Today, Binance, the world’s largest digital currency exchange, and trading platform launch BINANCE Australia, a Fiat-to-crypto trading platform that provides Australian users with a fast, secure, and reliable platform to buy and exchange digital currencies for the Australian dollar (AUD).
Binance Australia will subsequently allow Australian users to deposit AUD, USD, EUR, GBP, NZD, AUD, and other digital currencies without fees. To withdraw the money, users can link their Australian bank account to Binance Australia or request a withdrawal and pay with PayID.
While the platform is available for desktop, mobile, and web, Binance Australia has a free, open-source, cross-platform, multi-currency trading platform. Australia has been at the forefront of blockchain innovation with favorable policies, with the introduction of the Australian Blockchain Technology Act in 2014 and several other initiatives.
Binance Australia provides a fully functional platform for crypto trading and trading on the platform, and we want to make crypto more accessible to Australian users, thereby furthering our mission to provide crypto access and promote freedom of money worldwide, “said Dr. Michael Koo, Chief Executive Officer of Binance.
To serve the Australian market, Binance Australia is connected to the broader B-Finance ecosystem by providing Australian users with access to all of B Finance.com’s features, including high-speed security and deep liquidity.
The firm has incorporated a localized approach to our services to ensure the best possible user experience for our customers in Australia and our partners.
Binance Australia is contributing to the growing efforts of the Bitcoin Foundation to facilitate access to the digital currency for users who want to buy and trade digital currencies worldwide.
Binance formed a joint venture with leading global partners in October 2016 to create a Fiat-to-crypto trading platform in the UK in partnership with the London Stock Exchange (Binance UK).
Each of these trading platforms allows users to buy and sell digital currencies in selected local currencies quickly and securely. Binance launches Binance Lite Australia to provide a secure and reliable online banking brokerage service based on POLi payments, allowing users to purchase Bitcoin in AUD and trade Bitcoin in other currencies in the local currency.
Last year Binance made a strategic investment in the online travel agency TravelbyBit, which allows users to book flights and hotels in digital currency. Binance Australia has continued its mission to integrate digital currencies into people’s daily lives with the launch of its first digital currency trading platform, Binance.