Frequently Asked Questions
Find answers to common questions about Auxite.
General
What is Auxite?
Auxite is a platform for buying, selling, and staking tokenized precious metals. Each token represents 1 gram of physical metal stored in LBMA-accredited vaults.
How does tokenization work?
When you purchase tokens, an equivalent amount of physical metal is allocated in our vault network. The token represents your ownership of that metal.
Is my investment safe?
Yes. All metals are stored in LBMA-accredited vaults with full insurance. You can verify reserves on-chain anytime.
Trading
How do I buy tokens?
Create an account, complete verification, fund your wallet, and purchase tokens directly on our platform.
What are the fees?
We charge a small spread on trades. There are no hidden fees. Staking and verification are free.
Can I redeem physical metal?
Yes, you can request physical redemption for larger holdings. Contact support for details.
Security
How are the vaults secured?
Our vaults are LBMA-accredited with 24/7 surveillance, armed security, and full insurance coverage.
How can I verify my holdings?
All reserves are verifiable on-chain. Visit our Trust Center to see real-time proof of reserves.
What happens if Auxite shuts down?
Your metals are held in segregated custody. You would be able to claim your physical metal directly from the vault.