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How do I buy gold or silver using the preferred price option on the Exchange?
How do I buy gold or silver using the preferred price option on the Exchange?
Updated over 11 months ago

There are two ways to buy bullion on the Live Exchange.

  1. Live price: Immediately match with existing sell prices listed by other members of the Exchange.

  2. 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 preferred 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 "Preferred price".

Step 6

Fill up the quantity and unit price. This will auto-calculate the fees that is listed under the Fees section.

Step 7

Click on "Proceed".

Step 8

Check the details on the Confirmation page.

Step 9

Click on "Proceed".

Congratulations, you have successfully listed your buy price on the Exchange! You may view the status of your pending buy on the Buy & Sell Status page.

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