GSB Gold Standard Review

You have probably clicked this GSB Gold Standard Group review link because you want to learn more about this gold company. Rest assured that you will get the answers to all your questions. In addition, we will provide you with accurate and reliable information in this GSB Gold Standard Group Review that will help you decide whether it is in your best interest to do business with this company or switch to another potential provider.

Bear Lake Gold is an independent review organization that aims to provide accurate information for our readers about gold IRA companies. We give our readers factual, non-sentimental, and manually validated details about the companies we review. We want you, our readers, to be able to compare these companies on a like-for-like basis.

A crucial aspect of our review methodology involves contacting various players in the organizations we review, including their owners, managers, other employees, and clients who have bought from or sold to these companies. We form our own opinions about how suitable, competitive, helpful, customer-centric, and ethical these companies are for doing business with.

Therefore, this GSB Gold Standard Group review will cover different aspects of this company, including a review of its management team members, its products and financial services, the pros and cons of doing business with them, promotions they offer and their rating on customer rating sites.

We want to answer these three fundamental investment questions using the details we will provide in this article.

  • Is GSB a scam or a legit company?
  • Should we do business with GSB Group?
  • Which companies would we recommend as the best gold IRA investment companies to do business with if we do not recommend GSB Group?

Summary for Those Who Want a Quick Abridged Answer

After interrogating different people associated with GSB about the company, we drew the following conclusions;

  • GSB Group is not a scam company.
  • We would not recommend doing business with or investing in a gold IRA through GSB Group, as there are more worthy competitors.

If you read until the end of this GSB Gold Standard Group review, you will find out why we have drawn these conclusions about this firm.

However, one question remains unanswered: "Which companies would we recommend as the best gold IRA investment companies to do business with if we do not recommend GSB Group?”

We set out to review and compare all the major precious metals companies in the US market. As a result, we concluded the best three companies are Augusta Precious Metals, Goldco, and American Hartford Gold. We ranked them as our top three because their customer service levels are far superior to other companies in the industry. They are all BBB accredited Businesses with very few or no complaints over the past three years, and they all have great educational programs and very competitive pricing. In our dealings with them, we have found them to be very transparent, not pushy, and trustworthy.

You can get further information about these recommended companies by clicking the relevant buttons below to request their complete and detailed review packs. We promise it will be worth your reading time.

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#1 Recommendation Best Overall Precious Metal Provider

Best IRA Gold information packREQUEST YOUR AUGUSTA GOLD GUIDE

#2 Recommendation Best  Gold IRA Based On Price

Best IRA Gold information pack REQUEST YOUR GOLDCO GOLD GUIDE

#3 Recommendation Best  Gold IRA Based On Price

Best IRA Gold information packREQUEST YOUR HARTFORD GOLD GUIDE
gsb review

GSB Gold Standard Bank

Introduction to GSB Group

GSB began operations in 2011 in Germany, with its headquarters in Große Bleichen 35 Hamburg, 20354, Germany. The company specializes in the global trading of minerals and precious metals; investors can trade directly on the company's exchange network. The network coverage is in more than a hundred countries. Since the company started operations, it has launched international services and products, including the digital G999 card. Investors can use this card to secure their digital assets.

GSB also owns an IBBP (International Business Blockchain Platform), and the company has assisted many businesses globally through the platform. In addition, GSB has a gold standard digital bank, and it is a universal gold merchant.

Due to advances in technology, the services of this company have grown over the years. It has connected traders and investors in a single platform to conduct business and exchange services and products fast, reliably, and securely. GSB also has a well-established center for software innovation. Its software innovation center helped the company upgrade to the blockchain technology era in 2014.

Over the years, it has become one of the leading firms that trade gold and other precious metal products physically and virtually.

How Does GSB Work?

Through the GSB secure platform, the company has become a leading research company that offers unique services using new technology and marketing experts to trade gold. The company's use of IBBP has provided them with very transparent and flexible leverage sources. In addition, the IBBP has also increased the company’s transactions and trade speed.

