In the event you’re trying to hedge the volatility of crypto or develop your assortment of valuable metals and cash, BitPay has created this useful information on shopping for gold with Bitcoin and different cryptocurrency.
Why Purchase Gold with Bitcoin?
Whereas Bitcoin and different crypto have seen explosive development since its introduction in 2009, gold bullion has persistently risen in worth for hundreds of years. Gold might not all the time outperform different funding automobiles, however there are a number of causes it’s persistently used as a hedge in opposition to volatility. Gold is valued throughout the globe. It holds worth even whereas political and monetary uncertainty exist. And much like crypto, it has an especially liquid market by which gold might be exchanged for fiat.
The way to Purchase Gold with Bitcoin and Cryptocurrency
There are two methods you should use your cryptocurrency to pay for gold and valuable metals:
- Purchase immediately from respected gold and valuable metallic retailers that settle for crypto.
- Join the BitPay Card to spend your crypto like money.
Purchase Gold & Silver with Crypto Direct from Retailers
A number of respected gold and valuable metallic sellers associate with BitPay to simply accept Bitcoin and cryptocurrency. The gross sales course of is as safe and straightforward as some other fee technique.
In the event you’re prepared to purchase gold with crypto, go to considered one of these trusted gold retailers that settle for Bitcoin and crypto.
See all main firms that settle for Bitcoin in our Service provider Listing
The way to Purchase Gold With Crypto from a Respected Vendor
- Guarantee you’ve gotten a crypto pockets that’s supported by BitPay. BitPay helps hottest wallets like Trezor, Ledger, Exodus, plus exchange-based wallets like Coinbase and Kraken.
- Discover the gold, silver, platinum or different valuable metals you’d like to purchase. Add to your cart on the supplier’s web site.
- At checkout, select BitPay as your technique of fee.
- Choose the pockets and asset you’d like to make use of to pay in your gold or valuable metallic.
- An bill shall be generated. Scan the QR code or copy and paste the fee particulars into your pockets.
- Congratulations! You’ve simply bought gold with crypto!
Purchase Gold & Silver with Crypto Utilizing the BitPay Card
The BitPay Card works like some other debit card. Nonetheless, as a substitute of funding the cardboard along with your checking account, you fund it out of your most popular crypto pockets. Use the BitPay Card to purchase gold bullion from any supplier that accepts MasterCard. This technique could also be best for you in case your purchases will stay beneath the cardboard’s spending limits otherwise you’d prefer to fund ongoing purchases with crypto.
The way to Purchase Gold with Crypto Utilizing the BitPay Card
- Obtain the BitPay Pockets app for Android or iOS.
- Join the BitPay Card.
- Discover gold, silver, platinum or different valuable metals you’d like to purchase.
- Add funds to the cardboard by the BitPay App.
- At checkout, use the BitPay Card like some other debit or bank card.
You may proceed to make use of the BitPay Card to pay for presents, journey, deal with your self, and dwell on crypto! Prepared get the join the BitPay Card? Obtain the BitPay app to get began.
The one crypto pockets app you must take management of your belongings.
Get the App
FAQs About Shopping for Gold with Crypto
What cryptocurrency can I exploit to purchase gold?
Along with shopping for gold and silver with Bitcoin (BTC), BitPay and its trusted retailers assist Ethereum (ETH), Bitcoin Money (BCH), Dogecoin (DOGE), Litecoin (LTC), XRP (XRP), Dai (DAI), Binance USD (BUSD), USD Coin (USDC), Wrapped Bitcoin (WBTC), Pax Greenback (USDP), and Gemini Greenback (GUSD). We’re regularly evaluating and including new cash to assist.
What valuable metals can I purchase with crypto?
The most well-liked valuable metals embrace gold, silver, platinum, and palladium. You should purchase pressed cash, bullion, and bars.