Step 1
Download the app and register with your email address, Apple ID or Google ID.
Successful silver bartering
How it works
Step 2
Create a wallet in the app now and connect it to your S-Deposito.
Step 3
Finally, you can barter any amount of your silver granules into your wallet. You are now ready for barter trading.
Barter with silver
Step-by-step setup guide
Start
Download app
1
Open store
Open the App Store or Google Play Store on your smartphone.
2
Find the app
Enter "SILbar" in the search field and download the app.
Registration
3
Create account
Open the app and tap "Create account".
4
Enter email address
Enter your email address and tap "Continue".
5
Receive confirmation code
You will now receive a confirmation code by email.
6
Enter confirmation code
Enter this code in the "Confirmation code" field in the app and tap "Continue".
7
Create password
Now create any secure password. Also enter your first and last name and tap "Register".
Create wallet
8
Enter email address
Enter this code in the "Confirmation code" field in the app and tap "Continue".
9
Create password
Now create any secure password. Also enter your first and last name and tap "Register".
Activate wallet
10
Activate wallet
Tap the "Activate" button to go to the S-Deposito login page.
11
S-Deposito login
Log in with your S-Deposito access data.
12
S-Deposito confirmation
After logging in to your S-Deposito, tap the "Confirm" button.
13
Connection
Your S-Deposito is now connected to your wallet in the SILbar app.
Top up wallet
14
Top up wallet
To deposit silver into your SILbar wallet, tap the "Top up" button.
15
S-Deposito login
A new page opens and you can log in to your S-Deposito.
16
Barter page in the S-Deposito portal
After successful login, you will land directly on the barter page in the S-Deposito portal.
17
Set silver amount
Enter either the desired amount of silver or a cash amount to deposit the silver amount into your wallet in the app.
18
Carry out silver transfer
As the penultimate step, select your SILbar wallet, then click "Carry out transaction" and confirm the process with "Yes".
19
Successful silver transfer
Close the window by clicking the cross at the top left and you will now see your updated silver amount at the top right within 60 seconds.
Target
Frequently asked questions
-
Do I need an S-Deposito to barter?
Yes, the S-Deposito is the foundation for silver bartering. It guarantees that every barter transaction is backed by physical silver.
-
How does bartering via the app work?
Open your app, scan the partner business QR code, enter the amount and barter the silver. The business receives the corresponding amount of silver in its S-Deposito, and you receive the product or service.
-
Are there fees for the wallet?
No, there are no additional fees for either the wallet or each barter transaction. Use of the barter service is included in the annual custody fee for your S-Deposito.
-
Can I also barter with gold?
No, currently you can only barter with silver.
