add XBullion Silver (SILV) to MetaMask?
By integrating XBullion Silver (SILV) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import SILV as a token. You can either manually import SILV by copying its contract address (0x628ab8b061fea2af1239b68efa5e46135d186666) or use MetaMask's Chrome extension to add SILV with a single click through P.CASH.
How to add XBullion Silver (SILV) to TrustWallet?
Incorporating XBullion Silver (SILV) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include SILV, you can either manually import it using the contract address (0x628ab8b061fea2af1239b68efa5e46135d186666) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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