xbullion sources gold from the world’s most reputable suppliers.
All gold bullion is recorded via a serial number, which is registered to the xbullion token.
Tokens and serial numbers are audited by accounting firm BDO, fully insured and redeemable anytime, for digital and fiat currency, or gold bullion.
xbullion allows the token holder access to the physical bullion, recorded via serial number, while also providing insurance, audit, global liquidity and effortless transferability.
xbullion is an ideal mechanism to invest securely in physical bullion and is a direct competitor to ETFs and fractionalised products offering extremely competitive pricing around spot price, as well as low management fees for institutional and large holders.
xbullion is able to be transferred peer to peer, or traded on various exchanges around the world. Token holders have complete freedom around where, when, and how their allocated gold bullion is transferred or redeemed with the immutability of blockchain technology.
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Leading advisors working with bullion
Buying, Minting & Redemption
We are able to send your tokens to an ERC-20 compatible wallet, or xbullion compatible exchange quickly and easily.
We are able to provide you with a physical cryptocurrency wallet containing your purchased xbullion tokens as a service, so you can easily store your tokens.
xbullion can be stored offline on a memory stick, or cold wallet. You will have confidence in knowing xbullion is secured by the full backing of allocated, audited and insured gold bullion.
New tokens are minted upon successful purchase and bullion deposited in our secure vault. Registered users can request to mint a new token at any time using the bullion spot price, plus a 30c minting fee to cover gold bar and other costs.
The minting portal is due to launch in Q4 2019 allowing users direct access.
Existing tokens are able to be transferred or redeemed for digital and fiat currency through any partnered exchange or peer-to-peer transaction. 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 collect their gold bullion from the vault, or arrange to send to major cities globally via insured courier. The xbullion redemption process is expected to launch Q4 2019.