πŸ’» Operations with VNX Gold on VNX Platform

On the VNX Platform, VNX Gold holders may:

  • Purchase gold and receive VNX Gold tokens;

  • Sell VNX Gold and receive the sale proceeds in fiat or in supported cryptocurrencies;

  • Collect gold bars from the vault;

  • Request delivery of gold to the specified address (subject to confirmation in each case).

VNX Commodities AG supports operations in Euro and in cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and USDC.

Physical collection and delivery of gold bars is possible in gold bars starting from 1 kg and multiples thereof. The sale and purchase transactions with VNX Gold tokens on the VNX Platform are possible in smaller amounts.

Transactions with VNX Gold tokens on the VNX Platform are automated. Transactions (purchase and sale) with larger amounts (starting from 1 kg) are usually completed within one business day. However, in extraordinary circumstances (e.g. market disruptions, delays in bank transfers of funds, etc.) it may take longer.

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