Platinum’s name is derived from the Spanish term "Platina del Pinto", which is literally translated into "little silver of the Pinto river". Platinum is one of the rarest elements found in the Earth's crust with annual production of around 30 metric tons (vs. ~2,500 tons for gold and ~ 23,000 tons for silver). Mining is very geographically concentrated as South Africa accounts for over 80% of the world production.
Points computation: 1 bar = 32.20 points
Unlock capital from your bullion with our Secured P2P Loans
Fixed Storage Fee
|6 months||11.50 USD *|
|12 months||23.00 USD *|
|24 months||46.01 USD *|
|36 months||69.01 USD *|
|60 months||115.02 USD *|
|Item||Cost Per Bar|
|Transfer-in and testing||3.63 USD|
* Stored in multiples of 1 bar and can be collateralized. Any unused storage will be refunded upon sellback or delivery.