From next week customers using The Post Office’s EasyID app will be able to buy cryptocurrencies such as bitcoin.
The mobile app, while helps users to securely verify their age and identity in order to gain access to online services, can be used to make purchases on Swarm Markets, a decentralised cryptocurrency exchange.
With a few clicks on their phones customers will be able to purchase crypto vouchers which will be redeemable as Bitcoin or Ethereum.
Co-founder of Swarm Markets,
“By making it easy and safe to buy real Bitcoin and Ethereum, more people now have the option to get started in crypto and enjoy the benefits of
A spokesperson for The
The news comes after cryptocurrencies took a giant step towards mass adoption earlier this week with
The move raised eyebrows as a result of Bitcoin’s notoriously volatile price movements, with the currency losing 50 per cent of its value between April and May this year.
Swarm Markets claims to be the world’s first regulated Decentralized Finance (DEFI) protocol and has been licensed by BaFin, Germany’s financial watchdog. The price of Swarm Coin, the exchange’s native token, has jumped 4.25 per cent in the past 24 hours.
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