GoSats gives you complete flexibility to manage your Gold holdings the way you want. Whether you’d like to convert your Gold to Bitcoin, sell it for INR, or request physical delivery, we’ve got you covered!
Here’s a detailed guide on all the available Gold withdrawal options and how to use them.
Swap your Gold for Bitcoin (sats) and continue stacking crypto rewards.
Key Details:
You can swap up to ₹500 worth of Gold SIP and Gold Rewards to sats in your lifetime.
Once the swap is initiated, it cannot be reversed.
Steps to Swap Gold:
Go to the Wallet section of the GoSats app.
Tap on Gold and select the Swap option.
Choose the amount of Gold you wish to swap (up to ₹500 worth).
Confirm the swap to receive your sats instantly.
Request physical delivery of your Gold as beautifully crafted coins.
Requirements:
Minimum 100 mg of Gold is required to place a delivery request.
Steps to Request Delivery:
Go to the Wallet section of the GoSats app.
Tap on Gold and select the Delivery option.
Choose the gold coin weight you want to receive.
Select whether you want to deliver Gold Rewards or Gold Investments.
Enter your name, address, and mobile number.
Pay the making and delivery charges to confirm your request.
Once confirmed, your gold coin will be securely dispatched to your provided address.
Please note that delivery requests, once initiated, cannot be reversed.
Sell your Gold Investment (not rewards) and receive INR directly into your account.
Key Details:
Processing time: Up to 24 hours.
Only Gold Investments can be sold — Gold Rewards cannot be sold.
Minimum sell quantity: 15 mg.
Steps to Sell Gold:
Go to the Wallet section of the GoSats app.
Tap on Gold and choose the Sell to INR option.
Enter the quantity of Gold Investment you wish to sell.
Choose your payout method:
GoSats Card: Up to ₹2,00,000 per sell, no fees.
UPI to Bank Account: Up to ₹50,000 per sell, 1% + GST fee applicable.
Confirm your request.
Your sell request will be processed within 24 hours, and funds will be credited accordingly.
Sell requests, once initiated, cannot be reversed.
1. Can I withdraw my Gold Rewards?
You can use your Gold Rewards only for Swaps or Delivery, not for selling to INR.
2. What are the minimum and maximum limits for each method?
Swaps: Up to ₹500 worth (lifetime limit).
Delivery: Minimum 100 mg.
Sell to INR: Minimum 15 mg; up to ₹2,00,000 for GoSats Card or ₹50,000 for UPI transfers.
3. How long does each process take?
Swaps: Instant
Delivery: Based on logistics partner timelines (5-14 days)
Sell to INR: Up to 24 hours
4. Are there any fees?
Swaps: No fee
Delivery: Making and delivery charges apply
Sell to INR (UPI): 1% + GST
5. Why is some of my Gold Reward not available for withdrawals?
There is a 15 day wait period only after which Gold Rewards can be withdrawn or redeemed.
Gold withdrawals on GoSats are designed to give you full control and flexibility — whether you’re stacking sats, redeeming physical gold, or converting it to INR.