About Bitgold
According to an interview with CNBC they have 104,817 active customers and store approximately 276 kilograms of bullion stored or about $10.7 million at $1,213 per ounce. This means there are approximately $103 per active user.Major competitors include BullionVault and GoldMoney. BullionVault has approximately 55,000 customers and $2B of bullion stored or about $36,000 per customer while GoldMoney has about 22,000 customers and $1.3B or about $60,000 per customer.
On March 4, 2015 Bitreserve brought suit against Bitgold in the New York Southern District Court case number 1:2015cv01593.
On May 13, 2015 Bitgold Inc. began trading on the TSX Venture exchange in Canada.
On May 22, 2015 Bitgold Inc. announced the purchase of GoldMoney operating subsidiaries and intellectual property in a transaction valued at CAD$51.9m.
On June 26, 2015 Bitgold Inc. announced:
US residents can sign up on the BitGold platform and buy, sell, or redeem gold using BitGold’s Aurum payment and settlement technology. US residents will also have access to the BitGold mobile app and a prepaid card when these features launch over the coming weeks. Send and receive gold payment features are not initially available in the US.
What are Bitgold's products and services?
The BitGold “Aurum” gold-settlement technology is now integrated via the Automated Clearing House (ACH) network in a NACHA compliant manner with nine of the top US financial institutions including: JP Morgan Chase, Bank of America, Wells Fargo, Citi, US Bank, USAA, Fidelity, Charles Schwab and Capital One. BitGold users with an account at one of these institutions can instantly authorize deposits or redemptions. This makes transactions more automated, secure and avoid possible bank wire fees.Users can send and receive gold as payment to and from any BitGold user or seller for free. Gold can be sent as payment to non-BitGold users with email or mobile phone. This does seem like an interesting use case in the Information Age.
Users can spend gold with a BitGold prepaid debit card. Since many major credit cards are accepted globally this greatly extends the places where funds can be spent from a Bitgold account. Additionally, the feature includes ATM machines to withdraw local currency.
The 10 gram BitGold gold cubes are worth approximately US$380. They can be redeemed by users on the BitGold platform. Being able to demand physical delivery at any time is very important when it comes to gold investments.
how to earn in bitgold
BitGold Affiliates is the official affiliate program of BitGold, the most innovative platform for gold payments and savings powered by gold.
We offer a secure environment for buying, saving, and spending gold.
With
over 350,000 customers in over 150 countries in the first 5 months,
BitGold is quickly becoming the most exciting growing brand in the
world.
BitGold affiliates have the ability
to earn commissions for bringing new customers to the largest and
fastest growing gold payments and savings platform on the web.
"Cost per Acquisition", we will pay you a
one-time fee for each first time depositor ("FTD") that you bring to the
BitGold platform, starting at $25 USD and going as high as $35 USD per
customer.
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