You Can Now Buy Cryptocurrencies in 1200 Kiosks Around Australia

In Australia, starting on March 1, bitcoin and ethers can be purchased in more than 1,200 kiosks distributed throughout the country, thanks to the service provided by cryptocurrency exchange.

According to this exchange house, all that is needed to be able to buy these cryptocurrencies in the kiosks affiliated with this service is a telephone number, an email address and a Bitcoin and / or Ethereum wallet address.

In this way users should simply go to one of the 1,200 locations that offer this service, present the QR code of their wallet address and make a purchase of bitcoin or ether for a minimum amount of $ 50 Australian dollars, after which the cryptocurrencies  will be sent to your wallet address.

During the first day of service these transactions will not have a commission, but later a 5% commission will be charged on the amount of cryptocurrencies purchased. The president of, Rupert Hackett, declared that this new system would allow them to reach more consumers by presenting a more convenient way to purchase cryptocurrencies.

For anyone who has hesitated to buy Bitcoin because everything seemed too complicated, this is the perfect configuration that eliminates the fear factor of investing in digital currencies.

The fact that you can now buy Bitcoin and Ethereum from the same place where you buy soft drinks and stationery really speaks to how cryptocurrencies have been institutionalized.

Rupert Hackett

This new service is a sign that the adoption of cryptocurrencies continues to advance in this country. It should be noted that less than a month ago, three major banks in the country, Australia and New Zealand Banking Group (ANZ), National Australia Bank and Westpac, said they saw no reason to prohibit the purchase of cryptocurrencies, while Commonwealth Bank, the bank Australia’s largest bank, aligned with other financial institutions on Wall Street and decided to ban the purchase of cryptocurrencies with their credit cards.

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