Cryptocurrency and precious metals have one main thing in common: both attract investors that want to guard against the failure of fiat (or government backed) currency. Did you know that you can also purchase gold or silver with Bitcoin?
If you’ve never used Bitcoin before it can seem overwhelming having to set up a Bitcoin Wallet, and knowing what to do with addresses for example.
The biggest benefit of paying for precious metals with Bitcoin comes in the amount of merchant fees that are tacked onto a transaction. As a result of paying fewer fees, you may pay lower premiums over spot on your precious metal purchases.
Bitcoin and other precious metals also allow for easy international payments because it is accepted worldwide without conversion.
One consideration you should take note of before paying for precious metals with Bitcoin is the lack of privacy. After completing a purchase, the transaction are permanently stored on the blockchain and can be linked to a Bitcoin “address.”
The Bitcoin currency is in its infancy. Experts advise not holding, at any given moment, more than you can afford to lose.
What better way to spend your Bitcoin earnings than to start spending it on precious metals.
We can get $100K of your Bitcoin, convert it into physical gold and ship it to your doorstep under 48 hours!
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You never know what tomorrow will bring. Gold has always protected its purchasing value and it always will be there.