Before you can start selling on the SGPMX Exchange, you must first have:
Activated and paid your Trading Account Fee ($100).
Ensure that you have the necessary bullion stored in the SGPMX Depository.
Step 1
Log in to the SGPMX Exchange Platform at: https://exchange.sgpmx.com/sgpmx.php#!/pageHome
Step 2
This is the Dashboard.
Click on the "Sell Products (Offer)" menu option.
Step 3
Key in login details.
Select the Bullion Product that you intend to sell.
Key in your selling/asking price.
Select the number of pieces/units.
Optional: Provide a plus or minus price threshold. Note that any bid that falls within this threshold will be matched.
Accept the Terms and Conditions.
Click “Next”.
Note: The minimum transaction value on SGPMX is US$ 1,000.
Step 4
Please verify all details of your bid.
When you are ready, click “Ask Now”.
If you would like to make a revision to the posting, click “Back”.
What happens next?
The system will automatically match your sale price with the buying/bidding prices set by other members of the Exchange. The exchange is a peer-to-peer platform to match orders on a willing buyer/seller basis, thus there may be times when your required price may not be matched.
Once there is a match, the sold products will be removed from your Inventory and funds will be credited into your Trading Account.
As an alternative, we may assist you to find a seller based on your sell order accordingly by contacting us at customerservice@sgpmx.com.