In January, we posted about the launch of Netagio Digital Currency Brokers, a spin-off of precious metals storage firm GoldMoney Group. With their expertise in precious metal’s security, GoldMoney aimed to bring that knowledge to digital currencies with the creation of Netagio and its cold storage product. In addition to bitcoin storage, Netagio also began to offer customers the ability to buy and sell bitcoins.
Following on GoldMoney’s involvement with precious metals, Netagio has announced today an additional feature where customers can use bitcoins to purchase gold bars. According to Netagio, gold purchases are being offered in increments of 100 grams, which is currently around 9.26BTC or $4169. Like their cold storage facilities for bitcoins, Netagio has stated on its website that gold holdings with similarly be located in maximum security vaults located in the Swiss Alps.
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