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Get $20 Worth of Gold Certificate When You Signup and Verify @ Cointree

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Huge news!

We’re always looking for ways to empower Australian investors and help them grow their investment portfolios. Whether that’s enabling them with powerful tools such as auto-trading or recurring buys, or helping them with premium phone and chat support.

And today, we have another exciting way to grow your portfolio with the launch of gold investment on our trading platform.

We’ve partnered with Rush Gold to become the first Australian crypto exchange to offer commodity investing alongside crypto, bringing the total number of assets to more than 260.

Why Gold you ask?

Gold is the world’s oldest asset and historically, gold has been a great hedge against inflation, holding its value in troubled times. So it makes sense to offer it alongside newer stores of value like bitcoin.

What’s on offer?

To celebrate this new investment option, we’ll be giving $20 worth of Gold Certificate (backed by physically stored gold) to people who sign up and verify their account before 11:59PM AEST, Sunday the 6th of Feb, 2022 using this link.

T&Cs
Sign up and verification must be done by 11:59PM AEST, Sunday 6th Feb, 2022 to receive AU$20 worth of GOLDRG.
You must use the promotional link provided in order to qualify.


Mod note:

You will not have physical access to gold. What you will get is a digitally-stored gold certificate, the value of which is backed by physically-stored gold. This is clearly spelt out in the FAQ.

When you purchase [own] gold via Cointree’s platform, you are purchasing [getting] direct title to investment-grade gold, stored securely in Australian vaults, that is also insured by Lloyd’s of London.

Gold Certificate explained by Wikipedia

A gold certificate is a certificate of ownership that gold owners hold instead of storing the actual gold. It has both a historic meaning as a U.S. paper currency (1863–1933) and a current meaning as a way to invest in gold.

Banks may issue gold certificates for gold that is allocated (non-fungible) or unallocated (fungible or pooled). Unallocated gold certificates are a form of fractional-reserve banking and do not guarantee an equal exchange for metal in the event of a run on the issuing bank's gold on deposit. Allocated gold certificates should be correlated with specific numbered bars, although it is difficult to determine whether a bank is improperly allocating a single bar to more than one party.

This post has been edited to remove references to REAL gold and REAL gold bullion. Please keep this in mind when you read the following comments and replies, and when you contribute to the discussion.

Referral Links

Referral: random (26)

Referrers receive up to 70% of Cointree commission earned from referee, depending on your current reward tier.

Related Stores

Cointree Crypto Exchange
Cointree Crypto Exchange

closed Comments

  • -1

    $20 worth of GOLD!! Really?
    Is this real? or a scam… ;(

    • +1

      Nope, we're just very excited about this partnership and want to share the excitement :D

      • I just joined with above link and verification is completed but I don't see the gold. can you tell me how long it gonna take to get it and where to check?

        I've checked the wallet but not showing anything,

        also Do I get $10 as well with promotion if deposit certain amount?

        • The gold should be allocated within 24 hours and the $10 AUD credit should be applied instantly after the first ($20+) crypto trade is made, sometimes this can take an hour or so.

          • @CointreeAlex: Wow so I could get $20 worth of gold without anything but verified, I also get $10 AUD credit if I deposit and buy crypto over $20?

          • +1

            @CointreeAlex: it's been 24 hours already but I can't find the gold, please advise me which section I can find the gold?

            Would it be under Wallet -> Accounts?

          • @CointreeAlex: It's been 36 hours but I don't see the gold. Can you check and tell me quick?

          • @CointreeAlex: Is there a promotion link that confirms this deal to get $10 credit?

        • I really want to know quickly as possible

          • @Ryoon: You get the $10 credit after the first trade is made and the $20 of Gold should be credited.

    • -1

      Clearly you Ozbargainers have NO Financial training. To assist I have attached excerpts from my book MADOFFS FINANCIAL WISDOM:
      1. Empower Australian investors: definition: move your funds into our account.
      2. Another exciting way to increase your wealth: df- see 1. Above.
      3. Great hedge against inflation: df - no need to worry about that once we move your money.

  • To celebrate this new investment option, we’ll be giving $20 of REAL gold bullion to people who sign up and verify their account before 11:59PM AEST, Sunday the 6th of Feb, 2022

    Highly doubt everyone of the thousands that signs up free gets $20 gold nugget delivered to them… What’s the catch?

    Gold is $82 a gram at the moment. Give or take. $20 is quarter of a gram. What does that even look like?

    Doesn’t mention offer on website either. Only $10 bonus if you sign up and deposit.

    • Probably a crypto coin tied to the value of gold

      • They keep saying $20 of REAL gold bullion

        • Perhaps it is the name of a new meme-coin…

          • -4

            @mapax: Hey guys!

            When you buy (or in this case, receive) gold via Cointree's trading platform, you're purchasing direct title to investment-grade gold, stored securely in Australian vaults, that is also insured by Lloyd's of London.

            You can sell the gold at anytime via the Cointree platform but physical redemption of the asset is not currently available. When the gold is sold, the ownership gets updated via our Rush Gold integration.

            FinTech Australia recently published an article about this partnership and integration - it can be found here

            Hope that helps!

            • +3

              @CointreeAlex: Super long winded way to say it’s a BS $20 value credit. You’ve jumped through hoops to try and justify it as anything more than that.

              Incredibly misleading when you keep saying REAL Gold Bullion.

              You know exactly what you meant. We don’t from your post.

              Edit: Thanks Scrimshaw for editing title to indicate its digital currency.

