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THE MUSHROOM SPORE STORE PSILOCYBIN MUSHROOM SPORES BITCOIN
How to Pay With Bitcoin for Psilocybin Mushroom Spores
Getting Bitcoin today is faster and easier than ever before. Bitcoin adds a lot of benefits to many of your transactions that traditional currency simply cannot match. The good news is the Mushroom Spore Store now accepts Bitcoin as a form of payment! We encourage more of our customers to use Bitcoin, as we believe this will be used as the foundation for future payment systems.
This article will go over the three ways to use Bitcoin safely, quickly and easily. It will also detail why we believe more and more spore vendors will be using cryptocurrencies in the future.
HOW TO BUY BITCOIN WITH CASH APP
Cash App is perhaps the best option for users who only wish to make payments with smaller amounts of Bitcoin (e.g., for transactions as necessary). The platform is good, yet it will not offer the same variety of features you will find at a dedicated crypto exchange like Coinbase. Cash App is typically the easiest way to buy Bitcoin, as many customers may already use the app. It only takes six taps to convert your USD into BTC. Read the official Cash App instructions here!
HOW TO BUY BITCOIN WITH COINBASE
Coinbase is currently one of the largest cryptocurrency exchanges in the world. This company acts as a broker for Ethereum, Bitcoin and other digital currencies. Purchasing Bitcoin with Coinbase is an easy process. After going through the identity verification process, you will be able to start buying Bitcoin right away. Coinbase has more features than Cash App and it has a great reputation throughout the industry. It is even possible to get a Coinbase debit card, allowing you to spend Bitcoin and other cryptocurrencies. Follow the official Coinbase guide here.
HOW TO BUY BITCOIN WITH LOCALBITCOINS
Localbitcoins, is a “peer to peer” (or sometimes “over the counter”) platform allowing you to sell Bitcoin with other individuals. This can be done with a variety of currencies and traditional platforms, such as Zelle, PayPal, Moneygram and others. Here’s the official LocalBitcoins guide on buying Bitcoins.
So is it safe to trade with other individuals on LocalBitcoins? Yes, mostly – you are likely to have the same type of experience with LocalBitcoins as you would on EBay. As a beginner, we recommend trading with well-established users (feedback score of 99% or better). This platform is a great choice for advanced users looking to set up their own wallet and have a larger choice in what methods/platforms they use to purchase BTC.
UNDERSTANDING KYC/AML LAWS – WHY MOST BITCOIN TRANSACTION SERVICES REQUIRE IDENTITY DOCUMENTATION
The services highlighted in this post and any others you may find will all require identity verification. Typically, this involves providing a copy of your driver’s license or other official identification. The verification process should take no longer than 24-72 hours. The U.S. has laws known as the “Know Your Customer” and “Anti-Money Laundering” when it comes to cryptocurrency platforms.
These laws require the platforms to gather information regarding their customers. While there are ways to acquire cryptocurrency anonymously, they still require a certain level of expertise stretching far beyond this article. Changelly has a good primer on the topic, but as with any financial transaction, research it fully before making a decision.
WHY WE PREDICT MORE SPORE VENDORS WILL ULTIMATELY SWITCH TO CRYPTOCURRENCY EXCLUSIVELY
While the general public still finds out more information regarding Psilocybin, this can unfortunately lead to complications from payment processors in the U.S. Companies that may wish to facilitate these transactions may not want to work with a spore vendor.
Being a decentralized means of transacting, Cryptocurrency is likely to become more common among spore vendors across the nation. We cannot overstate how much we appreciate our customers as we continue to make every payment option possible to get you your microscopy supplies!