Australian Stock Exchange in the first half of the year, the trading volume increased by 100%

21.09.2022 Off By apos2t

According to the Economic Times, the Australian cryptocurrency exchange, which has more than 30 million customers, increased trading volume by 100% this half-year compared to the previous year. Half of the users are millennials. The most preferred cryptocurrencies for users were BTC and ETH.

The year 2021 belonged to cryptocurrency. The technology of the new century has become a household name, and the growth of domestic exchanges in Australia has highlighted the latest quirk.

Leading Cryptoplatform registered an increase in trading volume by more than 100 percent, and its user base increased by about 60 percent and exceeded the mark of 13 billion.

The data also show that men predominated earlier in the user base, and women made up a little more than 12 percent of the total number of users. Now, the number of registrations of women on the stock exchange is growing rapidly.

The platform believes that crypto assets and blockchain have a long way to go, and before investing in the market, you need to get an education. In addition, they add that users should keep the cryptocurrency for the long term.

“This year we are seeing a significant increase in investors interested in cryptocurrency, and this trend is not slowing down. With the global adoption of cryptocurrencies, blockchain products and services such as NFT are becoming mainstream”, said Justin Hance, CEO of the crypto platform.

“Despite skepticism, governments around the world are now accepting crypto assets. All these changes are just the beginning, and we still believe that this is only an emerging market”, he added.

Meanwhile, tripled the number of staff over the past year and plans to hire more engineers to continue creating the industry’s first products.