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Is GoldMoney[BitGold] Legit & Safe To Buy, Sell & Send Gold Online ?

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Update: BitGold is now Goldmoney and only the name changes not entire system. You can login with the existing username and password.

Reviewing Topics At A Glance:

-> What Is GoldMoney[BitGold.com] ? – A Detailed Introduction

-> How Does It Work ? – A Small Worthy Guide.

-> Is GoldMoney[BitGold] legit ? – See My Report.

-> How Safe Is It ? – Check It Out.

-> How To Make More Money From It ?

-> What Are It’s Pros & Cons ?

-> Points To Remember When You Became A Member.

-> Step-by-step Registration Procedures

-> Conclusion: Should We Invest Here ?

So, What Is GoldMoney[BitGold.com] All About ? Best For Long-Term Investments In Gold !!!

GoldMoney[BitGold] is a simple, powerful and secured online gold management platform which can used to keep gold for longer runs, send and receive gold globally. Their concept is to consider gold as a currency like Bitcoin. But please do not misunderstand them as one. Both are different in terms of business strategies.

It is a brand new most advanced platform which offers gold payments to customers. When I heard this for the first time I feel so funny. But when I became a member of it, this system really impressed in every stage and that is the reason am hereby writing my valuable review from my experience right from the beginning. The main aim of this company is to send gold to friends and family as a form of repayment or to spend gold like cash as a type of purchasing some kinds of stuff online. The Interesting part is that now it became one among the best digital currencies in the world.

So what is it means as an investment port ?. BitGold was a Canadian based company headquartered in Toronto owned by Darrel Mac Mullin, Roy Sebag, and Josh Crumb, that offers E-wallet, international savings and moreover payment services which allow people to send their payments and hold savings in terms of physical gold. It is traded publicly on Canada’s TSX Venture exchange with the stock symbol ( XAU:TSV ). This company works like an online bank account which is fully insured, but it will only work with gold instead of currency. But for now Goldmoney acquires $54.8million of BitGold.

How Does GoldMoney[BitGold] Works & How To Earn Money Online With It ?

As we all knew how to buy gold and hold gold, BitGold comes with an idea of storing, securing and transferring in much easier ways everything through online with ease and speed by providing various facilities which I mentioned under the advantages of using it.


goldmoney bitgold safe review

Let us now check what is its various ways to make money online with or without investing here:

  • Buy and sell gold: This is the best method provided by this company.You can buy or sell gold at the same time easily.The registered users can go for a long term investment as well.
  • Affiliate Program: You can partner with this company if you have a website or blog to promote their banners and other tools (only for those who having a blog or website).
  • Personal link: After login they will provide you an additional link which can be used to refer your friends and family personally through email or other sources. You can earn 4 different ways from BitGold, i.e, $0.25 if your referral completes email signup, $1 if your referral completes all three steps including mobile verification, you will get $25 if your referral makes first deposit and lastly you will also win an additional $5 if your referral requests for a prepaid card.

Note: Bonus points may vary on how your referrals are participating on the platform.

Is GoldMoney[BitGold] Legit ? Yes, It Is Legit !!!

As If now, they crossed more than 1 million active customers and approximately 276 kg of gold bullion already stored or about $10.7 million at $1.23 per ounce. This means there are roughly, $103 per active user. There  are no signs of any fraud complaints yet from its present members apart from some technical problems. This is may because BitGold is new to the market and it making some advanced steps to hook up the market. But even am a happy member and I can do easy deposits and withdraw as well as sending gold in the form of money to other countries without any banking barriers.

When it comes to the transaction part they are using “Aurum” gold settlement technology which is now integrated through the Automated Clearing House (ACH) network in an NACHA consistent  way with the top nine of the US financial institutions like JP Morgan Chase, Wells Fargo, US Bank, Citi, USAA, Fidelity, Capital One, Bank Of America & lastly Charles Schwab. This has made a great breakthrough service for US residents as they can send and redeem gold instantly if they have an account in any of these branches. This has made every transaction more automated, secure and also cuts bank wire fees.

After all this, there are few significant customer complaints on suspicious actions taken by BitGold about funds being frozen. Well, it’s not confirmed that if those problems got solved or not. In spite of this, Company unofficially claimed that they solved all bugs related to it but still it is unclear. So is BitGold legit & safe enough to invest & store ? continue reading….

