What do you actually own when you buy gold?
A gold bar, a fund share and a token can all offer exposure to gold. Ownership, custody, costs and redemption can be very different.
Articles
Why can a zero-fee transfer deliver less money?
Compare two hypothetical transfers with the same US$1,000 budget. The exchange rate and deductions can matter more than the advertised fee.
An exchange account or your own wallet: what changes?
Who controls the private keys, and who can help when a withdrawal or backup fails? The distinction goes beyond the app you use.
What is stable about a stablecoin?
Why can a token targeting one US dollar trade away from one dollar? Reserves, redemption and transfers explain different parts of the answer.
What does it cost to buy and hold an ETF?
A hypothetical 0.20% annual expense ratio makes the cost on US$10,000 easier to see. Trading spreads, broker charges and currency conversion are separate.
What rights do you get with an RWA token?
A token may say it is backed by gold or government bonds. Whether holders can recover assets depends on issuance, custody and redemption terms.