Cryptocurrency is slowly taking over the world and Bitcoin is leading the market. It remains the go-to virtual currency for many investors, but Ethereum, Ripple, and EOS are gaining popularity as well. And with the market only growing stronger, you can now sell my car for cryptocurrency without any problems!
Why Should I Sell My Car For Cryptocurrency?
Ten years ago, people relied on two methods of payment: cash and credit card. Back then, Bitcoin was simply a buzzword that gained more attention in niche communities, and for an understandable reason; it was only worth $1 or less.
Then 2013 happened, and Bitcoin finally saw its first surge, crossing the $1000 mark and turning more heads. As of April 14, 2021, the digital currency reached an all-time high of $64,895.
But what makes Bitcoin and other cryptocurrencies so special? The secret lies in their digital nature:
- Easier Transactions
Say you tried to sell your car with the help of an intermediary, resulting in loads of paperwork, time-consuming processes, and not to mention, extra fees.
Using Bitcoin eliminates the “middlemen” needed during transactions, preventing confusion and misunderstandings between the buyer and the seller.
- Better Security
How safe is cryptocurrency? The great thing about Bitcoin transactions is that each one you make is unique between two parties, protecting your financial history from identity theft.
On the other hand, traditional transactions require you to deal with a bank every time, risking the safety of your financial history. Cryptocurrency transactions also cannot be reversed to prevent fraud.
- Individual Ownership
If you own a credit card, your funds are technically under the control of a third party. Unfortunately, this means that your account may be closed without any notice, forcing you through several obstacles just to get it back.
Meanwhile, cryptocurrency ensures that you are the sole owner of your cash; including the encryption keys that make up your network identity.
How Do I Sell My Car For Cryptocurrency?
Are you ready to earn one of the most valuable digital currencies of today? Don’t let the big numbers fool you. You can quickly sell anything in exchange for Bitcoin, including your old, damaged, or junk vehicle!
There are two things you must stay updated on: the current scrap prices and the current Bitcoin prices. Both tend to change periodically, so your timing can significantly affect how much you earn. For example, steel is presently worth $1-$1.50, while copper is around $6-$8.
However, note that many buyers still do not offer Bitcoin as their payment method, which means you must find a company that fully understands how selling my car for cryptocurrency works. Luckily, you don’t have to look too far: Amazon Cars and Spare Parts is the premier destination for anyone who wants to earn a few digital coins!
Here at Amazon Cars and Spare Parts, we can offer you up to $7000 for all types of vehicles, regardless of year, make, model, and current condition. We have been buying cars in exchange for cryptocurrency for years, ensuring that you receive the most reliable and highest quality services possible.
Want to learn more? Call Amazon Cars and Spare Parts at 0412 711 318 to see how we can help you!
Yasin Azimi is the COO and IT Manager of Amazon Car Group (also known as Amazon Cash for Cars), first company in Australia to revolutionise the “Cash for Car” industry by offering cryptocurrency payments for unwanted cars. Yasin graduated in 2018 with Bachelor of Software Engineering from the University of Technology Sydney, and have worked at fortune 500 companies like Cognizant as well as QBE Insurance in Australia for the past 3 years. With his IT experience coupled with his team of experts, Amazon Car Group is changing how people sell their car for cash.