# BIT App Now Supports XAUm Mint/Redeem

**Dear Matrixdock users,**

XAUm minting and redemption are now fully supported on the **BIT App (formerly Matrixport App)**, providing users with a seamless and efficient in-app experience with the following:

* **Unlimited order size:** XAUm minting or redemption orders can be placed of any size, enabling improved scalability for large-volume transactions at the most competitive price.
* **Instant price confirmation:** Orders receive near-immediate price lock-in, offering certainty and eliminating exposure to market volatility during the settlement duration
* **T+3 settlement:** New XAUm tokens are created/burned, backed by an actual corresponding new purchase/sale of physical gold bars

This latest enhancement offers a range of powerful features designed to improve flexibility, transparency, and all-on-one-platform ease of use for BIT App users.&#x20;

Download BIT Official APP [here](https://invest.bit.com/downloadPage/en).

Thank you for your continued support. Should you require further clarification or have any questions, please do not hesitate to reach out to our dedicated customer support team at <support@matrixdock.com>.

\
**Matrixdock Team**


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