One of the leading cryptocurrency exchanges in Australia has launched its operations in New Zealand in a bid to make cryptocurrencies available to more people.
Swyftx expands to New Zealand
Swyftx announced earlier today that it had launched its services in New Zealand. The crypto exchange has grown to become the second-largest cryptocurrency trading platform in Australia, providing services to over 300,000 customers.
In a blog post yesterday, Swyftx said it intends to change how New Zealand residents enjoy the services of cryptocurrency exchanges. It said, “Many existing exchanges in NZ essentially act as a pass-through for funds, allowing users to purchase cryptocurrency and little else. Swyftx has decided to change how this works and give a true, fully inclusive experience to investing in cryptocurrency. The Swyftx platform increases the number of digital assets available through NZ registered crypto exchanges with over 280+ assets.”
The exchange users in New Zealand will be allowed to hold an account on Swyftx with New Zealand Dollars (NZD). They will also get to enjoy easy access to cryptocurrency trading with simplified deposits via local bank transfers and local NZ Support staff.
Swyftx moves out of Australia for the first time
Swyftx has been committed to providing regulated cryptocurrency trading services to Australians. It is one of the leading exchanges in the country, with over 350,000 users. However, this is the first time it would be expanding its services beyond Australia.
The exchange said, “Our mission is to make crypto easily accessible, enabling both experienced and inexperienced traders to securely buy and sell a large range of digital assets. That’s why we’re expanding our service offering beyond Australia to international shores.”