Award-winning PrimeXBT platform reportedly grows operations in Australia
As PrimeXBT continues to make a name for itself through word of mouth of top traders and gaining added recognition by taking home prestigious awards, it has been spreading rapidly across Europe, Asia, and the rest of the world.
The company, PrimeXBT, recently placed multiple job vacancies in what appears to be an aggressive expansion into Australia – its next stop on its tour of global domination.
Interest in Bitcoin, Trading Traditional Markets Grows in Australia
Australia has seen explosive growth in interest in cryptocurrencies like Bitcoin, as well as an increase in demand for exposure to traditional assets such as gold, oil, stock indices, and more. It seems that the company’s strategy is to capitalize on this surging interest in trading and capture market share in the thriving region.
The timing makes sense. PrimeXBT has seen record-breaking trading volume since volatility returned to traditional markets in mid-March. More traders than ever before are turning to PrimeXBT due to its diverse range of over 50+ instruments. Meanwhile, there’s been an enormous surge in interest in both Bitcoin and traditional market trading in Australia.
More traders from Australia have been switching from crypto to traditional markets since the mid-March Black Thursday market crash. But interest in Bitcoin is also picking up more steam, as is depicted in the chart below highlighting growth in trading volume on peer-to-peer exchange LocalBitcoins.
Traders in Australia, however, have been lacking a Bitcoin-based trading platform that offered crypto in addition to traditional assets they could rely on, perhaps until now.
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