The latest reports on June 24 reveal that Australians can now deposit money for a local Bitcoin exchange at the post office. All this is possible due to a collaboration between the exchange and the post office services.
Based on the official announcement, the clients of a local crypto exchange Bitcoin.com.au can pay for BTC at the more than 3,500 Australian Post offices. Holger Arians, the firm’s CEO said that he is convinced that the new payment method will make more people comfortable with purchasing 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.”
The Bitcoin.com.au customers could already pay for Bitcoin at 1,500 retail outlets working in the Blueshyft payment network. Blueshyft was created by Synthetix’s Kain Warwick and it is known to service several other exchanges.
More Physical Locations To Transact Crypto
There is a growing number of physical locations that now provide users with the opportunity to buy and sell cryptos. The Bitcoin automated teller machines (BATM) recently surpassed the 8,000 units milestone globally.
Previous reports indicate that it is now possible to purchase Bitcoin for cash at over 20,000 retail locations in the United States including CVS, 7-Eleven, and Rite Aid. In September 2019, all of the 7-Eleven stores in the whole of the Philippines also begun selling cryptocurrency. At the start of 2019, many French tobacco shops also did the same.
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