On January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying with cryptocurrencies. According to Bitpay, Onegold has seen $50 million worth of crypto payments since supporting digital assets, which represents 10% of the firm’s yearly revenue.

Also Read: Close to 11 Million BTC Haven’t Moved in Over a Year

Onegold Sees $50 Million in Crypto Payments Since December 2018

In December 2018, news.Bitcoin.com reported on the Apmex and Sprott owned online bullion marketplace Onegold accepting cryptocurrencies via Bitpay. At the time, Bitpay’s chief commercial officer Sonny Singh said that Bitpay and Apmex have worked together for years and when they launched Onegold, the Atlanta firm was “ready to help them accept bitcoin and bitcoin cash.” Since then, Bitpay claims cryptocurrencies have represented 10%…

Click to continue reading on its source location…

Source: https://news.bitcoin.com/online-bullion-marketplace-onegold-sees-50-million-in-crypto-payments/