Jump to content

Have you ever tried to buy precious metals with cryptocurrency?

Rate this topic


Recommended Posts

If you ever considered buying gold or other precious metals via JM Bullion or Bullion Exchanges, you probably went through many guides. Seek no more! Here’s NOWPayments' informative guide on how you can buy precious metals with bitcoin or other cryptocurrencies.

One can profit from the metal price movements — depends on your trading strategy
It helps you to preserve funds during economic uncertainty: when the US dollar loses in price, while precious metals rise. This can do well for you in pandemic times!
It’s good for the collection's sake!

Find out more at https://nowpayments.io/blog/how-to-buy-precious-metals-with-bitcoin-heres-your-guide

 

Link to comment
Share on other sites

  • Shariar Porosh changed the title to Have you ever tried to buy precious metals with cryptocurrency?
  • 3 weeks later...
  • 4 months later...
  • 2 months later...
  • 2 weeks later...
  • Root Admin
On 9/6/2021 at 6:49 PM, antracit said:

In general, are there jewelry stores that accept cryptocurrency?

Just found some that claim they take crypto: https://cryptwerk.com/post/10-best-jewelry-stores-accepting-bitcoin-and-other-cryptos-in-2020/

I see this as a good trend for jewelry stores to take crypto so I'm sure there are more or there will be soon.

Link to comment
Share on other sites

  • Root Admin
On 4/4/2022 at 5:22 PM, TariCanestrini said:

What about the countries where crypto is not legal? What should they do?

In my opinion crypto should be free and used by everyone that wants. Unfortunetely some countries banned crypto but I think soon they will reverse these laws and will make them frendlier and will just tax profits.

Personally, if I would have lived in a country that baned crypto I would use a VPN and a privacy by design cryptos like Monero and still trade and invest in crypto 🙂

Link to comment
Share on other sites

  • 4 weeks later...

Yes, you can buy silver or gold with a cryptocurrency like Bitcoin. Since Bitcoin was created in 2008, its price has skyrocketed. Its also beginning to find mass acceptance as a method of payment and is both a currency and an online payment system rolled into one.

Link to comment
Share on other sites

  • 3 weeks later...

Yes. I am tried to buy precious metals with cryptocurrency. If you're looking for an asset that you can quickly move in and out of without losing value in a short time (like Bitcoin can), gold might be a better option. It is a much more liquid asset and can allow you to reallocate your portfolio quicker when the market fluctuates.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    We Connect  Money Makers With TOP Earning Opportunities!

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...