Cryptocurrency redemption

Last Updated:

As of March 6, 2019, cryptocurrency purchases will no longer available on the Goldmoney Holding. Customers who currently store cryptocurrency with Goldmoney will be able to liquidate their position or request that their cryptocurrency be delivered to their personal wallet.

Goldmoney promises a seamless exit for all clients that hold Cryptocurrency within their Holding. Our team is preparing several options that we hope will minimize any inconveniences this decision may have caused.

  • Clients will be allowed to take delivery of their cryptocurrency to their personal wallets up until May 6, 2019. After this date, Goldmoney will proceed to sell any remaining cryptocurrency positions and place the proceeds from the sale in the clients Holding. More details will be announced soon regarding the transfer mechanism to personal wallets.
  • Clients can sell their cryptocurrency into one of Goldmoney's nine national currencies, which can then be used to buy precious metals.
  • Clients can sell their cryptocurrency and withdraw the sale proceeds to their bank via bank wire.

On May 6th, Goldmoney will sell any remaining cryptocurrency positions and place the proceeds from the sale in your Holding as a USD fiat balance. 

Have questions? Feel free to reach out to our Relationship Management team.

Was this article helpful?
26 out of 30 found this helpful
Have more questions? Submit a request