BTC/Gold Bar exchange service [Australia]

[AbuBKR]

We provide F2F service in SYD/MELB for BTC/USDT in exchange for ABC buillon or Perth Mint 500g bars depending on what stock is available.

We only hold few bars at a time per month.

Anywhere else in Australia will be posted by insured post, I only include this as a disclaimer as it is possible but preferred to keep it face to face.

This post may receive backlash as my account is new but I can't help but only discovered this forum recently.

I'm happy to discuss further, DM your Threema or WhatsApp.

Looking forward to being an active community member. Any other questions please ask below.

Peace and blessings.

[LoyceV]

This post may receive backlash as my account is new

Or, more likely, because you claim to be a gold seller but don't publish your company name and address.

[Don Pedro Dinero]

This post may receive backlash as my account is new

Or, more likely, because you claim to be a gold seller but don't publish your company name and address.

That's right. There is a company which sells gold for cryptocurrencies, with a very good reputation, which has been mentioned several times in the forum and has been in operation for years:

https://www.bitgild.com/

If a representative of it came to the forum the most logical thing is that the first thing he would do is to talk about his company, because that is what would give the reputation to a newbie on the forum.

[AbuBKR]

I'm sure there are plenty of online webstores and storefronts which now accept crypto as a form of payment, like the aforementioned website.

When purchasing 500g or 1kg of gold this transaction requires KYC due to the amount. This proves to be an issue for those trying to pay with cash or avoid paying capital gains tax crypto.

Gold sellers also cannot accept cash payments for over 10KAUD they need to go through bank transfer in Australia. 1KG of gold is about 125KAUD, and retailers don't stock 500g or 1kg bars of gold, they are on back order. Even if you had the cash, you wouldn't be able to buy it.

I have a storefronts where buyers can pick up the Gold, however I will not be posting company and address for obvious reasons.

I'm only providing all this information as these are not volume trades. I have really narrowed down the service to a very specific market in transaction amount and location.

[Timelord2067]

Perth mint you say? Hmm... https://www.perthmint.com/shop/bullion/cast-bars/australian-origin-1-kilo-gold-cast-bar/ looks like every one of their bars has a serial number on it and you need to have an account with them to trade.

(I had to show 1Kg bars because the Perth Mint doesn't list 500g gold bars on their website)

Plus, given a kilo puts you over the $10,000 cash transaction threshold... well... if you do have a shop, then you'll know only too well the penalties ...

I've got friends in both Sydney and Melbourne, whereabouts are your shops?  Perhaps they could drop in sometime?