Posted 9 months ago | by Ben Armstrong
Binance Fiat-to-Crypto Trading Platform for Australian Users
The launch comes at a time when Binance has been going through an enormous expansion as it acquires startups and launches new services, such as its crypto debit card. To take advantage of everything Binance has to offer to take your trading to the new level, make sure to click here.
A better Experience for Australian Users
The launch of Binance Australia will allow users to deposit AUD by using PayID directly from their bank accounts.
By linking their bank accounts, they will also be able to withdraw their funds securely and quickly by starting a withdrawal request.
Binance Australia is already available for use on desktop and mobile web, with Binance already working on providing App support.
Australian users can now access all features and benefits that Binance offers such as high speed, security, and deep liquidity, with a user-first model and the ease of access that using fiat money entails.
Australia is a Strategic Area for Binance
With the creation of Binance Australia, the company will be engaging and actively participating in the Australian Community and government to ensure regulations and standards are met.
Binance Founder and CEO Changpeng Zhao referred to this objective by stating:
“Australia has been at the forefront of blockchain innovation with favorable policies. By providing a secure and regulated platform for trading digital currencies with AUD, Binance Australia aims to make crypto more accessible among Australian users, furthering our mission to provide crypto access and drive freedom of money worldwide,”
Binance Australia will cater the Australian Market while still being part of the Binance Ecosystem, which means its users will have all the benefits and features Binance already offers with the added local benefits
An earlier version of Binance Australia existed since March of 2019 in the form of Binance Lite Australia, a brokerage service through a network of 1,300+ newsagents that allowed users to buy Bitcoin using AUD.
Binance has also joined with partners around the world to bring fiat-to-crypto gateways in countries like Singapore, Korea, Uganda, Jersey, and the United States, with Binance UK to follow shortly.
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