Australian online broker safewealth te bieden crypto trading

Excellence October adds crypto exchange to its platform. Following demand for cryptocurrencies, retail investors will soon be able to buy and sell cryptocurrencies on their platforms, the Australian online broker said.

The Commonwealth is responding to increased interest in cryptocurrencies, and after surveying 3,500 of the 95,000 respondents, they found that 30% had invested in cryptocurrencies and 38% planned to invest.

Commonwealth CEO kat Whitaker responds to update:

“Australians have decided that cryptocurrency has been here for a long time and are looking for reliable platforms to facilitate their investment decisions. We plan to provide cryptocurrency exchange functionality by the end of the year [… Dignity maintains its intention to offer an easy-to-use, low-cost, valuable wealth-building platform for all Australians. We will build without cheating and provide independent but reliable content and information to investors, & quot;

SelfWealth, one of the largest non-bank online brokers in Australia, has more than 95,000 investors and will have some of the most popular cryptocurrencies, including bitcoin and ether, on the platform at the end of the year.

It is the first major broker in Australia to allow investors to buy and sell cryptocurrency and trade local and US stocks using the ASX or chess clearing house electronic registration system on the same platform, the Chief Executive of Self Wealth added.

According to the Finder report, one in six Australians now own crypto. That represents 12% growth since the start of the year. While the implementation of cryptocurrencies in Australia remains limited due to concerns about volatility, the overall study results show that adoption of cryptocurrencies in Australia is on the rise.

DISCLAIMER: This article is for informational purposes only. It is not recommended or intended for use as legal, tax, investment, financial or other advice.

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