annagreyson958 Posted 4 hours ago Posted 4 hours ago I’m looking into how practical it really is to redeem a Gold Backed Crypto Stablecoin for physical bullion. The concept sounds simple—hold digital gold, then convert it into real gold—but the actual process seems to vary between issuers. Here are the main points I’ve found: • Minimum redemption amounts: Some platforms let you redeem as little as 1 gram, while others require much larger amounts. • Fees: Minting, shipping, and insurance fees can add up, making redemption more expensive than expected. • Location limits: Not all issuers ship worldwide; some only allow pickup from specific vaults. • Processing time: Depending on the provider, redemption can take anywhere from a few days to a few weeks. • Verification: Most require full KYC before allowing physical withdrawal. • Transparency: The easier issuers make the process, the more clearly they publish redemption steps and audited gold reserves. Has anyone here completed a physical redemption? How smooth was the process, and were the fees reasonable? I’m trying to understand how practical this feature really is for holders of Gold Backed Crypto Stablecoins.
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