Have you ever thought about purchasing a car with cryptocurrency? Buying a used or brand-new car using cryptocurrency might sound like a dream, but it is true. You don’t have to look any further, but AutoCoinCars, a leading crypto-based online car marketplace offering crypto payment options to sell cars.
Hundreds of retailers could offer crypto payments, but finding an authentic marketplace like AutoCoinCars is quite challenging. Cryptocurrency has been more prominent than ever and is growing faster than anything. It has shown an impressive rise in the past decade, and more people are attracted to it nowadays.
One of the primary goals of AutoCoinCars is to ease the buying process of premium cars from exotic automakers in the UK and Ireland.
For an everyday consumer, buying or selling goods in physical form is more trustworthy. However, the world has drastically shifted towards online systems, and mostly, no one wants to have the hassle of waiting in line and purchasing stuff. Online buying power has increased, and it has given a boost to cryptocurrency. You can purchase anything from video games to cars using cryptocurrency sitting on your couch at home.
In the future, cryptocurrency will undoubtedly significantly impact how cars are bought and sold. It won’t be long before we all benefit from cryptocurrency’s global presence and personal accountability, one coin at a time.
Read more: dealers to buy cars with cryptocurrency
AutoCoinCars lets you purchase your dream car using bitcoin:
For the past 5 years, AutoCoinCars has never been more dominant as a crypto-based online car marketplace. In its inception in 2017, its CEO visioned providing a platform for buying cars with cryptocurrency. In 2018, they first sold a Range Rover with crypto. Since then, AutoCoinCars has been an online car dealership that simplifies the car buying process and excludes the hassle of visiting physical stores and showrooms.
Who wouldn’t want to have the opportunity to purchase their dream car using digital money? Correct, no one. So, when it was first established, AutoCoincars started to associate with premium car brands like Mercedes, BMW, Audi, Lamborghini, Ferrari, Tesla, Maserati, Rolls Royce, Bently etc.
In fact, the automotive markets are significantly moving towards online transactions. The automotive market needs cryptocurrency, but how can it transform the industry? Retailers expect to see a huge cryptocurrency adoption over the next 12-18 months, modernizing traditional methods of dealing. There is no doubt that the figures speak for themselves regarding the automotive trading market.
Bitcoin, which was founded in 2009 in an attempt to decentralise money and other valuable assets, constitutes an estimated 34% of the cryptocurrency market.
Cryptocurrency provides new markets and businesses with opportunities. A prime example of a sector that follows the latest technological trends in the automotive industry.
How exactly does Bitcoin operate?
Let’s make this as simple as we can. Without a middleman like a bank, you can buy, trade, and exchange bitcoin directly. It is a decentralised digital money. Satoshi Nakamoto, the person who invented Bitcoin, first articulated the necessity for “an electronic payment system based on cryptographic proof instead of faith.” A blockchain is a distributed digital ledger that serves as the foundation of bitcoin. As its name suggests, a blockchain is a network of interconnected data made up of units called blocks that each contains details about a single transaction, such as the date and time, the total amount, the buyer and seller, and a special identification number for each trade.
Additionally, there are services available that let you link a debit card to your cryptocurrency account, enabling you to use Bitcoin similarly to how you would use a credit card.
People occasionally utilise cryptocurrencies in place of their home currencies in other countries, especially those with less reliable currencies. The ability to store value without relying on a currency that is supported by a government is made possible by bitcoin. This is how simple and helpful bitcoin is.
How AutoCoinCars accepts bitcoin
Are there many cryptocurrency users? Yes! Over 100 million people utilise cryptocurrencies worldwide, and this number is increasing daily. Of these users, 68 million or so have bitcoin wallets. The payment processor working on behalf of the dealership is AutoCoinCars. By processing the payment directly with you, the buyer, AutoCoinCars, relieves the dealership of the burden of the cryptocurrency transaction.
Once the transaction is finished, AutoCoinCars pays the dealership in the chosen currency. Transactions almost happen instantly! The blockchain moves quickly, so there are typically no delays like there would be if a traditional bank were to retain your funds.
You must first conduct a model search on the AutoCoinCars website. Second, you contact AutoCoinCars to ask questions regarding the car. Then, based on the current market rate, AutoCoinCars will provide you with a quotation for the vehicle in Bitcoin. The dealership will then be contacted by AutoCoinCars on your behalf to let them know that you wish to acquire the car.
You can go see it in person, inquire about it, test drive it, etc., just like you would with any other purchase.
The dealership will send us the invoice sum as soon as you are satisfied with the vehicle. The transaction is then finished between you and AutocoinCars. To assure your safety and the accuracy of your funds, AutoCoinCars performs a test transaction.
After doing this, you can proceed to pay the remaining balance in your preferred currency, in this example, Bitcoin. AutocoinCars will then take care of the rest and pay the dealership’s complete invoice. After that is finished, you can drive your new car home.
It is as simple as this! Until now, you must have had an idea of how safe and reliable AutocoinCars are in purchasing the car of your dreams.
