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Australians Can Deposit Money for Bitcoin at Local Post Offices

By Shannon Wilson | June 24, 2020
Australians Can Deposit Money For Bitcoin at Local Post Offices

The citizens of Australia can reportedly carry out depositing process for Bitcoin (BTC) at local post offices, following a freshly established partnership. 

Specifically, the current clients of Australia-based crypto exchange platform Bitcoin.com.au will reportedly be able to execute payment for Bitcoin purchases across over 3,500 post offices throughout the country.

Holger Arians – head of Bitcoin.com.au – reportedly shared his remarks, hoping the payment initiative will help simplify the purchasing process of crypto for users. 

“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.”

Payment options for Bitcoin have reportedly been made available throughout 1500 retail stores in the Blueshyft payment network – established by Synthetix’s Kain Warwick – for clients of the firm. 

More and more offline facilities are reportedly providing options to execute cryptocurrencies purchases for customers. The figure of installed Bitcoin ATMs globally has reportedly surpassed the 8,000 milestone. 

The feature for cash payment for buying Bitcoin has reportedly been added to over 20,000 retail outlets throughout the US, including 7-Eleven, CVS and Rite Aid.

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