Residents of Australia will be able to buy BTC and ETH in Newsstands

The Australian currency exchange exchanger Bitcoin.com.au made it possible to purchase Bitcoin and Ethereum for Fiat in more than 1200 newsstands throughout the country. "The fact that you can now buy Bitcoin and Ethereum from the same place you purchase soft drinks and stationery really speaks to how institutionalised cryptocurrency has become [...] For anyone who has hesitated about buying Bitcoin because it all seemed too complicated, this is the perfect setup that takes the fear factor out of investing in digital currencies", said Bitcoin.com.au CEO Rupert Hackett.

According to him, to purchase cryptocurrency in kiosks, users need to register a personal electronic wallet on their own. At the time of purchase, the seller scans the QR code, and then transfers the corresponding amount of coins. The confirmation takes up to 20 minutes. The minimum purchase amount is AUD 50 (about $ 39). The Bitcoin.com.au commission is 5%.