APMEX has been providing people with solutions for acquiring gold and other precious metals for investment purposes. Today the gold dealer is offering a new way for people to invest in such metals. People can now use the bitcoin when paying for their gold investments.
APMEX is one of the top sellers of precious metals in the world. By working with the bitcoin, the service is expected to help with growing upon the popularity of the bitcoin and how it can be used for many special online services.
Working With BitPay
The plans being used by APMEX entails working with BitPay. This is a popular merchant service provider that works with the bitcoin and other digital currencies. The system works with most online bitcoin wallet programs that people use.
Special Discount
APMEX is offering a 4 percent discount on trades that entail the bitcoin. This is identical to what is used for cash payments. This ensures that the use of the bitcoin will be consistent and well-promoted.
Privacy For Clients
One of the main reasons why APMEX is offering bitcoin payments comes from how the blockchain offers fully anonymous transactions. Customers who invest in precious metals often look to be anonymous so they can keep their information from being tracked as they invest in physical items. With the bitcoin, it becomes easier for people to keep them protected and safe.
APMEX is also heralding how the bitcoin currency works without having to be converted into anything else. This allows more people from many parts of the world to use the currency when acquiring additional investments.
Differing Values
The bitcoin has experienced significant changes in its value in recent time. The bitcoin experienced a massive increase from $15,000 to $18,000 in just one day but it eventually fell back to the $15,000 mark it was at not long after that.
Meanwhile, gold has not changed in value by far too much in recent time. Gold values were at around $1,200 per ounce in recent time. The value has been consistent throughout much of the past year although it is still less than the $1,700 that it was worth nearly five years ago.
The differences in values suggest that the bitcoin is clearly a more popular investment for how it might have a better shot at increasing in its value. But even with this in mind, the bitcoin is still expected to be only one of many commodities for people to invest in. It is expected that people who would use the bitcoin to acquire physical gold would be doing so as a means of diversifying their investment portfolios.
People still do have the option to invest in other metals other than gold through APMEX. The bitcoin could be used for acquiring silver, platinum and palladium. Various ancient and vintage coins that were printed many years ago can also be ordered through the site although their values may change based on scarcity to go alongside the value of the base metal being used in the construction of the investment of interest.
Interesting to know its been accepted
This is really new to know
Welcoming news
Nice info. Thanks for sharing