BitGold, the gold trading platform that is enabled by Bitcoin and other payment techs, has launched its mobile application for Android and iOS operating systems.
The BitGold mobile application is free to download from Google Play and Apple’s App Store.
BitGold provides users with a secure vault account to purchase and hold gold in a physical vault using a variety of electronic payment methods, the ability to make and receive instant gold payments, and a prepaid card for spending gold at traditional points of sale.
The BitGold Mobile App permits users globally to trade physical, titled gold around the world within minutes, or use the App to make and receive free global payments using vaulted gold. Merchants can use the application to accept in-store or online payments and process transactions by tapping into the BitGold network.
The App’s full list of features:
- Multi-currency: 106 currencies supported
- Instant payments within BitGold network or to native phone contacts
- QR payments to simplify point of sale transactions
- Participation in affiliate program called “Enhanced BitGold Golden Heart Program”
- Multiple deposit methods including bank transfer, credit card, debit card, bitcoin, China UnionPay, Interac.
- Multiple redemption methods: bank transfer, BitGold Prepaid Card load in multiple currencies, physical gold (cubes or bars).
BitGold CEO, Darrell MacMullin, noted:
Our mission is to empower this growing wave of mobile users with a secure gateway to global vaults, while at the same time building a network for the world to transact without so much friction, tolls and inter-bank risks,” said With over 225,000 signups within our first 100 days, we are pleased to see the rapid growth and reception of the BitGold platform. We look forward to launching our next suite of payment tools for the BitGold desktop and mobile platforms this fall.
BitGold Co-founder and CSO, Josh Crumb, added:
We’ve built a technology to protect the wealth of our users and remove financial system friction and tolls at every step. We’re proud to unveil a mobile savings and payments platform that is unequivocally on the side of the user, focusing all innovation on the security of acquiring and safeguarding a permanent asset, while providing seamless access and utility.
BitGold is a wholly owned subsidiary of Canadian-listed GoldMoney Inc. (TSX Venture: XAU), a reserve and gold-based financial services and technology group.
GoldMoney CEO, Roy Sebag, commented:
We are extremely proud of what’s been built so far, and I would like to thank lead mobile engineer Paul Mennega, Chief Design Officer, Mike Busby and our entire engineering team for their tireless efforts these past six months.