Managers of Assets

As a result of some of the discussions we had with previous and current clients of  Gold Standard Group we found that the company provided better services, for example, some clients mentioned that GSB provided them with an E-wallet feature to give them current data while accessing the gold market. The E-wallet also allows them to withdraw money in any currency they choose.

When we spoke to a customer representative, he told us that the company has a GSB gold card connected to it’s virtual banking API. Through the card, GSB customers can check their accounts and savings. It has also made money withdrawals and transfers easy using this novel technology.

In addition, it gives customers a GSB Visa card that allows them to make seamless transactions and every other benefit they can get from using a credit card. However, according to the customer agent we spoke to, you must open an account with GSB to access these features. To open an online bank account with the company, you will register via its website and verify your identity.

Furthermore, the company allows users to move their digital gold to the IBGM (International Business Gold Market). Users can also hold the gold they bought or transferred in their E-wallets. These wallets are personal wallets that strictly belong to these various users.

Brokerage Company

GSB is primarily a precious metal dealer. It offers gold and other precious metals to customers virtually and physically. Customers can buy gold bullion bars of different weights, ranging from 0.1 grams to 1 kilogram. The company has an eCommerce website that allows customers to buy these gold and other precious metal products, and the website allows customers to pay through the GSB pay interface. In addition, GSB has provided customers with some available means to collect and redeem gold and other precious metals from other dealerships.

Gold Standard Bank (GSB)

The GSB Gold Standard Bank is a top-tier private bank that specializes in storing physical and digital gold. Customers can save their earnings in this account and use them for investment purposes. In addition, through this medium, customers can withdraw and transfer money. GSB has structured the bank to be so private that it does not disclose the information or balance of its account holders to a third party.

Trusted Management Company (TMC)

All GSB products are certified by the LBMA (London Bullion Market). It also has a refinery that is LBMA-certified. GSB Gold Standard Group is a trust management company. Hence, as a registered TMC, it offers merchant services to registered and verified accounts.

GSB Gold Standard Group Management Team

The chairman of the GSB Board of Directors      is Josip Heit. Under Heit's leadership, Gold Standard Corporation employed three influential German news houses to develop its information and blockchain technology services.

What are GSB Gold Standard Group Products and Services?

GSB Blockchain Technology

GSB uses software solutions based on cryptocurrency systems to utilize blockchain technology for transactions and payment processing. In this case, it uses digital storage as a secure platform. In blockchain's case, it utilizes Stablecoin, which has driven banks to speed up transactions and reduce associated costs.

For cross-border payments, the transaction methods have significantly transformed. In addition, GSB offers blockchain integrations for processes that involve the removal of financial processes manually. Furthermore, GSB Group's blockchain school educates its customers about cryptocurrency and blockchain technology through virtual video lessons. Customers also get certified after their learning process in the school is complete.

G999 Coin

GSB G999 coin is a system that allows users to trade electronic currencies between pairs quickly. Some features of the G999 coin trading include large transactions and micro fees. The coin is decentralized and does not need authorizations from trusted third parties. Moreover, the G999 coin is resistant to hacking and assault.

GS Lifestyle Credit Card

Josip Heit launched the GS Lifestyle Credit Card in 2021. Josip crafted the card to be entirely gold, and it is one of the world's most precious cards. Users can convert bitcoin to fiat currencies through the card and spend bitcoin in a few seconds. The GS Lifestyle Credit Card has a higher exchange rate and is globally valid. Besides the gold, GS Lifestyle Card has aluminum and steel-plated versions.

Trading Precious Metals

GSB also sells precious metals in digital and physical types, especially gold. The trading platform that GSB provides connects the physical and digital gold commodities. Moreover, it allows users to redeem their gold.

Users can conduct transactions and distribute gold to other people on the platform. The gold bars available for trade in the company have a purity and weight of 99.99% and 24k (Karats), respectively. GSB uses blockchain technology to protect investors' money and ensure transparent transaction processes.

