For cryptocurrencies to go mainstream real-life adoption is needed where people can freely spend their crypto to buy items and this is what companies like BitDials bring to the public. BitDials has created the first crypto-only store in the world where people can buy luxury watches and jewelry using their preferred cryptocurrency.
The project aims to build a trading platform and is supported, among others by billionaire VC fund Tim Draper.
BitDials to help Crypto Investors Manage Risk Exposure to cryptocurrencies
BitDials was created by two partners in 2016, one an early crypto adopter and the other and established watch retailers in Germany. The main idea was not only to create a marketplace for luxury watches and jewelry but also as a way for crypto holders to cash out.
This would work in a way that investors could diversify their portfolios form high volatility crypto assets investing in jewelry and luxury watches that are made of valuable metals. Also, the company offers investment opportunities for car passionates via its BitCars platform that works in the same way as BitDials. Clients can buy classic cars using cryptocurrency.
Safety is BitDials top priority
In spite of the fact that BitDial creators have been in the watch business since 1999, they think that crypto users are a new kind of customers with particular buying habits. Crypto users are privacy-focused costumers and usually are tech-savvy people who understand and elaborate better information, also they show a better understanding of luxury watches.
Hence, BitDials’ priority is the security of transactions and the protection of its clients. It works as an intermediary between item providers and clients, by a completely transparent system that verifies the authenticity of the item and tracks it until it arrives at the client’s hands.
In the beginning, BitDials was launched as a trading platform but since cryptocurrencies do not need a third party to confirm transactions BitDials was transformed in a closed platform accepting only the most trusted merchants.
The BitDials website is easy to use and clients will find all the necessary information about the product like material used, producer condition, etc. Customers can find a large collection of watches, jewelry, and even diamonds. BitDials is actually the only marketplace to offer this kind of product to be purchased by cryptocurrency. Watches prices range between 1BTC to 50 BTC and are shipped in 24 hours.
In the EU the delivery time is 1-2 days. The company can provide its costumers any luxury watch from these brands: Rolex, Patek Philippe, Hublot, Audemars Piguet, IWC, Panerai, Roger Dubuis, Breguet, Breitling, Jaeger LeCoultre, Tag Heuer, Omega, Nomos, Urwerk, Chopard, Cartier and more.
BitDials also has an affiliate program where marketers can earn bitcoin
BitDials Accepts Multiple Cryptocurrencies
BitDials is based on Frankfurt, Germany, where it is also their distribution center. Items can also be paid on spot with many crypto options to choose from. BitDials accept Bitcoin, Ethereum, Litecoin, Monero, Bitcoin Cash, Ripple, Dogecoin and Decred. Mainly BitDials has customers from Europe and the US but meanwhile, their reach expands there are also customers from Japan and UAE. BitDials has a high rate of returning costumers and has an excellent Trustpilot rating of 5 stars with may reviews.
Delivery of Items and Best Way to Contact Support
BitDials items are shipped within 24 hours. Delivery can take up to 2 days in Europe and up to 10 days to the remaining world. Shipping companies are the most trusted and secured. Depending on the delivery location customers can choose between DHL, FedEx and TNT. Items can also be picked up physically ate the company’s warehouse at Frankfurt. Items are delivered in their original boxes are accompanied by certificates and warranty sheets.