How Safe Is There Gold Storage System ?

  • Once you purchased gold from this site, then they will allow storing your gold at BRINKS vaults(one of the most trusted in vault security), which is approved by LBMA(London Bullion Market Association) and COMEX(New York Mercantile Exchange Inc.). The major vaults are located in Toronto, Hong Kong, Zurich, Singapore, London, etc…
  • As for the security purpose, BitGold platform implements military grade encryption to secure each and every account and other related personal information.
  • They also introduced a new prepaid card for their existing customers so that they can make card transactions more easily.


BitGold Review: Is BitGold legit

GoldMoney[BitGold]: Pros & Cons From My Point Of View

Goldmoney as a game changer and an innovator it really focuses on the present demand for their customers and they brought all possible ways to make gold transactions and investments much in a systematic and easier ways. In this section let us discuss its pros and few cons.


  • Send or receive your gold payments to any other Bitgold users without any extra fee.
  • Free insurance protection will be made for your each and every gold purchase made.
  • Investments are made in grams, not in bars of gold which make it affordable to buy gold in a low budget scheme.
  • This company’s gold is bought from a list of approved gold refiners and it is 99.5% of pure gold.
  • They offer free gold storage as well.
  • Well experienced management team to make company trustworthy.
  • User-friendly apps are also available at i-store and google play store.


  • Lots of complaints against GoldMoney after the acquisition.

What Should You Remember When You Became A Member Of It ?

  • Multiple accounts are strictly not acceptable and all other fraud things you do will lead to terminate your account or get permanently blocked.
  • Every account of GoldMoney is verified by using multi-factor authentication, even an additional security is provided in the form of OTP. So don’t worry about hackers.
  • BitGold Inc. is listed on the “Toronto Stock Exchange(TSX)” under the symbol “XAU” and the financial statements can be found on their investor relations page, which is audited according to IFRS.
  • Their outstanding customer support team is there to lead you 24/7.

Registration Procedures

There is no need for any additional documents to be present while joining and no joining fee too. They are providing free accounts for their customers. But they will charge for buying and selling gold and for redeeming gold as well(see the pic shown below). Only what we have to do is just open an account link your bank account and make your first deposit or investment and use it wisely.

BitGold Review: Is BitGold legit

The three simple steps to create a successful account:

  • Fill the form.
  • Verify your email address.
  • Log in to your account and link the bank account.

Overall Scores & Rankings

Website Url: http://goldmoney.com/bitgold

Trust score: 95/100

Alexa rank: 2991 (Globally)

Domain Authority: 50 (Pretty good)

Conclusion: Should We Invest Here ?

Yes, of course, you should try it once. Since as we all know gold was our earlier currency and their aim is to bring back the power of gold as a currency in this 21st century through online. They already got more than 5,00,000 of active customers, even am a member as well. So I hope, no need of putting BitGold in the blacklist anymore. It already achieved a good will from their existing members with a new name “GoldMoney” and I admit their mission to make the gold accessible for secure and payment use.


That’s it !!!…. Thanks for your precious time !!! Don’t Forget to share !!!


Click here—> join-now


Would you like to read my reviews about other investment sites ? Here: My Traffic Value review, Etrade Financial review


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About Arjun T.U

An Internet Marketer by profession, a Blogger by passion and a traveler by birth. He blogs about reviews on trending online tools, best online job portals and hot online investment schemes.

20 thoughts on “Is GoldMoney[BitGold] Legit & Safe To Buy, Sell & Send Gold Online ?

  1. Alexey says:

    I like when you said from the beginning that its legit – it makes me wonder, why is it legit, what is so special about it and it makes me want to read it.
    I see that there are cool ways to earn with BitGold, and it looks like its pretty safe, maybe I will register there someday.
    I find it very cool, in fact when I will finish here with my business I probably will see how this works by myself,
    Thanks for the great post !

    1. Arjun T.U says:

      Hey Alexey,
      Thank your for reading the whole article.Hmmm Sounds interesting..Let me know if you need any assistance at that time.
      ALL THE BEST!!!

  2. Joon says:

    I’ve been very interested in investment recently. I know there are many different types of investment including stocks, gold, silver, bitcoins and etc. I don’t know a thing about investment and is completely new to this. But I thought maybe investing in something like silver or gold may be a good start. What do you recommend as a newcomer at investment? And what are the benefits in investing in gold compare to silver or bitcoins?

