Australians can now purchase Bitcoin (BTC) at more than 3,500 national post offices, thanks to a partnership between crypto exchange Cryptox.trade.au and the Australia Post.
Making Bitcoin More Accessible
Crypto enthusiasts Down Under can buy Bitcoin at their local Australia Post, courtesy of an alliance between the local digital currency exchange Cryptox.trade.au and the country’s postal service provider. The partnership between the two entities aims to promote the use of cryptocurrencies by making them easily accessible to the masses.
Australian residents can buy BTC with cash, and EFTPOS payments from the nearest Australia Post through Cryptox.trade.au’s popular Post Billpay service.
Commenting on the breakthrough development, Holger Arians, CEO, Cryptox.trade.au, said:
“This is a major milestone for digital currency in Australia and around the world. It proves that there are established businesses and organizations that want to learn about new technologies by doing, and not by blocking.”
Adding:
“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.”
Similar sentiments were echoed by Susan Nicholson, Australia Post’s Head of Business & Government Financial Services. Nicholson highlighted Australia Post’s leading role in making services easily accessible to all. She noted:
“Post Billpay has been one of Australia’s most trusted bill payment methods for over 20 years, and we’re pleased to now provide the ability for Bitcoin bills to be paid at a post office, which will come with a product enhancement that offers ID verification and real-time bill payment confirmation back to the biller.”
Australia Leading Bitcoin Adoption
The encouraging partnership between Australia Post and Cryptox.trade.au is a testimony to Australia’s receptive stance toward cryptocurrencies.
The island nation is among the global frontrunners when it comes to adopting crypto-assets and developing conducive regulations to promote the growth of digital currency businesses.
Earlier this month, BTCManager reported that a partnership between digital asset integrator Centrapay and Coca-Cola Amatil enabled Australians and New Zealanders to purchase soft drinks from vending machines via cryptocurrencies.
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