Ethereum Now Available In Bits Of Gold
Over the last few years the crypto currency industry, which offers alternatives to the Bitcoin, has expanded, as well as its trading volume. For years the leading alternative to the Bitcoin was the Litecoin, leading the trading charts and interest. Ethereum has recently begun to gain momentum in interest, use and trading volumes. While Litecon's design does not appear to have a significant advantage over the Bitcoin, in the Ethereum it isn't the case. The Ethereum project is led by one of the most prominent developers in the Bitcoin community, Vitalik Buterin, as early as 2013. During the last few weeks and months the exceptional nature of the Ethereum project is leading to increased trading volumes and a greater utilization of its unique and smart contracts, which Ethereum is known for.
Following a period of examining the possibilities of supplying Ethereum, and testing the Israeli market's interest, we have decided the time is ripe to allow our customers to purchase Ethereum in shekels: we are hereby happy to announce that Bits of Gold is adding another coin to its Bitcoin services - Ethereum!
Please note that the Ethereum purchasing process is in its beta stage, which we began several weeks ago. We have already built up a trade volume of tens of thousands of shekels (update April 9th, 2017: since then, several hundred thousand shekels in Ethereum have passed through our company), and provided services for several delighted clients. We are now officially offering this opportunity to the public. At this point the purchasing process is part of the Bitcoin buying process. It can be bought within the framework of a standard order, in which you can note the Ethereum wallet you wish to receive. Over time, based on demand, we will offer a more accessible and convenient way for users to purchase Ethereum. Similarly, we will offer a more accessible and convenient way for users to sell Ethereum, which is currently only available manually (in other words, via telephone or e-mail).
The technical details of purchasing Ethereum:
- The commission fee for buying and selling: 4.95% (*please note you may be charged additional costs, depending on how you wish to pay!)
- Unlimited sums: If the sum exceeds 50,000 NIS, you are asked to come to our offices in person (for regulation purposes).
- The Ethereum exchange rate: Same day of when the money is received, based on the Bitfinex rate.
- Payment options: bank transfer, cash and credit card
- Regulations – similar to Bitcoin regulations
We are happy to share this new development with you and hope to continue offering additional products for our loyal and new customers.
Sincerely, the Bits of Gold team.
Image rights: from Ethereum
Bits of Gold team.