Find more information below on a way to own digital gold using modern blockchain technology.
- What is Vaultchain Gold?
- What is blockchain technology?
- What is the Tradewind platform?
- How do I trade Vaultchain Gold?
- Are there any fees involved?
- How do I view my Vaultchain Gold holdings?
- How can I pay for Vaultchain Gold?
- Is there a maximum or minimum?
- Can I trade physical Gold for Vaultchain Gold and vice versa?
- Are my VaultChain Gold holdings audited
- What is the difference between Vaultchain Gold and a Gold ETF?
VaultChain Gold is investment grade physical gold vaulted with the Royal Canadian Mint. VaultChain Gold account balances and ownership are managed on the cryptographically secure Tradewind blockchain database. You may view your holdings at anytime through the Tradewind platform and buy, sell, or take delivery through Kitco.
The VaultChain™ blockchain creates an immutable record of transactions and account balances using cryptography, meaning the records are tamper-proof through time. Transactions must be cryptographically signed by platform participants to prove their authenticity, including registration of investment grade physical gold that underlies the platform, which must be cryptographically signed by the Royal Canadian Mint.
Tradewind and the partners it appoints are responsible for adding your gold holdings to the blockchain.
The Tradewind Platform is an electronic market and blockchain technology solution that connects market participants and enables them to deal in VaultChain Gold.
Contact our customer service team to set up an account and place an order; orders can only be placed by phone at this time. Once Kitco receives your payment and it has cleared, your VaultChain Gold ounces will be transferred to your account using blockchain technology. Your holdings are trackable via the distributed ledger, which you have access to 24/7.
***INTRODUCTORY LIMITED-TIME OFFER***
Call our Customer Service Team at 1-877-775-4826 to see if you are eligible for account opening and settlement fees to be waived.
Once our offer has ended, fees will be as follows:
Upon your first purchase of VaultChain Gold, an account opening fee of $100 will be applicable. Each following transaction, purchase, sale, or conversion, a settlement fee of $25 USD will be applicable.
You may view your VaultChain Gold holdings by logging into your Kitco account where you will have access to your Tradewind digital ledger dashboard. Your dashboard contains information regarding pending and settled transactions, as well as your VaultChain Gold balance.
Kitco’s regular methods of payment are accepted for all VaultChain Gold transactions.
VaultChain Gold is available in as little as 0.001 oz of gold. There is no maximum amount you can buy or hold, however certain collateral criteria must be met when purchasing in amounts over $50,000 USD/CAD.
Yes, Kitco would be able to trade in your physical gold to VaultChain Gold holdings after testing and verification of your physical gold.
You may also exchange your VaultChain Gold ounces for precious metal bullion products that Kitco has available in stock. Note that you will be charged fabrication, shipping, and insurance costs when you exchange VaultChain Gold holdings for precious metal bullion products.
The Royal Canadian Mint is a Crown Corporation therefore does audits through the Attorney General. Their holdings, including those held in trust of VaultChain Gold customers, are on public record.
Each unit of an ETF represents ownership in a fund or trust that in turn holds physical gold with a bank or other depository. The fund or trust charges owners an annual fee to cover various costs. Final beneficial owners do not control the underlying asset and cannot take physical delivery. VaultChain Gold is physical gold owned directly via a blockchain database; there is no intermediary trust or fund, and it is deliverable in full.