13 Jul '17, 12pm

Postal Service Customers in Austria Can Now Buy Bitcoin, Ether and More

Austrian postal services provider Österreichische Post has confirmed it is now offering offline exchange trading for bitcoin, ether, dash and litecoin in a collaboration with Bitpanda, a Vienna-based cryptocurrency exchange. Bitpanda first announced the service on July 11, and Österreichische Post later confirmed the news in an email with CoinDesk. As a result of the partnership, customers are now able to purchase €50, €100 and €500 vouchers at 400 official branches of the postal company, as well as its 1,300 partners across the country. The vouchers can then be redeemed for cryptocurrencies through Bitpanda's online platform. Bitpanda co-CEO Eric Demuth said that the offline transaction fee will be kept at 3 percent, the same as the exchange's online exchange fee, in a hope to push the adoption mainstream. While such a large partner could be seen as a potential profit dri...

Full article: http://www.coindesk.com/postal-service-customers-austria-...

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