Top Foreign Exchanges Eye Australia, Is It the Next Crypto Hub? By CoinQuora
- Australians are much more keen to invest in foreign crypto-exchanges than their home counterparts.
- Foreign exchange competition has not affected home-based crypto exchanges.
Cryptocurrency has a long history. Australia’s dominant players may have established a margin of victory, but the new players aim to reduce that gap. According to the report, Australians hold a total value of $7 billion in crypto.
Four of Australia’s top crypto exchanges have expressed their opinion about the crypto industry’s exchange giants’ interest in Australia. It is due to the fact that more Australians indicate an interest in purchasing crypto.
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