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Top Foreign Exchanges Eye Australia, Is It the Next Crypto Hub?


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8c3937d6a805c13b705e3d5d49b26e19Cryptocurrency1 hour ago (Sep 19, 2021 03:30AM ET)


Top Foreign Exchanges Eye Australia, Is It the Next Crypto Hub?

  • Australian locals show more interest in foreign crypto exchanges than their domestic counterparts.
  • Home-based crypto exchanges remain unruffled despite competition from foreign exchanges.

Cryptocurrency is here to stay! While big players have set a competitive margin in Australia, the emerging players are out to shrink the gap. As per the report, Australians have accrued a total of $7 billion worth of crypto.

Four of Australia’s top crypto exchanges have expressed their opinion about the crypto industry’s exchange giants’ interest in Australia. This is because more percentage of Australians have indicated interest to buy crypto in the future.

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