How Can I Pay With Bitcoin?
Bitcoin transactions are both easy and convenient. The first step is to put your preferred items in your shopping basket. As a payment option, pick “Bitcoin.” Click “Checkout Now” if your purchase is within the $250,000 order limit and satisfies the $299 minimum. If you already have an account with JM Bullion, you will be asked to log in before you can proceed with the checkout process. The “Guest Checkout” option is available if you don’t already have an account, but if you do, you may create an account at the end of the checkout procedure.
To complete the checkout process, you must supply your name, billing address, phone number, and shipping address. If you don’t already have a JM Bullion account, you’ll need to supply a valid email address as well.
Click “Proceed to Next Steps” after you’re finished. BitPay will then send you an invoice. A 15-minute window will be given to you during which you may finish the transaction by paying. You will have to start again with a fresh order if your payment is not completed within the specified 15 minutes.
Atlanta-based BitPay is a significant Bitcoin payment service provider started in 2011. BitPay is one of the world’s major Bitcoin processors that handles Bitcoin transactions for merchants. Bitcoin payments are converted into U.S. dollars through BitPay, which acts as a mediator between the buyer and seller in this instance. BitPay provides retailers with a solution to take Bitcoin without the risk of price fluctuation, since payments received in bitcoins are promptly converted to the currency of their choosing. For JM Bullion, BitPay has a proven track record, and we are pleased to embrace their services for a smooth consumer purchase experience.
Bitcoin payments might take up to one business day to arrive. After receiving a payment, it is promptly deposited into the account. You may follow your shipment in the “My Account” area of the site once it has been cleared.
Attention: All transfer IRA and 401k to bitcoin guide payments are automatically converted to US dollars. Please note this. If you get a refund, it will be in Bitcoin at the rate in effect at the time of your transaction with the vendor.
What’s the current Bitcoin exchange rate?
Visiting the BitPay website will show you the current Bitcoin exchange rate.
What Bitcoin Wallet Is the Best for Making Bitcoin Payments?
Payments must be completed within 15 minutes of the order being placed since Bitcoin rates are constantly changing. There are several Bitcoin exchanges that are unable to process a payment fast enough, which may result in your purchase being cancelled. The time and money it takes to fix this is obvious, but it can also be a very unpleasant process. Only certain wallets enable Payment Protocol, which displays a URL or QR code to securely transmit the bitcoin address and transaction data from a wallet to a wallet.
To prevent this, you may want to think about using a wallet that makes payments quickly and reliably. Some of the most popular wallets that support the Payment Protocol include:
An account using BitPay
The Copay Wallet
It is possible to use the Airbitz Wallet
Cryptocurrency wallets such as Bitcoin Core Electrum Wallet
Wallets made from Mycelium
As long as your wallet is mentioned above, it should be able to connect to BitPay.
Inquiries about BitPay payments and wallet compatibility should be directed to BitPay’s help area.
Can I get a discount if I pay with Bitcoin?
Yes. Bitcoin payments are eligible for a 3% discount over credit or debit card and PayPal payments. It is possible to examine the precise price of a product on the site, which is broken down per payment method.
Once my order has shipped, can I switch from a credit card to Bitcoin as a payment method?
No. Credit card, PayPal, bank transfer, or check payments can’t be converted into Bitcoin. Once a Bitcoin payment option has been selected, the order cannot be altered to another method. The purchase of Bitcoin must be done via our site, and the payment method must be specified at that time.
How Long Does It Take to Get My Orders Shipped and Processed?
When a Bitcoin order is declared Paid in our system, it clears within one (1) business day, which is average. Once the status of your purchase changes to Paid, you can be certain that your bitcoin payment has been received and the package is on its way to you.
Minimum of $299,999 3 percent is the maximum discount rate.
How can I get my money back?
Cancellation of an order is impossible after it has been processed. The “Current Asking Price” on the day of written notice may be used to balance confirmed orders that have been processed but have not yet delivered. To put it another way, this means selling the goods back to JM Bullion at the present price.
EST time is the only time when offset requests may be submitted. JM Bullion has the option of allowing you to cancel or offset your purchase at any time.
Visit the JM Bullion Terms and Conditions page for further information about cancellations and offsets.
What Is the Process for Refunding Bitcoin?
In the event of a refund on a Bitcoin purchase, Bitpay will provide a credit in Bitcoin at the rate in effect at the time of reimbursement.
Exactly how much does one bitcoin now cost?
Check the current value of bitcoin by visiting our price page. It’s simple to keep track of the current price of bitcoin by using our price charts. In addition to showing you the current bitcoin price, our charts let you go back in time and see how much bitcoin has changed in value.
Can I Use Other Cryptocurrencies to Make Payments?
JM Bullion exclusively takes Bitcoin at this moment. However, in light of the growing popularity of cryptocurrencies, we’re considering adding more in the future. If you don’t find what you’re looking for, please check again again soon.
A Brief Overview of Bitcoin
Online payment method Bitcoin has allowed millions of users to send and receive payments free of banks or credit/debit card firms since its inception in 2008. There are several reasons why this payment method has become so popular, and one of them is the money it employs, the bitcoin. There is no need to worry about current exchange rates while using the system since the bitcoin is the only money that is universally accepted. Businesses that conduct international transactions, notably those dealing in precious metals, have embraced Bitcoin as a method of payment.
However, customers should be aware of some of the potential dangers and consequences of this method of payment before making a purchase of precious metals. Bitcoin is still in its infancy, and it must work through a slew of privacy and security issues before it is ready to be considered a reliable payment method. Customers buying gold and silver now might want to think about using more well-established payment methods.
Advantages
The primary benefit of using Bitcoin is the ease with which transactions can be completed. In today’s world, customers are not constrained by the hours or location of any particular business. They can shop whenever it’s convenient for them, whether that’s at home or at work. Customers like the fact that Bitcoin is a single, globally accepted currency that can be used anywhere in the world without the need for any additional conversion.
To make matters even more convenient for the customer, Bitcoin transactions are cheaper for merc