Express

Binance Rolls Out Fiat-to-Crypto Trading Platform in Australia

Lily Yang

Summary: Announced Wednesday, Binance officially launches Binance Australia, a fiat-to-crypto trading platform for Australian consumers. Australian users are able to deposit AUD directly from their bank account with zero fees through PayID, as well as linking their local bank accounts to Binance Australia to withdraw funds. Changpeng Zhao, the CEO of Binance, said in a statement: ...

Announced Wednesday, Binance officially launches Binance Australia, a fiat-to-crypto trading platform for Australian consumers.

Australian users are able to deposit AUD directly from their bank account with zero fees through PayID, as well as linking their local bank accounts to Binance Australia to withdraw funds.

Changpeng Zhao, the CEO of Binance, said in a statement: “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”.

Currently available on desktop and mobile web, Binance Australia’s App will soon be available.

By Lily Yang