Bitcoin

Easy Ways to Buy Gold With Bitcoin

Gold is precious metal on the earth as so Bitcoin is a first internet backed cryptocurrency called as “digital gold”.

Both Gold and Bitcoin have similar characteristics such as both are finite and mined (one is real, other simulated) also seen as a store of value.

And it is easy to purchase Gold and Bitcoin with fiat money, but turning Bitcoin to Gold (and vice-versa) can be difficult, time-consuming and expensive.

That is why in this post, I’ll share some platforms accepting Bitcoin payments in exchange to Gold (and vice-versa).

Vaultoro.

Vaultoro.com website.

Vaultoro is a United Kingdom-based cryptocurrency exchange that offering: exchanging Bitcoin for Gold.

This exchange was founded in 2016 by Joshua and Philip Scigala.

Vaultoro allows you to buy Gold by paying in Bitcoin also you can store Gold in their vault facility for a lifetime.

To buy Gold from Vaultoro, first, you have to signup and fully verify your account by uploading ID, Address verification documents. These details are needed when withdrawing Gold in physical format.

Then you have to transfer Bitcoin to Vaultoro wallet because Vaultoro does not offer any fiat currency options to buy Bitcoin. However, you can deposit altcoin by converting to Bitcoin with the help of ShapeShift.

After adding Bitcoin, now you can buy Gold almost any volume (minimum 0.001 Gram). But to get gold delivered in physical form, you must have to buy a minimum 100 grams of Gold.

You don’t have to worry about the pureness of gold because in Vaultoro 99.9% Gold coming directly from the smelting companies.

Also, Vaultoro keeps Gold deposits in a highly secured vaulting facility operated by Brinks in Zurich Switzerland. Even if Vaultoro goes under, the gold deposits are protected, and traders can get access to all their gold holdings.

In Vaultoro Bitcoins safely stored in cold storage based on multisignature wallets which placed around the world, and all users data is 100% secured by encryption protocols.

Before buy or sell Gold from Vaultoro, you have to know these things.

#1 Vaultoro services censored in the State of New York, State of Washington, Cuba, North Korea, Syria, Iran, and Crimea.

#2 To use Vaultoro services, you must have to verify your account by giving the required documents.

#3 You have to enable 2-factor authentication (2FA) to initiate deposit and withdrawal transactions.

#4 To store Gold in their vault, you have pay 0.034% as insurance fees in total gold volume, paid once every year, except for traders who have converted all their gold to Bitcoin. Bitcoin storage is free.

#5 Ensure of having enough of Bitcoin or Gold to pay withdrawal fee if you order Gold in physical format.

#6 Vaultoro delivers Gold only to a verified address.

#7 If Vaultoro fails to deliver Gold to your address, then all gold will return to your holdings in the Vault and withdrawal fees will not be refunded.

#8 With Vaultoro you can sell Gold which is stored in your Vault to get Bitcoins in exchange.

Vaultoro Fees Structure:
The volume calculated daily based on the most recent thirty-day period.

  • If you have traded less than 500 grams of gold, your trading fee is 0.50%.
  • If you have traded between 500.001 – 1,500 grams of gold, your trading fee is 0.40%.
  • If you have traded between 1,001- 5,000 grams of gold, your trading fee is 0.30%.
  • Finally, if you have traded more than 5,000 grams of gold, your trading fee is 0.20%.

Signup for Vaultoro for free.

BitGild.

BitGlid.com website.

If you’re crypto enthusiastic who have the hobby of collecting old or rare Gold and Silver coins then, this platform is for you.

BitGild rare coins.

BitGlid is a registered company located in Sonny Rollinsstraat 121, in Utrecht, Netherlands, with a VAT number, registration with the Dutch Chamber of Commerce.

Currently, they offer Gold, Silver (both available in Coin, Bars, and Ingots), Platinum, and Palladium (only Bars and Ingots available).

To buy Gold, Silver, and other metals you need signup to BitGlid by giving your name e-mail address.

After signup update account with a valid address, remember BitGlid won’t ask you to upload an ID and address verification documents, that’s it now you can buy Gold by going to BitGlid homepage.

At the time of payment, make sure that you have enough Bitcoins in your wallet.

