Although it has been over 10 years since the first cryptocurrency, this market is still considered relatively young. Its extremely dynamic development can be seen only in less than three years, and so from the time when, as a result of the dynamic growth of Bitcoin’s value, public awareness and knowledge about this market and the technology behind it started to grow equally dynamically.
You can buy BTC in a post office
Because, according to many people, Bitcoin was created in order to become a global currency that will be able to compete or maybe even replace such monetary units as EUR or USD, it requires universal and unlimited access. For this purpose, bitomats were created, so ATMs through which we can buy or sell BTC. From today, you can also buy them at post offices.
In Liechtenstein, which from today (February 16, 2019) offers cryptocurrency exchange services in one of its points. At this moment, customers can exchange cash only for BTC and this service is available only in one of the mail branches in Vaduz, the capital of the country. Ultimately, however, the service will also be introduced in other offices throughout the country. In addition, in addition to BTC, customers will also be able to exchange Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and Ripple (XRP).
It is worth mentioning, however, that the post office in Liechtenstein only allows the purchase of a unilateral exchange of cash for cryptocurrencies. After purchase, each customer receives a physical wallet that generates public and private keys.
In order to implement this service, the post office in this small mountain country between Austria and Switzerland has established cooperation with Värdex Suisse AG – a Swiss regulated provider of blockchain and payment services. The press release stated that cryptocurrency exchange services are not different from traditional money exchange services.
Switzerland and Lichtenstein belong to the world’s top countries using cryptocurrency and blockchain technology. Despite the “cryptocurrency of winter”, the number of startups in both countries is constantly growing. In December 2018 there were 750 companies operating there, using the technology of distributed accounting books, which is a 20% increase compared to the same period of 2017.