KuCoin Invests in Leading Australian Cryptocurrency Exchange Bitcoin Australia for Global Expansion
Partnership between KuCoin and Bitcoin Australia will provide both parties exposure to new markets and allow for the cooperation on innovation financial services.
SINGAPORE – Sep 11, 2018 – KuCoin, a Singapore-based international cryptocurrency exchange, today announced an investment in and partnership with leading Australian cryptocurrency exchange Bitcoin Australia. This strategic partnership will provide both parties exposure to new markets and allow for the cooperation on the creation of innovation financial services such as superannuation.
Australia is one of the countries that holds a positive attitude to digital assets. It fast-tracked the implementation of regulations and adopted blockchain technology which powers many digital currencies. This partnership will enable KuCoin to approach more potential users, and the company is committed to work with Bitcoin Australia to improve cryptocurrency knowledge in the market. Meanwhile, with the huge global customer base of KuCoin, Bitcoin Australia will find it easier to bring its financial services to more countries.
Michael Gan, CEO of KuCoin said “Australia has always been acclaimed for its digital friendly economic policies and it is moving towards a blockchain future. This investment will increase our presence in this country. Also, we see it as not only a great strategic decision but as a wonderful long-lasting partnership to help grow cryptocurrency globally together. Something that both businesses are incredibly passionate about.”
Ben Ingram, CEO of Bitcoin Australia said “We see this partnership as an amazing opportunity to improve access to digital currencies in Australia and to support our global expansion into over thirty countries in the next twelve months. We also have a clear goal to build out our suite of innovative crypto financial services such as superannuation.”
As one of the largest cryptocurrency exchanges, KuCoin has more than five million users in over 100 countries. It is known as an exchange that specializes in discovering “hidden gems” of the crypto-world. To this end, KuCoin recently launched Global Titan Ambassador Program, finding industry-leading experts to team up with KuCoin research team. Ian Balina, Breyer Labs and NEO Global Capital have been announced to be the first three ambassadors.
About KuCoin – The People’s Exchange
The KuCoin Exchange opened for cryptocurrency trading in September 2017 and has enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries.
About Bitcoin Australia
Bitcoin Australia is an Australian cryptocurrency exchange that buys and sells Bitcoin and Ethereum on their platform. They are ambassadors for Bitcoin and are proud to be developing the industry and technology. Bitcoin Australia promises to be a fair and objective source for the latest cryptocurrency news and educational content.