KMG Gold Recycling® Now Accepts Bitcoin

KMG Gold Recycling® Now Accepts Bitcoin

As the digital currency called Bitcoin becomes increasingly popular and even more accessible, KMG Gold Recycling® has begun accepting Bitcoin as a form of payment at their 620 Academy Road location in Winnipeg.

Bitcoin is a peer-to-peer system of currency which uses cryptography to control the creation and transfer of funds between people.

KMG Gold is one of the first businesses in Winnipeg to accept Bitcoin and they are excited to be able to grow and evolve to continue to meet the needs of their customers. Customers are invited to use Bitcoin to pay for anything that KMG Gold sells at their Winnipeg location, including all gold, silver, platinum and palladium bullion, gold testing supplies, coins, numismatics and handcrafted jewellery. In the near future, KMG Gold will also be a trusted seller of Bitcoin, offering their customers a safe and easy way to purchase Bitcoin.

KMG Gold is also a proud sponsor of CoinFest Winnipeg 2014 which takes place from 1pm-5pm on February 15 at the Santa Lucia Pizza lounge at 4 St. Mary’s Rd. CoinFest is an event that is designed to promote Bitcoin to individuals and local merchants, offering a wealth of useful information for those looking to learn more about the digital currency. There will be guest speakers, a Q&A session and door prizes at this event which will mark the launch of the Winnipeg Bitcoin community.

KMG Gold Recycling®

KMG Gold Recycling® buys, recycles, and refines all precious metals including gold, silver, platinum and palladium.

Michael Gupton started KMG Gold as an internet gold buyer in 2007 at http://www.kmggold.com/ and opened his first location in Winnipeg in 2009.

KMG Gold has expanded into the USA with an American head office located in Grand Forks, ND.

For more information on KMG Gold and their commitment to help educate the consumer, please visit online or call toll free at 1-877-468-2220 or at 204-452-4653.

KMG GOLD – THE ORIGINAL GOLD BUYER


Related News

Stability and Taxes: Could Bitcoin Be a Replacement for Gold?

Given that the design of bitcoin's peer-to-peer system was partly inspired by gold, it's not a surprise that many bitcoin enthusiasts are also fans of the precious metal. Both gold and bitcoin are scarce commodities used as stores of value by those who might be distrustful of fiat currencies. The bitcoin community has long been interested in courting gold users - Ripple, for example, recently introduced gold trading to its platform. Even so, gold enthusiasts have not always been bitcoin champions. Some even go so far as to vocally oppose bitcoin as an investment vehicle. Schiff's stance.....

JMBullion – Use Your Bitcoins to Buy Gold

JM Bullion is a US online retailer of gold and silver products that accepts Bitcoin. JM Bullion is located in Dallas, Texas, and deals exclusively in physical bullion, selling precious metals that will be sent directly to you. JM Bullion is a US online retailer of gold and silver products that accepts Bitcoin. JM Bullion is located in Dallas, Texas, and deals exclusively in physical bullion, selling precious metals that will be sent directly to you. Besides selling the precious metals, JM Bullion also makes sure that buyers receive their gold or silver at their door. The company is a fully....

Bitcoin and Gold Standard Aren’t the Same

Bitcoin is not a gold standard as it is independent, without the intervention of any central bank or government agency. There has been a lot of comparison between bitcoin and gold in the recent times. Bitcoin has been compared to gold in many aspects. In fact, bitcoin is also called digital gold for a reason due to various similarities it shares with the yellow material. However, referring to bitcoin as a gold standard may not be relevant. The gold standard is a reference to the monetary system that was based on the value of gold. While most countries stopped following the gold standard....

Bitcoin Makes History, Reaches Gold Parity

For the first time in the history of humankind, a currency has reached and surpassed the value of the oldest money on earth, gold. At around 5 PM London time on the fourth of January 2017 one bitcoin stood at $1,197 (8,320 CNY) at Huobi and 8,320 CNY at OKCoin, two of the main and most liquid bitcoin exchanges, while gold stood at $1,166. Two of the Most Liquid Bitcoin Exchanges Surpassed Gold Parity and ATH at 5 PM GMT on the 4th of January 2017. Reaching gold parity is an historical milestone for the eight-year-old digital currency which has grabbed the world’s imagination since its....

Bitcoin Better at Being Gold Than Gold, Winklevoss Twins Say

The Winklevoss Twins have described Bitcoin as better than gold because it experiences ‘a lot less volatility’ and is a better store of value at the moment. They cited a Wall Street Journal story in May which described how the virtual currency has been more stable than gold over the last 28 days. Tyler Winklevoss said: “So I think investors who have gold in their portfolio and other precious metals have started to look to Bitcoin as a better store of value. It’s got better characteristics than gold itself. So it’s actually better at being gold than gold. We are seeing investors recognise....