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How do I redeem gold from IBX Fractions?
How do I redeem gold from IBX Fractions?
Updated over a week ago

Step 1

On the dashboard, click on the "Redeem" action button.

Step 2

Make your selection for the following:

  • Precious metal type: Gold

  • Denomination to redeem: 1 g (0.0321507 ozt), 5 g (0.1607537 ozt), 10g
    (0.3215075 ozt), 20g (0.6430149 ozt), 1 oz (1.0000000 ozt), 50 g (1.6075373 ozt), 100 g (3.2150747 ozt), 1 kg (32.1507466 ozt).

  • Redemption method: Self Collect or Delivery

  • Delivery address (if select Delivery redemption method)

Step 3

Then, press "Proceed".

Step 4

The confirmation details will appear. Click "Proceed" if all details are accurate, or click "Cancel" if changes need to be made.

Congratulations, you have submitted your redemption request for the gold!

You may check your redemption status at the Transaction History section.

Statuses available are:

  • Pending: Redemption request had been sent.

  • Paid: Request has been paid or is in the midst of being delivered.

  • Completed: The gold has been delivered to or have been collected by you.

  • Cancelled: You have requested to cancel the request.

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