11-year-old fintech company SelfWealth has announced that it has signed with a longtime digital asset exchange to become Australia’s first “broker” to offer cryptocurrency.
SelfWealth on February 15 According to the press release, the local cryptocurrency exchange aims to enable its customers to keep their digital assets under one roof. with BTC Markets signed an agreement.
SelfWealth CEO Cath Whiataker said in a statement:
Currently, he has to move money multiple times before he can switch between popular investment vehicles. We wanted to invest in cryptocurrencies as smoothly as possible.
said.
SelfWealth said in a statement that it is pending approval from financial watchdog AUSTRAC. five cryptocurrencies But he didn’t say which ones.
Caroline Bowler, CEO of Australia’s local cryptocurrency exchange:
Although the interface is different, we still trade on our exchange, so the system is not different. If you already have a SelfWealth account, you do not need to create a BTC Markets account.
made statements.
The company customers more than 30% He explained that they took such a step after learning that more of them were interested in cryptocurrencies.
to 120,000 Stating that it has close active members, SelfWealth said, 8 billion dollars said it is Australia’s fourth-largest brokerage platform by asset. In the country from 800,000 It is estimated that many people are trading cryptocurrencies.