MRHB Commodity DEX TijarX Hosts ‘Gold Rush’ with US$10,000 Worth of Tokenized Gold in Prize Pool

Dubai, UAE, — MRHB’s tokenized decentralized exchange TijarX has moved on from its earlier Beta phase and is celebrating with a TijarX Gold Rush trading competition, which begins on Jan 16th and ends on Jan 31st.

By purchasing at least US$100 worth of Gold Standard ($AUS) on the DEX, buyers stand a chance to win a share of the US$10,000 prize pool of tokenized gold.

The TOP 3 prizes of $5,000, $3,000, and $1,000 worth of AUS will be awarded to the participants who have the highest AUS net buys. 10 Lucky Draw winners get to win $100 worth of AUS each from the remaining $1,000 in the prize pool.

TijarX is the Safe and Easy Way to Buy and Sell Tokenized Gold and Silver

MRHB.Network’s TijarX is a tokenized commodity DEX (decentralized exchange) that is featured within the self-custodial and multi-chain MRHB Sahal Wallet, both halal crypto solutions.

As the crypto world contends with the spectacular collapses of massive centralized ecosystems as seen with top CEX FTX and derivative ‘stablecoins’ Terra/Luna, MRHB’s TijarX and Sahal Wallet simultaneously present a trustless (and audited) smart contract DEX offering a stablecoin directly linked to the world’s oldest form of stable money –– precious metals.

Currently offering gold and silver tokens in partnership with Gold & Silver Standard (GSS), TijarX unlocks access to tokenized (and hence easy to both fractionally acquire and secure) gold and silver for faith-based and ethically-conscious communities.

GSS is the product of Ainslie Bullion, Australia’s leading and trusted bullion dealer, with nearly 50 years of experience. GSS mints token only upon vaulted bullion, one-for-one, where Proof of Reserve is available any time on the website and anyone can interrogate the database of vaulted bars down to the serial number of each and compare to the public blockchain, knowing the vaulted metal equals tokens issued.

Tokens are redeemable for physical gold and silver bullion at any time through Ainslie. The precious metals are insured by Lloyds of London and every quarter, global assurance firm PKF verifies not only that all the metal is there but checks newly minted metal for a serial number, weight, and purity and that through the checking of individual seals on safe units, previously vaulted metal is untouched. The latest report is then published on the website.

More About TijarX

Furthermore, the TijarX interface also integrates Price Feeds from Chainlink, the industry-leading decentralized oracle network so that it can provide the most precise, reliable, and decentralized gold and silver price data.

TijarX can be accessed on Sahal Wallet, which is downloadable on both iOS and Android. To learn more about MRHB. Network, please visit their official website or follow them on Medium, Youtube, Twitter, or Telegram.