Australians Can Now Purchase BTC, ETH Across 1,200 Newsstands In Win For Adoption

Australian cryptocurrency exchange Bitcoin.com.au has made buying Bitcoin (BTC) and Ethereum (ETH) for fiat possible in more than 1,200 newsstands across Australia starting Thursday, March 1, local news outlet 9Finance reports. Bitcoin.com.au, which has been in operation for around 18 months, describes itself on its website as “one of the first independent Bitcoin exchange networks in Australia.” Today, March 1, is the first time the exchange has offered purchases of ETH, having previously only hosted BTC transactions on its site. Rupert Hackett, CEO of Bitcoin.com.au, sees introducing BTC and ETH for purchase in more in familiar retail environments as a way to make people more comfortable with cryptocurrencies in general. In order to buy crypto from a participating Australian newsstand, consumers need to first acquire a crypto wallet, and then scan their wallet’s QR code with the newsstand’s iPad mini. The exchange has set up a minimum buy of 50 AUD (about $39 USD) worth of BTC or ETH.

Reference: https://cointelegraph.com/news/australians-can-now-purchase-btc-eth-across-1200-newsstands-in-win-for-adoption

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