Auxite Platform Terms of Service
Effective: January 1, 2025 • Updated: December 20, 2025
By accessing or using the Auxite platform, you agree to these Terms of Service.
1. Definitions
- “Certificate” - Digital Allocated Metal Certificate issued by Auxite
- “Tokens” - Digital assets representing allocated metal ownership
- “Physical Metal” - Actual bullion bars stored by Auxite custodians
- “Holder” - User to whom a Certificate is issued
2. Nature of Certificates and Tokens
Certificates and Tokens represent an allocation of physical metal. They are NOT securities, investment contracts, deposit accounts, or electronic money.
3. Certificate Validity & Allocation Records
Digital Certificates are informational records evidencing allocation. The authoritative record is the Auxite internal ledger and custodian records.
Auxite may replace, consolidate, or void certificates in the event of reallocation, consolidation, redemption, or custody changes.
4. Custody and Audit
Physical metal is stored with Approved Custodians under fully allocated, segregated custody. Auxite engages third-party auditors at regular intervals.
5. Redemption
Redemption requests must comply with Auxite's redemption policies. Physical delivery is subject to logistical and regulatory requirements.
6. Limitation of Liability
Auxite's total liability shall not exceed the amount paid for related Tokens or Certificates. Auxite is not liable for indirect or consequential damages.
7. Amendments
Auxite may update these ToS. Updates are effective upon posting. Continued use constitutes acceptance.