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IOTA [MIOTA] can be purchased at Austrian Post Office branches – Bitpanda

Laira Rebecca

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IOTA [MIOTA] can be purchased at Austrian Post Office branches - Bitpanda
Source: Unsplash

Due to the popular demand by the cryptocurrency investors, the popular digital asset exchange Bitpanda recently announced the addition of Komodo [KMD] and IOTA [MIOTA] on its platform. The coins were listed on 12th and 14th June respectively.

Bitpanda is a cryptocurrency exchange platform based in Austria. It was founded in the year 2014 and was earlier known as Coinmal hosts cryptocurrency wallets and exchange platforms. Apart from IOTA and KMD, the platform supports 6 other coins such as Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], Ripple [XRP], Bitcoin Cash [BCH] and Dash.

A recent tweet by the Bitpanda team states that both KMD and MIOTA can be purchased using cash at various Austrian Post Office branches. This facility has been made available in over 400 Post Offices across the country. The investors are advised to have an email id using which the cryptocurrency purchase can be completed and the coins will be integrated with the Bitpanda wallet.

Bitpanda supports various fiat currencies which includes Euro, US Dollar, British Pound and Swiss Franc.

Dominik Schiener, the co-founder of Iota Token says:

“@bitpanda @iotatoken Next time I’m in Vienna I will definitely buy some #IOTA’s at the Post. Great job Bitpanda Team.”

A cryptocurrency enthusiast says:

“AMERICA USA don’t forget us, We want to buy IOTA easily without hassle… please IF bring IOTA to AMERICA”

Henrik Wallin, a Twitterati commented:

“Any plans to expand this services to other EU countries? In Sweden, @PostNordSverige has 1600 franchised “post offices” so 4 times as common as in Austria.”

IOTA [MIOTA] is currently trading at $1.03 with a market capitalization of $2.8 billion. The coin is at the 8th position in the market and has shown a gain of 4.86% in the past 24 hours. Whereas, Komodo [KMD] is at the 60th position at the time of writing. The coin is trading at $1.64 with a market capitalization of $171 million.


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Laira is a full-time writer at AMBCrypto. She is a Computer Science graduate and she has about 1-year experience in writing. Her enthusiasm and keen interest in developing her knowledge about blockchain and cryptocurrency led her to be a part of AMBCrypto. She currently does not hold any value in cryptocurrency or its projects.

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