Bitcoin : Binance opens crypto-fiat exchange in Australia

The number 1 cryptocurrency exchange announced the launch of Binance Australia, a dedicated crypto exchange for Australia with the Australian dollar as its base currency.

On its website, Binance said its new crypto exchange provides a platform to buy, sell and trade digital assets, like Bitcoin, for the Australian dollar (AUD).

Australia has been at the forefront of blockchain innovation with supportive policies. By providing a secure and regulated platform for digital currency trading with AUD, Binance Australia aims to make crypto more accessible among Australian users, thus continuing our mission to provide crypto access and foster the freedom of money in the around the world, ”commented Binance CEO and Founder Changpeng Zhao.

The launch of Binance Australia follows the deployment of a previous service launched by Binance in Australia. In the spring of 2019, the firm launched a Bitcoin buying service called Binance Lite in over 1,300 Australian newsstands.

Today, Binance provides crypto-fiat exchanges dedicated to Singapore, in South Korea, in Uganda, at Jersey and to United States.

The crypto industry giant now plans to take over the UK with the launch of Binance UK in the coming months.

These trading platforms allow users to easily and securely buy and sell digital currencies with certain local currencies, ”Binance says.