From time to time, we get folks who ask us if we accept bitcoin for gold. Yes, we do! In fact, Bullion Exchanges was one of the first adopters of the cryptocurrency, and we've been accepting it since 2014. Due to the fluctuations in the price of bitcoin, a lot of people decided to seek refuge in precious metals by buying bullion with their bitcoin.
Although it's highly likely that Bitcoin can climb back to the level it was at in December 2017, it's been steadily holding around the $6000 mark. Gold and Silver have traditionally held their value and have continued to appreciate over time. Bullion Exchanges will continue to accept Bitcoin for gold no matter whether it goes lower or climbs higher.
Is it time to diversify your investments? To learn more about this topic, visit our Learning Center article.