Blockchain technology creates an immutable record that manages the ownership of physical gold bullion.
How it works
Secure
Upon purchase of each xbullion token, 1 gram of .9999 gold is deposited into the vault and recorded against your token.
Own
Gold bar serial numbers are able to be allocated to tokens. Audit reports completed by BDO are regularly published.
Redeem
xbullion offers redemption in amounts of 1kg upon the surrender of tokens. Delivery is provided by an insured courier to major cities throughout the world.
Buying, Minting & Redemption
Buying
xbullion tokens are able to be bought and sold through our network of partner exchanges and OTC desks.
Storage
xbullion tokens can be stored in an ERC-20 compatible wallet, or xbullion compatible exchange.
Custody
Our partners make available token custody solutions which bring additional layers of security, insurance and peace of mind to large token holders.
Minting
New tokens are minted upon successful purchase and bullion deposited in secure vaults. Registered users can mint new tokens at any time through our partners, with wholesale pricing and deep liquidity.
Redemption
xbullion tokens can be redeemed for gold bullion by starting the redemption process online.
The xbullion redemption process allows any registered client to arrange to send to major cities globally via insured courier.
Existing tokens are also able to be transferred or redeemed for digital and fiat currency through any partnered exchange.
