Trading Gold online with AltCoinTrader is as simple as trading crypto.
A 1 ounce Gold coin is represented by 1 XAU on your AltCoinTrader profile, you are able to buy or sell a fraction of an XAU making it easier for you to own gold. The most popular Gold coin we accept is a Gold Krugerrand.
XAU prices on AltCoinTrader are based on Gold coin prices please feel free to watch our CEO explain more about this.
Depositing Gold coins
When you would like to make a deposit, please send an email to email@example.com
requesting a date and location for the deposit, deposits can be made at your local Scoin shop or could be collected from you via a courier service (Collection fees may apply). As soon as the coins have been verified by us your AltCoinTrader account will be credited with the XAU value.
The minimum deposit is a 1oz Gold coin (Normally a 1oz Gold Krugerrand), with no maximum.
Withdrawing Gold coins
If you wish to withdraw Gold coins from AltCoinTrader you would typically be paid out in Krugerrand's. These coins will be collected from your nearest Scoin shop situated throughout South Africa, alternatively, other withdrawal arrangements can be discussed.
Withdrawal fees are currently set at R 1 000.00 for Gold coin withdrawals.
Withdrawals can take up to 24 hours to be processed, thereafter you will be notified on the collection location and date.