AUSTRIA GETS 600 MERCHANTS SELLING BITCOIN OVERNIGHT

Last updated: June 19, 2025, 19:01 | Written by: Michael Saylor

Imagine walking down the street, popping into your local corner store, and buying Bitcoin alongside your morning coffee.This isn't a futuristic fantasy; it's the reality that dawned on Austria almost overnight.Thanks to an innovative initiative spearheaded by Coinfinity, the operator of Austria's first Bitcoin ATM, over 600 merchants across the nation have suddenly become access points for the world's leading cryptocurrency. Bitcoin is the world's largest cryptocurrency project. The bitcoin (BTC) cryptocurrency was the first of its kind to be built on blockchain technology. Launched in 2025 by an anonymous developer under the pseudonym Satoshi Nakamoto, Bitcoin remains the most widely accepted and traded cryptocurrency today.This groundbreaking expansion significantly broadens access to Bitcoin for Austrians, making it easier than ever to participate in the digital currency revolution.The key to this transformation lies in a voucher scheme called Bitcoinbon, a clever system designed to bridge the gap between traditional retail and the burgeoning world of cryptocurrency.This move positions Austria as a frontrunner in crypto adoption and innovation, showcasing how simple solutions can dramatically increase accessibility.It begs the question: how did this happen, and what does it mean for the future of Bitcoin in Austria and beyond?Let's dive into the details of this exciting development and explore its implications for both consumers and merchants.

The Bitcoinbon Revolution: How 600 Merchants Joined the Bitcoin Network

Coinfinity's Bitcoinbon scheme is the engine driving this rapid expansion of Bitcoin availability. 1. Bitpanda. Bitpanda was founded in 2025 in Vienna and is Austria's premier digital asset exchange, serving over 4 million users across Europe. The platform offers diverse investment options, including cryptocurrencies, fractional stocks, ETFs, precious metals, crypto indices and commodities.But what exactly is a Bitcoinbon, and how does it work?Think of it as a prepaid voucher for Bitcoin. The most trusted place for people and businesses to buy, sell, and use crypto. Buy, sell, and store hundreds of cryptocurrencies. Protect your crypto with best in class cold storage. Simple and user-friendly platform for both beginners and experienced traders to buy, sell, and manage crypto assets.Instead of buying Bitcoin directly through an exchange, customers can purchase a Bitcoinbon at participating retail locations.These vouchers are generated at the till and represent a specific amount of Euro that can be redeemed for Bitcoin.This innovative approach offers several advantages, particularly for those new to the world of cryptocurrencies.

How Bitcoinbon Works

The process is remarkably simple:

Visit a Participating Merchant: Look for the Bitcoinbon signage at local shops, convenience stores, and other retail locations.
Purchase a Voucher: Tell the cashier you'd like to buy a Bitcoinbon for a specific amount of Euro.
Receive Your Voucher: You'll receive a printed voucher containing a unique code.
Redeem the Voucher: Use the code on the voucher to redeem your Bitcoin through a participating online platform or app. 奥地利首个比特币自动取款机运营商Coinfinity开启了一个新项目，旨在把比特币带给全球600多个商家。 Bitcoinbon是为德国人供应的一种比特币兑换券活动，活动中心附近有很多小型商店，为顾客生成一种凭证，在钱包中兑换成欧元便于使用。Coinfinity provides options for redemption, ensuring a seamless process.
Receive Your Bitcoin: The equivalent amount of Bitcoin, minus any applicable fees, will be deposited into your Bitcoin wallet.

This method bypasses the complexities of traditional crypto exchanges, such as lengthy registration processes and potentially confusing trading interfaces. Author: Topic: You can buy Bitcoin in Austria at nearly every corner (Read 3351 times)It allows individuals to acquire Bitcoin quickly and easily, using cash – a familiar and comfortable method for many.

