There are two ways to buy bullion on the Exchange.
Live price: Immediately match with existing sell prices listed by other members of the Exchange.
Preferred price: List your buy price on the Exchange until a willing seller is available to match your buy price.
In this tutorial, we will guide you through the steps to buy using the live price option.
Step 1
On the menu, click on "Buy & Sell".
Step 2
Under transaction type, select the "Buy" option.
Note: By default, the selected transaction type is "Buy".
Step 3
Select the precious metal type. The options available are:
Gold
Silver
Step 4
Select the item you would like to buy.
Note: Items ending with "(ATS)" are items that were brought in via the Asset Transfer Service (ATS) and had been authenticated using non-destructive methods. You can read more about the service here.
Step 5
Under "Buy at", select "Live price".
Note: If the "Live price" option is disabled, that means that there is no available seller. You can then instead list your buy price under "Preferred price". You can read the tutorial here.
Step 6
Fill up the quantity. This will auto-calculate the fees that is listed under the Fees section.
Note: The quantity will be automatically set to the minimum quantity required to meet the minimum trade value of our platform. If the quantity does not meet the minimum trade value, you will not be able to buy the item.
Step 7
Click on "Proceed".
Step 8
Check the details on the Confirmation page.
Step 9
Click on "Proceed".
Congratulations, you have successfully purchased precious metal! You may view the item in your inventory balance.
