Whitebit expands horizons: the launch of the encrypted currency

Vilnnis, Lithuania, April 15, 2025 (Globe Newswire) – Whitebit.au The platform was launched in December 2024, but this launch was preceded by months of internal work and preparation. Whitebit recorded as Austra as an exchange provider of digital currency and independent Remtter merchant. The company has just started increasing its activities in Australia, and plans to build on its already strong local team. As of now, immediate trading is available; However, the production line will continue to grow. The company focuses on providing the highest quality of products while staying within the regulatory approvals in each country.

Whitebit is the largest European traffic encoding exchange with traffic. It has 8 million users and offices registered in 7 countries, which is part of the Whitebit group, a pioneering ecosystem for Blockchain and Crypto solutions with more than 35 million users worldwide. This launch comes in Australia amid the increasing demand for encrypted currencies between Australian investors, creating an ideal environment for developing the infrastructure of digital assets in the region.

For Australian users, WhiteBit offers quick and safe transactions and access to a set of new cryptocurrency trading tools, making them ideal for all beginners and experienced traders.

The encryption is increased in Australia with the growth of the Investment Authority

according to Triple-A Data, 9.6 % of Australians already possess digital assets, highlighting the high level of dependency on encryption in the country. This creates an ideal environment for the continuous growth of the encryption industry, especially given the stable economy and increasing the popularity of currency investments crying among younger Australians.

Despite its complexity, Australia offers an attractive scene for encryption companies. The nation is proud of a flexible economy that steadily recovers from post -ponds challenges. With the constantly increasing salary, Australians have financial means, investment culture and access to a wide range of financial tools. It is worth noting that derivatives and cryptocurrencies are among the favorite options for younger investors.

The infrastructure of the country’s encryption market is well developed, with clear regulations and a fixed legal framework that ensures the presence of an organized environment for players in this field. As a result, local and international encryption companies are actively expanding their presence, and competing to meet the needs of Australian investors.

Volodymyr Nosov, founder and head of the Whitebit group, comments, “The expansion of the Australian market represents a unique opportunity to engage with a very smart audience and a region that plays one of the decisive roles in the Asia Pacific region. Our goal is to contribute to economic well -being and financial independence in both Australian and Asian societies while leading Blockchain technology on a global scale.

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