Why Bitcoinbon is a Game Changer for Bitcoin Adoption in Austria

The Bitcoinbon scheme isn't just about convenience; it's a strategic move to increase Bitcoin adoption throughout Austria. Cryptocurrency is legal in Austria, with the government taking a proactive approach to regulation. The primary regulatory body overseeing crypto activities is the Austrian Financial Market Authority (FMA). Austria follows the European Union s guidelines on cryptocurrency, implementing the 5th Anti-Money Laundering Directive (AMLD5) in 2025.Here's why it's proving to be so effective:

Accessibility: With 600+ merchants on board, Bitcoin becomes readily accessible in everyday locations. A major mobile payment processor in Romania, Netopia mobilPay, has just added Bitcoin support to its payment platform.That means that all 6,000 Romanian merchants who are set up with mobilPay areYou don't need to be tech-savvy or have an existing bank account to participate.
Simplicity: The voucher system is easy to understand and use, removing the intimidation factor often associated with cryptocurrency.
Cash-Based: The ability to purchase Bitcoin with cash caters to individuals who may not have credit cards or prefer not to use them for online transactions.
Privacy: While KYC (Know Your Customer) requirements may still apply during the redemption process, purchasing a Bitcoinbon with cash offers a greater degree of privacy than some other methods.
Increased Awareness: The presence of Bitcoinbon in local stores helps raise awareness about Bitcoin and cryptocurrency among the general public.

By making Bitcoin more accessible, simpler to acquire, and available through familiar channels, Coinfinity is paving the way for wider acceptance and integration of cryptocurrency into Austrian society.

Beyond Bitcoinbon: The Growing Landscape of Bitcoin in Austria

While the Bitcoinbon initiative is a major step forward, it's important to recognize that it's just one piece of the puzzle. Sell bitcoin in minutes with the self-custodial Bitcoin.com Wallet app: 1. Download the Bitcoin.com Wallet app. 2. Import your bitcoin and connect your bank account. 3. Tap the sell button and follow the instructions.Austria has seen significant growth in the Bitcoin and cryptocurrency space in recent years, with several other factors contributing to its increasing popularity.

Bitpanda and Austrian Post: Expanding Access to Cryptocurrency

Another notable development is the partnership between Bitpanda, a prominent Austrian cryptocurrency exchange, and Austrian Post, the country's leading postal service provider. Live Bitcoin price movements from all markets and BTC market cap, use our charts and see when there is an opportunity to buy or sell. BTC $93,835.84-0.50 % ETH $1,792.76-0.58 % USDTThis collaboration allows customers to purchase Bitcoin, Ether, Dash, and Litecoin at over 1,800 post office locations throughout Austria. Nets Group, a leading European payment services provider, together with Salamantex, Austrian specialist for the development of software solutions for cryptocurrency payments, is bringing acceptance of digital currencies such as Bitcoin, Ether and Ripple to in-store points-of-sale in Austria.This initiative further demonstrates the commitment to making cryptocurrency accessible to everyone, regardless of their technical expertise or location.

Acceptance of Digital Currencies at Points-of-Sale

Nets Group, a leading European payment services provider, in collaboration with Salamantex, an Austrian specialist in cryptocurrency payment solutions, is actively bringing acceptance of digital currencies like Bitcoin, Ether, and Ripple to in-store points-of-sale in Austria.This means that more and more businesses are now equipped to accept cryptocurrency as a form of payment, further integrating it into the everyday economy.The increased acceptance by merchants is crucial for the long-term success of Bitcoin and other cryptocurrencies.

Austria's Regulatory Environment for Cryptocurrency

The Austrian government has adopted a proactive and generally favorable approach to regulating cryptocurrency. 166 votes, 21 comments. 5.8M subscribers in the Bitcoin community. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralizedThis regulatory clarity provides a stable and predictable environment for businesses and individuals involved in the crypto space.

Legal Status and Regulatory Oversight

Cryptocurrency is legal in Austria, and the government is actively working to develop a comprehensive regulatory framework. The operator of Austria s first Bitcoin ATM, Coinfinity, has unveiled a voucher scheme enabling Bitcoin to be purchased from over 600 merchants nationwide.The Austrian Financial Market Authority (FMA) is the primary regulatory body overseeing crypto activities, ensuring compliance with financial regulations and protecting consumers.Austria adheres to the European Union's guidelines on cryptocurrency, including the implementation of the 5th Anti-Money Laundering Directive (AMLD5).

