Wei Zhou’s Coins.xyz Launches in Australia with Competitive Fees and Features

Published 11/01/2025, 02:04 am
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Globally Licensed Exchange Coins.xyz Debuts in Australia

Coins.xyz, a globally licensed cryptocurrency exchange, has officially launched in Australia, bringing a user-friendly platform with competitive fees to the country’s crypto traders and investors. With a commitment to transparency and regulatory compliance, the platform aims to provide a trusted and enhanced trading experience for Australian users.

Leadership and Vision: Wei Zhou and Jeff Yew at the Helm

Under the leadership of Wei Zhou, former Binance CFO, and Jeff Yew, Monochrome founder and CEO, Coins.xyz is strategically positioned to provide Australian traders with seamless access to the global digital asset economy. Their focus on adhering to Australian regulatory standards sets the stage for building trust and fostering transparency within the industry.

Competitive Fee Structure

Coins.xyz offers one of the most competitive fee structures in the Australian crypto market:

  • Spot Trading: 0.1% Maker Fee and 0.15% Taker Fee.
  • Convert Feature: Zero additional fees for one-click crypto buying and selling.

When compared to other leading platforms, Coins.xyz emerges as a cost-effective choice:

  • CoinSpot: Charges 0.1% for market orders but imposes 1% fees on Take Profit, Stop, Limit orders, and the Instant Buy, Sell & Swap feature.
  • Swyftx: Trading fees start at 0.6%, with swap trading fees reaching up to 1.2%.
  • Independent (LON:IOG) Reserve: Trading fees begin at 0.5%.

Lower fees provide significant savings for both novice and experienced high volume traders.

Seamless AUD Deposits and User-Friendly Interface (NASDAQ:TILE)

Australian users can effortlessly deposit AUD directly from their bank accounts, ensuring fast and secure funding. Coins.xyz has prioritized user experience by offering an intuitive platform suitable for both beginners and advanced traders, making complex strategies easier to execute.

Round-the-Clock Customer Support

In an industry where support can make or break user experience, Coins.xyz sets itself apart with 24/7 customer assistance. The platform guarantees faster response times compared to competitors, ensuring users have uninterrupted access to help whenever they need it.

Coins.xyz’s launch in Australia marks a pivotal moment for crypto enthusiasts seeking a transparent, affordable, and intuitive trading experience. With industry-leading fees, regulatory compliance, and robust customer support, the platform is well-positioned to become a top choice for traders.

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