The CACHE Gold token fees:
- Storage fee – CACHE Gold charges 0.25% (25 basis points) per annum to cover the cost of insured, audited storage in accredited partner vaults. Please see the detailed fee guide for more information.
- Redemption fee – CACHE charges a 1% (100 basis points) fee to redeem CGT tokens for physical gold. For pickup orders, there is a 1 CGT minimum redemption fee.
- Transfer in fee – CACHE charges a 1% (100 basis points) fee to transfer your bullion to CACHE.
To simplify the usage of CACHE Gold tokens we waived our 0.1% (10 basis point) transfer fee for transfers of CGT from one address to another until January 1, 2023.
For any address that does not transact for three or more years, the storage fee is replaced by a 0.50% (50 basis point) per annum inactivity fee based upon the snapshot balance as of the date of inactivity. Inactive addresses become active addresses upon transferring any number of tokens to any other address or by the paying outstanding storage fees. For more detailed technical information about CACHE Gold fees and how they work, please see the CACHE Gold smart contract documentation.
Depending on the redemption option chosen, there may be additional fees charged by the delivering vault such as a pickup fee and or insured shipping charges if you choose to have your gold shipped from the vault.