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Buying KGOLD

Buying KGOLD through the Kulce portal is designed to feel simple while still following a controlled, on-chain market process.

Before you can buy, your wallet must be connected, KYC must be completed, and your wallet must be approved through the whitelist smart contract. Connecting a wallet alone does not make it ready for KGOLD purchases.

Buying Flow at a Glance​

Before You Buy​

To buy KGOLD, you need:

  • A connected or embedded wallet.
  • Completed KYC verification.
  • Whitelist approval for your wallet.
  • USDT available in your wallet.
  • Market pricing to be available.

The portal will guide you through the required steps. If your wallet is not approved yet, you will not be able to complete a buy request.

Entering Your Amount​

You can start a buy request by entering either:

  • The amount of USDT you want to spend.
  • The amount of KGOLD you want to receive.

The portal will show the estimated result before you submit the request.

Reviewing the Quote​

KGOLD pricing is based on live gold market data from Pyth. Before you confirm, the portal shows the expected KGOLD amount, applicable fees, and the current quote.

Gold prices can move quickly, so quotes are time-sensitive. If the price changes too much before submission, the transaction may not continue under the older quote. You can refresh and review the updated quote before trying again.

Submitting the Buy Request​

After you confirm the quote, the portal submits your buy request on-chain. Your USDT is committed to the request while it is being processed.

For requests below Kulce's configured auto-approval limits, the auto-approval mechanism can complete the flow automatically. Larger or otherwise review-required requests may go through Kulce's settlement process before KGOLD is issued.

Receiving KGOLD​

Once the request is approved and completed, KGOLD is issued directly to your wallet. You can then view your balance in the Kulce portal, supported wallets, or block explorers.

Transaction Costs​

Kulce is designed to make Ethereum transactions easier to use. You can cover transaction costs through USDT, so you do not need to keep separate ETH just for gas when using supported portal flows.

When Buying Is Unavailable​

Buying may be temporarily unavailable if:

  • Your wallet is not whitelisted.
  • KYC verification is incomplete.
  • The gold market price feed is closed, stale, or unavailable.
  • The requested amount is outside current market limits.
  • The market is paused or temporarily restricted.

If buying is unavailable, the portal will guide you toward the next action when possible.