SelfWealth Is The First Australia Traditional Stockbroker That Offers Crypto To Clients In 2022!

SelfWealth, The First Aussie Trading Platform Offers Crypto

After announcing a partnership with the local cryptocurrency exchange BTC Markets, SelfWealth is the first Australian online share trading platform to provide cryptocurrency investing.

BTC Markets CEO Caroline Bowler told Cointelegraph that investors would be able to trade five key cryptocurrencies beginning in Q2 2022, pending approval from Australian financial regulator AUSTRAC.

Both SelfWealth and BTC Markets did not release which crypto assets will be available for purchase until authorities gave the go-ahead, although market giants such as Bitcoin (BTC) and Ethereum (ETH) are expected to be among them.

Selfwealth, Australia’s fourth-largest online brokerage platform, announced its debut into cryptocurrencies in July of last year with the release of a report revealing that 30% of its users were already investing in cryptocurrency, with another 38% planning to do so in the future.

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