Sellers share the details.
Submit the material type, approximate quantity, location and sourcing documents through WhatsApp, then complete the required seller checks.
Karat is building a marketplace that connects sellers of gold and precious metals with verified buyers. Qualified partners test the material. Offers and fees are set out clearly. Every step is tracked through WhatsApp. Africa first, with connections to global markets as the ambition.
In development. Starting with gold, subject to local trading rules and partner approvals.
Gold and precious metals are the core of Karat. Industrial and battery materials are planned as the marketplace grows.
Gold, Silver, Platinum, Palladium, Rhodium, Ruthenium, Iridium and Osmium.
Our primary focus, starting with gold.
Copper, Lithium and other future supported materials.
Planned expansion, subject to form, testing and approved partners.
Supported materials, forms and countries will depend on partner approvals and local trading rules.
Simple on your phone. Physical handling by qualified partners.
Submit the material type, approximate quantity, location and sourcing documents through WhatsApp, then complete the required seller checks.
Verified buyers specify the material, form, quantity, grade and location they are looking for.
Qualified partners check eligibility, then weigh and test for purity or grade. Results inform the final offer.
Offers, fees and transaction terms are set out in one breakdown. Nothing proceeds until participants approve.
Approved partners coordinate the sale and settlement. Progress updates arrive through WhatsApp at each milestone.
This describes the intended service. Processes will vary by country and material. A test result alone does not establish ownership or permission to export.
Trading something valuable should come with answers. Karat is designed to make the important details visible to everyone in the transaction.
Your questions, answeredWeight, purity or grade, price and deductions in one clear breakdown—before you agree to anything.
Documented handovers to qualified partners, with an agreed process for custody and settlement.
Partner test results and sourcing documents to review before you commit.
Set the material, form, quantity and grade you need. Offers follow the trading rules of each market.
An AI assistant helps you understand requirements, quotes and transaction updates. Physical authentication is always performed by qualified testing partners.
We’re shaping an initial gold pilot in Zimbabwe, subject to confirming the permitted trading structure and partner participation.
Africa first. Connections to global markets where trading rules, approvals and partnerships allow.
Pilot participation details will be announced once operating arrangements are confirmed.
Not yet. Karat is in development. Trading and pilot registration are not currently open.
Gold first. Other precious metals—silver, platinum, palladium, rhodium, ruthenium, iridium and osmium—are planned. Industrial and battery materials such as copper and lithium are a longer-term expansion. Support for each depends on its form, testing requirements and approved partners.
Qualified testing partners physically check weight and purity or grade. The method depends on the material and its form. Photos and AI cannot establish purity. Sourcing and ownership checks are separate from testing.
It helps you understand requirements, documents, quotes and transaction updates. It does not authenticate material or approve transactions.
Verified buyers who pass the required checks and are permitted to buy under the trading rules of the relevant market. Some markets restrict who may buy and how a sale settles. Karat will operate within those rules.
Local-currency payouts, USD receiving details and stablecoin settlement are potential features that would depend on financial partners, the transaction structure and each country’s rules. None is currently offered.
Not necessarily. Many countries regulate how gold and other materials are sold and exported. In Zimbabwe, the proposed pilot must follow the approved local gold-trading and export framework. Connections to global markets will only be offered where the rules allow.
The fee model is still being developed. Our goal is to disclose Karat’s fee and any testing, logistics and settlement costs before a transaction is approved.