Australian's Can Now Buy Bitcoin and Ether at 1,200 Newsstands
We're excited to report on another big move in the adoption of Bitcoin. Independent Australian cryptocurrency exchange, Bitcoin.com.au, has now made it possible to buy not only Bitcoin, but also Ethereum at over 1,200 newsstand locations across Australia. Bitcoin.com.au's CEO, Rupert Hackett, had this to say about the landmark entry to market:
As with the typical online-only way to purchase Bitcoin and Ethereum, buying from the newsstands is quite simple. One needs a mobile wallet, must purchase at least $50 AUD worth of BTC or ETH, provide a phone number and an email address. Using the store's mounted iPad Mini, the consumer merely needs to scan the QR code on the screen via the mobile wallet app on their phone; within about 20 minutes, the Bitcoin or Ethereum arrives to their wallet. In celebration of the new launch, today only (March, 1), they're offering zero fees on any purchase; which makes for a great deal compared to the normal fee of 5% on purchases.
The idea of purchasing a cryptocurrency may have seemed too foreign or daunting to get involved with for the uninitiated, but making it available in a familiar context will help to bolster greater acceptance and support of the everyday consumer. Never before have you been able to make a Bitcoin purchase, and also pick up a newspaper and coffee at the same time. For participating locations, please click here.