Goldmoney (OTCMKTS:XAUMF) one of the world’s leading providers of physical gold, silver, platinum and palladium for private and corporate customers, allowing users to buy precious metals online announced today they have cut their fees in half.
The company stated the growth of Goldmoney Network revenue has allowed them to reinvest in its users, to reduce fees and share the prosperity.
As of today users can now deposit, redeem, and exchange gold between vault locations for only 0.5% above the spot gold price.
The company also stated users within the GoldMoney Network can earn 2x the bonus gold when they make a deposit of 0.1 grams or more within the first seven days of signing up.
Founded in 2001, Goldmoney’s mission is to provide secure and accessible gold-based savings to everyone, while also making gold useful for everyday payments.
Goldmoney is regulated by the Jersey Financial Services Commission and complies with Jersey’s anti-money laundering laws and regulations.
One-year gold price chart. Gold has sold off after the U.S. elections from around $1300 to now $1218.