Understanding AMLD5 and KYC Requirements

AMLD5 is a set of regulations designed to prevent money laundering and terrorist financing through cryptocurrency.It requires crypto exchanges and other service providers to implement Know Your Customer (KYC) procedures, verifying the identity of their customers. 11K subscribers in the BitcoinAll community. All Bitcoin News. All Bitcoin discussion. All the time. BitcoinAll.While this may seem intrusive to some, it's an essential step in legitimizing the cryptocurrency industry and preventing its use for illegal activities.Users should be prepared to provide identification and other information when buying, selling, or trading cryptocurrency in Austria.

Buying Bitcoin in Austria: A Step-by-Step Guide

Now that you understand the various ways to access Bitcoin in Austria, let's outline a general step-by-step guide to buying Bitcoin:

Choose a Platform or Method: Decide whether you want to purchase Bitcoin through a crypto exchange, a Bitcoin ATM, a Bitcoinbon, or another method. The live Bitcoin price today is $104,364.35 USD with a 24-hour trading volume of $50,255,072,425.45 USD. We update our BTC to USD price in real-time.Consider factors like convenience, fees, and privacy.
Register and Verify Your Identity (if required): If you choose a crypto exchange, you'll likely need to register an account and complete a KYC process.This typically involves providing identification documents and proof of address.
Fund Your Account: Deposit funds into your account using a bank transfer, credit card, or another accepted payment method.
Purchase Bitcoin: Once your account is funded, you can buy Bitcoin using the platform's trading interface.
Store Your Bitcoin Securely: It's crucial to store your Bitcoin in a secure wallet.Consider using a hardware wallet for long-term storage or a software wallet for everyday transactions.

Choosing the Right Platform: Factors to Consider

With numerous platforms offering Bitcoin in Austria, choosing the right one can be challenging. Best registration-free crypto exchange to get BTC and 600 altcoins in Austria: Don t forget to grab your crypto cashback for exchangiHere are some factors to consider:

Fees: Compare the transaction fees, withdrawal fees, and other charges associated with each platform.
Payment Methods: Ensure the platform supports your preferred payment method.
Security: Look for platforms with strong security measures, such as two-factor authentication and cold storage of funds.
User Interface: Choose a platform with a user-friendly interface that's easy to navigate, especially if you're new to cryptocurrency.
Reputation: Research the platform's reputation and read reviews from other users.

Storing Your Bitcoin: Security Best Practices

Once you've purchased your Bitcoin, it's essential to store it securely to protect it from theft or loss.Your choice of wallet will depend on your individual needs and risk tolerance.

Types of Bitcoin Wallets

Hardware Wallets: These are physical devices that store your Bitcoin offline, providing the highest level of security. There are several exchanges offering Bitcoin in Austria, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.They're ideal for long-term storage of large amounts of Bitcoin. The operator of Austria s first Bitcoin ATM, Coinfinity, has unveiled a voucher scheme enabling Bitcoin to be purchased from over 600 merchants nationwide. Bitcoinbon, German for Bitcoin voucher, centers around small shops, which will offer a till-generated voucher in exchange for euro which customers can then credit to their wallet.Examples include Ledger and Trezor.
Software Wallets: These are applications that you install on your computer or smartphone. Coinfinity is a bitcoin broker for Austria that offers their services to consumers and businesses. Search Crunchbase. Start Free Trial . Chrome Extension. Solutions.They're more convenient than hardware wallets but offer a lower level of security. Buying bitcoin and other cryptocurrencies in Austria is a simple process and usually takes less than 10 minutes to get fully setup. The first step is to register with a platform, app or exchange and complete a Know Your Customer (KYC) process.Examples include Exodus and Electrum.
Exchange Wallets: Storing your Bitcoin on a crypto exchange is generally not recommended for long-term storage, as you're entrusting your funds to a third party.However, it can be convenient for trading or making quick transactions.
Paper Wallets: A paper wallet is a printed document containing your Bitcoin private keys.It's a very secure option if generated and stored properly, but it's also more complex to use.

