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In today's volatile economic landscape, gold remains one of the most sought-after assets for wealth preservation. But how can we make investing in this precious metal more accessible and convenient for the modern investor?

Bullionz, launched in 2023, offers an innovative solution by bridging the gap between traditional physical gold investments and digital technology. The platform is designed for investors seeking to balance conventional gold investment methods with modern financial instruments.

A key advantage of Bullionz is its commitment to transparency and regulatory compliance. The platform operates under the supervision of Bulgarian and Lithuanian financial regulators, holds status as a licensed gold investment dealer, and maintains all necessary permits for digital asset operations. Their digital gold token, BTXG, has received authorization from Swiss So-Fit/FINMA.

How does the platform facilitate gold investments? What tools does it offer for investment management? What security guarantees does it provide to its users? We'll explore these and other crucial questions in our comprehensive review.

Bullionz Basic information

Rating of Bullionz Exchange

Total score 7
Commissions 7
Security and regulation 9
Markets 8
Passive income 7
Deposit and withdrawal 8
Trading platforms 7
Analytics 5
Education 6
Customer support 9
Bonuses 3

Bullionz Pros and Cons

Pros
Cutting-edge, innovative project
Trading available for both digital assets and gold
User-friendly platform with analytical tools
Opportunities for additional passive income
Cons
Limited cryptocurrency exchange functionality
No language versions available except English
Absence of margin trading for traders

Bullionz Exchange: An Ambitious Project at the Intersection of Traditional and Digital Finance

Founded in 2023, Bullionz positions itself as an innovative platform combining the advantages of traditional and digital gold investments. The idea is ambitious: to offer investors a convenient tool for working with both physical gold and its digital equivalent – the BTXG token.

The platform promises a wide range of trading tools and high-level security. The developers emphasize the reliability and transparency of all operations. However, like any new project, Bullionz needs time to establish itself in the market and validate its stated features.

Key highlights:

  • Innovative approach: The combination of physical gold and digital assets is an interesting concept that may attract a broad range of investors.
  • User-friendliness: The intuitive interface and selection of crypto instruments make the platform attractive to beginner investors.
  • Focus on security: The company claims to maintain high security standards and regulatory compliance, which is crucial for any financial service.

According to the developers, exchange clients benefit from flexible trading tools, high liquidity, customer support, and global gold delivery options.

Basic information

Name Bulionz
Website www.bullionz.com
Exchange type Centralized
Regulation Under regulatory supervision of Bulgaria and Lithuania
Taker’s fee Gold - no fees; Cryptocurrencies - 0.15%
Maker’s fee Gold - no fees; Cryptocurrencies - 0.15%.
Demo account Yes
Minimum deposit Not available, but minimum gold purchase volume = 1 gram, minimum cryptocurrency purchase/sale volume - equivalent to $50
BTC withdrawal limits No
USD withdrawal limits No
Withdrawal in Fiat EUR, USD and other currencies (automatic conversion)
Time frame for account opening 5 minutes
Leverage No
Markets Precious metals market (gold), More than 200 cryptocurrencies
Passive income options Deposit for investors
Referral program
Customer support languages English
Withdrawal fee 2% (payment services/bank fees)
Deposit methods Bank transfer, bank cards, payment systems, cryptocurrencies
Withdrawal methods Bank transfer, bank cards, payment systems, cryptocurrencies
Account currencies USD, EUR, cryptocurrencies
Promos No
Author of the review
Alexandra Williams
Alexandra Williams

Alexandra Williams has been a trader and observer since 2019. She has written around 30 analytical articles on cryptocurrency rate dynamics, reviews of financial companies and large joint stock companies.

Bullionz Commissions and Fees

7

Trading Fees

Bullionz Commissions and Fees

Since Bullionz is not a traditional cryptocurrency exchange in the conventional sense, there are no separate fees for takers and makers. The exchange's support team states that the average commission for buying and selling cryptocurrencies is only 0.15% of the transaction amount.

For those buying gold, there are no fees at all. Investors pay the price shown on the website (current market rate).

Bullionz Commissions and Fees

Deposit and Withdrawal Fees. The exchange itself does not charge additional fees. However, when depositing and withdrawing funds, you will incur minor additional costs due to bank or payment system rules.

For example, deposits through payment systems and e-wallets incur a 1.5% fee. However, there is a way to save: deposits via bank card or transfer are fee-free.

The withdrawal fee is 2% of the amount, regardless of the payment method.

Security and regulation

9

Bullionz was established in 2023 and is registered in Bulgaria.

