Recent content by pastet89

What do you mean by "thieves"? The took your money when they closed your account??

Is it safer to invest in gold ETF or to buy physical gold and to store it somewhere? The physical stuff seems super complicated and risky to me, how to get it, transport it, keep it in good conditions, think of a place to store it without risk of a physical theft etc... I have zero experience...

Can you redeem it? From PAXG website I don't see this option. I do see it for Tether though.

If you wanna buy 10Kg of gold would you hold it at home or you would leave it to someone else to hold it for you?

Why avoid Tether Gold? Do you think it's less reliable than Tether USDT?

I checked Swiss money and they ask for a proof of operating address. The same reason I can't pass the Binance KYC.

I am a total noob when it comes to regulations but doesn't "regulated by the New York State Department of Financial Services" give some credibility? Also which one do you think is more reliable, Tether gold or Pax Gold? Probably a good idea to split risk between the two, other than that Tether...

So at the end when they shut operations they still paid out everything in physical gold as far as I understood. Or...?

Thanks for all replies, after more research I already found two tokenized gold tokens on the ETH blockchain. One is Tether other is PAX Gold. I think they will be my easiest option.

Thanks, will look into them.

Gibraltar. Interactive Brokers opens accounts from companies from much more shadier destinations like SVG but they ask for a bank and don''t accept crypto deposit. I am wondering if there is any Swiss bank which would accept both to store my fiat money and buy gold via ETF (or storage there, I...

Assuming offshore company without a bank account, operating 100% in crypto. How can this company invest in Gold ETF? Apart from eTORO it seems the most reputable brokers need bank deposit. I.E. I can't directly deposit my crypto in the broker to buy gold. So I need to open bank of the...

I don;t like EMIs and also Wise and Revolut have a reputation of closing crypto related accounts.

I know opening bank account of an offshore company is super hard but at least are there some nice street (non EMI) banks that would accept: - personal account of a non-resident - money coming from crypto exchanges - source of money is dividend distribution in crypto from an offshore company ...

Sorry I am not sure I understand. So they don't accept crypto related funds coming from crypto exchanges (or crypto sourced dividend)?