Bitstamp Opens Gold Buying Service to European Customers
Bitcoin exchange Bitstamp has partnered with precious metal traders Moro & Kunst to provide its customers with the option to purchase gold using US dollars. The service is being advertised as a withdrawal option for exchange users, as Bitstamp users can purchase gold directly from the firm's website (see image below), choosing from bars ranging between 1–1000 grammes. After ordering, gold shipments are labelled with a certified tracking number and expedited delivery in two to five days, according to the company. On Bitstamp's website, gold prices are quoted in US dollars and updated every....
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The EU-based Bitcoin exchange Bitstamp now allows customers to withdrawal funds in Gold. They recently released this information in a webpage news update. if someone has a Bitstamp account, instead of exchanging Bitcoin for Fiat currency and vice versa, they can request to purchase gold with their available funds. However, the company has not integrated....
Bitstamp co-founder Damijan Merlak said that Bitstamp plans to resume its operations in the next 24 hours. Bitstamp service was temporarily suspended service as a result of a Bitcoin wallet breach. Bitstamp CEO Nejc Kodrič confirmed in a statement that "less than 19,000 BTC" was stolen due to a Bitstamp operational wallet being compromised. Also read: Bitcoin Exchange Bitstamp Confirms Loss of ~18,866 BTC (~$5 million USD) from Hot Wallet. At this moment the Bitstamp website states: "We have temporarily suspended Bitstamp services. Bitstamp customers can rest assured that their bitcoins....
Are you a savvy investor? Maybe you became involved with Bitcoin strictly as an investment, and don't care for it as a currency. Now you have some Bitcoin, and you have heard every financial guru and analyst scream "Buy Gold!" over the last few years. Even your central bank is loading up on Gold as we speak, and they are at the top of the capital market's food chain, so why not get in on an uncommonly undervalued Gold buyer's market? You would like to, but are having a tough time finding a way to get your hands on physical gold, not EFTs. An EFT always has the potential to become a....
Yesterday Bitstamp co-founder Damijan Merlak said that the Bitstamp is testing a duplicate of their entire infrastructure in San Francisco and plans to resume its operations in the next 24 hours. Recent tweets from Bitstamp CEO Nejc Kodrič reassure customers and promise an operational redeployment in one to two days. Bitstamp service was temporarily suspended service as a result of a Bitcoin wallet breach. Kodrič confirmed in a statement that "less than 19,000 BTC" was stolen due to a Bitstamp operational wallet being compromised. Also read: Bitcoin Exchange Bitstamp Confirms Loss of....
Bitstamp, one of the biggest bitcoin exchanges, adds gold withdrawal option for their customers in the EU. Gold price is quoted only in US dollars and one must also have an available balance in USD. Moro & Kunst, a Slovenian precious metals dealer, provides delivery of physical gold produced by well known brands Argor Heraeus in Switzerland and Münze Österreich in Austria. Fully insured shipment should be delivered to a customer’s address within two to five business days after ordering. Although a gold withdrawal option is not such a ground-breaking innovative step in the bitcoin industry,....