Goldmoney

Goldmoney Review

As a leading provider of vaulted metals, GoldMoney lets investors buy and sell gold, platinum, palladium bullion, and silver through its site. These metals are stored by independent vault operators on behalf of investors, who acquire outright ownership of their metals. Investors also have a delivery option.

As of late September 2017, GoldMoney Inc. has vaulted Bitcoin and Ethereum. These cryptocurrencies are secure, fully-reserved offline investable assets in Goldmoney Holding. This means that qualified clients can now buy, sell, or exchange crypto with nine fiat currencies and precious metals.

How Goldmoney Works

During periods of financial instability, many people believe that investments in the area of precious metals are the wisest way to handle your money.

The platform offers a convenient and well-trusted method of buying these metals, and this method is available 24 hours a day. Members can use the Holding to both store and purchase the metals.

GoldMoney is available in many different international companies. 44 of these companies have their account registrations “fast-tracked.”

Security at Goldmoney

Military-grade encryption (AES 256 and RSA 4096) is used by the company to secure account information, as well as personal details about customers. Bank-grade “KYC” (Know Your Customer) and “AML” (Anti-Money Laundering) are also used. Each account holder must upload their government-issued identification and go through a background check and phone verification.

All physical gold is secured at COMEX- or LBMA-approved vaults that are fully allocated segregated accounts. Currently, GoldMoney has partnered with BRINKS, a vault security company with roots that date back to 1859, and the Royal Canadian Mint.

GoldMoney, as of late September 2017, became the world’s first publicly-traded, regulated financial service to offer AML compliant exposure to crypto.

Exchange Rate & Fees

Purchasing and storage fees both depend on the precious metal’s monetary value, as well as the type. The Holding’s website posts a report of fees for its customers.

Special Features

• Sell, hold, and buy physical gold, silver, palladium bullion, and platinum online.
• Spend/withdraw cash from your holding using the Goldmoney Mastercard® Prepaid card.
• Hold in reserve or exchange nine currencies (GBP, USD, CAD, EUR, JPY, CHF, HKD, NZD, AUD) with no forex fees.
• Mobile app for Android and iPhone.
• Fully-reserved accounts that have audited (one-to-one) ownership of metal. Your metal is your money.
• Redeem coins and bullion bars at vaults and branches; or, you can have these coins or bars shipped to your home using Schiff Gold.
• Free currency and metal payments to other Goldmoney Holdings.

Ease of Use

Users have the ability to receive and send, as payment, gold to and from any BitGold seller or user. This is free. Gold can be sent as payment to non-users via email or mobile phone.

iPhone app users are able to spend their gold using a GoldMoney prepaid debit card. Many major credit cards are accepted globally, which extends the places at which funds can be spent via your account. Also, this feature includes ATM machines that you can use to withdraw local currencies.

Buy/Sell at Goldmoney

You can buy gold in different types of currency, just make a deposit with the method of your choice after you sign up.
Users can receive and send gold as payment for free from Goldmoney users (or to them). Non-Goldmoney users’ transactions must go through email or mobile phone.
The best part is your money is accessible at any time using a Gold Money prepaid debit card, making it very convenient for you to get your money. All this money is backed with actual gold bullion. The Holding has gold cubes stored at their headquarters, and these cubes can be delivered physically.

Bottom Line

Goldmoney is completely transparent. They are not a scam; instead, they are a legitimate investment opportunity. If you are already a gold investor, there is no better place than Goldmoney.
Gold’s demand is always high and its price is increasing, so don’t wait; get your gold today. Each day you wait, the price of gold increases, causing you to lose purchasing power. Sign up today to reap the rewards later.

To see how Goldmoney ranks against other industry-leading crypto exchanges and trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.