UK postal service to offer cryptocurrency purchases at its offices via vouchers
UK postal service to offer cryptocurrency purchases at its offices via vouchers By Editor DailyBitcoin

Users of the Post Office’s EasyID identity verification app EasyID will be able to buy crypto using a voucher system from Swarm Markets

.

***

Post Office,

the UK’

s Post Office, will next week begin offering users the ability to buy cryptocurrencies through its identity verification service, EasyID

.

People using the EasyID app will be able to buy cryptocurrency vouchers on the decentralized exchange Swarm Markets. The coupons can be redeemed for Bitcoin or Ether

on Swarm’s platform.

EasyID

was introduced by the post office last August to help users securely verify their age, identity and other important details and gain access to services on other platforms.

Among the uses of EasyID is that it serves as proof of identity for collecting parcels and buying lottery tickets at Post Office branches, as well as proving who they are at Payzone

stores and gaining access to online services. Buying cryptocurrencies is the new activity enabled by the app.

About Swarm Markets

In

addition to giving users another route to buy cryptocurrencies, the integration can get more people exposed to decentralized finance (DeFi)

through

Swarm’ s performance farming offering. Swarm Markets users who put their assets into the platform’s liquidity pool are rewarded using its SMT payment token. Swarm Markets

, licensed by BaFin, said in July that it had added USD$15 million in pledged liquidity. BaFin is Germany’s financial supervisory authority.

More post offices

This isn’t the first time a country’s post office has offered the ability to buy crypto. In 2019, another European country, Liechtenstein, reported that it was offering the sale of Bitcoin

(BTC) as part of its product range.

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Also, Croatia’s postal service

tested in 2019 a cryptocurrency exchange service in its network of more than a thousand branches.

Sources: Coindesk, <a href=”https://

www.onepostoffice.co.uk/secure/latest-news/our-products/post-office-launches-easyid-app-for-customers/”>Post Office, archivo

Versión de DiarioBitcoin

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