It is Better to Know These Things Before Buying Gold or Other Metals From BitGlid.

#1 BitGlid offers newly mined coins.

#2 Accurate Gold and Bitcoin prices (updates every 3 minutes).

#3 They usually ship orders within 1 day inside in EU and shipment price will vary depending upon your country.

#4 Payment options include a bank transfer, paying in Bitcoin, Bitcoin Cash, Ethereum, Dash, Monero, Litecoin, Ripple, Zcash, NEO, and more…

#5 Local pick up possible (Netherlands).

#6 Insured shipment by UPS (United Parcel Service).

#7 At last, make sure to review your order, ensuring that all details filled correctly.

Start Buying Gold and Silver in BitGlid now.

GoldSilver.com

GoldSilver.com website.

GoldSilver.com is a decade old trusted website to buy Gold and Silver bullions, the company headquarter located in Santa Monica, California.

This platform started in 2005 by Mike Maloney he is the author of the #1 best-selling precious metals investment book of all time – “Guide to Investing in Gold and Silver.”

You just have to create an account in GoldSilver.com to buy verity of bullion coins, bars, and jewellery.

After signup, you’re able to buy Gold and Silver using Credit or Debit cards, Bank transfer, PayPal, Personel Check, and Bitcoins.

They also have a Vault facility to store your Gold, these Vaults operated by leading American private security and protection company Brinks.

Before Buying Gold or Silver from GoldSilver, you have to know these things.

#1 Once your order placed, you will be given only 15 minutes to make payments lest it will cancel automatically.

#2 After making payments delivery can take up to 1 to 2 business days, don’t worry if it goes beyond 24 hours.

#3 Free US shipping on orders of $499 or more.

#4 If you store Gold in their Vault then, you’ill receive Custody certificates designate you as sole owner and serve as warehouse receipts.

#5 Their Vault storage fee is very low compared to others in the industry.

#6 Now, they started to accept Bitcoin Cash (BCH) payments.

Create Account in GoldSilver.com to buy Gold or Silver.

Sharps Pixley.

Sharps Pixley.com website

Sharps Pixley is the oldest name in the Gold business, this company originally founded in 1778 through the merger of two London bullion businesses Sharps Wilkins, and Pixley & Abell.

The company name expired in 1995 but was revived in 2010 by Deutsche Bank.

Today Sharps Pixley is wholly-owned by one of the wealthiest families in Germany and sits within the DEGUSSA group of businesses, said to be one of the largest sellers of retail physical gold in Europe.

Now, Sharps Pixley is a leading London-based provider of physical precious metals who put gold on the High Street for UK investors also they offer an online webshop where customers can purchase Gold bullions.

They started to accepting Bitcoin in 2017 through a partnership with payments processor BitPay.

Although Sharps Pixley is not that robust platform as others listed above, however, it is an old and reputed platform to buy Gold.

To buy Gold in Sharps Pixley, you have to create an account by giving the name and e-mail information.

After that you need to update profile by giving your current address to receive Gold, that’s it now you’re ready to buy.

Before buy or sell Gold using Bitcoins in Sharps Pixley you have to know these things.

#1 Sharps Pixley only operates in the UK.

#2 Bitcoin services only offer via voice broking for larger transactions above £25,000 in value with total transaction fees from 1.75%.

#3 Their metal suppliers are listed below.

Sharps Pixley metal suppliers.

#4 They offer certified grade 10 storage vaults with insuring each box up to £500,000. Each box comes with £10,000 complimentary liability cover as standard.

#5 You can buy or sell Gold, Silver, Platinum, and Palladium metals using Bitcoin.

#6 They need your photo ID; driving license or a passport and also a proof of address only at the time of selling.

Register to Sharps Pixley now.

Conclusion.

These 4 platforms are legit and trustworthy to buy or sell or store Gold and many other precious metals using Bitcoin.

If you’re the big believer in Bitcoin or cryptos but afraid of their volatile nature then, with these platforms, you can easily able to convert your crypto holdings to Gold or other precious metals to hold long term without any tension.

Also, you can convert metal holdings to Bitcoin easily by using the above platforms.

Now tell me which platform you’re going to use or used before.

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Do Share This Useful Info With Your Family and Friends.