Binance has announced the launch of a ‘new’ platform in Australia to buy Bitcoin with cash across 1,3000 Newsagent locations across the country. The exact same service, however, already existed for over year.
Binance Sets Foot in Australia
The world’s largest cryptocurrency exchange by trading volume, Binance, has launched a cash-to-crypto platform in Australia, called Binance Lite Australia.
The service allows users to purchase Bitcoin with cash through a network of over 1,300 Newsagents stores across the country.
Per the release, the service currently only allows users to buy bitcoin using Australian Dollars (AUD), but it plans to support more fiat purchasing options and other digital currencies in the future.
Speaking on the matter was Binance’s CFO, Wei Zhou, who said:
Binance Lite Australia further expands digital currency adoption by providing easier ways to buy bitcoin. We are excited to continue to roll out more fiat to crypto gateways around the world to support the growth of our industry. […] We firmly…