Zipmex offers digital gold token Xbullion

September 25, 2020

Zipmex is leading innovative solutions for digital asset investing with the launch of digital gold token xbullion. It is the first regulated exchange in Thailand/Indonesia to offer this digital investment product targeted at retail investors

xbullion digital gold (GOLD) is issued by xbullion Holdings, which is owned by Bullion Asset Management Services Pte Ltd (Singapore), and represents direct ownership in physical gold held at vaults in London, Singapore and Sydney. By owning a digital gold token, participants have direct ownership of physical 9999/LBMA-accredited gold from world-renowned suppliers, at near-spot prices and without ongoing custody fees.

Through making the digital gold token bullion available on its platform, Zipmex is making buying, selling and storing physical gold faster and easier. Now, investors can purchase Gold instantly today at the cheapest prices in Thailand/Singapore/Australia/Indonesia.

To guarantee users the delivery of their assets, Xbullion is redeemable at any time for cash or physical gold, subject to a 1kg minimum delivered by an insured global courier network. Gold is supplied to xbullion via some of the world’s largest over-the-counter desks with bullion recorded via serial number.

During an uncertain economic situation such as the COVID-19 pandemic, gold has become an attractive investment. Its limited supply and nature as a precious metal that cannot rust or be damaged gives gold the potential for high price increases in the future. Zipmex believes that this new product will provide great benefits to the wider community, particularly retail investors who want to try out relatively low-risk assets easily and quickly.

The price fluctuations and premiums of exchange traded funds – ETFs – which are another vehicle for gold investing, have created opportunities and innovation for digital gold. Unlike these funds, Xbullion allows for direct gold ownership without sacrificing liquidity or market depth. Buyers will also receive best-in-class transparency of their investment via comprehensive audits from leading global accountancy firm BDO.

“xbullion is the smart way to securely own and trade physical gold bullion; it is vaulted, audited, insured, redeemable and instantly transferrable,” said xBullion co-founder Mr David Lightfoot.  

The technology build out of xbullion is complete and investors can now acquire xbullion on Zipmex for as little as a one-eight fraction of 1 gram of gold. This gold token is also tradable on the Zipmex exchange platform.

CEO of Zipmex Marcus Lim said: ‘Gold has become an attractive investment for our users particularly in markets where gold is seen as a reliable store of value and commodity. We want to offer users more exciting investment opportunities and products that will complement their digital asset portfolios. Xbullion was the perfect answer to this.‘ 

Zipmex is embracing the digital lifestyle of the next generation. Start your journey with Zipmex today!

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.


The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of Zipmex.

Before you pay Zipmex any money or DPT, you must be aware of the following.

  1. Zipmex is not currently licensed by MAS to provide DPT services. This means that you will not be able to recover all the money or DPTs you paid to Zipmex if Zipmex’s business fails.
  2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by Zipmex.
  3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
  4. You should be aware that Zipmex may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
  5. DPT held in your Hosted Wallet is not subject to the Singapore Deposit Insurance Scheme (“SDIC”) or any similar insurance or guaranty scheme of any other jurisdiction. In addition, funds stored in your Fiat Wallet do not benefit from the SDIC or any similar insurance or guaranty scheme of any other jurisdiction.

ZipUp+ products have not been approved by the Monetary Authority of Singapore (“MAS”) under the Payment Services Act 2019 and MAS has not reviewed or approved any features of these product offerings. Please review this link for the full terms and conditions and risk disclosure.