How to Buy Luxury Watches with Bitcoin
Keeping up with the times at all times; even when that means accepting Bitcoin for luxury watches.
How to Buy Luxury Watches with Bitcoin
There are those that say watches are the new Bitcoin and it's definitely understandable that someone would want to divest some of their cryptocurrency into something with a tangible value such as a luxury watch. If luxury watches are the new bitcoin, then how do you go about purchasing luxury watches with your bitcoin and other cryptocurrencies?
Things to strongly consider before purchasing a luxury watch online using Bitcoin or any other cryptocurrency:
Know who you are dealing with before you make a purchase.
There are several start-up websites that are Bitcoin-only luxury boutique websites who push a cryptocurrency-centric brand message. As a consumer, the currency that these vendors accept should not be your only consideration. While some sites may be eager to accept Bitcoin for a luxury timepiece they may also lack the necessary experience when it comes to things such as sourcing high-end watches from trustworthy authorized dealers. Assuring the type of pre-sale and post-sale consumer service and meet the expectations of luxury shoppers.
With the volatility of cryptocurrencies considered, do these new Bitcoin-only websites have a strong enough business model for them to stand the test of time? They are open for business today, but are they sure they will still be in business say, five years from now?
Do any of them have enough genuine reviews to provide shoppers with reliable customer feedback to help consumers decide on which vendor is a good fit?
“For shoppers, the difference in the purchase experience is night and day.”
We've simplified the process of trading watches for cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum & Litecoin and made it no different than what consumers are already used to. So here is how it's done, in plain English.
- STEP 1 - Visit our online store and shop as you normally would on our website
- STEP 2 - Add an item to your cart as you normally would then visit the cart page
- STEP 3 - Use the Pay with Bitcoin button (See screenshot below).
Below is a screenshot of our Shopping Cart page with an arrow pointing to the button you need to push to check out with Bitcoin.
PrestigeTime.com is a world-renowned and highly reputable luxury watch website that accepts Bitcoin & Bitcoin Cash. This shouldn't come as a big surprise since Prestige Time is also the first website that sold discounted luxury watches on the internet. This saves the hassle of building a new brand around the fact that our site accepts bitcoin as others do and instead simply made Bitcoin or Bitcoin Cash an option during checkout. This allows us to offer the same 5-Star customer service and post-sale service that our customers enjoy.
Secondly, there is no need to reinvent the wheel or the website when you see the value that these new payment gateways present and the opportunities enabled by implementing them early. Being the first at something means something. It shows vision, leadership, and innovation.
Thirdly, and last but not least, we understand the many reasons why some people want to offload some of their Bitcoin and understand the volatility that holding on to them entails.
Often, they made their money by buying Bitcoin early and now that the market looks more volatile with more fluctuations and competition than ever before, they are looking to cash out, an exit strategy that will maintain a certain percentage of tangible value that can easily be liquidated for hard cash. One way to do that is to buy tangible goods that can maintain a significant percentage of its original value such as buying Rolex watches with Bitcoin, this brand tends to have the highest average resale value compared to any other luxury watch brand. That also includes some high-end brands like Patek Philippe watches which often become some of the most in-demand watches with collectors.
If you get a screen where you don't see the Pay with Bitcoin button at the bottom of the page, it means that you have an empty shopping bag and have to first to add an item to your cart before you can check out and pay for your new luxury watch with Bitcoin.
When checking out using Bitcoin, make sure to make payments from wallets that support "Payment Protocol".
You can buy high-end watches on PrestigeTime.com with any of these supported wallets:
- Copay Wallet
- Mycelium Wallet
- Electrum Wallet
- Bitcoin Core (Satoshi client) Wallet
- BRD Wallet
- AirBitz Wallet
- Bitcoin.com Wallet