Bitcoin, Ethereum, Litecoin, IOTA, Ripple, Dash, Komodo and Bitcoin Cash available at over 400 post office branches across the country of Austria.
One of Europe’s leading retail exchanges for buying and selling cryptocurrencies Vienna-based Bitpanda are a new initiative that aids the 1,300 post partners that are selling cryptocurrencies.
There are up to 240 locations in Vienna and 176 locations in Linz to find Bitpanda To Go. Purchases are in three denominations: 50€, 100€ and 500€.
The customer can choose which cryptocurrency they would want and the selected crypto could be bought with cash using an email address at any post office branch in Austria. The cryptocurrency will then be sent immediately to an integrated wallet.
The goal of the Austrian post is to expand financial services for its customers to continue relevant and maintain strong earnings. The progress is placing cryptocurrencies for mainstream adoption.
In 2017, the company posted a 2.3% increase over the prior year while predicting a continued 5% annual drop in addressed letter mail volumes, while double-digit growth rates are assumed to appear in the Austrian parcel market – all thanks to the e-commerce boom.