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Residents of Australia will be able to buy Bitcoin in 1,300 retail outlets thanks to Binance

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The Binance Cryptocurrency Exchange will allow Australian residents to buy Bitcoin (BTC) directly from local merchants. 1,300 press distributors are participating in the program. This writes Trustnodes . According to the source, the official announcement will be published on Wednesday.

“Australia is an advanced jurisdiction in the context of blockchain- related innovations. We expect to contribute to this development with the help of Binance Lite Australia, ” – Trustnodes quoted Finance Director Binance, Wei Zhou.

Currently, the Binance Lite portal is in beta access mode and allows users to post applications online, as well as pass identity verification. After that, they need to visit one of the outlets to make a deposit. Then, the corresponding amount of cryptocurrency should be credited to their account.

“Binance Lite Australia contributes to the further spread of digital currencies by providing an easy way to buy Bitcoin . We are pleased to continue to open new crypto-fiat channels in various parts of the world to support the development of our industry, ” Zhou added.

According to the information on the Binance Lite website, the commission for using the service will be 5% plus statutory fees. In the future, the company may realize support for additional currencies, both digital and fiat, says Trustnodes.

Earlier it was reported that Binance may open a crypto-fiatnoy exchange in Argentina.

Date of publication: 20.03.2019
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