FAQ
What our customers are asking
What is the price of Trident?
With our full transparency of pricing, you can be confident in what you have and what it’s worth. You can see the ask and the bid price every day. The ask and the bid are calculated from the spot price of gold, and each Trident utility token is one-fiftieth of the spot price plus a 5% spread. Once in your wallet, you can use it to buy goods and services. You can use it to buy gold. You can take it with you anywhere in the world, always giving you portability, anonymity and flexibility of a utility token, but with the stability and confidence of an asset that has intrinsic value throughout the world. With this transparency and certainty of pricing, the fear of whether your utility token has value on any given day is eliminated.
Can I purchase Trident from anywhere in the world?
Yes. Because it is a digital asset, you can purchase it from anywhere in the world. As soon as your payment is verified, we will transfer Trident into your digital wallet. Once in your wallet, you can take it with you anywhere are in the world, always giving you the portability, anonymity and flexibility of a digital asset, but with the stability and confidence of a commodity that has intrinsic value. And, because Trident establishes a bid and buy back price in real time each day, you can buy or liquidate at any time.
Can I use my other cryptocurrencies to purchase Trident?
Yes, we accept several cryptos as payment, including Bitcoin, Litecoin and Ethereum. If you want to be able to use your current cryptocurrencies to buy another digital token that has a company behind it and a transparent pricing methodology, Trident may be the right digital token for you.
What forms of payments can I use to purchase Trident?
You pay for Trident with a wire transfer, a credit card, physical gold, Bitcoin, Litecoin or Ripple.
Is Trident a currency?
Trident is a utility token that can be used in various ecosystems and industries for transactional purposes. As the transaction volume grows, the demand for TDT utility tokens may rise. A utility token is a commodity, not a currency or security. While crypto assets are still being debated on a regulatory basis, the requirements for commodities are settled law. Trident is not an ICO (Initial Coin Offering). The sale of TDT is not for raising any capital or funding a project and therefore isn’t a security. Trident is a utility token that any customer can purchase and it meets the standards set by the CFTC (Commodity Futures Trading Commission) for commodity purchases.
How do I use my gold to buy Trident Digital Tokens?
If you’re a gold owner, Trident brings the value of the next-generation of digital technology when it comes to conducting commerce, but has the old-world stability of gold, which has been used as a measure for valuing goods and services for thousands of years. If you’ve always wanted to be able to leverage your gold to buy other goods and services, you can now do that. With Trident, you can hold something with established value in your digital wallet, and no matter where you are in the world, you can buy the products you want, convert your Trident to cash, or keep it as an investment.
Click here and input the ounces of gold you want to sell to us and we’ll convert that into how many TDT you would receive based on the spot price of gold. If you decide to purchase Trident with your gold, we give you a shipping envelope to ship it to us, fully insured, from anywhere in the world. You can deliver or ship your physical gold or silver to any participating location (currently in the U.S., South Korea, Australia, Hong Kong, Japan, and most European countries) and it will be used as payment for Trident and deposited to your digital wallet after the metals are received and deemed authentic.
Can I transfer my Trident utility tokens back to you?
According to commodities laws, we can never guarantee a buyback of a commodity. However, clients can transfer Trident utility tokens to us based on an established minimum price. It’s why we hold the value of the outstanding TDT in circulation in gold. If you want to liquidate, we provide a way to transfer your Trident to us.
Should I consider buying Trident with my own fiat currency that is devaluing?
If you are concerned about the devaluing of your fiat currency such as the dollar, the yen, the euro or the renminbi, or if you are concerned about the impact of escalating inflation in your respective country, using a utility token that is stabilized by the price of gold helps you hedge against this volatility. And, you are able to use Trident to facilitate transactions wherever it is accepted, anywhere in the world, at any time.
What transactional information is collected at purchase and sale of Trident?
The person or entity buying Trident establishes an account for the purchase. The account would include personal contact information, product invoice, amount purchased and method of payment. An account agreement is established to give you confidence in your purchase.
Is there a customer account agreement that discloses pricing and disclaimers?
Yes, every transaction has an account agreement that helps you feel confident in what you are buying and the company from which you are buying.