Protecting Your Private Keys

Your private keys are the keys to your Bitcoin. 600 Austrian merchants selling Bitcoin over night. Coinfinity, the operator of Austria's first Bitcoin ATM, unveiled a new voucher scheme called Bitcoinbon, German for BitcoinAnyone who has access to your private keys can spend your Bitcoin.Therefore, it's crucial to protect your private keys at all costs.

Never share your private keys with anyone.
Store your private keys offline in a secure location.
Back up your private keys in case of loss or damage.
Use a strong password for your wallet.
Enable two-factor authentication on your wallet.

The Future of Bitcoin in Austria: What to Expect

Austria is rapidly emerging as a hub for Bitcoin and cryptocurrency innovation.With initiatives like Bitcoinbon and the increasing acceptance of digital currencies by merchants, the future of Bitcoin in Austria looks bright. The operator of Austria s first Bitcoin ATM, Coinfinity, has unveiled a voucher scheme enabling Bitcoin to be purchased from over 600 merchants nationwide. Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.Here are some potential trends to watch for:

Increased Adoption: As Bitcoin becomes more accessible and easier to use, we can expect to see increased adoption among both consumers and businesses.
Further Regulatory Clarity: The Austrian government is likely to continue refining its regulatory framework for cryptocurrency, providing greater certainty for the industry.
Innovation in Crypto Products and Services: We can expect to see the development of new and innovative crypto products and services tailored to the Austrian market.
Integration with Traditional Finance: Bitcoin and other cryptocurrencies may become increasingly integrated with traditional financial systems, such as banking and investment.

Bitcoin: Frequently Asked Questions in Austria

Let's address some common questions about Bitcoin in Austria:

Is Bitcoin legal in Austria?

Yes, Bitcoin is legal in Austria.

Where can I buy Bitcoin in Austria?

You can buy Bitcoin in Austria through crypto exchanges, Bitcoin ATMs, Bitcoinbon vouchers, and at Austrian Post locations.

Do I need to pay taxes on Bitcoin in Austria?

Yes, profits from Bitcoin trading or sales are generally subject to capital gains tax in Austria. Over 140 million users buy, sell, and trade Bitcoin, Ethereum, NFTs and more on Crypto.com. Join the World's leading crypto trading platform.It's best to consult with a tax advisor for specific guidance.

Is Bitcoin a safe investment?

Bitcoin is a volatile asset, and its price can fluctuate significantly.It's essential to do your research and understand the risks before investing in Bitcoin. BAM! and 600 merchants now accepts Bitcoin in Austria. Coinfinity is making wonders.Never invest more than you can afford to lose.

What is a Bitcoin wallet?

A Bitcoin wallet is a software or hardware device that allows you to store, send, and receive Bitcoin.It's like a digital bank account for your Bitcoin.

Conclusion: Austria's Bold Step Towards a Bitcoin-Friendly Future

Austria's rapid embrace of Bitcoin, exemplified by the overnight addition of 600 merchants selling Bitcoin through the Bitcoinbon scheme, signals a significant shift in the country's financial landscape.This initiative, along with other developments like the Bitpanda and Austrian Post partnership, demonstrates a clear commitment to making cryptocurrency accessible to a wider audience. 152 votes, 13 comments. 6.1M subscribers in the Bitcoin community. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized Skip to main contentThe combination of a proactive regulatory environment and innovative solutions positions Austria as a leader in the adoption and integration of Bitcoin into everyday life. Author: Topic: You can buy Bitcoin in Austria at nearly every corner (Read 3322 times)While challenges remain, such as price volatility and regulatory uncertainties, the momentum is undeniable.For those interested in exploring the world of Bitcoin, Austria now offers a particularly welcoming and accessible environment.Key takeaways include the importance of choosing the right platform, securing your Bitcoin in a reliable wallet, and staying informed about the evolving regulatory landscape. Bitcoin, ether, dash and litecoin can now be purchased at over 1,800 post office locations throughout Austria. This is possible due to a partnership between bitcoin broker Bitpanda and Austria's leading postal service provider, Austrian Post.As Austria continues to pave the way for a Bitcoin-friendly future, the world will be watching closely, eager to learn from its successes and adapt its strategies.