Australian Exchange CoinTree Adds Regular Bitcoin Purchases Feature
Australian Bitcoin exchange CoinTree announces a new option that will allow users to make recurring Bitcoin purchases from their standard bank account. This new feature will be available starting Tuesday, 26th of January 2016. To ensure the security of each user's accounts the new feature of automatic purchases will be available with at least a five days interval between regular purchases and capped at AUD $200 per order. “The limits are to deter internet banking fraud, which continues to rise in Australia. Regular purchases are designed to help people accrue bitcoin gradually over time,....
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CoinTree users can now automatically purchase bitcoin from their standard bank account at regular intervals, currently capped at AUD $200 per order, with at least five days between purchases. Already accepting cash deposits, BPAY and the Australian online payment system POLi for instant bitcoin purchases, CoinTree continues its focus on making the entry for new users to bitcoin as straightforward as possible. As the first Australian exchange to offer this feature, the goal for this new level of automation is to allow Australians to gradually accrue bitcoin over time, with a simple way to....
Two major Australian bitcoin exchanges – CoinLoft and CoinTree, have announced that ether, the cryptocurrency token of the Ethereum network, will now be available for purchasing on the platforms. In an announcement yesterday via a press release, leading Australian bitcoin exchange CoinTree revealed that users will – effective immediately – be able to swap bitcoin for a number of varying altcoins including ether, litecoin and DAO tokens. CoinTree co-founder Shane Stevenson said the following in a statement: While we continue to focus our efforts and support on bitcoin, we strive to lower....
The evolution of bitcoin exchanges over the past year and a half have been interesting. We've seen many exchanges come and go, and our Australian friends may be pleased to know their country now has another option for trading digital currency. It's called CoinTree, and it's based in Melbourne and run by two software engineers (who thankfully also happen to be members of the bitcoin community) who have a combined twenty years of experience in building global software (they also frequently attend the Melbourne bitcoin meetup if you want to meet them). From what I've observed, the website....
ANZ Bank has launched a stablecoin tethered to the Australian dollar, lowering the risk associated with digital asset purchases and encouraging more clients to use crypto. It is the first time an Australian bank has issued a digital asset tied to the Australian dollar’s value, and it may be the first time a major lender […]
The Bitcoin Association of Australia is pleased to see the expansion of cryptocurrency services within Australia with the recent addition of support from Coinloft and Cointree for Ether, Litecoin and DAO Tokens. As its President Adam Poulton says in an email to CoinTelegraph, “The new services provided by these two Australian exchanges add to the choice for Australian customers and ensures that developers and service providers can participate easily in these new marketplaces with trusted local providers”. Adding Ether. The two of Australia’s leading Bitcoin exchanges this week announced....