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Title: Best way to transfer physical gold to Bitcoin Post by: BarmyBudgie on November 07, 2013, 09:48:19 PM I am looking to invest in Bitcoins by selling off some Krugerrands I own.
What would be the best way to do this? I work in the Bullion industry in the UK so I can sell them and then purchase Bitcoins with the proceeds? is there anywhere I can exchange physical cash for bitcoins? or is it possible to sell them directly for Bitcoins? if so who/how/where? and as I am a Noob to Bitcoins any advice to ensure I don't get ripped off? thanks all BB Title: Re: Best way to transfer physical gold to Bitcoin Post by: odolvlobo on November 07, 2013, 10:11:09 PM There are a few people in these forums that buy and sell gold for bitcoins. Look here: https://bitcointalk.org/index.php?board=51.0
But if you work in the bullion industry, you are probably going to be able to get a better price for the gold through your own connections. Buying bitcoins is probably not difficult in the U.K., though I don't know the best way. My guess is that you should go through Bitstamp or LocalBitcoins. Title: Re: Best way to transfer physical gold to Bitcoin Post by: conspirosphere.tk on November 07, 2013, 10:12:40 PM you can trade cash for bitcoins in person by localbitcoins.com (check out the rep of the sellers)
or you can buy bitcoins with a SEPA transfer to bitstamp or other exchanges. Or you might try to sell your krugers for btc on bitmit. probably the most safe route would be buying on bitstamp. |