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OneGoldUNVERIFIED PLATFORM
UNVERIFIED PLATFORM
OneGold
OneGold is an online platform for digital assets backed by precious metals. We select the best digital assets in terms of liquidity, security, and vault locations and provide a convenient, easy to use platform for your digital metal trading needs. Any product sold on OneGold will be 100% backed by physical metal.
UNVERIFIED PLATFORM
Highlights
-3.28%
Asset Class Return•30d
#5 Rank
In Gold•30d
Invest from
$1
OneGold Review
Christy Rakoczy • 1000 days ago
OneGold facilitates trading and storage of precious metals including gold, silver, and platinum.
Overview
OneGold is the result of the knowledge, experience, and resources of two globally recognized partners APMEX and Sprott. They are working to make OneGold the precious metals buying experience of the future, where customers get the features and benefits of both physical and digital products in an easy-to-use, efficient and secure online marketplace. Together, APMEX and Sprott are committed to building OneGold into the best experience for anyone who wants to own precious metals.
Things to Know
You make money on
Value
Fees
0.8%
Min Investment
$1
Payout frequency
Asset sold
Term of investment
Zero
Target Return
Varied
Liquidity
Moderate
Open to
All Investors
Mobile Application
iOS, Android
Top Perks
Digital assets backed by physical precious metals
Easy, secure web transactions with metal firms
IRA-friendly; SDIRA holders manage metal accounts
Other ways to invest in Gold
How you make money
OneGold offers four types of products, U.S. Products, Switzerland Products U.K Products, and Canadian Products. All of these products consist of physical investment grade retail products. Switzerland, Canadian, UK, and U.S. Products represent fractional ownership in London good delivery bars or pooled positions. These bars or positions are purchased directly through wholesalers and often do not carry the premiums associated with smaller, retail products.
All products purchased through OneGold are physically backed on a 1:1 basis and are typically purchased in large quantities. Through OneGold, you can earn a return through the appreciation over time of your gold, silver, or platinum.
How OneGold makes money
OneGold charges a quarterly fee on assets held in their vault. It is .12% of the average daily holdings of Gold and .3% of the average daily holdings of Silver and Platinum for the quarter.
Is it safe?
The supply and demand for gold and silver will constantly rise and fall (as will prices). But, you can’t quickly print out precious metals or change the terms of how much they are worth. What you own is what you own, and precious metals have been a form of currency for thousands of years. So, you know your coins will always be worth something.
When you fund your account and when you sell off your digital assets, the cash balance on your OneGold account is held at Wells Fargo Bank in an FDIC insured account.
Established
2018
Country Available
Worldwide
Assets Managed
$8B
How You’re Taxed
Capital Gains
Income Tax
Gold investments are classified as ‘collectibles’. Gains on gold held for one year or less are taxed as ordinary income—the same tax treatment as short-term capital gains (STCGs). Gains on gold held more than one year are taxed as long-term capital gains, except the maximum tax rate is 28%. Like physical gold, gold ETFs, traded on the stock market are taxed as collectibles (vs being taxed like stocks, which are subject to the long-term capital gains rate—typically 15% or 20%)
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