Fees.

Operation
Fee*
Purchase O Tokens (Instant Purchase)
1.5%
Purchase O Tokens (Advance Payment)
1.5%
Redeem O Tokens (Physical OLGCs - self pick-up)
0%
Redeem O Tokens (Physical OLGCs - courier)**
0%
Redeem O Tokens into FIAT Currency
1%
Generating O Tokens from physical gold (Public Gold Depositor)
2%
Generating O Tokens from physical gold (Minter – To Wharfing Wallet)
0%
Generating O Tokens from physical gold (Minter – To Private Wallet)
0.7%
Transfer fee***
0.01%
Storage fee
0%
Demurrage fee
0%
Insurance fee
0%
Audit fee
0%
Inspection of gold fee (by an inspection & sampling company / laboratory)
0%
Ethereum Network fee (GAS)
As per the prevailing price of ETH / GAS

* All the above fees are collected in O Tokens.

** Courier charges apply, and directly quoted by the vaulting company / courier to the user.

*** Kindly note that every time you transfer O Tokens from one wallet to the other, you are charged a transfer fee of 0.01%. Hence, if you are transferring O Tokens from a 3rd party wallet to an OLegacy wallet or any other 3rd party wallet, you have to take into consideration the transfer fee of 0.01%. while entering the amount of O Tokens to be transferred by making sure that the 3rd party wallet has enough balance to cover the transfer fee of 0.01%. (over and above the intended transfer amount). Otherwise, the transaction will fail.

Every time you transfer O Tokens from one wallet to the other, you are charged an Ethereum network fee (gas). In case the remitting wallet is a 3rd party wallet, you have to ensure that the same has enough Ethereum balance to execute the transaction. Otherwise, the transfer will fail. In case the remitting wallet is an OLegacy wallet, the platform will pay the Ethereum network fee (gas) and charge the same to your wallet