Another Precious Metals Dealer to Begin Accepting Bitcoin, Dogecoin
Yet another precious metals dealer has announced their intentions to begin accepting bitcoin, the digital currency that is seemingly taking the financial world by storm over the past year. Provident Metals said in a Wednesday announcement that they will begin accepting not only bitcoin, but other cryptocurrencies like dogecoin and litecoin starting on the 25th of August. "The value of cryptocurrencies and precious metals are market driven, and they both appeal to forward-thinking investors," said Mr. Joe Merrick - Provident Metals CEO. "This integration was logical because many of our....
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After five-long months, precious metals dealer Amagi Metals announced to integrate Dogecoin payments once again to its platform. On July 23 this year, the ecommerce company had discontinued accepting Dogecoin in the wake of coin's 'then-dropping' reputation. In its press release, Amagi Metals directly accused Dogecoin to be involved in "untrustworthy actions" like supporting bad actors on the network, and neglecting double spending issues. The decision of accepting Dogecoin now clearly indicates that Amagi Metals was a victim of propaganda and scare tactics. While the company didn't stress....
Dallas-based precious metals dealer JM Bullion is now accepting bitcoin. With the announcement, JM Bullion joins a growing list of US-based precious metals dealers that accept bitcoin for payments, including Agora Commodities and Amagi Metals. JM Bullion will accept bitcoin through a partnership with merchant processing startup BitPay. Customers will receive 4% discounts on bitcoin purchases, an offer also extended to those who pay with bank transfers and paper checks. Director of e-commerce Thomas Fougerousse said that he believes the decision enables the company to offer a better payment....
JM Bullion decided to venture into the Bitcoin payments world in an effort to reduce payment fraud and credit card chargebacks. By reducing these payment problems, as well as having the option to lower transaction fees by quite a margin, the precious metals dealer is positioning itself to attract an even larger customer base. Bitcoin and precious metals are often referred to in the same breath, as both types of investment vehicle seem to share similar traits. Neither Bitcoin nor gold has any intrinsic value, yet they appear to be well-liked by investors all over the world. For those....
Eventually, gold will only be purchasable using Bitcoin on Amagi Metals. In a surprise announcement made earlier today, Amagi Metals has revealed their plans to trade "exclusively in cryptocurrencies like Bitcoin." Amagi Metals is an American based precious metal dealer that specializes in providing precious metals, which they view as superior money, to an international market through the technological advancement now known as eCommerce. Since 2012, the company has taken a strong, supportive stance of Bitcoin and has promoted its use well beyond just accepting it on their website. In a....
JM Bullion, one of the largest dealers of precious metals worldwide, has taken the industry-first decision to begin accepting Bitcoin for bullion purchases, after finishing a short test period. JM Bullion partners with BitPay. In a statement released on BitPay’s blog, the payment processor announced that JM Bullion will start accepting purchases of gold, silver, platinum, and copper bullion via Bitcoin: BitPay says that Bitcoin purchases will have many advantages over traditional forms of payment, namely tackling the fees involved with credit cards, and the slugginess with which bank....