One of the world’s largest cryptocurrency exchanges by volume Binance announced Binance Lite Australia, a new platform to buy crypto to support adoption of cryptocurrency use in Australia.
The leading cryptocurrency exchange announced the launch of Binance Lite Australia today on their official blog post. The Binance Lite will enable easiest way to buy Bitcoin with cash in Australia. Binance Lite Australia is the first Binance wing to establish on the blockchain continent. According to the report it provides a secure and reliable cash-to-bitcoin brokerage service through a network of 1,300+ supported Newsagents across Australia.
The report suggests in the near future the exchange plans to support more cryptocurrencies and fiat purchasing options. Currently Binance Lite Australia currently offers the option to buy bitcoin in Australia using cash (AUD). The new launch clearly bridges the gap between cash and cryptocurrency. Binance Lite Australia provides a user-friendly platform. The firm believes that by adopting Binance Lite, cryptocurrency adoption in Australia will increase with much positive approach.
Wei Zhou, Binance CFO said,
Binance Lite Australia is simple and easy to user friendly and guarantees maximum security in order processing technology. After the verification of account on www.binancelite.com, Binance Lite Australia users can order online and deposit cash at the nearest Newsagent store. Within minutes users will receive the cryptos.
The firm believes the Binance Lite Australia launch will benefit the company and find a foremost place in Blockchain Innovation Island.
Zhou further added,
In January of 2019, the exchange integrated credit card payments on Binance.com and launched one of the lowest priced exchanges for trading Euros and British Pounds with BTC and ETH, Binance.je, a fiat-to-cryptocurrency exchange. It offers zero deposit fees.