Buy Gold with Bitcoin
Sharps Pixley now accept Bitcoin as a payment method for gold bullion and other precious metals via leading payment processor BitPay.
As one of the most trusted providers of precious metal in the UK, Sharps Pixley now accept Bitcoin to provide greater choice to customers, both when making a purchase online or voice broking for larger transactions. Sharps Pixley’s online webshop integration allows customers to pay using a Bitcoin wallet and complete their order in seconds..
Buying gold bullion online with Bitcoin is easy via the Sharps Pixley online shop, just follow the transaction process to the payment method selection page and click on Bitcoin. There is a 0.5% surcharge for paying online with Bitcoin and this fee will be applied at this stage. By clicking place order, the next page will be an option to pay by BTC or BCH. You can either scan a QR code or copy the address and send the correct amount of BTC or BCH to that address from any BIP-70 compatible Bitcoin wallet such as Electrum, Mycelium, Copay or Bitpay. To see a full list please click here.
Customers can also voice broke for larger transactions by calling Sharps Pixley on +44 (0)207 871 0532.
For transactions above £5,000, our usual Anti-Money Laundering and Know Your Client procedures apply; we require a valid photo ID and proof of address, dated within the last 3 months.
The main disadvantage to Bitcoin is it's high volatility and we are providing customers with the ability to profit take from one highly speculative investment and reduce their overall portfolio volatility by investing in physical gold using Bitcoin. Whilst Bitcoin undoubtedly presents huge potential for profits, it also comes with the risk of catastrophic loss.
Bitcoin is a relatively new currency, a medium of exchange used by millions of people worldwide however physical gold, silver and other metals have been considered reliable store of value and a tool for wealth preservation for thousands of years. Bitcoin may be the world's newest currency, but Gold is undoubtedly it's oldest and most reliable.
How to pay with Bitcoin?
For more information on how to pay with Bitcoin, please visit the FAQs link here
What is Bitcoin?
Bitcoin is a new digital currency that was created in 2009 and is held electronically. Bitcoin works on a public ledger called blockchain, which holds a decentralised record of all transactions that is updated and held by all users of the network
A brief history of Bitcoin?
Bitcoin has been around since 2009, about one year after a paper was posted on the internet titled: Bitcoin: A Peer-to-Peer Electronic Cash System (PDF). The paper was published by someone called Satoshi Nakamoto, but the true identity of this inventor is still unknown.
How does Bitcoin work?
New Bitcoins are generated though a process called mining but you can also purchase bitcoins on a Bitcoin exchange. The whole Bitcoin network is used to monitor and verify both the creation of new Bitcoins through mining, and the transfer of Bitcoins between users. A log is collectively maintained of all transactions with every new transaction broad ask across the Bitcoin network.