Tuesday, June 26, 2018

How to Sell OSRS Gold with Bitcoin (BTC) or Ethereum (ETH) | R2Pleasent Gold

sell osrs with eth or btc

Selling OSRS Gold with BTC or ETH

Are you an Old School Runescape player looking to get involved with crypto currency?  Bitcoin and Ethereum are the two most popular crypto currencies in the world.  Combined, their market caps are valued in the hundreds of billions of dollars.  A great way to get started in crypto, if you already play Runescape, is to sell some of your OSRS Gold for Bitcoin or Ethereum.

Unlike using an exchange to buy with real money, such as USD, you do not need to verify your identity to sell your OSRS Gold for BTC or ETH on R2Pleasent.com.  That means you can skip past the usual 3-7 business day waiting period of verifying yourself on a website like Coinbase, and get your crypto right away.  If you sell OSRS GP on R2Pleasent Gold, you will receive your payment to your wallet within minutes of completing the trade ingame.

Digital Items Economy and Runescape

Bitcoin originally was created all the way back in 2009.  However, it took some time to become popular.  But did you know, Runescape players were among the earliest adopters of crypto currency?  In fact, if you look back at old forum posts on websites like Sythe.org, there are threads of people buying and selling OSRS Gold for BTC dating back to 2010.  That was before 1 BTC was $1.

Even more mindblowing, back in 2011 when free trade was released on the original Runescape, people were buying gold for $1/M.  At this same time, one Bitcoin was about $1.00 USD.  So the exchange rate was roughly 1 Million Runescape Gold for 1 Bitcoin.  Imagine that today!  Bitcoin is worth well over $5,000 USD at the time of this blogpost.  If you were fortunate enough to sell 5000M Runescape Gold in 2011 for BTC, you could have 5000 BTC today, which would be worth over $2.5 Million USD!

It's quite clear why selling OSRS GP for Bitcoin is a good idea.  How do you do it specifically on R2Pleasent.com?

Sell OSRS Gold to R2Pleasent.com for Bitcoin


You can sell your Old School RS GP on our website for Bitcoin fast and easy.  You'll need to navigate to our sell OSRS gold page and enter the amount you want to sell in the box.  You can type "100M" or 100 Mil.  It's all acceptable.  Then you choose the payment method "Bitcoin".  We also provide Litecoin and Ethereum payments.  Still select Bitcoin on the sell page, then explain to the agent on Live Chat that you'd like Eth instead.




Once you Request a Quote, you'll be forwarded to a Live Chat and an agent will make you an offer in USD per million.  This will be converted using the price on Blockchain.info or another popular crypto currency exchange if you choose ETH or LTC.  Once you agree on a price, you meet our agent in the location they give you on OSRS.  Trade them your gp and you're ready to get paid.

Receiving Payment for your Old School Gold


Receiving a payment on your BTC wallet is easy.  Just copy and paste your receiving address into the chat window.  It can be a receiving address on an exchange or on your wallet.  Just make sure you copy the whole address so you can be paid properly.  Some popular wallets are:
  • Electrum (Versatile, supports BTC)
  • Exodus Wallet (Supports many cryptos, easy)
  • Blockchain.info (Browser Based)
If you prefer to use an exchange, we suggest the following ones:
  • Coinbase (USA, UK)
  • Kraken (Europe)
  • QuadrigaCX (Canada)
  • Binance (trade for other cryptos and altcoins)

Cashing out BTC -> USD, EUR, GBP, etc.


If you want to cash out your crypto to real money, you'll need to use an exchange.  The best exchanges in our opinion are listed above.  They all allow you to sell and withdraw in your local currency.  The best exchanges have high liquidity, low transaction fees, and low withdrawal fees.  Beware of using things like international bank wires and Western Union to withdraw; these payment methods have very high fees.  Look for domestic payment methods which should only cost about $5 maximum per transaction if you are looking to withdraw real money.

Best OSRS Gold Site

R2Pleasent is widely recognized as the best OSRS Gold site.  More information can be found in the linked article.

Verification


Remember that most exchanges will require you to verify your identity.  Make sure to use real information and be ready to present documents that prove who you are.  These can include a drivers license, passport, and a utility bill to verify your address.

HODLING!


The other option to cashing out is of course to hold, or as the Redditors say, HODL.  You can hold Bitcoin safely on a Hardware Wallet or on a very robust exchange like Coinbase.  If you're new to crypto and not super tech savvy, just use Coinbase and activate 2 Factor Authentication.  You can even use the "Vault" feature on there to make sure nobody can withdraw your coins instantly.  Being hacked is definitely something you need to be careful of with Bitcoin, just like with Old School Runescape.  Never give out your account details or password, obviously.

Bitcoin Vs. OSRS GP in 2018 and Beyond


Who knows what will happen with the future of Bitcoin prices and other crypto currencies going forward.  One thing is for sure, the people who sold their OSRS GP in the past for BTC, ETH and other currencies are some happy campers today if they managed to HODL!  Some people I know personally got involved with crypto thanks to selling OSRS gold, and it has truly changed their lives.  It's a high risk investment, but it definitely has high reward as well if it works out.

We will always be sure to have crypto currency on hand for our sellers.  R2Pleasent.com is the best website for buying and selling OSRS Gold for Bitcoin in 2018 and beyond.  Good luck!

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