Austria-based European cryptocurrency broker and exchange BitPanda today has announced a new service called “BitPanda to go“ which allows fast, safe and inexpensive access to bitcoin at 1,800 Österreichische Post AG branches all over Austria. At any of these locations, buyers can change cash into bitcoin in blocks worth 5€, 100€, or 500€.
After purchase, users will receive a code on a receipt, which can be entered on bitpanda.com/togo. From there, users can see the current exchange rates for the respective currency. The buyer can then select the chosen digital currency they want including Bitcoin, Ethereum, Dash or Litecoin and after entering the code, within seconds the amount of the chosen currency will be transferred into their wallet.
Those prices are final and no further fees will be charged. An account with a valid e-mail address is all one needs to use the service.
The BitPanda team stated:
“The cooperation between Europe’s leading digital currency platform and the traditional Österreichische Post AG which has the best distribution network, proves the fact, that Bitcoin is no longer only a topic of a small community, but is now triggering a fundamental breakthrough in the economy and society.”
“Among other things, the main goal of BitPanda was to offer fair prices for the “offline” purchase of Bitcoins. With the ‘Österreichische Post AG’ as a partner, it allows them to offer the digital assets at cost. This means, that the fee structure by ‘offline’ purchases via cash is finally aligned with the inexpensive ‘online’ conditions. Thus, the currencies manage to step further away from their somewhat dubious image and towards a popular and accepted investment and payment method.”