Wilsons Auctions to host unreserved online auction of Bitcoin!

28 Lots of cryptocurrency will be going under the virtual hammer, with no reserve, on Tuesday 24th November!

Now established as a safe and secure method to invest in cryptocurrency, Wilsons Auctions is hosting its next dedicated Timed Online Bitcoin Auction, that will see 16 bitcoin going under the virtual hammer with no reserve on Tuesday 24th November.

Having been instructed by a government agency to realise these seized assets, the cryptocurrency will be split across 28 Lots with values of 0.25, 0.5 and 1 bitcoin, making the popular digital currency more accessible to both global investors and novices alike.

The Timed Online Bitcoin Auction will run for 24hrs from 12noon GMT on Monday 23rd November and will begin to time out from 12 noon GMT on Tuesday 24th November, giving a 24hr window of opportunity to bid online.

Wilsons Auctions made history back in March 2019, successfully managing the first public auction of bitcoin cryptocurrency by a private auction company. The world-first saw 315 seized bitcoin sold with bidders participating from over 90 countries world-wide. Since then the auction company regularly sells cryptocurrency by public auction on behalf of law enforcement and government agencies across the UK and Europe.

Speaking ahead of the auction Wilsons Auctions’ Government Sales Coordinator, Michael Streight said, “We are once again delighted to be able to highlight our unique ability to offer a secure solution in realising cryptocurrency on behalf of our government clients, through this dedicated unreserved Timed Online Bitcoin Auction.

“Offering a secure solution to clients, while removing the risks that can be associated with trading with unregulated virtual currency exchanges, has been a welcome addition to Wilsons Auctions award winning auction service. As we continue our offering, we aim to give new investors as well as the experienced, the confidence to buy cryptocurrency securely from an established auction house,” he added.

Wilsons Auctions is a leading auction company with over 80 years of experience managing the disposal of an extensive variety of assets. The Asset Recovery Department works with 17 countries worldwide realising assets from cryptocurrencies to supercars, luxury watches and designer goods and in recent years has realised over £120 million worth of seized assets for government agencies, law enforcement agencies and insolvency practitioners.

To register for the Timed Online Bitcoin Auction or for a full breakdown of Lots > Click Here. To keep up to date with any upcoming cryptocurrency auctions follow us on Facebook @wilsonsauctionsltd or go to @wilsonsauctions on Twitter and Instagram.

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