List of Website where You can buy gold with bitcoin

[troubled soul]

No dear,
Which country are you buying from and Which country is going to?
Can you provide the Country name so that I can help you ?

 

[avalanche]

No dear,
Which country are you buying from and Which country is going to?
Can you provide the Country name so that I can help you ?

For example Georgia to Cyprus or Slovenia

 

[troubled soul]

For example Georgia to Cyprus or Slovenia

https://www.mof.gov.cy/mof/customs/customs.nsf/0/E906CCB9D3760124C22572BF002DF9A1?OpenDocument

Who must make a declaration A declaration should be made by any person entering or leaving the Republic of Cyprus at the entry or exit points of the Republic of Cyprus who caries: An amount equal or greater than €10.000 (ten thousand euro) in cash; or the equivalent amount in other currency or easily convertible assets, (e. g. bonds, shares, traveler’s cheques…), or Gold of value equal or greater than € 10.000 (ten thousand euro). (“Gold” means gold pounds, gold coins and bars or rods of gold of international standards, but does not include gold used for commercial of industrial purposes.).

Gold Import Duty in Cryprus is 4.7% If I am not wrong

 

[troubled soul]

https://www.mof.gov.cy/mof/customs/customs.nsf/0/E906CCB9D3760124C22572BF002DF9A1?OpenDocument

​ Who must make a declaration A declaration should be made by any person entering or leaving the Republic of Cyprus at the entry or exit points of the Republic of Cyprus who caries:​ An amount equal or greater than €10.000 (ten thousand euro) in cash; or the equivalent amount in other currency or easily convertible assets, (e. g. bonds, shares, traveler’s cheques…), or Gold of value equal or greater than € 10.000 (ten thousand euro). (“Gold” means gold pounds, gold coins and bars or rods of gold of international standards, but does not include gold used for commercial of industrial purposes.).

Gold Import Duty in Cryprus is 4.7% If I am not wrong

https://www.offshorecorptalk.com/th...country-finder-any-product.33512/#post-172707
I started New thread for Duty Calculator buy country

 

[avalanche]

https://www.mof.gov.cy/mof/customs/customs.nsf/0/E906CCB9D3760124C22572BF002DF9A1?OpenDocument

​ Who must make a declaration A declaration should be made by any person entering or leaving the Republic of Cyprus at the entry or exit points of the Republic of Cyprus who caries:​ An amount equal or greater than €10.000 (ten thousand euro) in cash; or the equivalent amount in other currency or easily convertible assets, (e. g. bonds, shares, traveler’s cheques…), or Gold of value equal or greater than € 10.000 (ten thousand euro). (“Gold” means gold pounds, gold coins and bars or rods of gold of international standards, but does not include gold used for commercial of industrial purposes.).

Gold Import Duty in Cryprus is 4.7% If I am not wrong

Does that mean that once I buy gold I'm almost likely stuck with it?

 

[troubled soul]

Does that mean that once I buy gold I'm almost likely stuck with it?

No Just, Pay Duty.
It is not that much

 

[troubled soul]

Limits are per person per trip , If you are a four-person family friend, You can easily bring gold 4*9000=36,000 per trip.

 

[jakonda]

For example Georgia to Cyprus or Slovenia

Man... I am sorry but I'll report you to Sova

 

[avalanche]

Man... I am sorry but I'll report you to Sova

Who is Sova lol?

 

[4br]

You can buy Paxos Gold from many exchanges. A gold backed crypto. Youholder offer a nice 8.2% APY on it - Earn Crypto Up To 12% a Year on YouHodler.com ; or you could pool it on uniswap.org, though the rates on that are much more difficult to calculate and could be negative.

FTX offer 3X Pax Gold long and short tokens - these act in the same way leveraged ETFs work; as well as futures.

 

[troubled soul]

Already tried, very good !

Thanks

 

[PhantomOf ThePits]

Great list @azb1

I'd add celticgold.eu on it as well.
You can, in addition to gold, buy Silver VAT free there and ship within Europe for example.

Norway also no VAT on silver

 

[fatcat1970]

guys anyone knows how much gold in bars you can travel with without paying duty fees?

To Australia there's no duty and no GST but gold must be at least 99.5% and silver 99.9%. To Singapore 0.5kg of gold can be hand carried in without import permission prior to arrival.

 

[avalanche]

To Australia there's no duty and no GST but gold must be at least 99.5% and silver 99.9%. To Singapore 0.5kg of gold can be hand carried in without import permission prior to arrival.

sounds like there is a need for the website where every country gold laws are listed

 

[fatcat1970]

You can buy Paxos Gold from many exchanges. A gold backed crypto. Youholder offer a nice 8.2% APY on it - Earn Crypto Up To 12% a Year on YouHodler.com ; or you could pool it on uniswap.org, though the rates on that are much more difficult to calculate and could be negative.

FTX offer 3X Pax Gold long and short tokens - these act in the same way leveraged ETFs work; as well as futures.

8.2% on Paxos Gold ??? How can they pay so much, dare I ask?

 

[JackAlabama]

8.2% on Paxos Gold ??? How can they pay so much, dare I ask?

0% interest rate is not natural state. So the yield must appear somewhere as it cannot be suppressed.

 

[tacokai]

8.2% on Paxos Gold ??? How can they pay so much, dare I ask?

it's all virtual it is right?

 

[fatcat1970]

it's all virtual it is right?

Each Paxos Gold "coin" is backed by 1 troy ounce of gold in a London vault. Youholder is offering 8+% apy if you park the coin with them.

 

[backpacker]

A nice tool to compare crypto savings rates Paxos Gold Savings Interest Rates | Bitcompare
As always: The highest rate might not reflect the strongest bidder.

 

[khinkali]

A nice tool to compare crypto savings rates Paxos Gold Savings Interest Rates | Bitcompare

Thanks for the link. I thought I was about to see some earthquake insurance type scams (you take the payments, then go bust if there's an earthquake, or in this case if XAU drops in price) but I saw Gemini in that list and I was intrigued.

Gemini Earn isn't insured by the Feds or any insurer utilised by Gemini. The scheme is down to Genesis Trading.

Lend and borrow digital assets, and tap into alternative liquidity for hedging, speculation and working capital needs..

The business model is OK, if they're sober and serious players who know how to manage risk for the long term. This is one of the cases where I find NY DFS, FINRA, SEC, SIPC and FINCEN reassuring. I despise government monopolistic protection rackets, but I also believe there's real value to the Feds offering voluntary protection to those who choose it. If only they had the confidence to believe that people would opt in without thread of prison time - but that's for another thread.

1.81% APY is pretty good, compared to paying for gold storage. If you think that gold is a stable long term hedge and that none of Genesis, Gemini nor Paxos will collapse to zero more often than once per 60.91 years, you can get some profit.