The additional payment option eliminates barriers for holders of Bitcoin interested in diversifying their portfolios. Despite global enthusiasm for decentralized digital coins and their ability to represent monetary value independent of governments, they remain within the category of intangible assets due to their digital nature. Silver and gold have always attracted people seeking a stable and secure wealth reserve. For this reason, LCR Coin has chosen to position itself as the convenient destination for converting digital coinage to rare coins, modern coins, and bullion.

For shoppers at LCR Coin, Bitpay enables secure purchases in a manner similar to a credit card but with funding coming through the new class of independent digital currencies. A somewhat longer payment processing period occurs when using this payment method compared to a credit card. However, these transactions at LCR Coin are completed within hours.

Holders of BTC are typically familiar with the transaction clearance process known as "mining." The mining system involves computers around the world that analyze and validate data blocks about BTC transactions in order to update the blockchain ledger. This processing system forms the foundation of the digital currency's appeal due to the accuracy, security, and privacy that it produces.

Although BTC represents the most notable form of currency usable within Bitpay, the system integrates with multiple digital currencies. As of May 2021, Bitpay currently works with Bitcoin Cash (BCH), Ethereum (ETH), Wrapped BTC (WBTC), Dogecoin (DOGE), and 5 USD-pegged stablecoins (GUSD, USDC, PAX, DAI, and BUSD) on the ETH network.

Volatility and large swings in value have defined the digital currency world since it began in 2009 with the emergence of BTC. Unpredictable values, however, have caused some to question the efficacy of relying on the digital realm as a means of diversification from securities markets.

For these reasons, LCR Coin has created an opportunity to shift digital currencies into gold and silver. Despite recent investor excitement about nongovernmental decentralized digital currencies, all investors understand the benefits of diversification. Precious metals and rare coins have long shown themselves to be safe alternatives.

Although coin and bullion values experience shifts as well, they remain a largely stable force in the financial world due to their tangible nature. They also represent tradable assets that can be bought and sold in transactions between individuals or institutions.

Throughout history, and particularly in the aftermath of the global financial collapse of 2008, investors have consistently found a safe refuge for their wealth in coins and bullion. Precious metals represent a finite resource that must also be mined. They cannot be assigned value in the way that governments issue paper currency by fiat. They are not vulnerable to corporate scandals or bankruptcies.

About LCR Coin

LCR Coin has been at the heart of the coin and bullion business for over 35 years. As an authorized dealer through the Professional Coin Grading Service and Numismatic Guaranty Corporation, the company enjoys a respected position within the online coin market community. Customers have consistently provided high ratings for the company at the Shopper Approved review website.

The company's online retail store, found at https://lcrcoin.com, updates inventory daily. Collectors and investors enjoy access to a robust marketplace for many rare coins, certified Eagles and Buffalos, bars, and Mercati eagles. LCR Coin obtains inventory from a network of reputable dealers and buys coins directly from collectors and estates. LCR Coin also provides a convenient source of products for precious metal retirement investing and assists customers with IRA and 401(k) rollovers.