Questions and Answers

Questions & Answers – OrdinalGold.io

About the Project

Q: What is OrdinalGold.io?
A: OrdinalGold.io is a platform that allows you to buy, own, and trade real physical gold via secure Bitcoin blockchain tokens. Each token represents one gram of genuine bullion-grade gold that is mined, tracked, and verified at every stage from mine to bullion.

Q: How does OrdinalGold.io work?
A: We partner with gold producers through streaming agreements, financing the mining process upfront. The gold starts underground and is tracked from mine to vault using our proprietary Honey Badger Oracle™ system. Tokens representing your ownership are issued on the Bitcoin blockchain, ensuring secure, transparent, and immutable proof of your holdings.

Q: Why does OrdinalGold.io offer such a large discount on gold (up to 25%)?
A: OrdinalGold.io offers a significant discount because of the special partnerships we have with artisanal and small to medium-sized miners. Unlike traditional gold sellers, we buy gold directly from producers before it is extracted from the mine, providing upfront financing that helps the miners operate sustainably and responsibly.

This direct sourcing and early financing through streaming agreements means we can offer gold at wholesale prices, passing savings on to you as the buyer. The discount incentivizes purchasing gold at this early stage, helping miners fund extraction and processing, while you secure physical bullion-grade gold tracked transparently via blockchain before it even hits the market.

In essence, the discount reflects a win-win model: miners receive critical capital sooner to improve their operations, and buyers gain access to competitively priced, authenticated gold with full traceability on the blockchain.

Trust, Security & Verification

Q: How is the gold stored and insured?
A: Your gold is securely stored in fully insured vaults located in top global financial centers, such as Switzerland and London. Each vault undergoes independent audits, and our insurance policies cover token holders’ gold. Quarterly audit reports are published publicly to ensure transparency.

Q: Who audits the gold inventory and the token-to-gold mapping?
A: We engage reputable external audit firms to conduct physical inventories twice a year. The audit reports will be made available on our website. The connection between tokens and specific gold can be independently verified on the Bitcoin blockchain using the Honey Badger Oracle™ system.

Q: Is my gold safe with OrdinalGold.io?
A: Absolutely. We use insured, high-security vaults and perform regular third-party audits. Additionally, blockchain technology guarantees traceability and ownership authenticity.

Q: Is OrdinalGold.io a scam? Can I trust this platform?
A: OrdinalGold.io is a legitimate organisation committed to transparency and compliance. We adhere to strict KYC and AML regulations, operate within global legal frameworks including MiCAR, and publish third-party audit reports. Our technology allows anyone to verify their holdings independently.

Legal, Regulation & Compliance

Q: Is OrdinalGold.io fully regulated?
A: Yes. We comply with global regulations, including Know Your Customer (KYC) and Anti-Money Laundering (AML) laws. We follow the Markets in Crypto-Assets Regulation (MiCAR) in the EU and adhere to Swiss and Liechtenstein frameworks, ensuring our services meet the highest standards for transparency and consumer protection.

Q: In which countries can I purchase or trade OrdinalGold tokens?
A: Our tokens are available worldwide, except where local laws prohibit their use. Please consult our Terms & Conditions or contact support for information specific to your jurisdiction.

Token Mechanics & Financials

Q: Can I redeem my tokens for physical gold?
A: Yes. You may request physical redemption after a minimum holding threshold prsently set at 100 grams. Redemption requires completing KYC verification and paying applicable shipping and handling fees. We aim to fulfill physical delivery within 30 days.

Q: What fees apply when using OrdinalGold.io?
A: Our fees are transparent and designed to cover the costs of issuing, securing, and managing your gold-backed tokens. They include:
– Issuance fee: A one-time fee of approximately 1.5% charged when purchasing tokens. This covers token creation and initial processing costs.
– Annual custody and insurance fee: Around 0.5% per year, covering secure vault storage, insurance, and regular audits to protect your gold.
– Redemption and shipping fee: A fee of 1% of the gold’s value (or a fixed shipping cost) applies when redeeming tokens for physical delivery, covering shipping, insurance, and handling.

Q: Do I earn profits, dividends, or staking rewards with OrdinalGold.io tokens?
A: No. The tokens represent direct ownership of physical gold only. There are no profits, dividends, royalties, or yield distributions. We offer only the avenue to own physical gold. Nothing more or less.

Risks & Disclaimers

Q: What risks should I be aware of?
A: Risks include regulatory changes, security and insurance risks of vaults, mining partner reliability, blockchain technology risks, gold price volatility, and potential shipping delays. We mitigate these by diversifying mines, regularly auditing inventory, using insured vaults, and employing rigorous partner selection.

Additional Information

Q: How can I verify my holdings?
A: You can independently verify ownership and token-to-gold mapping on the Bitcoin blockchain using our proprietary Honey Badger Oracle™ system. Audit reports and inventory updates are always available on our website.

Q: Does OrdinalGold.io support sustainable mining?
A: Yes. We finance sustainable mining operators and empower local communities with blockchain payments, promoting ethical and responsible gold sourcing.