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What exactly am I buying when I place a buy order?
What exactly am I buying when I place a buy order?
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Written by Help Center
Updated over a week ago

When you buy gold, you are buying a fractional ownership of a full 1 kg bar that is available in our vaults. On the other hand, when you buy silver, you are buying a fractional ownership of large format silver, i.e. 1 kg, 100 ozt, or 1,000 oz, which can come in the form of bars and coins.

This means that the gold/silver ozt amount of equivalent value purchased at that specific time will be allocated to you, which you can freely trade thereafter.

For example, if you place a buy order of USD 50.00 of gold, you will get the fractional ownership of a 1 kg gold bar in its equivalent ozt amount. From there, you may choose to buy more, sell it, or even transfer to other account members on the Stacker Market™ platform.

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