Pure Launches Mobile App for Precious Metals Trading
News related to:Pure · 2 min read
LOS ANGELES, Oct. 6, 2026 /CourierPR/ -- Pure, a peer-to-peer marketplace for precious metals and rare coins, has launched its mobile app, setting a new standard for buying, selling, and tracking gold and silver from your iPhone. The app, now available for both iPhone and Android, connects to the same account, orders, and listings customers use at collectpure.com.
The app combines public bids and asks, custom price alerts, order notifications, and a home-screen spot price widget. Since its launch, more than 4,000 customers have bought or sold on Pure, and over $1 billion in precious metals has changed hands on the marketplace.
The app offers several features to enhance the user experience. Customers can set an alert for a product's lowest ask, highest bid, or premium over spot and receive a notification when their chosen level is reached. Premium alerts can be set in dollars or percentages. Order notifications inform sellers when their ask fills and update buyers and sellers as orders move through each step. A home-screen widget displays spot prices for gold, silver, platinum, and palladium without opening the app.
New customers can sign up and complete identity verification in the app, a process that takes about 15 minutes with an ID, a selfie, and a bank account. There is no minimum purchase. Sellers can create listings, access prepaid shipping labels, and manage payout details in the app. Pure Priority orders, which ship from pre-verified stock, accept Apple Pay on iPhone.
Orders placed in the app follow Pure's existing verification process. For standard marketplace orders, sellers ship items to Pure after an order fills. Pure tests and inspects each item before sending it to the buyer. Items that pass are designated Pure Qualified. Shipments are insured in both directions, up to $125,000. Seller payouts are typically released about three business days after check-in, once verification is complete.
Pure's published seller fees range from 0.5% to 1.5% of the sale, depending on the item and quarterly volume. Buyers pay no marketplace fee. Card payments on Pure Priority orders carry a 2.9% surcharge. Outbound shipping costs $25 on orders under $10,000 and are free on orders of $10,000 or more.
The Pure app is free to download from the App Store and Google Play. Co-founded in 2022 by Trey Benedict, a former numismatist at Heritage Auctions who also conducted research at the Smithsonian, Pure is based in Los Angeles and is a graduate of Y Combinator's Summer 2023 batch. Learn more at collectpure.com.