Australians to be Able to Buy BTC & ETH at Newsagents

Bitcoin and Ethereum became closer to Australian people
02 March 2018   1515

The Australian cryptocurrency exchange Bitcoin. com. au has launched a new service, with which the country's residents can purchase Bitcoins and Ether for Fiat. Since March 1, this service has become available in more than 1200 newsagents, reports 9Finance.

When your product is totally digital it can be hard to gain trust from consumers because there's no tangible product being handed over. Using newsagents provides consumers with a convenient and trusted way for investors to buy cryptocurrency. Traditionally, the only people who knew about Ethereum or wanted to buy it were those who already had bought Bitcoin. But now that cryptocurrency is more well-known we found that Ethereum's cheaper price point made it a more digestible value proposition for buyers. 
 

Rupert Hackett 

CEO, Bitcoin. com. au

 Bitcoin. com. au, which has been operating for a year and a half, is described on the site as "one of the first independent bitcoin-exchanges in Australia". Since March 1, the site also began to support operations with Ethereum for the first time.

To purchase crypto-currency in newsagents participating in the program, users only need to register their own wallet. During the purchase, the seller will scan the QR code, after which the corresponding amount of coins will be transferred within 20 minutes, Hackett added. The minimum purchase amount is AUD 50 (about $ 39). The Bitcoin. com. au commission is 5%.

Bitifinex to Cooperate With Bitrefill

Exchange's users will be able to purchase products from the Bitrefill catalog with help of Lightning Network
05 December 2019   149

The Bitfinex cryptocurrency exchange has entered into a partnership with the service of replenishing mobile accounts and gift certificates Bitrefill.

Using Lightning Network (LN) technology, Bitfinex users will be able to purchase products from the Bitrefill catalog, which includes more than 2,000 digital gift cards and options for replenishing mobile accounts.

As soon as the user pays for the goods using Bitcoin, Bitfinex and Bitrefill automatically settle through the LN network, which makes transactions cheaper and much faster.

Bitcoin’s use as a means of payment represents an important milestone in the inevitable journey towards mass adoption. This is why the Lightning Network is so important. As an exchange, Bitfinex is at the forefront of developing solutions utilizing this technology.
 

Paolo Ardoino

CTO, Bitfinex

On December 3, Bitfinex integrated payment support through the Lightning Network.