Money Metals Exchange Accepts Cryptocurrency To Buy Precious Metals

Money Metals Exchange Company Info

Leading metals dealer Money Metals Exchange recently announced that it will provide a new service to customers who want to deal exclusively with cryptocurrencies. In a December 2017 press release, the company confirmed that it would begin allowing its customers the ability to issue or accept payment for precious metal trades in a number of cryptocurrencies.

Of the currencies, Money Metal Exchange is willing to accept include Bitcoin, Bitcoin Cash, Ethereum, and many others.

What’s most surprising is that Money Metals has actually been accepting cryptocurrency payments in exchange for precious metals such a gold and silver almost three years ago. It was the first in the exchange business to do this, making Money Metals Exchange a progressive leader in the industry. By expanding its services to other cryptocurrency payment forms, it proves once again that it’s as forward thinking as ever.

Stefan Gleason, president of Money Metals Exchange recognizes the fact that cryptocurrencies are here to stay, and to remain progressive, Money Metals Exchange should continue to capitalize on the usefulness of this type of currency.

Because cryptocurrency offers holders a way to send payment to anyone in the world with little cost and no legislation or restrictions, it really is on the leading front of decentralization of the financial institution. Removing the need for bankers means that currency becomes global and less sanctioned. This suggests that along with its other cryptocurrencies, Bitcoin is leading the way toward a revolution of this industry.

Product

By allowing its clients the ability to facilitate cryptocurrency transactions via phone to remit or accept payments means that Money Metals Exchange clients are going to have more freedom in choosing what kind of currency they want to use.

Even better, Money Metals provides its clients with the fantastic ability to receive payments in cryptocurrencies. This means that clients of the firm can buy and sell precious metals all in cryptocurrency. This development makes Money Metals the first in the industry to so fully and completely embrace this technology.

Some Money Metal Exchange clients have already seen the benefits of this new transaction platform. Gleason has said that keeping investments strictly in USD funding is no longer a real, viable option for many investors. Not only is it not attractive, but most investors feel like there’s far less risk associated with keeping investments in the form of precious metals.

Opportunity

It’s not enough that Money Metals Exchange gives its clients the chance to be on the forefront of cryptocurrency tech. Recognizing the fact that that there are plenty of potential investors who are interested in cryptocurrency as an investment option but who don’t want to dive in all the way, Money Metals has now developed a middle ground for these individuals.

By creating a new platform on which potential investors can freely exchange cryptocurrencies for precious metals indiscriminately gives those new to cryptocurrency the chance to get their feet wet. In storing the cryptocurrency with the Money Metals Exchange Depository, means that these investors have real time access to their dividends and can switch back and forth between cryptocurrency, precious metals, and traditional currency.

Money Metals Exchange Verdict

The Money Metals Exchange Depository gives its clients the chance to delve into the world of cryptocurrency, all while keeping one foot firmly rooted on the ground. It’s tough making the switch between precious metals and tangible currency to cryptocurrency.

Money Metals Exchange has created a platform that undoubtedly helps to assuage this gap. With more and more individuals interested in cashing in on the cryptocurrency investment arena, it’s no wonder that Money Metals Exchange has found a way to capitalize on this blossoming industry. It was named Best in the US by an independent rating group and serves just under one hundred thousand customers.

Each year, it sells gold, silver, and other precious metals to the tune of upwards of 100 million. All of these superlatives add up to the fact that investing between precious metals and cryptocurrency is a good idea, and potential new investors will be in really good hands with Money Market Exchange.