Clients of SuisseGold.ch can now purchase gold, silver, platinum and palladium bars and coins using Bitcoin Cash (BCH). Clients are able to purchase precious metals using a number of cryptocurrencies, including Bitcoin, and the altcoins Ethereum, Ripple, Bitcoin Cash and Litecoin. Clients can also view all prices on SuisseGold.ch in Bitcoin Cash in live time.
How to Buy Gold and Silver Using Bitcoin Cash (“BCH”)
Its simple and fast to place an order on SuisseGold.ch and pay in Bitcoin Cash. To do so, simply start by logging into your account. If you do not have an account yet, you may select to open an account instead. The process to open an account is quick, and takes only a few moments.
Once you have logged into your account, please select ‘BCH’ or Bitcoin Cash from the dropdown menu of currencies available on the top, right-hand corner of the website. Once you have selected Bitcoin Cash, all the product prices will automatically be listed in BCH in live time.
Next select the items you wish to purchase, and place them in your shopping cart. During the checkout process you may select if you would like your items securely stored in Swiss vault storage, or if you would like them delivered. Any platinum, palladium and silver items that are stored in vault storage instead of delivered will not be charged VAT.
During checkout you will also be asked to select your payment method. Please select ‘Pay using Altcoins’. Once your order has been confirmed, you may click on the Bitcoin Cash logo or the Altcoins section, and you will find the payment details necessary to make your payment. Once your payment has been received, you will be notified and your order will be processed.
Why Buy Gold and Silver with Bitcoin Cash?
There are a number of benefits to paying for orders of precious metals using Bitcoin Cash or crypto currencies in general.
Bitcoin Cash is in essence a global currency, meaning that there are no foreign exchange fees associated with using it as a payment currency. Furthermore, Bitcoin Cash does not have any transactional fees. Payments using methods such as Paypal or credit cards frequently come with very high transaction costs of several percent. This can add a significant amount onto a precious metals purchase, particularly on larger or wholesale orders.
Payment via Bitcoin Cash is also very quick. One reason Bitcoin Cash was introduced was to address the fact that payment via traditional Bitcoin can take several hours to complete. Bitcoin Cash payments are processed in a matter of minutes.
Paying via Bitcoin Cash instead of bank transfer or credit or debit card can also offer some clients an added degree of anonymity in their purchase. Many individuals buying gold and silver bullion prefer to keep their purchases discreet, and using a crypto currency to make a payment can aid this.
Clients of SuisseGold.ch should keep in mind that Bitcoin Cash is a new cryptocurrency, and therefore it can be volatile, especially during times of uncertainty.
SuisseGold.ch was the first precious metals broker to accept payment on orders via Bitcoin. Since that time, the company now accepts payment in 4 major altcoins – Bitcoin Cash, Litecoin, Ethereum and Ripple. Clients may buy precious metals, including low premium gold and silver bullion, wholesale bullion, and gold and silver bars and coins for vault storage in Switzerland using the cryptocurrency. All products on SuisseGold.ch are available to clients placing orders in Bitcoin Cash.