Bitpanda Metals:
Fortify your portfolio

You buy shares of real gold, silver, palladium and platinum bars from our partners GVS, philoro and pro aurum. The bars are safely stored with Brink's in a secure vault in Switzerland. When you buy precious metals on Bitpanda, you are the owner of a specific share of real gold, silver, palladium and platinum, stored in a secure vault.

With Bitpanda Metals we take care of all the security. All the precious metals you buy on Bitpanda are stored in Switzerland, in a secure vault where it’s 100% insured. This is the perfect convenience solution as you don’t have to go to a gold trader to buy physical gold or silver. Storing precious metals at home can be a security risk. You need a special and usually expensive safe in order to get it covered by insurance, which again usually costs money. Alternatively, you can store it in a deposit box at a bank, which means that you have to go there in person and you also have to pay comparably high fees for storing it there.

Yes. You pay a premium when buying/selling precious metals and there are storage fees. 

For buying Gold, the premium is 0.5% of the amount you buy and for selling gold, the premium is 1% of the amount you sell. Insurance and storage premiums are waived for all users when buying the first 20g of gold. For all holdings above this amount you pay our standard fee of 0.0125% per week of the total amount you hold, which is a lot cheaper than the usual amount for storing precious metals in a secure and insured vault. It will be calculated daily and reduced from your respective Metals wallet on a weekly basis (if the wallet balance is 0, no premiums are deducted).

For silver, you pay a premium of 2.5% for buying and 2% for selling. Insurance and storage fees are waived for all users when buying the first 200g of silver. For all holdings above this amount you pay 0.025% per week of the total silver amount you hold. It will be calculated daily and reduced from your respective Metals wallet on a weekly basis (if the wallet balance is 0, no premiums are deducted). While the premium for silver is a little bit higher than for gold, it is still a lot cheaper than the premium you usually have to pay for a service like this.

The premium for buying platinum is 2.5% and for selling platinum is 2%. Insurance and storage fees are waived for the first 20g of platinum you buy. For more than 20g, you pay insurance and storage fees of 0.025% for platinum per week of the total platinum amounts you hold.

For palladium, the premium for buying is 2.2% and selling is 1.8%. Insurance and storage fees are waived for the first 20g you buy. For more than 20g of palladium, you pay insurance and storage fees of 0.025% for palladium per week of the total palladium amounts you hold.

The vault where the precious metals you buy on Bitpanda is stored is a duty-free storage facility in Switzerland. This means that there is no value added tax (VAT) on purchases–even for silver, palladium and platinum. 

Yes. You can buy gold, silver, palladium and platinum on a daily, weekly, biweekly or monthly basis. Set up as many savings plans as you want and combine gold and silver purchases with your other regular digital asset investments. This way you can diversify your portfolio while at the same time benefit from the cost average effect.

At this time, we only offer the option to hold Bitpanda Metals on your wallet on Bitpanda. The physical metals, which you are the legal owner of, are safely stored in a high-security vault in Switzerland.

If you buy precious metals on Bitpanda, you become the legal owner. In the event of bankruptcy on the part of Bitpanda, the precious metals remain in your possession. This means that your property will not be reduced in the event of Bitpanda's bankruptcy. You can also find further information in our Bitpanda Metals terms & conditions.