SilverBits SLVR: Frequently Asked Questions

Silverbits SLVR is the latest commodity-based asset to join Mesh.trade’s growing selection of investment options. SLVR is backed by 99.9% fine silver (.999-fine silver) and provides portfolio diversification through tokenised precious metals exposure. Here’s a quick look at what you need to know about the asset.

What is SLVR token?

SLVR is a digital token backed 1:1 by vaulted investment-grade silver. Each SLVR token represents exactly one troy ounce (31.1055 g) of 99.9% fine silver, securely stored at Union Vault and insured by Lloyd’s of London.

How is SLVR backed?

Every token is fully collateralised by physical silver. Independent third-party auditors verify the vault holdings monthly, and proof-of-reserves is published on-chain for full transparency.

Can I redeem SLVR for physical silver?

Yes. You can redeem your SLVR for physical delivery in the form of a polished and stamped 1kg silver bar (fees apply, price on application). Delivery is made to your preferred address. To request physical redemption, please email help@meshtrade.co, and our team will initiate the process for you.

How do I buy SLVR?

It’s easy. 

• First sign up or log into your Mesh.trade account.
• Complete the KYC verification if you haven’t already done so.
• Fund your account.
• Purchase SLVR at live market prices (spot + vault fee). The minimum trade value is 0.04 SLVR.

Can I buy a fraction of a SLVR token?

Yes. SLVR supports fractional ownership down to 7 decimal places, so you can start small and build your holdings over time. The minimum trade value is 0.04 SLVR.

How can I trade SLVR?

SLVR is available on the Mesh Marketplace, where you can buy, sell, or transfer tokens 24/7 with deep liquidity and tight spreads.

What fees apply?

The purchase price includes the silver spot price plus a two-year vault fee (R2.86 per troy ounce, including VAT). Additional redemption and delivery fees apply for physical bars. The trading fees follow the Mesh standard fee schedule.

How do I know if the silver really exists?

The underlying silver is stored in Union Vault, insured by Lloyd’s of London, and subject to monthly independent audits, which we publish on Mesh.

What proof do I have that I own the underlying silver?

Whenever you buy a SLVR token on the Mesh platform, an Ownership Certificate is generated and can be downloaded from your Mesh account. The certificate confirms the full amount of silver you own, fractionalised to 7 decimal points.

Is SLVR affected by silver price changes?

Yes, it is. The value of SLVR tracks the global market price of silver, so your holdings will move in line with the silver spot price.

Can I transfer SLVR to another person?

Yes. You can transfer SLVR to another verified Mesh account instantly. For security reasons, transfers to unverified accounts are not permitted.

How long does physical delivery take?

Delivery times depend on your location and courier availability, but most deliveries are fulfilled within 10 to 15 business days after redemption is processed.

• To invest in SLVR, register for Mesh.trade and view the asset overview.