Bullionz Reliability and regulation

In our assessment, the company's founders strive to make this service user-friendly while ensuring the protection of user funds. The developers state that the platform is managed by AG Bullions - a licensed and registered Gold Investment Dealer. Additionally, according to the user agreement, Bullionz holds a Lithuanian Virtual Asset Service Provider (VASP) license with code 306321553, and the BTXG Token is authorized by Swiss So-Fit/FINMA under registration number 1459.

Key Security Aspects:

  • Regulatory Oversight. Bullionz positions itself as a platform that complies with financial protection and conduct standards under its registration in Bulgaria and Lithuania.
  • Digital Asset Security. According to the company's official website, the BTXG tokens available on the platform are backed by real physical gold stored in secure vaults.
  • Advanced Data Protection Technologies. To ensure the security of investors' personal and financial information, encryption and cybersecurity technologies are employed to prevent unauthorized access and data breaches.

The crypto exchange also implements a KYC (Know Your Customer) system aimed at preventing financial crimes, including money laundering and fraud. This process includes mandatory identity verification for all users before they can begin trading on the exchange. Notably, unlike many cryptocurrency exchanges and trading platforms, verification here is mandatory for operation (except in demo mode). This is likely due to Bullionz's emphasis on gold trading, which requires additional user verification.

The developers also state that Bullionz provides insurance coverage for physical gold during transportation and storage to minimize risks associated with asset movement and safekeeping.

Markets and Products on Bullionz

8
Bullionz Markets and Products

This cryptocurrency exchange is unique in that it combines the cryptocurrency market with the precious metals market. Users can trade digital assets, the BTXG token (which is pegged to gold), as well as buy and sell physical gold. Let's examine the opportunities each market offers to traders.

Cryptocurrency Market
Bullionz Binance
Total number of cryptocurrencies* 200+ 387
Total number of trading pairs 200+ 1689
Bitcoin Yes Yes
Ethereum Yes Yes
Altcoins Yes Yes
Futures Yes Yes
Cryptocurrency funds (basket of cryptocurrencies in one lot) No No
NFT No Yes
Tokenized gold Yes No
*Data are given at the time of writing the review.


On Bullionz cryptocurrency exchange, trading is available in cryptocurrency pairs with USDT, meaning you can buy and sell popular digital coins using the stablecoin pegged to the US dollar. Cross-pairs, such as BTC/ETH, are not available on the platform.



Gold Market
  • Physical Gold - Bars and Coins
    Bullionz Markets and Products
    In the Bullionz online store, investors can select and purchase various gold products, including standard bars and unique coins. These options are suitable for both investment and collecting purposes.
    Bullionz Markets and Products
  • Digital Gold - BTXG Tokens
    The BTXG token is Bullionz exchange's unique development and the main highlight of this platform. Through it, the company has managed to unite two different markets (crypto and precious metals) and take investments to a new level.

BTXG is an ERC-20 standard token which, according to the exchange creators, is stored in secure wallets. The website states that each BTXG token is backed by one gram of physical gold stored in fully insured vaults. This innovation allows users to own physical gold without the hassle of storage, insurance, and additional costs, while leveraging the advantages of blockchain technology.

The Bullionz platform provides investors with the ability to both trade BTXG tokens and exchange them for physical gold. This flexibility allows investors to benefit from digital asset liquidity while maintaining the option to switch to traditional forms of capital storage.

Bullionz Markets and Products
Trading Tokenized Gold

The BTXG token opens up broad investment opportunities for platform users. Its main advantage is making gold accessible to ordinary investors (even those with small capital), not just major market "sharks" who have access to commodity exchanges and futures trading. At least, this is how Bullionz creators present the platform - and we believe that this founders' concept truly deserves significant attention.

How to Trade the Token? In the Bullionz Personal Account, there is a main menu (dashboard) where you can quickly purchase the desired amount of gold tokens. Since BTXG is pegged to gold, and the minimum volume for purchasing this metal on the platform is 1 gram, you can buy from 1 token.

The token can be traded on the Bullionz Exchange platform by placing buy and sell orders. However, keep in mind that margin trading is not available. This project is aimed more at investors and medium-term traders rather than day traders and scalpers.

The exchange website contains extensive information about the BTXG token. In particular, it states that it provides traders with additional advantages:

  • Ownership of physical gold without the need to store it personally.
  • Trading Reward - passive income generated through token trading by all platform participants (pool). The reward is distributed proportionally to the volume of BTXG owned by each program participant.

BTXG is an innovative solution, and if the platform creators have indeed managed to implement it fully, Bullionz may soon make a significant impact in the market.

