The Bitcoin is becoming increasingly popular in Australia, which not only shows through several merchants beginning to accept the cryptocurrency as a payment method, but also through the fact that more and more Bitcoin ATM's are being installed in the country to provide easy access to the coin.
Now another has been installed in Australia, this time in the city of Canberra, where ABA Technology opened up their third in the country and the first in Canberra. The Bitcoin ATM has been placed in the Canberra Centre next to the food court on the second floor.
You can buy and sell Bitcoins instantly with AUS $, however you will need to create an account by providing identification and undertake a verification process to be able to trade Bitcoins. It is expected to take between three to six minutes to buy or sell Bitcoins, which is faster than you can do it in most online exchanges.
The process is completely safe and secure and due to the authentication process it is very difficult for anyone to be able to steal any sort of information from the Bitcoin ATM's. Security is the most important aspect of any Bitcoin ATM and it is at the highest level with those ABA Technology installs.
Canberry has several different shops and cafe's accepting Bitcoin payments, which made it an ideal place to install a Bitcoin ATM.