Australia’s newest digital asset exchange – Mine Digital – has gone live today, offering a new standard in pricing and liquidity to the Australian market.
Featuring the top 5 cryptocurrencies in Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash, Mine Digital offers trading in AUD, USD and USDT – with support for USDC coming shortly.
Mine Digital CEO, Grant Colthup, has been pleased with the market response to the new firm and the pipeline of product offerings.
“The development of the Mine order-book exchange comes at a crucial point in the Australian crypto exchange timeline. Our best-in-class exchange offers a complete set of features that is accessible to entry-level clients. Given the team’s background in financial services we know that experienced traders are looking for a secure platform, deep liquidity within the order book and a reliable fiat-to-crypto service. Mine Digital has worked at providing these elements to the market and we are pleased with the results we have achieved to this end,” said Mr Colthup.
The development of the order-book exchange is the second major milestone in Mine’s product development, with the launch of their Request For Quote (RFQ) product launched in August which itself followed an earlier custody/insurance offering in partnership with the Hong-Kong based blockchain public company BC Group (HKG:0863).
Being the only digital asset exchange in Australia with an Australian Financial Services License allowing Mine to create markets in derivatives products, future product development in the pipeline includes a CFD offering due next year on a range of assets, an OTC options offering, and curating a selection of tokens as highly reputable offerings backed by research to offer to the Australian market.