Cryptocurrency users are able to utilize the cryptocurrency in their online wallets to make a purchase of gold and contribute to their gold savings! Purchases made using cryptocurrency can be redeemed using a bank wire transfer to a linked bank account!
PLEASE NOTE that purchases made using cryptocurrency cannot be redeemed to your GoldMoney Prepaid MasterCard.
Being an online platform with many different and diverse moving parts we are constantly optimizing our services to ensure user experience is the top priority. In an attempt to maintain all of the complicated, regulated processes on the back end of the technology and not burden our users, we have restricted cryptocurrency deposits to our Dubai Vault. By making this restriction all other processes on the platform can become simple and more streamlined.
We apologize if this causes any inconveniences for our users, though we do feel in the long run, this will make for a much smoother user experience on the platform.
To deposit using cryptocurrency, select the Deposit icon at the top of your Dashboard.
Select "One Time" from the displayed deposit types.
Select "Cryptocurrencies" from the displayed deposit options.
As mentioned above, cryptocurrency deposits can only be made to the Dubai vault. A list of the services available for funds in your Dubai vault is viewable by clicking the "Learn More" link in the vault limitations alert. A live price quote is provided, calculated from our live spot price including deposit fees.
Select your cryptocurrency from the dropdown menu. Enter the amount of cryptocurrency you wish to deposit and click "Process." Depending on the cryptocurrency you select, you may be asked to enter your return wallet address before you click "Process".
Copy the provided cryptocurrency address and paste it into your cryptocurrency client. Deposits require one (1) confirmation. You can also use the QR Code provided. You will need to confirm the transaction within 15 minutes or it will expire.
You will receive a Goldmoney Personal & Business deposit receipt email and a notification confirming the transaction.