I am looking to move some of my savings into gold, but I am worried about how hard it is to sell physical bars quickly without losing money on dealer spreads. Has anyone here actually tried using digital tokens instead of the physical stuff?

I was looking at streamex and their GLDY token, which is supposed to be backed by physical gold but also pays out a yield. Does it actually work like a stablecoin where I can just swap it back to USDC or cash instantly if I need the money? I wanna know if this is a better move for someone who wants to stay liquid rather than keeping a safe at home.

What are the risks of going digital for a long-term hold?

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