Crypto exchange Cointree has partnered with automated billing platform Gobbill to enable Australians to pay all their bills with cryptocurrency, whether the company accepts digital currency or not. The two companies will compete with popular Australian service Living Room of Satoshi.
“What we’re seeing is, like it or not, this will be part of our daily lives. Gobbill already let people pay bills from their cards or bank accounts, so now they can pay in cryptocurrency too,” says Gobbill Co-founder Shendon Ewans.
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“We only launched in the last year, and we have a small number of users, but the partnership with Cointree and with our other partnership with MyProsperity we’ll see more growth,” Ewans adds. “I have traded, but not very successfully. That was the appeal of Cointree. I’m a novice, and I’m surrounded by people at [FinTech co-working space] Stone and Chalk, who are deep crypto specialists.”
Gobbill is an authorised representative of an Australian financial services licence holder under ASIC. Cointree is licenced under AUSTRAC to comply with anti-money laundering and counterterrorist financing obligations.
Cointree launched in 2013, focusing on making it easy for the regular person to buy and sell Bitcoin. Today it has 60,000 registered users and has recorded about 100 million transactions. The exchange allows users to trade 40 cryptocurrencies, including Bitcoin, Ethereum, Ripple, NEO and Litecoin.
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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.