List of Website where You can buy gold with bitcoin

Status
Not open for further replies.
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 ?
 
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 does︀ not include gold used for commercial of industrial purposes.).


Gold Import Duty in Cryprus is︁ 4.7% If I am not wrong
 
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.
 
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.
 
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
 
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
 
0% interest rate is not natural state. So the yield must‍ appear somewhere as it cannot be suppressed.
 
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.
 
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.

The business model is OK, if they're sober and serious players who︁ know how to manage risk for the long term. This is one of the cases︂ where I find NY DFS, FINRA, SEC, SIPC and FINCEN reassuring. I despise government monopolistic︃ protection rackets, but I also believe there's real value to the Feds offering voluntary protection︄ to those who choose it. If only they had the confidence to believe that people︅ 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 gold︆ is a stable long term hedge and that none of Genesis, Gemini nor Paxos will︇ collapse to zero more often than once per 60.91 years, you can get some profit.︈
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu