UK Post will start selling cryptocurrency next week

Buying digital assets will only be available to users of the EasyID app, which was launched by the British postal service in August
UK Post will start selling cryptocurrency next week

Post offices in the U.K. will begin selling cryptocurrency next week using vouchers from decentralized cryptocurrency exchange Swarm Markets, CoinDesk reported. UK residents will be able to buy vouchers and then activate them on the trading platform, exchanging them for bitcoin and Ethereum.

Only users of the EasyID identity verification app, which was launched by the British postal service in August of this year, will be able to purchase digital assets.

In 2019, the Liechtenstein Postal Service began trading bitcoin. When digital coins are purchased, residents of the European republic receive a physical wallet with encryption keys. In 2020, sales of the first cryptocurrency started in more than 3,500 post offices in Australia.

Latest news:

Standard Chartered predicted the growth of bitcoin to $100 thousand by 2022

Law recognizing bitcoin as a means of payment comes into force in El Salvador

Thai regulator demanded to revoke the license of cryptocurrency exchange Huobi

Partners