Australia’s DigitalX Taps Coinbase Custody For New Spot Bitcoin ETF

DigitalX announced on July 19 that cryptocurrency exchange Coinbase was tapped as its custody partner for its new spot Bitcoin ETF- the DigitalX Bitcoin ETF (BTXX). This partnership underscores Coinbase’s  role in supporting Bitcoin ETF infrastructure globally.

BTCC, one of the longest-running crypto exchanges in the world,  supports trading for 300+ cryptocurrencies with leverage ranging from 1Χ to 225Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC.

＼Trade On BTCC With 10 FREE USDT!／

• DigitalX Chooses Coinbase as Custody Provider for its  Latest new Australian Bitcoin ETF
• Crypto Adoption & Regulation in Australia: A Closer Look

＼Trade On BTCC With 10 FREE USDT!／

DigitalX Chooses Coinbase as Custody Provider for its  Latest new Australian Bitcoin ETF

This official fact sheet from DigitalX validated the information, outlining BTXX’s strategy to replicate Bitcoin’s performance through long-term BTC holdings.

VBTC operates as a feeder fund, granting exposure to Bitcoin through investments in VanEck’s US Bitcoin Trust (HODL), listed on the Chicago Board Options Exchange (CBOE)..

Crypto Adoption & Regulation in Australia: A Closer Look

In recent years, Australia has witnessed remarkable growth in the ownership and adoption of cryptocurrencies. With a crypto ownership rate of 17%, Australia has surpassed the global average of 15%, showcasing a heightened interest in digital assets.

This situation escalated in July 2023 when ASIC conducted searches at Binance Australia’s offices, highlighting the complexities and potential obstacles within the country’s regulatory framework for digital currencies.

Where & How to Buy Crypto in Australia?

If you want to buy cryptocurrencies in Australia, you can easily start by creating an account with BTCC, one of the longest-running exchange in the world. As a old exchange enjoy good reputation, BTCC is more reliable

with no reported hacks or security breaches to date.

BTCC is among the best and safest platforms to buy cryptocurrencies in Australia. The reasons why we introduce BTCC for you summarize as below:

Industry-leading security with no reported hacks or security breaches to date

BTCC attaches great importance on security. Since founded in 2011, BTCC has never been hacked or been a victim of any other kind of successful malicious attack, which fully illustrates its security capabilities. Through measures like segregation of assets, 1:1 storage of users’ assets, money laundering prevention and identity authentication and no collateralising tokens for loans, BTCC enjoys good reputation in asset security.

High liquidity & volume

BTCC is ranked top 10 by trading volume on both CoinMarketCap and CoinGecko, the world’s two largest crypto information platforms. BTCC prides itself on providing crypto futures trading services to users worldwide with market-leading liquidity, offering perpetual futures on over 300 cryptocurrencies, including BTC, ETH, DOGE, LTC, SOL, XRP, SHIB, etc.

Extremely low fees

Charging high fees means less return for investors. Compared with other major exchanges, BTCC only charges 0.06% for both takers and makers, which are far below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.

High and rich bonus

BTCC holds all kinds of campaigns where investors can participate to win exciting bonus. For example, new users can get rewards up to 10,055 USDT coupon through completing relevant missions, like registration, identity verification, first deposits, cumulative futures trading volume, etc. Besides, becoming VIP also can enjoy rewards like VIP-exclusive perks, including discounts on trading fees, access to exclusive campaigns, BTCC merch, priority customer support, fast withdrawal, and many more.

Excellent customer service

BTCC also gains great reputation in terms of customer support. If you are confused or have problem in the process of trading currencies, you can obtain customer support via email and live chat, BTCC offers 24/7 online customer service for you.

＼Trade On BTCC With 10 FREE USDT!／