Widespread Adoption! Bitcoin can now be purchased with cash at US 7-11 stores and Australian post offices

Established in 2014, the Australian exchange Bitcoin.com.au is dedicated to providing the public with a safer and more convenient way to buy Bitcoin. Recently, after integrating a new partnership, Australian residents can now purchase Bitcoin (BTC) at local post offices.

Currently Open for Bitcoin and Ethereum

According to an announcement by cryptocurrency exchange Bitcoin.com.au on June 24th, users can purchase Bitcoin at over 3,500 local Australian post offices, with a minimum purchase of 50 USD and a maximum of 50,000 USD equivalent in Bitcoin or Ethereum (ETH).

The CEO of the exchange, Holger Arians, believes that this new payment method will increase the willingness of some people to buy cryptocurrencies. He stated:

For many people, buying Bitcoin at Australian post offices is safer than transferring funds online, especially for first-time cryptocurrency buyers. We are proud of this strategic partnership and appreciate Australia Post's continued support and openness to new technologies.

However, according to Australian government regulations, identity verification (KYC) is still required for first-time purchases through this method, and online verification will be done using Australia's "Digital ID."

Buying Cryptocurrency at Convenience Stores in Taiwan!

In fact, Taiwan's exchanges - BitoEx and MaiCoin - have introduced convenience store collection services early on. BitoEx exchange collaborates with FamilyMart, allowing customers to print payment receipts at FamiPort to purchase cryptocurrencies ranging from 100 NTD to 20,000 NTD, with a fee of 25 NTD and 1% of the transaction amount, and also offers activities to exchange Bitcoin for membership points.

On the other hand, MaiCoin collaborates with OK Mart, with a single transaction limit of 20,000 NTD. After placing an order on MaiCoin, the transaction will be held for 15 minutes, and payment can be made directly using the barcode displayed on the app.

Expansion of Cryptocurrency Trading into the Physical World

Since the introduction of Bitcoin, more and more trading services have emerged, and various payment methods continue to expand globally. Libertyx was founded in 2013 and introduced the first Bitcoin ATM the following year. According to the data platform Coin ATM Radar, the number of Bitcoin ATMs worldwide has surpassed 8,000, totaling 8,346 (compared to 5,000 last July).

In addition to expanding the number of Bitcoin ATMs, Libertyx announced partnerships with convenience stores 7-11, CVS, and RiteAid in the United States this week. Consumers can purchase Bitcoin with cash at over 20,000 stores in the U.S. Besides being able to purchase Bitcoin with a debit card at Libertyx ATMs, people in all 45 states of the U.S. can now easily acquire Bitcoin at partner stores.

However, according to a report by the ATM Industry Association (ATMIA), the number of traditional financial ATMs is estimated to reach 3.5 million this year. Therefore, compared to traditional ATMs, the current number of Bitcoin ATMs is still relatively small.