Traditionally, the acquisition of gold bullion involved conducting face-to-face, transactions from a small number of reputable local merchants known to the buyer. More recently, the advent of digital gold and online shopping has made it more convenient to buy and store bullion, with competitive pricing to match. Despite these advancements, ensuring a safe investment in digital gold requires careful consideration of several key factors – the reputation of the merchant; the quality of the gold; the security of the digital token; the storage solution; and the trading platform behind it. Let’s explore each of these in detail:
Provider’s Reputation
When purchasing gold bullion, the reputation of the provider is crucial for peace of mind. It is essential to choose a well-established and financially stable merchant. For example, DuBois has a longstanding history in financial innovation, dating back over 35 years and were one of the first Swiss banks to offer internet banking in the 1990s. DuBois is also a member of the Swiss Financial Service Standards Association (VQF), a FINRA-recognised self-regulatory organisation, ensuring adherence to strict regulatory standards.
Bullion Supply Chain
Understanding the bullion’s supply chain is vital to verify the gold’s authenticity and quality. This includes the refiner that produces the gold, the assayer that validates the gold content, and the vault that stores the gold. It is essential that this chain is unbroken and regularly audited.
DuBois sources 9999 purity Swiss gold exclusively from LBMA-accredited refiners. The London Bullion Market Association (LBMA) is the world’s most well-regarded gold market, ensuring that participants adhere to a strict set of sourcing and purity standards.
Storage
DuBois prioritises the secure storage of our clients’ gold. The gold is stored in ISO:9001 compliant, armoured Swiss vaults operated by Helveticor, an independent custodian within the LBMA system. The gold is also subject to monthly third-party audits by Alex Stewart International, who confirm the availability, fineness and provenance of the bullion. To maintain full transparency to our clients, the reports are publicly available, at duboisgold.com and dau.xyz. DuBois’ storage solution includes comprehensive insurance coverage from Howden of London, ensuring complete protection of your gold assets..
Digital Security
Buyers of digital gold must consider the security of the blockchain where their assets are stored. With DuBois, your records of ownership are stored on robust distributed networks, and owners take responsibility for their gold by using third party software to access their records. DuBois’ digital gold tokens are freely transferable using Lexim Trading DMCC, the primary distributor of DuBois’ products, via Peer-to-Peer trading (P2P) or via a network of authorised third party vendors.
Transfer and Trading
Lexim, the primary distributor of DuBois’s digital gold products offers a professional-quality trading platform with user-friendly features and high security standards. The platform supports an efficient, straightforward onboarding process. The platform ensures compliance with strict security protocols, including storage of digital assets in cold wallets, multi-factor authentication (MFA), segregation of client funds from company assets and encryption safeguarding customer data. Lexim’s infrastructure is audited by a reputable firm to ensure compliance with relevant security standards.
The Lexim platform also features low transaction costs, real-time pricing and 24/7 trading availability, as well as the ability to deposit funds in multiple currencies. Lexim has an extensive network of distributors and resellers, catering to the diverse needs of our customer base across numerous jurisdictions and in many currencies. Our fees are integrated into our digital gold products, meaning there are no additional holding, transport, or storage costs, and there are no buy/sell fees for trading either KBAR or DAU (individual resellers may have their own fee schedule). There is a 0.1% on-chain transfer fee when title is transferred between wallets, and this is collected automatically by the smart contract.
Conclusion
Considering these factors ensures that your digital gold investment is secure, accessible, and transparent. Together, DuBois and Lexim offer comprehensive solutions that combine industry-leading security with user-friendly platforms, making it easier to buy, store, and trade digital gold with confidence. This approach allows investors to benefit from the value of gold without the complexities of physical ownership, ensuring peace of mind and accessibility at all times, from anywhere in the world.
Traditionally, the acquisition of gold bullion involved conducting face-to-face, transactions from a small number of reputable local merchants known to the buyer. More recently, the advent of digital gold and online shopping has made it more convenient to buy and store bullion, with competitive pricing to match. Despite these advancements, ensuring a safe investment in digital gold requires careful consideration of several key factors – the reputation of the merchant; the quality of the gold; the security of the digital token; the storage solution; and the trading platform behind it. Let’s explore each of these in detail:
Provider’s Reputation
When purchasing gold bullion, the reputation of the provider is crucial for peace of mind. It is essential to choose a well-established and financially stable merchant. For example, DuBois has a longstanding history in financial innovation, dating back over 35 years and were one of the first Swiss banks to offer internet banking in the 1990s. DuBois is also a member of the Swiss Financial Service Standards Association (VQF), a FINRA-recognised self-regulatory organisation, ensuring adherence to strict regulatory standards.
Bullion Supply Chain
Understanding the bullion’s supply chain is vital to verify the gold’s authenticity and quality. This includes the refiner that produces the gold, the assayer that validates the gold content, and the vault that stores the gold. It is essential that this chain is unbroken and regularly audited.
DuBois sources 9999 purity Swiss gold exclusively from LBMA-accredited refiners. The London Bullion Market Association (LBMA) is the world’s most well-regarded gold market, ensuring that participants adhere to a strict set of sourcing and purity standards.
Storage
DuBois prioritises the secure storage of our clients’ gold. The gold is stored in ISO:9001 compliant, armoured Swiss vaults operated by Helveticor, an independent custodian within the LBMA system. The gold is also subject to monthly third-party audits by Alex Stewart International, who confirm the availability, fineness and provenance of the bullion. To maintain full transparency to our clients, the reports are publicly available, at duboisgold.com and dau.xyz. DuBois’ storage solution includes comprehensive insurance coverage from Howden of London, ensuring complete protection of your gold assets..
Digital Security
Buyers of digital gold must consider the security of the blockchain where their assets are stored. With DuBois, your records of ownership are stored on robust distributed networks, and owners take responsibility for their gold by using third party software to access their records. DuBois’ digital gold tokens are freely transferable using Lexim Trading DMCC, the primary distributor of DuBois’ products, via Peer-to-Peer trading (P2P) or via a network of authorised third party vendors.
Transfer and Trading
Lexim, the primary distributor of DuBois’s digital gold products offers a professional-quality trading platform with user-friendly features and high security standards. The platform supports an efficient, straightforward onboarding process. The platform ensures compliance with strict security protocols, including storage of digital assets in cold wallets, multi-factor authentication (MFA), segregation of client funds from company assets and encryption safeguarding customer data. Lexim’s infrastructure is audited by a reputable firm to ensure compliance with relevant security standards.
The Lexim platform also features low transaction costs, real-time pricing and 24/7 trading availability, as well as the ability to deposit funds in multiple currencies. Lexim has an extensive network of distributors and resellers, catering to the diverse needs of our customer base across numerous jurisdictions and in many currencies. Our fees are integrated into our digital gold products, meaning there are no additional holding, transport, or storage costs, and there are no buy/sell fees for trading either KBAR or DAU (individual resellers may have their own fee schedule). There is a 0.1% on-chain transfer fee when title is transferred between wallets, and this is collected automatically by the smart contract.
Conclusion
Considering these factors ensures that your digital gold investment is secure, accessible, and transparent. Together, DuBois and Lexim offer comprehensive solutions that combine industry-leading security with user-friendly platforms, making it easier to buy, store, and trade digital gold with confidence. This approach allows investors to benefit from the value of gold without the complexities of physical ownership, ensuring peace of mind and accessibility at all times, from anywhere in the world.