Core Bullion Traders now accepting crypto for gold

It’s still rare enough that you hear about crypto on the radio, but while listening to Radio Nova this morning I heard an ad from established gold traders Core Bullion Traders.

Based in Frances Street, Dublin 8, they have been around for quite some time, but what caught my attention was that they were making a push now into the crypto space. They offer a wide variety of physical gold, ranging from 1 gram pieces, all the way up to kilogram bars of gold, which when paid for are available for collection.

They have partnered with a payment gateway which allows you to pay using Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin SV (BSV), Stellar Lumens (XLM), Nano (NANO), Quantum (QTUM), Tether (USDT20) and USD Coin (USDC). The checkout process seems straightforward, select your items that you want, go through the checkout and pick pay with crypto. Once you have made your payment and it is confirmed, they’ll ring or email you to finalise the details and a couple of days later you can pick up your gold.

While they’re not the first company to offer this, they are the first Irish company to do so, and given that postage fees could add quite a bit to smaller trades when buying from international dealers, this might be a good option for those of you who want to convert some of your crypto into gold.