Passive income on Bullionz

7

The Yield BTXG program offers investors the opportunity to earn passive income based on their assets and trading activity. Users receive additional rewards for each transaction made through the common pool. This makes the exchange an attractive tool for long-term BTXG token holders, allowing them to increase their potential earnings.

Passive income on Bullionz

Those who tokenize gold purchased on the exchange (invest it in BTXG token) can access rewards of up to 10.8%. The reward percentage varies monthly from 0.5% to 0.9%, depending on the volume of tokens in your account. You can pause participation in the Yield program at any time without any penalties for early exit.

According to the program creators, income does not depend on whether the gold price rises or falls: as long as the client has BTXG in their account, they will remain profitable.

Affiliate Program

Bullionz offers an affiliate program that allows participants to earn commissions by promoting the platform for cryptocurrency and digital gold investments. Partners receive rewards for each new client. The more successful referrals, the higher the income.

Passive income on Bullionz

Program participants can track their performance through their personal account. Real-time data on clicks, conversions, and earned commissions is available, helping to improve results. The company provides marketing tools (links, banners, social media content) free of charge.

Account opening on Bullionz

8

To start trading or investing with Bullionz, you first need to register on the company's website to create a Personal Account and open a trading account.

The registration process appears straightforward; however, since the project is still developing, you may encounter certain nuances. For example, when opening the registration form, an error message may appear on screen, which can be easily closed and doesn't interfere with further progress. Note that this was observed at the time of writing this review, and it's quite likely that developers have already fully resolved this issue.

Additionally, based on our experience, we recommend accessing registration through a direct browser link (not through links forwarded via messengers, for instance - as this may cause registration to work incorrectly).

Please note that Bullionz has restrictions on account opening from certain countries and regions. These include: Afghanistan, Albania, Barbados, Belarus, Botswana, Burkina Faso, Burma, Burundi, Cambodia, Cayman Islands, Central African Republic, Crimea, Cuba, Democratic People's Republic of Korea (DPRK), Democratic Republic of the Congo, Ghana, Haiti, Iran, Iraq, Jamaica, Lebanon, Libya, Mali, Malta, Mauritius, Morocco, Myanmar, Nicaragua, North Korea, Pakistan, Palestine, Panama, Philippines, Russian Federation, Senegal, Somalia, South Sudan, Sudan, Syria, The Bahamas, Trinidad and Tobago, Uganda, United States of America, Vanuatu, Venezuela, Yemen, and Zimbabwe.

How to Open an Account
a step-by-step guide

create an account at bullionz
Step
1

Enter your first and last name

Step
2

Provide a valid email address (you'll receive account password via email)

Step
3

Provide your phone number

Step
4

Answer security and compliance verification questions:

  • Residential address
  • Date of birth
  • Whether you are a US citizen or have multiple citizenship
  • Employment type (employed, self-employed, student, etc.)
  • Source of funds
Step
5

Confirm that you have no illegal sources of finance and are not involved in corruption or fraud (check the boxes)

Step
6

Confirm that all information provided is correct

Note that such a detailed registration questionnaire is not typical for crypto exchanges. Most exchanges only require a phone number and/or email. However, since Bullionz positions itself as a platform that deals with gold (including physical gold) in addition to digital currencies, there is a need for more detailed customer verification.

After completing these steps, your Bullionz Personal Account will be automatically created with a demo account already set up. You can then choose any type of real account (e.g., cryptocurrency account), create and fund it.

Verification is not mandatory for exploring Bullionz features. You can view real-time quotes; however, full trading and investing capabilities require identity verification.

To complete verification on the Bullionz platform, follow these steps:

1. Register on the Bullionz platform (if you don't have an account yet)

2. Complete the identity verification process (KYC - Know Your Customer)
account verification

KYC Required Documents

For Individuals:

  • Photo ID Document:
    • Valid passport
    • National ID card
    • Driver's license
  • Proof of Address:
    • Utility bill (no older than 3 months)
    • Bank statement (no older than 3 months)
    • Official letter from a government agency
  • Bank Account Verification:
    • Recent bank statement showing your name and account details

For Legal Entities:

  • All documents required for individuals (for directors and beneficial owners)
  • Company registration certificate
  • Photo ID of all beneficial owners with more than 25% stake

Important Notes:

  • All documents must be current and clearly legible
  • The platform uses advanced encryption methods to protect personal data
  • Verification is conducted in accordance with regulatory requirements of Bulgaria and Lithuania, where the company is registered

After uploading all required documents, the verification process typically takes up to 5 business days. Once your account is verified, you will have full access to the Bullionz platform functionality.

