Description: This asset acts as a receipt for aluminum that is stored on your behalf by NXT Metals. One asset is worth one pound of aluminum. If you turn in this asset and pay a small shipping fee, NXT Metals will ship your aluminum to you.
NXT Metals will sell and buy back this asset for NXT as well as other currencies (including fiat currencies) at the appropriate exchange rate. The buy and sell that prices NXT Metals will offer are based on the bid and ask prices at http://www.kitcometals.com/. The prices, in USD, will be equal to or less than the price on kitcometals.com based on purity. Price of scrap will be less.
NXT Metals will never buy less than 0.01 USD worth of aluminum for any reason.
Legal information can be found here: https://nxtforum.org/nxt-metals/nxt-metals-legal-information/
Information and discussion about this asset can be found at https://nxtforum.org/nxt-metals/nxt-metals-aluminum-asset/ |