With more investors entering the cryptocurrency and Bitcoin marketplace, it’s never been more important to have a clearly defined game plan so you don’t lose money. The good news is that it’s simpler than ever to invest in digital assets these days, but there are still some key factors you need to consider before you […]
Australians can deposit money for a local Bitcoin exchange at the post office.
Australians can now pay for Bitcoin (BTC) at the country’s post offices, thanks to a new collaboration.
According to a June 24 announcement, customers of local cryptocurrency exchange Bitcoin.com.au will be able to pay for Bitcoin at more than 3,500 Australian Post offices.
The firm’s CEO Holger Arians explained that he believes the new payment option will make some people more comfortable with buying crypto:
“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.”
Bitcoin.com.au customers were already able to pay for Bitcoin at 1500 retail outlets in the Blueshyft payment network. Founded by Synthetix’s Kain Warwick, Blueshyft also services numerous other exchanges.
An increasing number of physical locations sell crypto
An increasing number of physical locations are now offering the opportunity for consumers to acquire cryptocurrencies. Bitcoin automated teller machines recently crossed the milestone of 8,000 units installed worldwide.
Cointelegraph reported that it is now possible to buy Bitcoin for cash at more than 20,000 retail locations across the United States including 7-Eleven, CVS and Rite Aid.
In September last year, all 7-Eleven stores across the Philippines also started selling crypto. At the beginning of 2019, a number of French tobacco shops did the same.
The 2017 bull run was the only one of its kind in the history of Bitcoin and cryptocurrency in general. Bitcoin rose from $1,000 to $20,000 in roughly 6 months while several altcoins gained several hundred percent. The effect is however long gone and some people are asking if such bull run will be experienced […]
Bitcoin is back above $9,600. While the 2% price change in 24 hours has been marginal, getting back above $9,600 is a key psychological move that could boost bullish sentiment. If this holds as support, traders will expect some big price action in the week. On the upside, bulls will be looking to reach $9,800 […]
Jim Rogers, who cofounded the Quantum Fund with billionaire investor George Soros, has shared his view on bitcoin, its use as money, and governments’ response to the growing use of cryptocurrency. He predicts that central banks will not let uncontrolled money be used. Jim Rogers Talks Bitcoin Famous investor Jim Rogers shared his prediction about […]
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