Finder announce the winners of its inaugural Cryptocurrency Exchange Awards
With cryptocurrency ownership on the rise in Australia, Finder has today announced the winners of its inaugural Cryptocurrency Exchange Awards.
Almost 1 in 4 (23%) Australian adults owned cryptocurrency in January, up from 20% in October and 17% in September, according to a nationally representative sample of 1,000 Australian adults.
As cryptocurrency adoption continues to grow, Finder is helping Aussie’s find the best exchanges across six different categories.
Binance won three awards, including Exchange for Features and Exchange for Altcoins, as well as the award for Australian Cryptocurrency Exchange (Overall).
Crypto.com won the category ‘Exchange for Beginners’, while Kraken won ‘Exchange for Trading’.
Graham Cooke, head of consumer research at Finder, said the Awards were launched to help everyday Aussies pick the right exchange for them, adding, “Finder’s first-ever Cryptocurrency Awards were launched to celebrate companies that offer Australians the very best cryptocurrency products. Cryptocurrency ownership is on the rise so it’s important Australians are comparing the various products out there and making sure they’re choosing the right exchange for them.”
Cooke says he isn’t surprised to see the Australian cryptocurrency market grow given awareness of digital currencies is so high among Aussies.
“Cryptocurrency awareness in Australia is among the highest in the world. 85% of Aussies say they know what cryptocurrency is, much higher than countries like the United States (59%) and the United Kingdom (55%).”
When picking the best exchanges in each category, Finder used a data-driven approach to analyse all relevant features and fees, fairly and equally, to arrive at the list of winners and finalists.
According to conservative estimates, Australians have spent more than $50.9 million in fees trading crypto thus far.
With this in mind, Finder recently announced it’s making cryptocurrency trading in its free Finder app completely fee free.
For more information on Finder’s Cryptocurrency Exchange Awards, visit www.finder.com.au/finder-cryptocurrency-exchange-awards-2022