Invest in

Gold / Silver

spend it anytime,via payment card

IoteX is a simple solution to buy and securely store gold free and spend its UpToDate value via our payment card in multiple currencies.

Why we’re trusted

Regulated

As a Fully regulated system under Europe Central Bank policy, we are compatible with GDPR, and also a trusted source for your investment

Audited

Physically deposited gold is periodically audited with independent authorized legal entities to ensure the customers a 1:1 ratio. the report itself will publish publicly

Legal Entity

We are a legal entity and regulated under the commercial law of Estonia. We work under the regulation to protect your assets from any risks.

Privacy Protection

Your personal data will never be published according to GDPR and you can transfer your assets in private.

Keep your money safe from inflation

Buy things with your stored gold not fiat currency.

Turn gold into money instantly, use it in Realtime

Invest your savings and your daily bank account and receive the market growth of gold.

Strong partners

We use proven and reputed precious metal wholesalers and payment services as partners.

Low & competitive fee

Exceptionally competitive fee for buying IoteX gold and zero storage fees. compare to other forms of physical gold or jewelry.

No storage fees

Almost all wholesalers would charge you for the storage or custody of your gold. There is no whatsoever for securely storing your gold in trusted international known storage.

Flexible & Redeemable

You can redeem IoteX Gold in measurements specified by minting and wholesalers (bars, coins, …). You can always redeem for USD at current gold market prices (spot).

Secure storage

Our wholesale patterner (in this time GVS) has had vast and trusted vaults of tons of gold for many years with no incidence. Many big companies and hedge funds keep their gold with them.

Highly liquid investment

The liquidity of investment has always been an important factor for investors. IoteX is the fastest way to get your gold (precious metal) investment live market value in cash.

Payment card

Through our payment card, you can use your gold in shops and buy things. This means that we would sell your gold at live market price and give you the value at the moment.

TAX & VAT free

Buying gold is an investment. As long as you keep your gold in our store there will be no tax & VAT. If you redeem your gold and ask for it in physical form, local tax may apply to you.

Introduce IoteX your friends!

Earn discount*

How it works!

It's easier than you think. Follow 3 simple easy steps

Register & Complete your profile

Enter your details, apply within minutes and get set up all in one go to create transactions

Send us your funds

Select currency amount you want to send and enter your beneficiary details

We deliver payment card to you

Pay in any shop by your new gold Credit/Debit card, and we do the rest. That's it!

Frequently asked questions

We have a list of frequently asked questions about us

Get Started

IoteX is a series of Precious Metal (PM) backed currencies. For each IoteX Gold, there is a one-to-one ratio of an ounce of precious metal (in the case of IoteX Gold one fine troy ounce of a London Good Delivery gold bar). IoteX would do all the work to buy, sell and store in professional vault facilities and provide you with the facilitated payment card in which you can do day-to-day buying and transactions. Anyone who owns IoteX Gold has ownership rights to that gold under the custody of IoteX Company. Since IoteX Gold represents physical gold, its value is tied directly to the real-time market value of that physical gold. On the IoteX platform, you can convert your IoteX Gold to gold coins or bars, or fiat currency quickly and efficiently, reducing your exposure to settlement risk.

Owning physical assets online provides you with the combined benefits of both physical and digital assets. As an IoteX Gold holder, you will be able to enjoy ownership of gold while avoiding drawbacks associated with physical gold, such as high storage costs, security, and limited accessibility. More importantly, you can liquid your investment (Precious Metal such as IoteX Gold) in a matter of seconds and spend it with the IoteX payment card in whatever seems fit.

The total supply of the IoteX Gold is equal to the gold owned by IoteX. a 1 to 1 ratio of one fine troy ounce of gold to IoteX gold would be always constant. The total supply of IoteX gold will continuously change because of market demand but the ratio would be consistent.

Yes. You can buy a small fraction of IoteX gold. It is divisible into 1/1000 of a troy ounce. The minimum purchase is 0.001 of IoteX Gold which is equal to 0.001 of an ounce of gold. (now its value is around 1.8 USD)

At the time of buying IoteX charges a small competitive fee to process the allocation of the gold. The fee chart is shown below.

Amount of IoteX Gold	Estimated Cost per USD* (Based on May 2022 market value of roughly $2k/oz)	Purchasing fee Applied whenever IoteX Gold is sold to a customer
5 or less than 5**	2000$	4%
5 - 10	$10k – $20k	3.8%
10 - 25	$20K - $50k	3.5%
25 – 50	$50k - $100K	3.2 %
50 +	$100k +	2.9%

*Fee percentage is calculated based on IoteX tokens; USD is included in this chart as an estimate for reference only

**The minimum purchase amount is 0.001 IoteX

You can easily click and buy it from the purchase page. Remember that you can buy it only in specified fractions (0.001 of IoteX equal to 0.001 of gold)

The minimum purchase amount is 0.001 IoteX Gold or 0.001 fine ounce troy today (May 2022) valued at 1.8 USD.

There are no custody or storage fees. Purchasing fee will be applied when you buy the gold. This fee is shown separately in purchasing panel.

You can redeem your IoteX gold any time in form of cash through our payment card and physical form. Redeeming in physical form can be done only in specific quantities. Since there is a limited number wight of coins and bars in the market. Since we will buy gold only in heavy allocated bars, the cost of minting (difference price 400 oz bars to the coin of your choice) the low weight coins and bars will be applied to you. Other costs will be the cost of shipping, insurance, and tax which would vary by your location.