# GOLD and SILVER Seller Statuses Explained
Every seller on Asic Seller carries a visible trust tier. The tier tells you what kind of business you are dealing with before you send a single message.
GOLD: verified companies
GOLD status is reserved for companies with a registered legal entity. Our team reviews registration documents before the status is granted. For larger purchases — a full batch of miners, or a hosting contract — GOLD sellers provide an extra layer of accountability.
SILVER: experienced individuals
SILVER status marks experienced individual sellers with a proven trade history on the platform. It is the tier where most well-priced used hardware circulates.
How statuses help you
- Faster counterparty screening.
- A clear escalation path in disputes.
- Combined with per-deal reviews, a realistic picture of the seller.
Statuses are reviewed, not permanent. A seller who stops meeting the bar loses the tier, so the badge you see today reflects ongoing verification, not a one-time check.