With the help of Binance, Australian residents will be able to buy bitcoins in newsstands

The cryptocurrency exchange Finance has announced the launch of the Finance Lite Australia platform, through which Australians will be able to purchase bitcoin at more than 1,300 newsstands across the country.

In the message of the exchange it is noted that the new service provides for the possibility of buying only BTC, but in the future support for several other cryptocurrencies may be added.

The Commission for operations, however, will be 5%, it is unlikely that this option will appeal to privacy defenders: before using the service, customers will need to verify their account and undergo KYC/AML procedures. Verified users can place online orders, Deposit funds and receive bitcoins to their addresses "within minutes".

Note that a similar service with the same Commission of 5% a year ago launched a local bitcoin exchange.com.au. At the same time, it gives the opportunity to buy not only bitcoins, but also Ethernet.

In August 2018, thanks to the partnership between the Gobbill billing platform and the Cointree cryptocurrency exchange, Australian residents also have the opportunity to pay their bills with bitcoin and other cryptocurrencies, regardless of whether the business accepts digital assets.

www.binance.com