Crypto Frequently Asked Questions

What is Bitcoin?

Bitcoin is both a cryptocurrency and an electronic payment system that was launched in 2009 as open-source software. Bitcoin is a digital currency controlled by cryptography and based on mathematics and computer science. It is a peer-to-peer (P2P) system where all Bitcoin transactions take place directly between two users without intermediaries. This makes Bitcoin the first decentralized digital currency. The network nodes validate Bitcoin transactions, which are recorded on a blockchain, a public distributed ledger where all business transactions and amounts are stored.

Do you accept Bitcoin as payment?

Yes, we do. Easygold24 is proud to accept Bitcoin and many other cryptocurrencies as a form of payment. Apart from Bitcoin, we also accept cryptocurrencies such as Ethereum, Binance Coin, Cardano, Polygon, Tron, Polkadot, Bitcoin SV, Dogecoin, Solana, Shiba Inu, Bitcoin Cash, Litecoin, Aave, Chainlink, Stellar, Nano, OMG Network, Qtum, Tether (ERC20, TRC20), USD Coin, TrueUSD for gold, silver, platinum and palladium products.

How can I use Bitcoin and cryptocurrencies for my payments?

At easygold24 you can buy gold, silver, platinum and palladium with the safest currency on the internet, cryptocurrency. However, before making a purchase with cryptocurrency, you should consider the following points:

1. Set up your cryptocurrency wallet: A cryptocurrency wallet is any web or mobile application where you can manage your cryptocurrencies. The wallet is basically the equivalent of a bank account that allows you to receive, store, spend, or send your cryptocurrency. The official list of cryptocurrency wallets can be found at bitcoin.org.
2. After setting up your chosen wallet, you will receive your cryptocurrency address along with a security key that you can use to send or accept cryptocurrency payments. After this process, you can use your wallet. There are several ways to acquire cryptocurrencies, the most common are:

• Credit/Debit Card: Buy cryptocurrencies with your credit/debit card and let them appear in your wallet instantly.
• Receipt of payment: You can receive cryptocurrencies as payment from other wallet owners.
• Exchange platforms: You can buy or swap any amount of cryptocurrencies from existing exchange platforms.
• Cash: You can use cryptocurrency ATMs to deposit your cash into your wallet instantly.

How can I pay with Bitcoin at easygold24?

Shopping with Bitcoin is easy and convenient. Start by adding your desired products to the shopping cart. If you then have an existing easygold24 account, you will be asked to log in to complete the payment process. If you don’t have an account, you can use the “Guest Checkout” option and create an account at the end of the checkout process if you want. For new registrations, you must provide a valid e-mail address. Once this is complete, click on the “Proceed to Next Steps” button. After entering the required information, select “Coinify” as your payment method. Now proceed to the payment process. Then, after you have filled in all the details of your order, the system will redirect you to the Coinify payment page. There you select the desired currency and receive a QR code from Coinify, which can be used to pay with your wallet. In case you don’t want to use the QR code, paste the address provided by Coinify into your wallet’s payment process. Once the payment is successful, Coinify will send you a confirmation, similar to other payment methods, only faster.

Can I pay with other cryptocurrencies?

Yes, you can. As easygold24, we are one of the companies that offers you the most opportunities. In addition to Bitcoin, we accept payments with cryptocurrencies such as Ethereum, Binance Coin, Cardano, Polygon, Tron, Polkadot, Bitcoin SV, Dogecoin, Solana, Shiba Inu, Bitcoin Cash, Litecoin, Aave, Chainlink, Stellar, Nano, OMG Network, Qtum, Tether (ERC20, TRC20), USD Coin, TrueUSD.

Advantages of the Bitcoin payment method

• Comfortable: With a Bitcoin wallet, you can send payments and make purchases anywhere in the world, as all transactions take place online.
• Speed: Since there are no intermediaries, a Bitcoin transaction is the fastest payment method compared to other payment methods.
• Divisible currency: When calculating equivalents in Bitcoin, you can go up to 8 decimal places (one hundred millionth of a Bitcoin), which makes it possible to trade with very small amounts.
• Independence: The Bitcoin system provides complete control over the money as there are no restrictions, limits, and holidays.
• Safety: Bitcoin protects against identity fraud because the transactions are never linked to the personal identity of the users and traceability is not possible. In addition, there are other methods to ensure increased protection (cryptography and data backup).
• Insurance: The cryptographic infrastructure on which the Bitcoin protocol is based is many times more secure than the technology used by banks and credit cards.

Buy gold with Bitcoin and many other cryptocurrencies on easygold24

Once your cryptocurrency appears in your wallet, you can easily buy gold with Bitcoin and other cryptocurrencies. Add the desired gold bar products to your shopping cart, proceed to checkout and click on “Coinify” as your payment method. See picture. After you have filled in all the details of your order, you will be redirected to Coinify’s payment page where you can complete the payment:

• Scan QR code: The invoice is encrypted in a QR code that you need to scan with your Bitcoin wallet app. As soon as the invoice is displayed in your app, simply confirm and the amount you have confirmed will be sent to easygold24. You can choose between the following two methods.

Send payment (copy): Access your wallet. Enter the displayed Bitcoin address and the exact amount of Bitcoins (BTC) and send the payment to easygold24.