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Articles on:Selling
Liquidate your assets and withdraw funds to your bank account.

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  • Your Account
  • Buying
  • Vaulting
  • Selling
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  • What does buyback mean?
    The Buyback Price is the live, quoted value at which SoundMoney® repurchases your vaulted gold or silver assets, allowing you to instantly convert your metals back into cash (Stored Value). While many competitors in the industry use high spreads—sometimes paying up to 20% under the market spot price—SoundMoney® is built on transparency and speed: INSTANT Liquidity: Unlike traditional dealers who may take days to process a sell-back, our platform allows you to liquidate your hoPopular
  • How long does it take to transfer to and from cash to gold and silver?
    INSTANTLY! The minute you push the button, it’s done.Popular
  • It looks like I am able to transact 24 hours a day, even when the markets are closed, how does that work?
    Yes, this is a 24-hour service and the price listed after hours is the last price posted in the live market right before it closed. All trading after hours is done at that price, and the price is updated again once the market opens again.Some readers
  • How do I sell my metals back?
    To sell your metal back, click on the "buy/sell" button underneath the asset that you wish to sell. Enter a value in the "Cash proceeds you would like to receive.", which is, the total dollars you would like to receive. The confirmation screen reflects the fractional amount of metal that will be liquidated at the sell price to net you the cash proceeds. Then click on the green "sell" button at the bottom to confirm the transaction. The funds from the sale will immediately be available in youFew readers
  • How long does it take for a cash withdrawal to reach my bank account?
    When you initiate a withdrawal from your SoundMoney® Wallet, the timeframe for the funds to arrive in your bank account depends primarily on your banking institution and how your account was initially connected. Standard Timeframes Linked via Plaid: If your bank account was connected using Plaid, you can generally expect the funds to arrive within 24 to 72 hours. Manual Linking: If your bank account was linked manually (without Plaid), the transfer may take up toFew readers
  • What is the fee for liquidating my metal?
    When you liquidate your metal, the transaction is processed as an immediate sale back to SoundMoney at the current live buyback price. There is no separate 'flat fee' for the transaction itself. Because these trades happen in real-time based on live market conditions and physical inventory premiums, all liquidations are final and cannot be reversed once processed.Few readers
  • Can I request a check?
    Yes. To receive a physical check: Liquidate the desired amount of metal into your 'Buying Power.' Click on 'Buying Power' from your Dashboard. Select the green 'Withdraw Funds' button. Choose 'Mailed Check' as your method. Please ensure your mailing address is up to date in your settings before confirming. While ACH transfers are generally faster, we are happy to mail a check to the address on file.Few readers
  • Is there any limits on how much I can withdraw?
    SoundMoney does not currently have any daily or monthly limits on the amount of cash you can withdraw from your 'Buying Power.' You are free to withdraw your funds as needed via ACH transfer, Wise, or a mailed check. However, please keep in mind the following external factors: Bank Limits: Your personal bank often has its own daily ACH or wire transfer limits that may prevent a large transfer from clearing in a single day. Compliance Verification: For exceptionally large withdrawalFew readers

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