Shanghai has recently unveiled a revolutionary gold ATM that has taken the market by storm. This cutting-edge machine, created by Kinghood Group, not only accepts gold items but also melts them down, verifies their purity, and transfers the value directly to the user’s account in just 30 minutes. This innovative concept has quickly gained popularity, especially with the surge in gold prices, as locals are now able to exchange their jewelry for instant payment. The ATM sets a minimum requirement of 3 grams of gold with a purity of at least 50%, and determines the value based on Shanghai exchange rates. This technological advancement has simplified the process of selling gold, providing a quick and convenient solution for individuals looking to cash in on their valuable assets. Whether you are looking to liquidate your gold holdings or simply curious about this modern approach to trading precious metals, the gold ATM in Shanghai offers a seamless and efficient experience for users.