The company allows the purchase of Cryptocurrency (Bitcoin and Atrium) through the site and the payment for the transaction is possible in a number of different payment options: bank transfer, cash and credit. For each payment method there is a different payment method, different emphases, restrictions and a different commission percentage that considering the operating cost and cooperation with other parties in the process.

Conversion rates are locked according to the XBX rate on the tradeblock site.


The payment method are limited to amounts in accordance with the company's policy and the prohibition on money laundering laws:

Bank transfer: Starting from NIS 2000 and over NIS 50,000 in completing KYC documents.

Credit: from 772 NIS to 52,721 NIS.

Cash: From 1,000 NIS to 10,000 NIS per day.



Bank transfer

Payment process:

1. Select "Bank transfer" from the payment methods offered based on the desired purchase amount.


2. A. Bank transfer must be made to the bank account of the company:

    For: Bits of Gold

    Bank: Leumi, 10

    Branch: 811

    Account number: 55970055

    iban No. for Zahav transfers : XXXXXXXXXXXXXXXXXXX


    B. When you create your bank transfer, please include in the transfer notes the order number from the order page.

    C. When you create your bank transfer, save the reference number of the transfer.

    D. Confirm sending the money by clicking the 'I Sent the money' button


3. A. Enter the reference / transfer number as assigned to you by the bank.

    B. Upload a document or a picture of the reference that you received from your bank.

    C. Confirm completion of the order by clicking the "'I Sent the Money" button



Emphases and limitations:

1. The rates lock will be at the next round hour from the moment  the money is received in the company's bank account.

2. The rates are lock from 10:00 to 18:00 on Sundays to Thursdays and from 10:00 to 13:00 on Fridays and holiday eves.

3. Conversion rates for orders will be locked only after payment is identified.

4. Entering the reference number and uploading the photocopy of the reference document as well as entering the order no. in the bank transfer notes are not mandatory but very effective for matching the payment to the order. not provide such data will make it difficult to identify the payment and will cause delay in locking the gate.

5. Funds that are not found to be mach for a specific order after 48 hours will be returned to the sender.

6. Minimum bank transfer amount: Starting at 2000 ILS


commission:

5.95% of the transaction sum.




credit

Payment process:

1. Choose a "credit card" from the payment methods offered based on the desired purchase amount.


2. Approve the transition to Bitofgold.net and accept the terms of use


3. A. Personal details must be filled in the payment page.

B. Payment details (credit card details) must be filled in.

C. Confirm completion with a two-step verification using Email and SMS.

D. Follow the instructions of the clearing company 'Simplex'  if additional verification steps are required.


Emphases and limitations:

1. The payment service on credit works 24/7.

2. The rates lock will be executed immediately upon completion of the due diligence examination of the clearing company "Simplex". It usually takes a few minutes.

3. Credit card payment limit: from NIS 772 to NIS 52,721.


commission:

4.95% of the deal. For Bits of Gold.

5% of the total transaction. For Simplex.




Cash

Payment process:

1. Select "Cash Payment" from the payment methods offered according to the desired purchase amount.


2. The following order number should be sent to one of the hundreds of GMT branches spread throughout the country and to request a cash deposit to Bates of Gold via GMT.


Emphases and limitations:

1. The purchase price will be automatically closed at the time of payment at the branch

2. The branch must be identified with an ID card.

3. Without an order number, the deposit can not be made.

4. Cash can be purchased from NIS 1000 to NIS 10,000 per day per customer.

5. List of GMT branches



commission:

5.95% of the transaction sum. For Bits of Gold.

4% of the transaction sum. For GMT.