When we asked an agent we spoke with how users can trade on the GSB precious metals trading platform, he said, "users will have to register with the GSB Gold Standard Bank, then they can purchase gold bars and store them in their E-wallets (Electronic wallets). In addition, you can trace transactions on the GSB platform. The company sells the finest quality gold bars from refineries certified by the LBMA."

The unit of measuring gold standard is the current price of gold, and GSB displays users’ account balances in grams of gold. The bank allows digital transactions for standard gold deals. In addition, the bank allows customers to download their monthly statements of transactions.

gold ira pros and cons

Financial Transactions

There are various ways through which users can purchase and pay for gold and other precious metals on the GSB trading platform. However, according to the agent we spoke with on GSB financial transactions, the most effective method is the GSB (Gold Standard Bank Ltd.).

Through GSB Ltd., customers can do the following;

  • Purchase standard gold and pay through bitcoin, wire transfers, or cryptocurrency. Users can also complete their payments using the Gold Standard Bank pay account whenever it is convenient for them to trade. As users trade via the Gold Standard Bank, the bank’s overall rating keeps increasing.
  • Get a GSB Gold Lifestyle card, Visa, or Mastercard after registering for the GSB pay services. They can use the care for financing digital and physical gold.
  • Connect globally via the GSB API. The API allows users to pay for products on the platform from anywhere in the world.
  • Transact with any digital device. For example, smartphones and computers and the transactions are free. In addition, the GSB digital bank account allows customers to transfer money and order products transparently.
  • Get a 6% interest security rate for saving money on the platform.

Why Is GSB Dedicated To Gold And Precious Metals?

When we saw the sophistication of this company, it moved us to ask the customer agent we spoke to why GSB is so interested in trading gold and other precious metals. According to the customer rep, the company aims to make accessing gold and other precious metals easy for everyone, regardless of their reason for investing.

GSB believes that trading gold is a very delicate business. Hence, it uses its platforms to simplify trading and facilitate financial transactions. GSB believes that IT software solutions determine the success of financial transactions. It also believes that IT solutions make transactions comfortable, functional, and reliable. The company's IT solutions allow shops and merchants to deliver hassle-free precious metals products and services to customers.

GSB also offers customers zero-hassle storage and very high liquidity. The company's dedication to gold trading has aided many traders. It says that humans have been fascinated with gold for decades now, and this fascination is continually increasing. To the company, the increase is a sign that gold trading is not ending anytime soon. Hence, traders need a transparent platform to exchange their gold services and products, so it has dedicated itself to providing them with such a platform. Users can pay merchants using the company's digital cards. In addition, dealers can increase their sales via the gold point of sale. The platform allows users to trade digital gold, making it even more convenient for trading. The platform also has other features, which include the gold standard digital bank based on precious metals trading.

GSB Marketing Pack

GSB allows customers to request marketing packs after signing up on the platform. The company designed its marketing pack to help traders who want to sell their precious metals promote them to their followers via social media, blog posts, or other online mediums. The GSB marketing packs include Facebook and Instagram-optimized images, desktop wallpapers, and other social media cover images. The packs also have fonts and the GSB logo in various formats to suit any communication sellers want to make with their customers.

In addition, GSB also designed its marketing pack to aid users in advertising the products and sharing and distributing information via their social media handles on various platforms. It also allows customers to promote product offers that are GSB Blockchain-related.

How Do Customer Review Sites Rate GSB Gold Standard Bank

BB Review and Customer Testimonials

No Reviews Were Found

No Reviews Were Found

Business Consumer Alllience Review

No Reviews Were Found

No Reviews Were Found

Google review

No Reviews Were Found

No Reviews Were Found

Facebook Reviews

No Reviews Were Found

No Reviews Were Found

Trustpilot Reviews

No Reviews Were Found

No Reviews Were Found

GSB Gold Standard Group Promotions

When we enquired about company promotions, the agent we spoke with told us that GSB does not offer any new promotions.

