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The many benefits of a
gold stablecoin
Kitco Gold is a new way to invest in the gold market. Kitco Gold (symbol: KGLD) is a stablecoin backed by pure gold held securely at the DirectReserve™ Vault. Kitco Gold combines the safe-haven benefits of owning physical gold with the flexibility, affordability and security of a digital asset.
1:1 ownership of physical gold
Owners of Kitco Gold own equal weight in physical gold. Every Kitco Gold coin is fully backed by bullion held at DirectReserve Vault.
FAST AND BORDERLESS
Send and receive Kitco Gold anywhere in the world in minutes. Convert to USD or redeem for physical gold at any time.
MINIMAL FEES
Owning gold doesn't have to be a costly and complicated process. Enjoy low storage costs and minimal network fees.
TRANSPARENT AND AUDITED
Publicly verifiable and encrypted on-chain transactions, and a frequently audited gold reserve.
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Elevating Tradition While Embracing the Future
Traditional gold investment and technological innovations like blockchain technology each have valuable elements that the other lacks. Investing in physical gold is reliable, but it is also time-consuming and costly. Kitco Gold combines the best of both worlds to deliver easy, unparalleled access to physical gold ownership.
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FEATURES & BENEFITS
Backed with .9999 gold held securely at the DirectReserveTM Vault
Easily issue/redeem Kitco Gold with USD via wire transfers
1:1 ownership of fine gold with no storage costs & no management fees
Redeemable for gold via physical delivery services from Kitco
Send/receive Kitco Gold globally in minutes for little cost
Multi-chain inter-operability support (ERC 20 & BEP2)
Instant issuance & redemption 24/7 (with Stably/First Digital Trust Account)
ACH & credit/debit card support for deposit & withdrawal*
Global KYC and wire support capabilities
Mobile app with managed wallet (iOS & Android)**
* Requires Kitco Gold trust account. Other conditions may apply.
** Coming in Q1 2022.
* Requires Kitco Gold trust account. Other conditions may apply.
** Coming in Q1 2022.
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WHY KITCO GOLD
Kitco Gold | Gold ETFs | Physical | Futures | |
---|---|---|---|---|
BACKED BY PHYSICAL GOLD |
N/A |
|||
INSTANT LIQUIDITY (24/7 ACCESS) | ||||
DIRECT OWNERSHIP OF THE METAL | ||||
ABILITY TO BUY IN ANY QUANTITY | ||||
INDEPENDENT LEDGER VERIFICATION | ||||
FULLY INSURED | ||||
CUSTODY FEES |
NONE |
0.17-0.40% NAV |
0.33-1.25% NAV |
N/A |
SETTLEMENT TIME |
INSTANT* |
2+ days |
1+ days |
End of contract |
*Depending on the platform on which the trade is executed.