Quote from: dugidox on October 01, 2018, 07:33:50 PM

Quote from: Godbex Solutions on September 25, 2018, 06:07:05 PM

Quote from: dugidox on September 25, 2018, 12:37:07 PM

Which mints you are refereeing to when you say "worlds leading mints", do you have any partnership established? As per my knowledge, you cannot come to mint and buy 100kg Gold bars just like that
From Whitepaper i see that you have 2 different gold markets, how do you plan to organize price on both markets, it will be the same on both for 1 troy oz?

Just like you said, not everyone can buy gold directly from the mint. There are certain requirements, procedures and strict rules to become mint's partner. Company Moro & Kunst Ltd. succeeded to establish such partnerships long ago with Argor Heraeus and PAMP from Switzerland and Austrian Mint from Vienna. Godbex will be included in these partnerships and will add some new ones in other regions as demand grows. Therefore, we will be able to deliver the fast unlimited amount of gold bars with the highest quality.

The two modules, Gold Bullion Trading and Exchange, will operate independently, so the price of one Troy ounce will be formatted differently. Within Gold Exchange module users will be able to buy and sell gold bars from 1 to 5.000 grams. Prices will be formed on the basis of the current price of gold in the spot market and the trading margin. In the Exchange module, only one Troy ounce gold bars will be tradable and the price will be determined by the exchange market only (bid/ask principle).

So if i understand good, users will be able to withdraw gold bullions from exchange too, Troy ounce gold bars? Example if i put 1 BTC and transfer through GBE to gold pair, then in 2 months i have 20 ounces. Am i able withdraw those 20 ounces from the exchange in a physical way?

Yes, all verified users will be able to transfer theirs value from cryptocurrency to gold bullions and vice versa using GBE token as a bridge. For example, if your account on Godbex platform has a balance of 1 BTC, you can convert value of 1 BTC into corresponding number of ounces via GBE token, based on the trading rate in the time of transaction. Afterwards, after buying gold bars, user will have two main options: gold delivery or vault deposit. Namely, Godbex user can order a fast and guaranteed delivery straightforward at his home address, where the gold delivery will be performed by FedEx in a few business days, or, store the purchased gold bars in our Vault. Secured storage will be managed by our partner Loomis International in USA, Switzerland and Hong Kong. Storage content will be audited and checked by an external auditor on a monthly basis.

Moreover, both cryptocurrencies and gold bullions will be tradable on our platform, so you will have chance to increase your wealth.