What is Token Teknoloji A.Ş. ONS Silver (ONSS)?

Token Teknoloji A.Ş. ONS Silver is a tokenized metal: a blockchain token issued by Teknoloji A.Ş. ONS that tracks Silver. Holding ONSS gives price exposure to Silver in a form that lives in a crypto wallet and trades around the clock.

What is the ONSS price today?

Token Teknoloji A.Ş. ONS Silver last traded at $51.06, down 3.73% over the last 24 hours. The figure refreshes automatically while this page is open.

What does one ONSS represent?

Token Teknoloji A.Ş. ONS Silver represents a fixed quantity of Silver held by its issuer. Check the issuer's documentation for the exact weight and redemption terms.

Can I buy ONSS on Anytime Capital?

Not today. Anytime Capital publishes Token Teknoloji A.Ş. ONS Silver prices as market data and does not currently offer trading in tokenized gold & precious metals. A free account gives you a non-custodial wallet and the ability to buy, sell and hold cryptocurrencies and stablecoins with same-day USD settlement.

Token Teknoloji A.Ş. ONS Silver (ONSS) — Tokenized Silver Price $51.06, Chart & Market Data | Anytime Capital

Token Teknoloji A.Ş. ONS SilverONSS

#30 in tokenized gold & precious metals by market cap

Metal: XAGSilverPrecious metal
Issuer: Teknoloji A.Ş. ONSWebsite
Networks: —

Live priceUpdated 58m ago

$51.06

-3.73% in the last 24 hours

$50.5324h range$53.08

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Price

Other XAG tokens on this market

Same underlying, different issuer. Spread is each token's price against ONSS.

Token	Issuer	Price	Spread	Market cap	24h
KAG	Kinesis Money	$50.91	-0.29%	$186.96M	-4.04%

ONSS: questions answered

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Market data is provided by CoinGecko and aggregated from third-party exchanges. Prices shown are on-chain token prices and may differ from the price of the underlying instrument on its primary market. Anytime Capital does not currently offer trading, custody or advice in tokenized gold & precious metals; this page is published for information only and is not an offer, solicitation or recommendation to buy or sell any asset. Digital assets are volatile and can lose value. Anytime Capital is a registered money services business; see the fees and limits page for the products we do offer.

About Token Teknoloji A.Ş. ONS Silver

Token Teknoloji A.Ş. ONS Silver (ONSS) is a tokenized metal: an on-chain token issued by Teknoloji A.Ş. ONS that tracks Silver (Precious metal). The price on this page is the token's on-chain price, aggregated across the exchanges that list ONSS.

Launched in November 2022, ONS Silver Token (ONSS) is an asset-backed token redeemable 1:1 for 1 ounce of silver. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by silver on the blockchain at a 1:1 ratio and is indexed to the price of ounces of silver. For each ONSS created, an equivalent amount of physical ounces of silver is held as collateral in the company's reserves.

ONSS provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike silver transaction limits in the market, there are no minimum transaction limits for ONSS transactions.

ONSS transactions are executed instantly and any amount of ONSS tokens can be converted to fiat currencies, ensuring quick and efficient transactions.

ONSS is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process.

As the demand for ONSS tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical ounces of silver to its reserves for each ONSS token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between ounces of silver and ONSS is maintained whilst keeping the market in balance between supply and demand.

And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of ONSS tokens from circulation when needed, ensuring a balance between ONSS and the ounce of silver. Thanks to this mint-and-burn mechanism, the price of ONSS is always in equilibrium with the price of the physical ounce of silver.