Vilnius, Lithuania, April 15, 2025 (Globe Newswire) – The Whitebit.au The platform was launched in December 2024, but this launch was preceded by internal and preparation months of work. Whitebit registered with Austrac as a supplier of exchange of digital money and independent reseller. The company is just starting to increase its activities in Australia, planning to rely on its already strong local team. Currently, points trading is available; However, the range of products will continue to grow. The objective of the company is to provide the highest quality products while remaining in the regulatory approvals of each country.
Whitebit is the largest exchange of European centralized crypto by traffic. It has 8 million users and offices recorded in 7 countries and is part of the Whitebit group, a large ecosystem of blockchain and crypto solutions with more than 35 million users worldwide. This launch in Australia takes place in the middle of the growing cryptocurrency demand for Australian investors, creating the perfect environment for the development of the digital asset infrastructure in the region.
For Australian users, Whitebit offers fast and secure transactions and access to a range of new cryptocurrency negotiation tools, making it ideal for beginners and experienced traders.
The adoption of crypto in Australia increases as the investment interest increases
According to Triple-a Data, 9.6% of Australians already have digital assets, highlighting the high level of adoption of cryptography in the country. This creates an ideal environment for the continuous growth of cryptographic industry, in particular given the stable economy and the growing popularity of cryptocurrency investments among young Australians.
Despite its complexity, Australia has an attractive landscape for cryptographic companies. The nation has a resilient economy which regularly recovers post-drying challenges. With an average salary in constant growth, Australians have financial means, an investment culture and access to a wide range of financial instruments. In particular, derivatives and cryptocurrencies are among the preferred options for young investors.
The country’s cryptographic market infrastructure is well developed, with clear regulations and an established legal framework guaranteeing a structured environment for industry players. Consequently, local and global crypto companies actively expand their presence, in competition to meet the needs of Australian investors.
Volodymyr Nosov, founder and president of Whitebit Group, Comments, “The extent on the Australian market presents a unique opportunity to engage with a highly crypto-averted audience and a region that plays one of the crucial roles in the Asia-Pacific region. Our objective is to contribute to the adoption of economic technology and the financial independence of the Australian and Asian brand while leading to our mission to make believe on a global scale.
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