The world’s largest cryptocurrency exchange Binance has launched a beta version of its service called “Binance Lite Australia,” which can buy bitcoins at stores in Australia, The Next Web reported on 19th.
The official website titled “Easiest Way to Buy Bitcoin in Australia” (the easiest way to buy Bitcoin in Australia) describes how to use the service.
First, users enter their order online and complete KYC and AML. We then settle in cash at over 1300 newspaper stores in Australia (stores like convenience stores and kiosks) and receive bitcoins.
The website also includes the current Bitcoin price and a map of available newspaper stores.
The fee for using the service is 5%, and the minimum purchase price is set at $ 50 (approximately 4,000 yen) and the maximum purchase price is set at $ 1,000 (approximately $ 80,000).
Article Source: Binance Lite Australia, The Next Web
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