New Zealand gold and silver bullion dealer GoldSurvivalGuide.co.nz, now allows clients to buy gold and silver with bitcoin.
The company has responded to increasing customer demand for a bitcoin payment option. Particularly with the lack of market depth at New Zealand bitcoin exchanges making it difficult for New Zealanders to convert larger amounts of bitcoin back into New Zealand dollars.
The precious metals dealer says the bitcoin payment option can also be especially convenient for customers outside of New Zealand. Customers in USA and Europe will no longer have to convert their local currency into New Zealand dollars before buying gold and silver to store in New Zealand. They can instead pay for gold and silver directly with bitcoin. Another advantage of bitcoin payments are they arrive faster than international wire transfers.
“Bitcoin payments are becoming more common overseas and so we wanted to ensure our clients can simply convert any cryptocurrency gains into gold and silver here in New Zealand too”, Gold Survival Guide Co-Founder Glenn Thomas said. “With Bitcoin being so volatile and having fallen sharply from its December highs, many bitcoin holders are also now seeing the benefits of diversifying into gold and silver for some stability.”
Bitcoin payment can make it faster and easier for non New Zealand residents to buy and store gold and silver in New Zealand. The country is an increasingly popular destination for offshore gold and silver storage, due to its remote geographic location from the rest of the world, along with political stability and neutrality. New Zealand is also ranked number one in the World Bank ease of doing business rankings and number one on the Transparency International low corruption index.
About GoldSurvivalGuide.co.nz – GoldSurvivalGuide.co.nz is a precious metals dealer based in Auckland, New Zealand. Founded in 2009, GoldSurvivalGuide.co.nz provides education about, and sells gold and silver bullion. Also assisting with gold and silver storage options for clients from New Zealand and also globally.