Unlike its neighbor Germany, which continues to struggle with the economic and political recognition of digital currencies such as Bitcoin or Litecoin, Austria is already significantly further ahead in several respects. For years, new crypto startups have been gradually emerging in the country, which in some cases are setting important signals for the crypto market, not only in Europe. An important indication of the increasing acceptance in the Alpine republic is, without question, the increasing number of crypto ATMs. Current statistics show that there are almost 200 Bitcoin ATMs spread across the country, although of course other digital currencies such as Ethereum or Litecoin can also be purchased at the terminal in many places. <\/p>\n
Germany<\/a> can, at least so far, only dream of such an ATM supply. As expected, most ATMs for crypto purchases in Austria are located in or around metropolises such as Vienna or Salzburg. All in all, the development is extremely pleasing from an investor’s perspective. <\/p>\n When authorities get involved in the market and recognize the needs of citizens, this is normally a special indication of the establishment of new products and services. And Austria has done a lot in this area in recent years. In the spring of 2019, the Austrian Post even took the next logical step, so to speak. Together with the company Kurant GmbH, the Post launched a test run. Since then, customers have been able to buy Bitcoin<\/a> at the ATM and also sell it via their own wallet in (initially in three selected) branches. Initially, the locations Bregenz, Linz and Salzburg were chosen as the project base for the BTC ATMs. A network expansion was planned from the beginning. These measures were an important aspect so that more trust in digital currencies could be created and continue to be created in the country as a whole. <\/p>\n Users of the ATMs are not granted any price advantages, and the fees at the ATM are often higher than online via exchanges. However, crypto fans in the country still appreciate the greater flexibility. <\/p>\nBuying Bitcoin \u2013 Conveniently Possible at the Post Office in Austria<\/h2>\n