How do I Buy/Sell any currency amount worth of gold?
The Troygold technology allows for Fractional Ownership of physically vaulted gold. Our technology digitises any bullion gold coin or bar that is added to the vault storage, after giving it a unique identity number, and then making it available for sale on the platform.
When you save in gold with your Troygold account using the app, you enjoy direct legal ownership of the exact amount of the physical gold that you have purchased in specific coins or bars (depending on your region). In South Africa, the only gold form held in the vault is 1 ounce gold Krugerrands.
All your gold holdings are fully allocated, meaning these are specific coins or bars are given a unique ID number before they are securely stored and fully insured in a high-security precious metals vault.
Even if you purchase less than a full 1oz coin or 1kg bar, you are allocated as a co-owner of that specific coin or bar. This co-ownership model is similar to the concept of undivided shares in a property’s title deed.
Administration of the Troygold ownership register is managed by Troygold’s proprietary technology. A user receives an ownership certificate, indicating the ownership percentage and in which exact coins or bars the user’s ownership vests.
When you save in gold with your Troygold account using the app, you enjoy direct legal ownership of the exact amount of the physical gold that you have purchased in specific coins or bars (depending on your region). In South Africa, the only gold form held in the vault is 1 ounce gold Krugerrands.
All your gold holdings are fully allocated, meaning these are specific coins or bars are given a unique ID number before they are securely stored and fully insured in a high-security precious metals vault.
Even if you purchase less than a full 1oz coin or 1kg bar, you are allocated as a co-owner of that specific coin or bar. This co-ownership model is similar to the concept of undivided shares in a property’s title deed.
Administration of the Troygold ownership register is managed by Troygold’s proprietary technology. A user receives an ownership certificate, indicating the ownership percentage and in which exact coins or bars the user’s ownership vests.
Updated on: 22/05/2024
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