Globally Licensed Exchange Coins.xyz Debuts in Australia
Coins.xyz, a globally licensed cryptocurrency exchange, has officially launched in Australia, providing an easy-to-use platform with competitive fees for the country’s cryptocurrency traders and investors. With a commitment to transparency and regulatory compliance, the platform aims to provide an enhanced and trusted trading experience for Australian users.
Leadership and vision: Wei Zhou and Jeff Yew at the helm
Under the leadership of Wei Zhou, former CFO of Binance, and Jeff Yew, Founder and CEO of Monochrome, Coins.xyz is strategically positioned to provide Australian traders with seamless access to the global digital asset economy. Their focus on meeting Australian regulatory standards lays the foundation for building trust and encouraging transparency within the industry.
Competitive fee structure
Coins.xyz offers one of the most competitive fee structures in the Australian crypto market:
- Spot trading: 0.1% Maker fee and 0.15% Taker fee.
- Conversion function: Zero additional fees for buying and selling cryptocurrencies with just one click.
Compared to other leading platforms, Coins.xyz emerges as a profitable option:
- CoinSpot: Charges 0.1% for market orders, but imposes 1% fees on Take Profit, Stop, Limit orders and the Instant Buy, Sell & Swap feature.
- Swyftx: Trading fees start at 0.6% and swap trading fees reach up to 1.2%.
- Independent (LON:) Reserve: Trading fees start at 0.5%.
The lower fees provide significant savings for both novice and experienced high-volume traders.
Seamless and easy-to-use AUD deposits Interface (NASDAQ:)
Australian users can deposit AUD directly from their bank accounts effortlessly, ensuring fast and secure funding. Coins.xyz has prioritized user experience by offering an intuitive platform suitable for both beginners and advanced traders, making it easy to execute complex strategies.
24-hour customer service
In an industry where support can make or break the user experience, Coins.xyz sets itself apart with its 24/7 customer support. The platform ensures faster response times compared to the competition, ensuring that users have uninterrupted access to receive help when they need it.
The launch of Coins.xyz in Australia marks a pivotal moment for cryptocurrency enthusiasts looking for a transparent, affordable and intuitive trading experience. With industry-leading rates, regulatory compliance, and strong customer support, the platform is well-positioned to become the top choice for merchants.
