Nubex is an online marketplace that will replace the function of bullion dealers, goldsmiths and pawnshops, as a place to trade gold and silver bullion. It will connect sellers and buyers directly, where a seller can set its own selling price, thus preserving the premiums on their gold and silver bullion. Because Nubex exchanges are connected to all its branches, a seller’s offerings are broadcast all over the world. This creates massive liquidity where the seller’s items can be sold faster because of high number of buyers.
Currently, direct transaction between buyers and sellers of gold and silver bullion is done in a very unsecured manner, just like trading on facebook groups or ebay. People can easily get cheated, be it on the buyers’ side and even the sellers’ side.
Until today, there is no platform in the world that can eliminate the risks and provide the guarantee of the transaction. The platform that Nubex has created is not only based on online transactions, but also involves physical inspection and grading of the items to ensure the authenticity, thus providing a guarantee and safety to both seller and buyer. The online experience is also enhanced with Nubex’s offerings of pickup service and also door-to-door delivery, so customers can do transactions from the comfort of their home.
We have been involved with the precious metals trade for 9 years, which reflects our experience and competency in precious metals trading, as well as offering us better insights on existing problems within the market and coming up with viable solutions for them.
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