Globally Licensed Exchange Coins.xyz debuts in Australia

Coins.xyz, a globally licensed cryptocurrency exchange, has officially launched in Australia, bringing a user-friendly platform with competitive fees to the country’s crypto traders and investors. With a commitment to transparency and regulatory compliance, the platform aims to provide a reliable and enhanced trading experience for Australian users.

Leadership and vision: Wei Zhou and Jeff Yew at the helm

Led by Wei Zhou, former Binance CFO, and Jeff Yew, Monochrome founder and CEO, Coins.xyz is strategically positioned to provide Australian traders with seamless access to the global digital asset economy. Their focus on complying with Australian regulatory standards sets the stage for building trust and promoting transparency in the industry.

Competitive fee structure

Coins.xyz offers one of the most competitive fee structures in the Australian crypto market:

• Spot trading: 0.1% producer fee and 0.15% producer fee.
• Convert function: Zero extra fees for buying and selling cryptocurrency with a single click.

Compared to other leading platforms, Coins.xyz appears as a cost-effective choice:

• CoinSpot: Charges 0.1% for market orders but imposes 1% fees on Take Profit, Stop, Limit orders and the Instant Buy, Sell & Swap feature.
• Swyftx: Trading fees start at 0.6%, with swap trading fees up to 1.2%.
• Independent (LON:) Reserves: Trading fees start at 0.5%.

Lower fees provide significant savings for both novice and experienced traders.

Hassle free AUD deposit and user friendly Interface (NASDAQ:)

Australian users can effortlessly deposit AUD directly from their bank accounts, ensuring fast and secure funding. Coins.xyz has prioritized user experience by offering an intuitive platform suitable for both beginners and advanced traders, making complex strategies easier to execute.

Customer support around the clock

In an industry where support can make or break the user experience, Coins.xyz sets itself apart with 24/7 customer service. The platform guarantees faster response times compared to competitors, ensuring users have uninterrupted access to help when they need it.

Coins.xyz’s launch in Australia marks a defining moment for crypto enthusiasts seeking a transparent, affordable and intuitive trading experience. With industry-leading fees, regulatory compliance and robust customer support, the platform is well positioned to become a top choice for merchants.