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Is 7k Metals Legit?

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7K Metals is a precious metals and collectibles company that specializes in providing exceptional quality gold, silver, and copper products for collectors and investors. The company was founded in 2016 with the goal of providing competitive prices, exceptional customer service, and a commitment to ensuring the highest quality of products. 

7K Metals offers a variety of coins, bars, rounds, and ingots in a variety of precious metal weights, making it easy to find the perfect product for any investor or collector. Additionally, 7K Metals provides an array of collectible items from around the world, including coins, statues, jewelry, and more. The company is dedicated to delivering the best overall customer experience and is committed to providing customers with a secure and convenient way to purchase precious metals.

7K Metals is a reputable and reliable resource for precious metals and investment options. You can read their full company profile on this article on Cayman Financial Review.  Here are just a few of the reasons why it is a legitimate source:

  • A Track Record of Success: 7K Metals has been in the precious metals business for over the years, giving customers a track record of success and reliability.
  • Reputation for Quality: 7K Metals is known for offering high-quality products, from coins and bars to rare metals. They are committed to providing only the best and most secure products to customers.
  • Experienced & Knowledgeable Staff: 7k Metals has been in the metalworking industry for over the years, giving them the experience and expertise to provide the best services for their clients. Their staff are knowledgeable about the latest trends in metalworking and are available to answer any questions or concerns customers may have.
  • Top-Notch Security: 7K Metals takes their customer’s security and privacy seriously. They use the latest encryption technology to ensure that all transactions and customer data are protected and secure.
  • Accreditation: 7k Metals is accredited by the Better Business Bureau and is a member of several reputable organizations, including the Industry Council for Tangible Assets and the American Numismatic Association. This accreditation ensures that 7k Metals is a reliable source of valuable metals and is committed to upholding the highest ethical standards.

How Does 7k Metals Work

7k Metals is a revolutionary new company that is changing the way people look at precious metals investing. Through their innovative platform, investors are now able to access the same high-quality metals as larger institutional investors, allowing them to easily diversify their portfolios with confidence.

7k Metals allows customers to purchase precious metals such as gold and silver in investment-grade form, making them easy to purchase and store. Customers can also purchase collectible coins, rounds, and bars, giving them access to a wider range of precious metals. Additionally, customers can access the 7k Metals marketplace to purchase pre-owned coins and bars at competitive prices.

How Do You Join 7K Metals

Joining 7K Metals is simple and straightforward. With just a few steps, you can become part of the 7K Metals community. To begin, navigate to the 7K Metals website and select the “Join Now” button. You will then be prompted to enter your contact information and create a password. Once these steps are complete, you will be able to access a variety of benefits, including exclusive access to our members-only area and exclusive deals on precious metals. You will also be able to easily keep track of your account and purchases with their intuitive tracking system. Joining 7K Metals is a great way to invest in precious metals and reap the rewards.

Pros And Cons Of 7k Metals

Investing in 7k Metals can be a great way to diversify and add value to your portfolio. However, it is important to understand the unique advantages and disadvantages associated with such an investment. To help you make a more informed decision, here is a list of the pros and cons of investing in 7k Metals.

PROS:

  • Unrivaled Quality: 7k Metals products are crafted with the highest quality materials and are designed to withstand the elements, ensuring an exceptional product that lasts for years to come.
  • Cost-Effective Solutions: 7k Metals products are competitively priced and offer a cost-effective solution for any budget.
  • Diversification: By investing in 7K Metals, you are diversifying your portfolio and protecting yourself against market volatility. The unique nature of 7K Metals allows you to hedge against declines in other asset classes while still participating in the potential upside of the global economy. 
  • Liquidity: 7K Metals offers investors the ability to easily buy and sell their holdings. This makes it an ideal option for those who need quick access to their funds or who may not be able to commit to holding their metals for a longer period of time.
  • Low Overheads: Through their platform, 7k Metals offers investors access to low overhead costs, making it less expensive to buy and store precious metals.
  • Tax Advantages: 7K Metals investors can benefit from various tax advantages, including lower capital gains taxes and tax-free dividends.

CONS:

  • Market Volatility: 7k Metals can be subject to significant market volatility due to the fluctuating prices of gold, silver, and other metals. This means that the potential for significant gains is offset by the potential for significant losses.

What Are the Fees Involved With 7K Metals

7K Metals offers a wide range of services that have associated fees. In order to ensure our customers have a seamless experience, we have outlined the pertinent fees associated with our services. 

The fees for opening and maintaining an account with 7K Metals are as follows:

  • Initial Setup Fee: This fee is charged when a new account is opened and covers the cost of setting up the account, including generating required paperwork and other administrative costs. 
  • Annual Maintenance Fee: This fee is charged each year to cover the costs of maintaining an account, such as ongoing paperwork and other administrative costs.
  • Trading Fee: This fee is charged for each transaction that takes place within the 7K Metals platform and is based on the size of the transaction.
  • Storage Fee: The platform charges a storage fee of 0.5% of the total value of the metals stored in your account. This fee helps cover the cost of keeping the metals in a secure storage facility.