With Bitcoins best ever start to a year and the popularity of cryptocurrencies booming in Australia, it has led to massive growth for crypto exchanges in Australia.
With the first quarter of 2021 wrapped up, Binance Australia has reported record growth & milestones in terms of AUD trading volumes and the number of institutions signing up. They have also been ramping up their local presence in Australia with events, weekly meetups and online masterclasses.
Some of the highlights of 2021 already include:
Record AUD Trading Volumes
On the 11th of January, Binance Australia recorded over AUD $130 million in trading volume across all Australian Dollar (AUD) pairs in a single day. Then on the 23rd February the record was broken once again as the daily trading volume reached AUD $175 million.
This looks like a huge achievement for at least two reasons:
- It sends a clear signal about the size of cryptocurrency markets within the overall financial horizon in Australia.
- It made Binance Australia the top digital asset exchange in Australia by daily AUD trading volume, only 6 months after its launch in July 2020.
We are humbled to witness the rapid growth of the Aussie crypto sector. Users, volume, adoption are increasing like never before. The Binance Australia team and I are proud to serve you all as Australia’s top digital asset exchange.
Jeff Yew, CEO of Binance Australia
Australia Local Events and Media Presence
With so many projects and developments launched every day, it could be easy to focus only on the technological aspects of the innovation and get lost in the crypto space. Some companies seem to very aware of this risk, thus putting serious effort in establishing a face-to-face relationship with local communities. Binance Australia is definitely amongst those business who strives to connect with its customers, showing its own team not behind a computer monitor.
Aside from supporting the Australian Bushfire Donation, Binance Australia has also organised local events, including a meetup celebrating International Women’s Day in Brisbane.
Jeff Yew, the CEO of Binance Australia, has also been quite active in the media, for example being interviewed from Sky News Australia on the Business Weekend Show. He has also been featured as one of the brightest Aussies under 30.
With only 25% of the year complete so far, there is still lots of time for more growth, stay tuned for more updates.
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