Redeeming your tokens for bullion.
Part Of What Make Us So Unique Is The Ease With Which You Can Redeem Your Tokens For Real Gold Or Silver Bullion. Redemptions Are Managed Through Ainslie Wealth In Brisbane, Australia. This Is How It Works:
- Both Gold Standard and Silver Standard tokens are fully redeemable for the bullion, facilitated through Ainslie Wealth. There is a withdrawal fee payable of $250 to cover the administration and logistics of withdrawing the metal held.
- Ainslie Wealth also accept both Gold Standard and Silver Standard as a form of payment for any quantity or type of bullion just as they do for other cryptocurrencies.
- If you are remote to Brisbane, Ainslie Wealth can ship your bullion directly to you, arrange a storage account where they can store it for you, or deliver (no charge) to Reserve Vault where you can get your own safe or a custodial account.
- Generally you can redeem without notice, simply transfer the tokens to Ainslie Wealth and they hand over the bullion. However for larger redemptions you should ring or email Ainslie Wealth to allow time (up to a week) for them to recover the metal from Reserve Vault.