    1. Arjun T.U says:

      Hi Joon,

      Thanks for showing an interest my review about what is BitGold all about. Yes, there are many investment places you can go for but the value of gold is doubling each year which will help you to earn more for the upcoming years if you start investing right away.Investing in silver won’t be a good option and please don’t compare with Bitcoin since it is an another way to investment which is also can be considered. But you should research more about and still if you would like to start with lower investments then don’t forget about to read my review about “what is my traffic value and how does it work”.
      Hope I helped you what you asked!!!


  3. Abdu says:

    Hi Arjun

    Thanks for the insight review of BitGold. I was really wondering about such genuine online investment place. I feel like its time to try this out after reading your article. But does it having an option to track daily rate of Gold ?
    Hope you will reply soon

    1. Arjun T.U says:

      Hi Abdul

      You are welcome. BitGold is really an awesome site to start with. There is a menu bar which shows instant gold rates. Hope it helps.


  4. Chris says:

    I’d never heard of bitgold before I came across this article – does it work in the same way bitcoins do? I’m actually a little confused by the two of them – I don’t understand how people make money thorugh it. Is it merely investing and waiting until the price of the gold goes up?

    1. Arjun T.U says:

      Hi Chris

      I appreciate your question. Both Bitcoin and Bitgold are totally different companies but their concept is similar. Since both can be used as digital currencies,however, bitcoins are very expensive now not like before but Bitgold works as like buying gold even at a lower price. Therefore it is time to rethink and invest in gold because price of gold is going high for last couple of months and expect to dominate the digital market soon.

      Hope it helps.


  5. Maria says:

    Really great overview of bitgold. I didn’t know anything about it and was researching what it was and found this site. You basically answered a lot of my questions and concerns and showed what to do and what not to do so you don’t make mistakes. I think gold is definitely still valuable and useful and these are great tips.

    1. Arjun T.U says:

      Hi Maria

      Thanks for reading my review about what is BitGold. I hope it helps you to clear all your doubts.


  6. Pj Germain says:

    Wow, wonderful information. Very enlightening. I was so confused before reading this overview of bitgold. Thanks much!

    1. Arjun T.U says:

      Thanks PJ

  7. Alex says:

    Thanks for the thorough review of BitGold. It seems as a legit investment opportunity. You definitely got me thinking and I will give it a try and see what it’s like. I’ve heard a number of times that gold is one of the best investments there is so I guess this platform will be quite powerful.

    1. Arjun T.U says:

      Hi Alex

      You are welcome. Try it once, you won’t be get disappointed if you know how to invest wisely.


  8. Ansari Ahmad says:


    Thanks for a wonderful and detailed review. Thinking of a better investments and feels like this is a perfect place for gold investments. I have a question to clear for myself. Maybe I missed it out while reading. Do we need a minimum number of traffic to apply for their affiliate program ?.
    Hope you will reply soon.


    1. Arjun T.U says:

      Hi Ansari,

      You are welcome. Yes, you need a minimum requirement of 5 million page views per month in order to qualify for their affiliate programs. Hope I cleared your doubt.

      Best Regards


  9. Blame says:

    Too bad I am a US resident so bitgold would not work for me. I do have some relatives who live in Australia. Do you think it will work for them. Gold itself is a very precious currency. Last I checked it was few thousand dollars per ounce of gold. This bitgold system stores your gold for you while including free insurance. It definitely sounds like it is worth it. Thanks for the information.

    1. Arjun T.U says:


      Thank you for reading my article about is bitgold legit and safe to use. Yes, it works perfectly fine in Australia. But, before joining please make sure you have gone through their guidelines and policies.

      Best regards


  10. Tamara says:

    The company Goldmoney really disappointed me! The administration of the company blocks the accounts of its customers for no reason, without explaining to customers about the reasons for blocking their accounts! I really do not recommend contacting this terrible company!
    Personally, to me, my friend transferred me some gold as a gift and after 1 hour they blocked my account! I wrote to the support team, and I was told that I had allegedly violated something, but I absolutely did not do anything except order a card! The company treats its customers terribly! Do not mess with them!
    People! Be carefull! Do not waste your time on this company!

    1. Very sad to hear that !!!

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