As we all know, cryptocurrencies are subject to fluctuations in their price and worth. This is true for traditional currencies as well. This is one of the biggest reasons people choose to invest in raw materials, as their value is far more stable. Things such as silver, gold, and platinum are all favored to invest in as they cannot be reproduced at a whim and exist in fairly fixed quantities. 

In this post, we will take a closer look at just how you can go about buying gold with cryptocurrencies, as well as where to do so. We also take a closer look at the pros and cons of investing in gold, as well as the many benefits of deciding to invest in one of the world's oldest investment options. 

How To Buy Gold With Crypto

The easiest way to go about buying gold with cryptocurrencies is to use a crypto gateway such as XEROF. This allows you to make purchases with cryptocurrencies, even in places that don’t usually accept cryptocurrencies as a method of payment. 

The way it works is that you send your crypto to the XEROF wallet, and XEROF then deposits FIAT currency into the bank account of the place of purchase. This makes it easier than ever before to spend your crypto on all kinds of things, whether it be gold, cars, or real estate.

Sites where you can buy gold

There are dozens of websites and platforms that allow you to purchase gold from the comfort of your own home. However, below, we have listed three of the biggest sites for buying gold that the majority of buyers will turn to. 

1. BullionByPost

BullionByPost enables you to buy numerous rare materials, such as gold, silver, platinum, and palladium. All these materials are available as either coins or bars up to 1 kg, depending on the size of your investment, which makes it a very flexible option. They also offer insured delivery and free shipping for all orders, which makes things go smoothly.

Visit BullionByPost

2. JM Bullion

JM Bullion is another website that offers a wide variety of rare materials such as gold, silver, and platinum. However, there is more choice here as you can choose to buy simple gold bars or choose some of the more rare options available. They offer gold coins from America, Australia, Mexico, Canada, and South Korea, to mention a few of the options. JM Bullion also offers shipping insurance as well as free shipping on orders above $199.

Visit JM Bullion

3. Gold Avenue

Gold Avenue is another website that offers investment opportunities in gold, silver, platinum, and palladium. All materials come as coins, cast bars, or minted bars. Here you can buy up to 1 kg of raw gold in bars. Gold Avenue also offers storage of any materials bought, in Switzerland. This allows you to invest in gold and other materials without worrying about storing them on your own. 

Visit Gold Avenue

Places where you can buy gold

If you prefer to buy gold in person, there are several places you could turn to. There are specialist dealers that only deal in rare metals, but there are also pawnshops and plenty of individual sellers around the world who are willing to sell their gold to you. 

The best way to find places in your area would be to do a quick search on the internet and use that local information to your advantage. Just remember to make sure that you are buying pure gold, and that it is the correct weight or quantity.

Why Buy Gold?

Pros and cons 


A safe harbor on the financial markets when the wind blows. Most people say that's what gold is. It's true, but with a twist: in investments and business, nothing is certain. Gold, on the other hand, has been a good investment over the years, especially when inflation is high and stock markets are falling. When the amount of money grows, this is called inflation. Subsequently, money is worth less. Gold, on the other hand, will always be there, but only in a finite amount.

The price of gold is set by supply and demand, just like the price of any other asset. When it comes to gold, there are clear signs that the demand for the gold that is already there will grow in the future. Gold is not just used to make jewelry; it is also used in other ways. When demand goes up, prices tend to go up as well.


There are bad things about every type of investment. When it comes to gold, investments can either be expensive or risky. Does that seem odd to you? It's not that strange, really. If you buy gold bars or coins, you need to keep them somewhere safe. When you have a lot of money in gold, you need a safe deposit box so that if the gold gets stolen, you can get money from the insurance.

When people say that gold is a risky investment, they are usually talking about certificates and other securities based on gold. The problem with these securities is that they are not backed by the amount of gold that is already in circulation. People say that there is up to 100 times more gold on paper than there really is in circulation. As such, uncertainties come with anything that is not backed by physical assets.

Benefits of investing in gold

Gold comes in several forms

There are many ways to invest and save in gold, which is one of the best things about it. Physical gold is a safe way to save money. There are also ways to save in gold, such as with CFD (Contracts for Difference) funds and ETF (Exchange-Traded Fund) certificates. With CFD funds, you can trade in gold without actually owning it. With ETF certificates, you bet on the price going up or down.

Gold has a stable value

One reason why gold is still a popular investment is that it holds its value and can still be used to buy things. Gold is one of the few things that holds its value over time as well as it does. Instead of putting money in the bank, where its value goes down over time, you can get more by putting it in gold.

For example, since the start of the 20th century, gold's value has not only stayed the same but also gone up. During the same period, both the stock market and other currencies went up and down a lot.

It's easy to turn gold into cash

Unlike other investments, people have always wanted to buy gold. In other words, saving in physical gold is safer than saving in other ways because it's easy to turn precious metals like gold into any currency you want, regardless of where you are.

Gold over silver

There are numerous reasons why people prefer to invest in gold over silver. One of the biggest reasons, however, is also the simplest. Gold is more expensive than silver, as such, it takes up less space to store, let's say $10.000 in gold than it would in silver. While this may sound trivial, you need to remember that most people store gold bars and gold coins in safe-deposit boxes or in safes, where physical space is fairly limited. 

Another key reason why gold is the preferred form of investment is its status as a countercyclical investment. We briefly mentioned this above, the fact that gold tends to stay at the same price or even go up in value, as other markets go down. Silver, however, tends to move up and down with the rest of the economy. This is due to silver seeing more practical applications as it is a component in manufacturing. As the economy slows down, less is being manufactured, making silver less in demand.


While gold is one of the oldest methods of investing your money, it is also one of the most tried. When uncertainty is introduced into the economy, gold has been known historically to keep its value through periods of distress. 

Combining this, with the fact that it is easier today than ever before to acquire said gold through various websites. With websites that you can access 24/7 on your smartphone, it is easy to see why many are turning to investing in gold in these uncertain times. By using platforms such as XEROF you can purchase gold using cryptocurrencies, which makes it easier than ever before to invest in the precious metal.


XEROF is a Swiss-licensed FinTech specialising in cryptoassets. Our Tier 1 banking network allows clients to seamlessly navigate crypto and fiat transactions to manage investments, treasury, and settle third party expenses.

Learn more about XEROF