Convert Your Physical Bullion into Cryptocurrency
Converting your physical bullion into your desired crypto currency is a straightforward process that can be managed by Liberty Bullion and its strategic cryptocurrency partner Stormrake. The basic elements of the process are as follows:
- Step 1 – An investor who owns physical bullion approaches Liberty Bullion (irrespective whether they are an existing customer or not) and indicates their intention to convert their physical bullion into cryptocurrency.
- Step 2 – The investor presents their physical bullion to Liberty Bullion (which will be manually checked for weight and purity) and then locks in a sales order at a specific price.
- Step 3 – Liberty Bullion will immediately make contact with Stormrake indicating that an investor has a specific amount of capital available to acquire various cryptocurrencies.
- Step 4 – Stormrake will make contact with the investor and onboard them to their customer management platform.
- Step 5 – Once onboarded, the client will place an order via Stormrake for a certain quantity of cryptocurrency.
- Step 6 – Once the crypto currency purchase order has been locked in, Liberty Bullion will transfer the investor capital resulting from the physical bullion to Stormrake to settle the purchase transaction. At this point, the investor obtains legal ownership of cryptocurrency assets.
- Step 7 – The investor elects as to whether they wish for Stormrake to hold the cryptocurrency via their cold storage wallet or that the investor holds the cryptocurrency via their own privately nominated wallet.
If you would like to learn more about how to convert your physical bullion into cryptocurrency, please contact Liberty Bullion.
Convert Your Cryptocurrency into Physical Bullion
Converting your cryptocurrency assets into physical bullion is a straightforward process that can be managed by Stormrake in conjunction with Liberty Bullion. The basic elements of the process are as follows:
- Step 1 – An investor who owns cryptocurrency approaches Stormrake (irrespective whether they are an existing customer or not) and indicates their intention to convert their cryptocurrency into physical bullion.
If the investor is not an existing Stormrake customer, Stormrake will require the investor to go through an onboarding process so that the investor becomes registered on their systems.
- Step 2 – The investor places a sales order with Stormrake for the sale of their nominated cryptocurrency assets which they wish to be converted into physical bullion.
- Step 3 – Stormrake executes the sales order which was placed by investor in Step 2.
- Step 4 – Stormrake contacts Liberty Bullion indicating that a cryptocurrency investor with a certain amount of financial capital wishes to acquire physical bullion.
- Step 5 – Liberty Bullion contacts the investor and determines their requirements. The investor places a purchase order with Liberty Bullion for physical bullion specifying the composition of metal type, brand and weight.
- Step 6 – Liberty Bullion secures the physical bullion to satisfy the investor’s purchase order either via their own inventory or via their supply chain network (i.e., wholesaler or refiners).
- Step 7 – Stormrake transfer investor funds to Liberty Bullion necessary to settle the investor’s purchase order of physical bullion.
- Step 8 – Liberty Bullion delivers the investor’s physical bullion to their nominated location.
If you would like to learn more about how to convert your cryptocurrency into physical bullion, please contact Liberty Bullion.
