Australian bitcoin exchanges announce Ethereum support
This is a paid press release and should be treated as advertising and promotional material. Bitcoin.com does not endorse nor supports this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy, quality, within the press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Two of Australia’s leading bitcoin exchanges, CoinTree and CoinLoft, have announced this week new services allowing users to purchase a variety of altcoins including ether, the cryptocurrency that powers the Ethereum network.
Alongside their established services which have primarily focused on making bitcoin accessible to the general public, they have now streamlined the process of acquiring ether.
As of Monday 13th of June, CoinTree users will be able to swap bitcoin for a variety of popular altcoins including ether, litecoin and DAO tokens; and CoinLoft users making deposits will now have the option of purchasing ether or bitcoin.
‘Ethereum is an exciting project with great potential in the area of smart contracts. ETH has been getting a lot of attention in recent months and we are proud to offer our customers this option.’
David Temple, Coin Loft Co-founder.
The move comes as welcome news for Australians interested in exploring altcoins and ushers in a new level of access to ether, a previously complex procedure requiring the use of multiple services.
‘While we continue to focus our efforts and support on bitcoin, we strive to lower entry barriers for all Australians interested in cryptocurrencies and are excited to announce this simplified service for buying altcoins.’
Shane Stevenson, CoinTree Co-founder.
This latest feature sees both Australian exchanges primed to capitalise on a growing interest in altcoins within Australia. Ethereum’s smart contract technology has seen a massive uptake in support and a corresponding price rise in the last 3 months. With the market cap currently almost double mid-April’s pricing at around $13million Australian dollars, the trend seems set to continue.
Visit www.cointree.com.au and www.coinloft.com.au for more info.
Related
Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet
At New York Consensus Invest Summit, Evercoin Inc. today announced Evercoin 2, the “safest hardware wallet”. Evercoin 2 provides a… read more.
Tokens.net Seals Partnership With Bitcoin.com as an Official SLP Partner
Simple Ledger Protocol (SLP) is a protocol for token creation on the Bitcoin Cash (BCH) chain, promoting tokenization of assets… read more.