If you wish to invest in a gold IRA company that offers promotions to its new customers, we suggest investing in your gold IRA through Goldco. Goldco offers new investors that qualify for a rollover, free silver worth $10,000.

free $10,000 in silver

Gold Standard Bank (GSB) Pros and Cons

Pros
GSB provides reliable solutions and trading convenience to customers
The company has been in the precious metals market business for a long time
They use IT software solutions to offer hassle-free transactions to customers
They are a transparent company that prioritizes customer safety and security.
Transactions are fast and reliable on the platform
You can buy gold and other precious metals from its eCommerce marketplace
They protect customers’ data using blockchain technology.
Cons
GSB is not a BBB-accredited business. It is a German headquartered company
They have no ratings on the various customer rating websites mentioned above
They do not have a fast and responsive customer service department

GSB Gold Standard Group Conclusion

Bear Lake Gold will give its final standpoint on this gold company to end this GSB Gold Standard Group review. After in-depth research on this company, we discovered that GSB is not a scam operator. It is a reliable company that offers vast IT solutions for transacting gold and other precious metals products.

GSB is revolutionizing the trading and financial industry. It is changing the gold trading niche via its physical and digital gold products. In addition, the incorporation of blockchain technology in 2014 has aided them in delivering better services to customers in the finance industry. Many people have also partnered with GSB cryptocurrency solutions, which has benefited the company’s ecosystem tremendously.

It also has a decentralized G999 coin that helps customers to transact and communicate privately. People who want to transfer or trade money securely through P2P (Peer to Peer) can use the coin.

Also, the platform allows customers to transact rapidly using its GS card to pay for products and services. Users can use the card to spend their cryptocurrencies at any time of the day.

The truth is that GSB offers unique services, but it is not a company that we will recommend for investing in precious metals because it does not offer gold IRA services. Hence, you cannot prepare for retirement by diversifying your savings in a gold IRA through the company.

Furthermore, the business is not a BBB-accredited business and has no review on various public rating sites. The lack of rating makes it difficult to know what customers say about GSB. Hence, we cannot tell customers' experiences trading gold and other precious metals through its platform.

We suggest you trade your precious metals or invest in your gold IRA through any of our recommended top three precious metals companies. They are Augusta Precious Metals, Goldco, and American Hartford Gold. These companies offer the best IRA services and have many positive reviews on various customer rating sites. You can be sure that your transactions will be transparent, secure, and safe.

They also have other unique features we have put together in their various review documents. To see these features and what other customers say about them, please click the relevant buttons below in our 'Top Three GSB Gold Standard Group Alternatives' to request the full review packs.

Our Recommended Alternatives To GSB 

Our #1 Precious Metals & Gold IRA Company - Best Overall

augusta Precious Metals

Augusta Precious Metals is our best rated overall precious metals company

  • Customer care is exceptional
  • Pricing is highly competitive
  • Educational program second to none
  • The best FREE investment guide in the industry
  • Zero complaints on BBB & BCA
  • Free shipping on all orders

Our #2 Recommendation - Best For Promotions

Goldco best ira company review

Goldco is our second top rated gold and precious metal company. Having been top rated all of last year they were very close top Augusta Precious metals

  • Great promotional offers
  • Pricing is highly competitive
  • Educational program second to none
  • FREE investment guide in the industry
  • High buyback prices
  • Expert guidance provided by the team
  • First years fees waivered for new customers

Our #3 Gold & Silver Company -Great Prices and Great Customer Service

Hartford American

American Hartford Gold is our third top rated company.

  • A leading, recognized and trusted brand in the industry
  • A family owned and run business
  • Excellent customer service
  • Buy back guarantee
  • Free shipping
  • Promotional offers for new  customers
  • Transparent about cost
  • Diligent when it comes to compliance

 

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