The authorities-owned put up an office in Liechtenstein has initiated a cryptocurrency alternate provider, setting out with Bitcoin. Situated in the capital town of Vaduz, the post workplace plans to feature four other cryptocurrencies in due route.
The legit announcement became made on Feb. 15, using the Liechtensteinische Post AG that marked the start of BTC selling at the counter of the publishing office in the capital town of Vaduz. The new trade of cryptocurrencies in its publishing offices is part of the publishing office’s look for new enterprise opportunities.
After a preliminary phase, the carrier may be prolonged to other post workplaces, and new cryptocurrencies will also be added. As and while these offerings are activated, the customers may want to exchange bitcoin (BTC), ethereum (ETH), litecoin (LTC), bitcoin coins (BCH) and ripple (XRP).
Furthermore, after a consumer makes a BTC purchase, they’ll acquire “a bodily crypto wallet” which includes both public and private keys, as stated within the declaration.
Partnership with Värdex Suisse
The publish further explains that “not anything is distinct” when it comes to including cryptocurrencies into the present carrier as the Swiss Post had usually been in “the conventional cash trade business.”
The carrier furnished is in collaboration with Zug-based Värdex Suisse. The organization describes itself as “Switzerland’s biggest, financially regulated blockchain and POS network operator. ” A member of the Financial Services Standards Association (VQF) it’s also a part of the Crypto Valley Zug network.
Company’s website further states that “Värdex Suisse is operating the largest crypto ATM network in Switzerland,” lists a total of 26 places, all of which assist BTC, ETH, and LTC. As in step with the statistics from Coinatmradar, Switzerland has 48 cryptocurrencies ATMs. 13 machines in Zurich, six in Basel, 5 in Geneva. Other predominant ATM operators include City, with six places and Bitc with 14 locations.