Cash has been king for decades. But it’s slowly being dethroned by one unexpected contender: cryptocurrency. Nowadays, you can buy and sell anything for digital coins, giving you more freedom in choosing your preferred payment methods. So, if you’ve been asking yourself: Should I sell my car for Bitcoin? The answer is 100% yes!
Why Should I Sell My Car For Bitcoin?
Bitcoin is one of the most recognisable cryptocurrencies worldwide, but like many innovative technologies, it didn’t gain traction until recently. During its introduction in 2009, the digital currency was only valued at less than $0.
Now, it’s highly sought-after for its price, reaching an all-time high of $67,549!
But Why Has Bitcoin Become So Popular Over The Years, And How Could You Benefit From Using It When Selling Your Car?
Have you ever tried buying something at the store, only to realise that you’ve left your wallet at home? Unfortunately, carrying cash around isn’t the easiest thing to do, and you never know when you’ll need more of it.
Your Bitcoin wallet, on the other hand, stays on your phone. Plus, it only takes a few minutes to transfer the exact amount you need to another user, making transactions more efficient.
- User Anonymity
One unique feature of Bitcoin is its anonymity. This means that, unlike credit card transactions, your payments cannot be traced back to you. As a result, you can avoid fraud cases and reduce the risk of your personal information being stolen.
Besides its user anonymity, Bitcoin is also a decentralised currency. Or, simply put, it is not regulated by a single government or a central bank.
This means that your cash is less likely to be frozen by a bank, giving you more control over your earnings.
- High Return Potential
Say you received AUD 9000 for your car. In Bitcoin, this is converted to about BTC 0.14. At first glance, it may not seem like much; however, Bitcoin has an incredible potential for high returns.
In a year or less, your $9,000 can turn into $15,000 or even more. All it takes is a little patience and faith!
Where Should I Sell My Car For Bitcoin?
The only drawback of Bitcoin is that it’s still relatively new compared to cash and credit card transactions. As a result, not many stores will offer this payment method, limiting your options.
However, this doesn’t mean it’s impossible to sell my car for Bitcoin. You still have one place to go: Amazon Cash for Cars.
Amazon Cash for Cars can offer you up to $9000 in cash, company cheque, cryptocurrency, you name it—we’ll make sure to meet your demands. On top of that, our vehicle removal services are free, and we can pick up your car once you call us at 0422 784 920!