Silver-backed cryptos are the latest craze to sweep the online world. It combines two extremely strong assets: silver and crypto.
Silver-backed cryptos have grown in popularity since the coin’s value will be at least equal to the metal’s current price. If the coin looks popular, the crypto’s price may rise over its existing level.
This guide will talk about the five best silver-backed crypto tokens you can buy.
Can you make real money with silver-backed cryptos?
These cryptos have surged in popularity because the coin’s worth will be at least equivalent to the metal’s current price. Investing in silver through silver-backed cryptos is offered as a liquid method to invest in an asset that tracks silver values without buying real silver.
It’s similar to investing in ETFs that track the price of silver. However, traders can redeem them for real silver rather than simply cash as ETFs.
How to earn with silver-backed cryptos?
The silver price determines the value of silver-backed cryptos. Silver is used as a backing to correlate the derivative asset to an actual thing and reduce significant price volatility in cryptos.
Silver-backed crypto investors can profit from market volatility. If invested in popular currencies, the return on investment may soar above the normal levels.
How to start with silver-backed cryptos?
First and foremost, most silver-backed tokens exist as ERC-20 tokens and are therefore easily transferrable and tradeable on a variety of centralized and decentralized platforms. It eliminates physical silver’s illiquidity by allowing users to trade it anytime, as long as they have access to an exchange.
Top 5 silver-backed cryptos
Now that you know what silver-backed cryptos are, here are the top five to buy right now.
AurusSilver (AWS)
AWS is a silver-backed ETH token created by a group of seasoned traders in the precious metals market.
Summary
AWS is a silver-backed Ethereum token produced directly by a network of experienced traders. The Aurus platform enables a worldwide network of precious metals suppliers, vaults, and dealers to tokenize actual gold, silver, and platinum bullions into AurusGOLD, AurusSILVER, and AurusPLATINUM on their own.
AWS price forecast 2022
At the time of writing, the price is trading at $0.76. By the end of the year, AWS is expected to reach a minimum level of $0.91. The maximum level could be $1.09.
AWS price forecast 2025
The price of AWS is projected to surpass $1.41. AWS is predicted to reach a minimum of $1.32 and a high of $1.69 in 2025.
SilverCoin (SC)
SilverCoin is the world’s first fractionalized silver-backed asset. It can be traded in either fiat currency or crypto.
Summary
SilverCoin is one of the most renowned silver-backed cryptocurrencies, with high trading volumes. You may exchange it for pure silver in the company’s vault. For example, SilverCoin may be redeemed for one ounce of silver at a 1:1 ratio of 100 SC.
SC price forecast 2022
The price of SC may reach a low of $0.005 and a high of $0.007, with an average trade price of $0.006.
SC price forecast 2025
In 2025, SC’s price can reach a minimum of $0.017 in 2025 and a maximum of $0.020, with an average price of $0.017.
Silverway (SLV)
SLV was established in 2018 and has been in operation for quite some time. Silverway is a component of the Slavi project, which intends to create a cryptocurrency digital infrastructure.
Summary
According to the Slavi project’s monetization plan, the token is the principal carrier of value and a source of payment for the platform’s activities and capabilities.
SLV price forecast 2022
SLV can pass the $0.0000856 level in 2022, with a low value of $0.0000784 and a high value of $0.0000889.
SLV price forecast 2025
SLV can go above the $0.000122 level in 2025, with a minimum value of $0.000109 and a maximum of $0.000127.
Silver Stonks (SSTX)
The Silver Stonks ecosystem is powered by the native token, SSTX, allowing traders to quickly diversify between digital and real assets.
Summary
The Silver Stonks ecosystem allows owners to buy actual silver through their e-commerce site, receive NFTs for purchasing certain silver goods, earn up to 12% APY by staking, and get memberships to access special educational content on their network.
SSTX price forecast 2022
SSTX can go above the $0.000000486 level, with a low of $0.000000466 and a high of $0.000000499.
SSTX price forecast 2025
SSTX is predicted to hit the $0.000000814 level in 2025, with a minimum level of $0.000000669 and a maximum level of $0.000000953.
Silvertoken (SLVT)
Silvertoken was created in 2017 as a crypto asset to reflect private silver ownership by owning the ERC20 token SLVT.
Summary
The volume of silver represented by each SLVT is publicly visible on the Silvertoken website. This allows any user to exchange SLVT for the current spot price of silver. In addition, Silvertoken offers a “Buy Back Guarantee,” which is always refunded to the user in ETH or USDC.
SLVT price forecast 2022
The price of SLVT can hit the $37.42 mark in 2022, with a low of $32.72 and a high of $38.36.
SLVT price forecast 2025
The price of SLVT can surpass $51.17 in 2025, with a low of $46.86 and a high of $53.26.
Pros & cons
| Pros | Cons |
| Price of silver-backed cryptos increases when silver increases | These cryptos are more volatile. |
| It has a much lower price. | It can take some time to understand silver-backed cryptos. |
| These cryptos have good long-term potential. | Such cryptos are subject to charges. |
Final thoughts
All of the silver-backed cryptos we listed have significant potential upside. It’s essential to look at each silver-backed token individually and invest in such projects.