Deposit and withdrawal on Bullionz

8

You can open a Bullionz account in both cryptocurrencies (over 200 available) and fiat currencies EUR, USD. The following deposit methods are available to clients:

  • Visa and Mastercard bank cards
  • Payment systems Skrill| Neteller, PayPort
  • Finrax crypto payment system
  • WIRE Transfer bank transfer
Trading platforms bullionz

Note that bank cards and wire transfers are the most cost-effective methods (0% commission). The same methods are available for withdrawals, with a 2% commission fee.

Transaction processing speed depends on the payment method: cryptocurrency transfers are typically almost instant, while bank transfers may take several hours.

Trading platforms

7
Trading Platform Features

The Bullionz platform operates 24/7, providing users with continuous market access. Platform participants can use the online platform without needing to download it to their smartphone or computer. Trading is accessible from anywhere—simply log into your Personal Account.

The platform is intuitive, so if you're new to cryptocurrency trading, you'll find it easy to understand how to, for example, buy Bitcoin or sell Polkadot.

Traders have access to candlestick charts for each cryptocurrency pair with the ability to scale timeframes from 1 hour to 1 month. When hovering over each candle, the opening and closing prices are displayed, along with price maximums and minimums.

Bullionz Markets and Products

Generally, this information is sufficient to track trends and choose suitable moments for buy or sell transactions. However, it would be desirable to have the ability to switch to other chart types (bar, line), access smaller timeframes, and use analytical tools—features that are not yet available. We hope that over time, the developers will improve the trading platform and adapt it to meet the requirements of more demanding traders.

A convenient platform feature is the Watch List-a compilation of the most prominent cryptocurrencies worth paying attention to at the moment. This serves as a helpful hint for those looking for quick and profitable trades.

Bullionz Pros and Cons

Pros
No downloads required
Easy for beginners to understand
Features a Watch List
Cons
Limited analytical tools
Few timeframe options

Analytics

5

Bullionz platform provides its users with limited but useful analytical tools for successful investing, primarily in the form of trading tools and market data rather than separate analytical reports.

Analytics bullionz

Subscribers can receive weekly market event reviews via email. These materials contain analysis of current trends and key events affecting the market.

Additionally, for prompt response to market opportunities, Bullionz sends brief analytical tips via WhatsApp. Users receive asset charts with recommendations on currently profitable investment opportunities. This format helps users stay informed about current trends and make balanced decisions.

Education

6

The Bullionz platform is designed for users who have at least some familiarity with the crypto market. The exchange does not offer training programs for beginners, so if you've never traded digital assets before, we recommend first gaining some knowledge in this field.

Customer support

9

Bullionz users can receive help and support from platform managers. Questions can be asked through a pop-up window on the exchange website, and after registration, you can also communicate with a specialist via WhatsApp messenger.

It's worth noting that the support service operates efficiently and professionally: if you contact them during working hours, you'll receive a response within 1-2 minutes (with rare exceptions when problem resolution requires more time).

Customer support bullionz

You can choose to communicate with managers either through text messages or voice calls. However, please note that support is only available in English. Other languages may be added in the future, but for now, the project is still in its early stages.

Bonuses and promo

3
Bonuses and promo bullionz

Bullionz doesn't offer traditional bonuses. However, there are rewards for trading BTXG tokens, which we discussed in the passive income section. These are additional funds that developers call "zero risk yield," and users will receive them as long as they trade digital gold on this platform.

Summary

7

After analyzing the exchange website, platform, and trading conditions, we can say that Bullionz is not a typical crypto exchange, but rather a promising cryptocurrency project with strong potential for success. The company's developers have united the cryptocurrency market and the gold market through the BTXG token, which gives users the ability to acquire physical gold. Bullionz allows users not only to buy and sell over 200 cryptocurrencies but also to purchase physical gold. Additionally, those who trade the gold token on the exchange platform receive extra monetary rewards.

These features are undoubtedly project advantages. However, it's worth noting that Bullionz is a company that has just entered the market, making it difficult to definitively assess its convenience or reliability. There are some drawbacks, such as the inability to trade cryptocurrency cross-pairs (only available with USDT), and the website and customer support being available only in English.

We hope that in the near future, Bullionz will continue to develop actively, provide clients with the highest level of service possible, and potentially become one of the popular exchanges worldwide.

Reviews

4.0
2 reviews
Charles
4 days ago
Too early for large investments, but worth monitoring.
StartupFan
14 days ago
I would like to see more transparency in the reporting of reserves.