Ku Coin has been reaching a lot of great heights in the market till date. Plus this is a good news too. This will make the market even more popular, something that we really need to attract more investors and to rectify the price levels of the coins in the market.
Topic: Crypto Exchange Invests $3 Million in Bitcoin Australia for Expansion - page 2. (Read 222 times)
September 14, 2018, 12:51:47 PM
September 14, 2018, 12:31:56 PM
It’s a great news for this market. I believe in near future they will expand U.S also and they will influence to other people to invest on this market.
September 14, 2018, 05:33:55 AM
As we can use cryptocurrency as a day to day payement. Kucoin is a easy way for people to use for what investment in thisn field is rising day by day for the place like this.
September 14, 2018, 04:59:30 AM
This is really a good news for the crypto market. This steps is going to boost the price of bitcoin and people largely connected to the market which enrich the value of bitcoin. I think Kucoin is getting hight to its value in future.
September 14, 2018, 04:28:30 AM
It can be assumed that in the coming days cryptocurrency boost the whole market. Mining and investing encourage different types of people to buy bitcoin which has a positive notion in this field. The others country also encourage to inter this crypto market in future.
September 10, 2018, 08:14:01 AM
If the news is true, thats a great news We are expecting such news which would help in boosting the market and making market sentiment positive as well.Such large investments only good firm like kUcoin can do and i also hope they expand to other countries as well and promote the crypto space in a more viable manner.I appreciate this action and would feel more happy if this keeps boosting the markets present trend.
September 10, 2018, 08:07:16 AM
Great milestone for KuCoin. I hope this last. I hope also that they expand also in U.S. Hope this encourage more users.
September 10, 2018, 07:52:20 AM
Singporean Crypto Exchange Invests $3 Million in Bitcoin Australia for International Expansion
Singapore-based cryptocurrency exchange KuCoin has marked its foray into Australia with a multi-million investment in a regulated domestic exchange, part of a new joint venture.
The Australian Financial Review is reporting that KuCoin has invested the AUD $3 million investment in Bitcoin Australia, a domestic exchange that enables bitcoin trading and ethereum buying, enabling the Asian exchange operator enter the Aussie market with a marked focus on high-end, advanced investors.
Bitcoin Australia will meanwhile use the newly gained finances to fund its own expansion efforts into retail investor markets around the world. Founded in 2015, Bitcoin Australia has a presence in Canada and the Netherlands beyond its shores presently. Chief executive Rupert Hackett claims the company’s own aggressive expansion will target 30 countries before the end of 2020.
While targeting different markets, both companies have “clear synergies” leading to the joint-venture, the executive said, telling the AFR:
“It will effectively create an exchange for intermediate and advanced traders, while we’re a mass market approach, making us quite synergistic. We’ll build the consumer-friendly retail experience for people entering the market, while supporting KuCoin for advanced traders”
A crypto-to-crypto only exchange, KuCoin is currently working on the alpha version of its fiat exchange that is expected to launch in Q4 2018.
The exchange has seen $10.5 million in transactional volume over a 24-hour period, according to data from CoinmarketCap. The exchange employs 300 people and has over 4 million users on its platform, according to the report.
“I want to confirm that this is true,” KuCoin chief executive Michael Gan said of the company’s investment. “This is not only a great strategic decision but will be an excellent long-lasting partnership for us to help cryptocurrency grow globally.”
Bitcoin Australia’s newly-gained investment toward expansion plans comes at a time when domestic exchanges are regulated by the Australian Transactions and Reporting Analysis Center (AUSTRAC). Introduced in April, the regulations mandate domestic exchanges to enroll in the watchdog’s register while complying with know-your-customer (KYC) and anti-money laundering & counter-terrorism financing (AML/CTF) norms.
https://www.ccn.com/singporean-crypto-exchange-invests-3-million-in-bitcoin-australia-for-international-expansion/
Singapore-based cryptocurrency exchange KuCoin has marked its foray into Australia with a multi-million investment in a regulated domestic exchange, part of a new joint venture.
The Australian Financial Review is reporting that KuCoin has invested the AUD $3 million investment in Bitcoin Australia, a domestic exchange that enables bitcoin trading and ethereum buying, enabling the Asian exchange operator enter the Aussie market with a marked focus on high-end, advanced investors.
Bitcoin Australia will meanwhile use the newly gained finances to fund its own expansion efforts into retail investor markets around the world. Founded in 2015, Bitcoin Australia has a presence in Canada and the Netherlands beyond its shores presently. Chief executive Rupert Hackett claims the company’s own aggressive expansion will target 30 countries before the end of 2020.
While targeting different markets, both companies have “clear synergies” leading to the joint-venture, the executive said, telling the AFR:
“It will effectively create an exchange for intermediate and advanced traders, while we’re a mass market approach, making us quite synergistic. We’ll build the consumer-friendly retail experience for people entering the market, while supporting KuCoin for advanced traders”
A crypto-to-crypto only exchange, KuCoin is currently working on the alpha version of its fiat exchange that is expected to launch in Q4 2018.
The exchange has seen $10.5 million in transactional volume over a 24-hour period, according to data from CoinmarketCap. The exchange employs 300 people and has over 4 million users on its platform, according to the report.
“I want to confirm that this is true,” KuCoin chief executive Michael Gan said of the company’s investment. “This is not only a great strategic decision but will be an excellent long-lasting partnership for us to help cryptocurrency grow globally.”
Bitcoin Australia’s newly-gained investment toward expansion plans comes at a time when domestic exchanges are regulated by the Australian Transactions and Reporting Analysis Center (AUSTRAC). Introduced in April, the regulations mandate domestic exchanges to enroll in the watchdog’s register while complying with know-your-customer (KYC) and anti-money laundering & counter-terrorism financing (AML/CTF) norms.
https://www.ccn.com/singporean-crypto-exchange-invests-3-million-in-bitcoin-australia-for-international-expansion/
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