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Bitcoin Hit $80k AUD During The Weekend

April 12, 2021
in Australian Crypto News
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Binance Achieves Record Growth In Australia, Dominating AUD Trading Volumes
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Bitcoin reached A$ 80,000 last weekend on Binance Australia, a new record for BTC and the exchange after several weeks of consolidation.

Binance Australia also added three new tokens to trade on its platform: CHZ (Chiliz), BTT (BitTorrent), and THETA (Theta Network).

These three tokens have had an outstanding performance during the first quarter of this year, especially CHZ, which surged 1,600% as the altcoin market saw a boom while high-market cap currencies stagnated.

BSC Reaching New Milestones

The Binance Smart Chain (BSC) protocol achieved a new record on Friday by surpassing 5 million transactions daily — this is 300% more than what the Ethereum network can currently achieve.

As the number of users in the exchange grows, Binance Australia will host a masterclass for beginners keen to use the Binance Smart Chain on April 14. The event will be held virtually via Zoom or watch the Livestream on its official channel.

Bitcoin broke above $60,000 (A$78,600) moving past $61,000 (A$80,000) on April 12. Data from Glassnode suggest that large bitcoin holders (whales) are increasing their positions and accumulating BTC for the first time in over five months.

Buy and Trade Cryptos Using Aussie Dollars

Binance Australia has become one of the top exchanges in the country and more Aussies seem keen to invest in crypto using their AUD — this is why Crypto News Australia has covered a guide with all the necessary info to get started.

Coinjar also offers a great platform to buy BTC using AUD, especially for those who are venturing in the crypto space for the first time.

Another top exchange is Swyftx, which saw record trading volumes over the last two months. Swyftx’s founders were also featured on a list of top tech innovators in Australia, together with Jeff Yew — CEO of Binance Australia.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


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