so looking at the fee,
if buy and sell in the same day:
buy = 0.79% (weekday) or 2.79% (weekend)
sell = 2.00% (weekday) or 4.00% (weekend)
total charge = 2.79% (weekday) or 6.79% (weekend)
if buy and sell after one month:
buy = 0.79% (weekday) or 2.79% (weekend)
sell = 2.00% (weekday) or 4.00% (weekend)
admin fee = 2.00%/12 = 0.1667%
total charge = 2.9567% (weekday) or 6.9567% (weekend)
above correct? I cannot really confirm the sell transaction fee because I haven't buy any gold yet.
can I immediately sell any gold I received when other people transfer their gold to me?thanks.
People buy gold, % fees already charged. Even thought transfer gold from one acc to another is free.
You still pay certain % fees when you convert your gold to cash in account.