People living in the “land down under” can now use their Bitcoin to pay for things at Australian post offices as part of a new local BTC exchange partnership. A new announcement on June 24 shows that customers of the local cryptocurrency exchange Bitcoin.com.au will be able to pay for BTC at more than 3,500 post offices around the country.
The new collaboration between the exchange and the Australian post offices also features the CEO of the exchange, expanding on his vision about this new project. As the CEO Holger Arians said, the new payment option will make some people more comfortable with buying cryptocurrency:
“For many people, paying for Bitcoin at an Australia Post office feels safer than transferring funds online — particularly for first-time buyers. We’re proud of this partnership and would like to thank Australia Post for their continued openness to new technologies.”
Customers of the Bitcoin.com.au exchange were already able to pay for Bitcoin at 1500 retail outlets in the Blueshyft payment network. The exchange was founded by Synthetix’s Kain Warwick and services other exchanges.
The new adoption of BTC in Australian post offices is a big update in the Bitcoin news now, having in mind all of the recent updates regarding cryptocurrencies. Speaking of which, we can see that an increasing number of physical locations are now offering the opportunity for consumers to acquire cryptocurrencies. As of recently, Bitcoin automated teller machines crossed the milestone of 8,000 units installed worldwide.
It is now possible to buy Bitcoin for cash at more than 20,000 retail locations across the United States, such as 7-Eleven, CVS Rite Aid. In September last year, all of the 7-Eleven stores across the Philippines also started selling cryptocurrencies. In parallel with that, the start of 2019 marked an era where a number of French tobacco shops did the same.
Meanwhile, the latest cryptocurrencies news today show a drop in the price of the largest asset by market cap. While the adoption of BTC in Australian post offices is good news, the price of the dominant asset Bitcoin fell by 3.67% and is now trading at $9,218.
All of this hints that a new drop may occur in the BTC news this week, but right now everything is uncertain.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]