Bitcoin
How to Buy Apple Products with Bitcoins
The Apple keynote presentation is an event that all Apple geeks look forward to. In this event, a ton of announcements are made regarding Apple’s new products that are coming out. A few days ago, Apple announced its new line of brand-new and innovative iPhones along with iOS 12. Apple has been pushing quality products for the longest time and now is not an exception. These brand new iPhone XR, XS, and XS Max are looking as sleek as ever. Looking to get one of these sleek new phones? Want to get Apple products with bitcoins?
On Paxful, there are over 350 payment methods currently available, and one of those payment methods might just be able to get you an iPhone. Be assured that using this method is extremely easy and safe. I’m going to teach you how to do it, step-by-step.
How to obtain your Apple products with bitcoins
If you don’t already have a Paxful account, you should probably go make one now. Don’t worry, it’s extremely easy and it’s incredibly fast. You even get your own free bitcoin wallet upon registering an account. You’ll then need to buy bitcoins to fund your wallet.
After loading your wallet, you can proceed to look for offers to buy gift cards. On Paxful, there are tons of great offers available and a lot of vendors sell their gift cards at discounted prices. All you have to do is to input your preferences and then a list (in accordance to those preferences) should appear. Pick the best one for you!
A good way of finding vendors/buyers on Paxful is through the feedback system. Every user is assigned a feedback rating based on how previous transactions have gone. Use this as a base to filter out the scammers from the users of Paxful. There are a ton of good and honest trade partners awaiting you on Paxful. If you learn how to minimize the risks when buying bitcoins and the risks when selling bitcoins, you should be able to do profitable business on Paxful.
Note that sometimes, the offers for buying gift cards with bitcoins is less compared to selling gift cards for bitcoins. Since the vendors set the prices, it’s likely that you will find offers that give good rates. The last time I checked, the best price I saw was 100 USD gift card for $51 worth of bitcoins.
Trust the process
Getting the best offers will require a bit of work. Note that Paxful also asks for a small investment of 0.1 BTC as a security bond for the protection of buyers.
It sounds like a long process but just be patient as being patient could save you a fortune. With the number of good deals on Paxful, you should be able to get an Apple product at a highly discounted price. Just by looking at the current offers to buy bitcoin with iTunes gift cards, you should see that some of the deals that are being offered are great deals. Isn’t it worth being a little patient for a huge discount on the latest iPhone?
Using this method to buy Apple products will not only will you accumulate a significant amount of money, but you’ll also make friends with buyers and vendors that you can actually trust. In essence, you paying not only for that phone upgrade, but you’re also paying for a business relationship that could prove to be beneficial for you in the future.
Great customer support
This method of buying Apple products with bitcoins may be a bit overwhelming to some new users, but it is extremely easy and safe to trade bitcoins on Paxful. If anything ever goes wrong throughout your journey to obtaining your new iPhone, Paxful’s customer support team will help you in any way they can. It’s also easy to reach them as you can instantly live chat them by looking at the bottom right of your screen.
Bitcoin
Bitcoin Price Dumps Below $41,000 Amid Uncertainty
Bitcoin price dumped hard on Monday, briefly slipping below $41,000, erasing gains recorded in the previous week. The premier cryptocurrency seems to have exhausted its recent rally propelled by industry vulnerabilities. At the time of writing, the world’s largest cryptocurrency was trading slightly lower at $41,385. Bitcoin’s total market cap has dipped by 2% over the past day, while the total volume of BTC tokens traded over the same period climbed by 58%.
Fundamentals
Bitcoin price has been facing retracements and a rollercoaster over the past few days after recently rocketing to a 20-month peak. On-chain data has suggested that many investors used the opportunity to take some profits, leading to a decline in the asset’s price.
Bitcoin’s price slump is mirrored in the wider crypto market, with the global crypto market cap decreasing by 1.85% over the past 24 hours to $1.55 trillion. The total crypto market volume has increased by 32% over the same period. The Crypto Fear and Greed Index has plunged from a level of extreme greed to a greed level of 70, suggesting a decline in risk appetite.
Ethereum, the largest altcoin by market capitalization, is currently trading at $2,167, down almost 3% for the day. Meme coins have been hit hard by the market slump, with Dogecoin and Shiba Inu down by more than 4% over the last day.
Last week on Thursday, cryptocurrency experts took notice of…
Bitcoin
Bitcoin Price is in Consolidation Mode Despite Market Optimism Post-Fed Decision
Bitcoin price edged lower on Thursday despite optimism in wider markets on the back of the Fed’s interest rate decision. The flagship cryptocurrency has been consolidating above the critical level of $42,000 after briefly topping $44,000, its highest level in 20 months. Bitcoin was trading 0.71% lower at $42,569 at press time. BTC’s total market cap has increased by more than 3% over the last day to $832 billion, while the total volume of the asset traded over the same period jumped by 22%.
Economic Outlook
Bitcoin price has been trading sideways over the past few days, suggesting a pause in its recent rally towards $45,000. The premier cryptocurrency has decreased by 4% in the past week but remains 15.22% higher in the month to date. The digital asset has staged a significant recovery this year after a torrid 2022 in which a string of scandals, including the collapse of FTX, led to a market meltdown, undermining the credibility of the sector.
The crypto market has been buoyed by the Fed’s latest interest rate decision. The US Federal Reserve on Wednesday held its key interest rate unchanged for the third consecutive time, in line with market expectations. With the easing of the inflation rate, members of the Federal Open Market Committee (FOMC) voted to keep the benchmark overnight borrowing rate in a targeted range between 5.25%-5.5%.
Additionally, the central bank indicated that three rate…
Bitcoin
Bitcoin Price Blasts $44K in Spectacular Surge as Spot Bitcoin ETF Approval Looms Large
Bitcoin price has been hovering above the $43,000 psychological level over the past two days amid anticipation about the potential approval of a spot bitcoin ETF. The flagship cryptocurrency has climbed more than 16% in the past week and nearly 170% in the year to date. Bitcoin’s total market cap has increased by nearly 5% over the past 24 hours to $858.9 billion, while the total volume of the token traded rose by 43%. The Bitcoin price was trading at $43,914 at press time.
Fundamentals
Bitcoin price has posted significant gains over the past few days, climbing to its highest level since April 2022, before the crash of a stablecoin that started a litany of company failures, pummeling crypto prices. The world’s largest cryptocurrency briefly topped the crucial level of $44,000 on Wednesday amid rising momentum despite being massively overbought.
According to analysts, with no spot bitcoin ETF approvals yet and the halving event five to six months away, the market is riding on FOMO. Capital has been flowing in the Bitcoin market amid enthusiasm that the launches of spot ETF will bring in billions of dollars of new investment into the crypto sector.
Investors have already started providing capital as seed money for ETF products. Notably, a recent report by CoinDesk showed that the world’s largest fund manager, BlackRock, received $100,000 in capital from a seed investor for its spot bitcoin exchange-traded fund…
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