WhiteBIT, the largest European centralized crypto exchange by traffic, has officially entered Australia with its cryptocurrency exchange platform. This expansion is the company’s most serious attempt yet to establish a foothold in the Asia-Pacific market. Alongside the new Australian dollar exchange, WhiteBIT, WhiteBIT.au was established in December 2024. With a vision to bring Australian users fast, secure and easy cryptocurrency transactions, it has facilitated the platform with amazing cryptocurrency trading tools.
The decision follows WhiteBIT’s recent registration with AUSTRAC as a Digital Currency Exchange Provider and Independent Remitter Dealer. Through this registration, WhiteBIT aims to reaffirm its commitment to regulatory compliance and security within the Australian market.
Australia presents an attractive landscape for crypto businesses due to its consistently growing average salary, investment culture, and access to a wide range of financial instruments. Interestingly, 9.6% of Australians already own digital assets, making it one of the most crypto-ready countries in the world. With WhiteBIT, we want to build on this current momentum and continue to lead the way for the adoption of blockchain technology in the region.
WhiteBIT is a member of the WhiteBIT Group, the region’s leading blockchain and crypto solutions provider. Having more than 35 million users across the globe, it’s still the best in the industry. WhiteBIT has 8 million registered users and is present in 7 countries. In doing so, it has unequivocally secured its place as a dominant player in the worldwide cryptocurrency space. Ludiex usage The exchange is built around the idea of ease and simplicity, making it user-friendly for both novice traders and professional investors.
Expanding into the Australian market presents a unique opportunity to engage with a highly crypto-savvy audience and a region that plays one of the crucial roles in the Asia-Pacific Region. Our goal is to contribute to the economic well-being and financial independence of both Australian and Asian communities while driving the adoption of blockchain technology on a global scale. This expansion marks a significant step in our mission to make crypto accessible to everyone. - Volodymyr Nosov, founder and president of WhiteBIT Group.
