Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is now available in Australia. The firm announced the launch on Monday, adding that users can now buy and sell bitcoin (BTC) and ether (ETH) using Australian dollars (AUD).
To celebrate the launch, Binance is offering zero fees on AUD deposits and withdrawals for a limited time. The exchange will also offer discounts on trading fees to users who hold its native token, Binance Coin (BNB).
Binance first announced its plans to enter the Australian market in August, when it revealed that it had partnered with local payments processor TravelByBit to enable AUD deposits and withdrawals. At the time, Binance said it would also offer “competitive trading fees” to users in Australia.
NOTE: Warning: Binance is not available in all countries. Before using the service, please ensure that it is available in your country. Furthermore, trading on Binance carries a risk of financial loss and you should always be aware of the risks involved when using any cryptocurrency exchange.
The launch of Binance’s Australian exchange comes as the country’s regulators are cracking down on cryptocurrency businesses. In August, the Australian Transaction Reports and Analysis Centre (AUSTRAC) ordered local exchanges to register with the financial intelligence agency or face “significant penalties.”
In response to the AUSTRAC order, Binance said it would comply with all “relevant local lAWS and regulations.” The exchange also said it would set up an office in Australia and hire a local team to support its expansion into the country.
The launch of Binance’s Australian exchange is a significant development for the cryptocurrency industry in Australia. It provides a major boost to the adoption of digital currencies in the country and gives users access to one of the world’s largest cryptocurrency exchanges.
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Binance, the world’s leading cryptocurrency exchange by trading volume, is now available in over 190 countries. The popular digital currency exchange can now be accessed in Algeria, Bahrain, Iraq, Kuwait, Lebanon, Oman, Morocco, and Palestine. The expansion into these new markets comes as part of Binance’s mission to make crypto more accessible to everyone around the globe.
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Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance was founded in July 2017 by Changpeng Zhao and Yi He.
Binance is a cryptocurrency exchange that was founded in 2017. The company is based in Malta and has offices in Taiwan and Japan. Binance is one of the largest cryptocurrency exchanges in the world with a daily trading volume of over $1 billion.
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Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is headquartered in Malta. The island nation has become a hub for cryptocurrency and blockchain companies, with its friendly regulations and tax incentives. Binance CEO Changpeng Zhao has said that the company may eventually move its headquarters to another country if Malta’s regulations become too strict.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance was founded in July 2017 by Changpeng Zhao and Yi He.
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