EG Announcement | *Updates* Beta Rewards redemption

Dear users,

It has come to our attention that due to the Covid-19 situation, many of you are unable to complete your account verification before 30 June and are unable to receive your full beta rewards.

We have made some changes so you can receive the full rewards you have earned.

For users who are unable to complete your account verification before 30 June due to unforeseen circumstances:

If your beta rewards are worth more than 300,000 rewards points, we will make up for the difference in equivalent reward points based on the gold spot price on the day of account verification.

For example,

Gold spot price on the day of account verification: S$54/gram
Beta rewards earned: 0.86grams of gold, worth S$46.44 based on gold spot price on that day.

S$46.44 = 464,400 Reward Points.

User receives 464,400 Reward Points (worth $46.44), instead of the previous 300,000 points.

Once your account is verified, kindly email to us at [email protected] as per the format below to receive the difference in reward points.

Email address:
Mobile number: (with country code)
*Please input the email address and mobile number that you registered your account with*

Thank for your patience and understanding.

Everest Gold Customer Service team

Related Posts

Gold’s outlook in the second half of 2021 according to anticipated events

The first half of the year has been a tumultuous one for gold. It has risen and fallen against the backdrop of the US dollar and…

What taxes do you pay when investing in gold?

Gold has a long history of cultural significance in Asia. It has been used in ornaments, fabric, and jewellery. Today, gold not only plays an essential…

What is the difference between spot gold and gold futures, and which should you invest in?

There are a plethora of choices available when selecting an asset to invest in—from stocks to property to precious metals.  Gold has one of the most active…

What’s in store for gold investors in 2021?

Sociopolitical events, especially US political and economic conditions, are known to heavily affect gold prices. In 2020, prices for gold increased by 25 percent, owing…

Is there a good time to buy gold?

Gold, like all other investments, has its risks and can be volatile depending on the economy. Determining the value in gold prices can be subjective,…

How American politics and the US economy affect gold prices

In the past, governments determined a country’s currency or fiat money through the value of gold according to the gold standard. A government would set…