The Swiss financial company Bitcoin Suisse presented trading in precious metals on Tuesday. As a special feature, gold, silver and platinum can be traded against the two largest cryptocurrencies in the world. All trading pairs are available 24/7.
Buy gold, silver and platinum with BTC and ETH
After Bitcoin Suisse introduced trading in fiat currencies such as USD and EUR a few weeks ago, the three best-known precious metals gold, silver and platinum are now available for trading. The Swiss company reports in a press release on Tuesday, May 26, 2020.The special thing: in addition to conventional fiat currencies such as CHF, USD, GBP, EUR and DKK, the precious metals can be traded with the cryptocurrencies BTC and ETH. Settlement should take place without the usual delays.
Trading in precious metals can start from a purchase of CHF 100 and remains free of storage fees up to an investment of CHF 100,000. According to Bitcoin Suisse, all of the precious metals offered are kept by a reliable partner. The purchases are 100% covered by the Bitcoin Suisse bank guarantee.
Bitpanda has been trading precious metals since 2019
Bitcoin Suisse, however, is not the first crypto exchange to offer trading in precious metals. The Bitcanda exchange Bitpanda, founded in Austria in 2014, has been trading in gold and silver for more than a year. The service is called “Bitpanda Metals”. In the meantime, the range has been expanded to include two more precious metals: palladium and platinum. Bitpanda also guarantees that the precious metals are physically deposited and 100% insured.