To buy a TroyGold Krugerrand token, sign in to your Mesh account and navigate to the asset on the Marketplace.
If you already own TGLD tokens, go to your Accounts view, select the Asset, then click View Asset.
Click on Trade Now, then select the relevant action button based on whether you want to Buy or Sell tokens. You will be prompted to enter the number of tokens you want to sell or the amount of mZAR you want to pay if buying, depending on available funds or available tokens.
The minimum trade value is 0.0004 TGLD.
Take note that the Quoted Price displayed is indicative and subject to change. The final pricing for your trade will be updated at the time the transaction is executed.
Please note that all gold spot prices displayed in this article are for illustrative purposes only. You can view the live price by viewing the asset on the marketplace.
Sell Order
Once you enter a value for the number of tokens you want to sell, the timer on the quoted price begins counting down from 30 seconds. If you do not execute your transaction before the timer runs out, you must refresh the quoted price to get the updated value.
Buy Order
Enter the value of mZAR you want to pay, and remember to ensure that the minimum deal size is 0.0004 TGLD. Once you enter a value, the timer on the quoted price begins counting down from 30 seconds. If you do not execute your transaction before the timer runs out, you must refresh the quoted price to get the updated value.
If you click on Trade Preview and Slippage, you'll see a breakdown of the trade amounts:
Trade Fee - this is the 0.4% Mesh trade fee
VAT - this reflects the applicable VAT charged on the Trade fee
Slippage refers to the difference between the expected price of an order and the actual executed price. Click here to read more about slippage
Once you submit a Buy or Sell order, you can view the status of your trade by clicking on the Trades tab on your menu bar.
The status will change from Pending to Settled once the trade has been settled.
Please note that all gold spot prices displayed in this article are for illustrative purposes only. You can view the live price by viewing the asset on the marketplace.