              • @Hybroid: Just trying to make it as transparent as possible, so let me try again.

                You're not receiving a $20 credit, you're receiving a title stating that you own X amount of gold - similar to ASX stock ownership. So it's not misleading as you are receiving ownership of REAL Gold Bullion that physically exists.

                Edit: Title has been updated and is not correct, it is NOT a digital asset

                • +1

                  @CointreeAlex: If it's only ever on paper, and not physically redeemable it is not REAL gold bullion, it's a digital representation of it.

                  Like saying I have Five $1 coins, because I have $5 available in my bank account.

                  $20 sign up is enough to get people to join, but sell it for what it is.

      • so like a shit coin

  • REAL Gold Bullion

    I'm glad you're not offering fake gold. Honestly how this marketing works even in the US is beyond me.

  • Huge news!
    Haaa haaaa gold or platinum or iron or whatever worth is $20 Aud…

  • +1

    so is it gonna be like.. a picture of a quarter gram of gold that says you are the proud owner of said 1/4 gram of gold?

    Or are you going to post it out in a pre-paid envelope?

  • Can i immediately sell the gold and redeem $20 into my bank account? or is there a catch?

    • No catch, you're able to do that if you wish

  • Photo verification? Or just ID?

    • Both

  • +1

    How soon will I see the $20 worth of gold after successful verification?

  • quarter gram of gold

    Just the right size for a gold bug

  • "Get $20 Worth of Gold (NOT as Digital Currency)"
    "we’ll be giving $20 of REAL gold bullion"

    "you're receiving a title stating that you own X amount of gold - similar to ASX stock ownership. So it's not misleading as you are receiving ownership of REAL Gold Bullion"

    One of these things is not like the other. There is a HUGE difference between receiving "REAL GOLD BULLION!!!!" and a piece of paper, not redeemable for real gold, saying we own real gold.

    Don't try and have an edit war with the admins over this by editing their correction of your title. What a stupid post.

  • +3

    I am not affiliated with this platform. As someone working in Finance, I do not think the OP has been misleading, it is general knowledge in Finance that if you invest in gold, your investment will be on a "title" (just like with most other commodities). It does not make sense to transport the real gold to you physically (the cost of transportation alone makes it nonviable).
    I can see how the OP's post could have been misleading to the layman on the street, but I just want to highlight that I do not think OP intended to be misleading, its more likely that OP just took it for granted that this is general knowledge. So I will be upvoting this post.

    • Appreciate the support mate, thank you. I'll be more careful with my wording on OzBargain in future :)

      • +1

        Op how soon will I see the $20 worth of Gold certificate reflect under my account after successful verification? WIll it show up under Dashboard?

        • Within 24 hours

          • @CointreeAlex: I clicked on the “Go To Deal” link and I just noticed there is another link in the post, will I still get the $20 gold certificate?

            • @bobwokeup: By not clicking the specified link in the post, it won't automatically flag your account to receive the bonus.

              Just send me a quick PM with the email address associated with the newly created and verified account, I'll sort something out

              • @CointreeAlex: All good I think, I emailed support and they said my account will get credited within 7 business days so I guess they updated it in the back end?

                • +1

                  @bobwokeup: It seems so - glad it was resolved so quickly

  • Wow, since my first post my gold has doubled in value. People have realised the certificates can be used as toilet paper and with the current supply shortages I have something now of true value - shit.

  • I'm not affiliated but pity to see so many dislike in comments, I still try to register and I'm waiting for verification. Crypto exchanges and many of Crypto related sites have both good free money and scams. I feel cointree itself is genuine so let me try and will leave the comment again once I get the digital gold.

    • +1

      You're right, it's a bit of a shame that semantics overshadowed a really cool partnership and some value for OzBargainers.

      Reach out if you need anything mate :)

  • Will you be releasing an iOS app soon?

    • +1

      Most definitely in the works ;)

  • +1

    Anyone got the gold after register? I haven't got it. it's been over 38 hours.

    • No, got nothing.

      • I will wait for response from rep but ready to report if not successful.

        • My apologies, this should have been done within 24 hours max.

          Following up right now.

          • -1

            @CointreeAlex: Thank you please follow up and advise urgently,
            OZbargain forum/website is very powerful as you might already know.
            when promotion is giving a great impression, it will bring up a huge success, you know what opposite can be.
            Word of mouth especially in Ozbargain is extreme, hope cointree won't take the side to this opposite option.

            • @Ryoon: I don’t think that warrants an urgent follow up. They obviously don’t understand how quickly OzBargainers get onto deals, so the 23 hours was always going to be a stretch. As long as it doesn’t take longer than a week it’s still free money and a good deal in my opinion.

    • It has been more than 48 hours here. I pm'd the rep on 1st February, he said would get credited within 24 hours. I messaged again earlier today, haven't got any reply. :/

      • Not a good reason to neg the deal. I think it’s good they are busy as they’re getting more customers, probably mainly from here at the moment. Customer service replied to me saying mine will be credited within 7 business days so I’m happy with that.

        • Was told the same in the morning and the gold arrived in my account in the afternoon.

          • @szy2k: Same here, I’d rather it that way actually.

  • +1

    I got the gold and value is now $20.14

    I worried that It could be not happening but it did happen.

    it's genuine so I put positive on this for support

  • Damn missed this. Any chance for a similar promo to come back OP?

    • Sorry to hear that you missed it, and we would love to keep promoting new and exciting offers to OzBargainers.

      I'd recommend keeping up with our social media channels, Twitter & Reddit in particular.

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