Coins.ph, the Philippines’ leading cryptocurrency exchange, has announced its early access launch for users in Australia and Brazil, marking a major step in its global expansion. The move follows a year of unprecedented growth for the company, with trading volumes increasing tenfold and revenues projected to be four times higher than last year.
Wei Zhou, CEO of Coins.ph and its global platform Coins.xyz, highlighted the company’s ambition to transition from a homegrown pioneer to a global leader. “We promised global expansion, and now it’s happening,” Mr. Zhou said. “Australia and Brazil are key markets for our vision of connecting the world through regulated and accessible digital asset services. It’s our mission that Coins.ph, through Coins.xyz, distinguishes itself as a standard bearer for trust, compliance, and security in the global crypto space.”
Launch in Australia
Coins.ph has partnered with Monochrome, a company known for launching Bitcoin and Ethereum exchange-traded funds (ETFs), to deliver trusted and compliant services to Australian users. This collaboration ensures that Coins.xyz Australia is integrated with the country’s banking infrastructure, enabling seamless cash-in and withdrawal of Australian Dollars (AUD). Additionally, users can trade cryptocurrencies directly with AUD trading pairs, offering a localized and user-friendly experience.
Entry into Brazil
In Brazil, one of the world’s largest and most dynamic cryptocurrency markets, Coins.xyz is set to officially open its platform to users next month. The expansion aims to tap into the country’s growing appetite for digital assets and position Coins.xyz as a trusted and accessible provider in the region.
Wei Zhou underscored the importance of these markets, stating, “Australia and Brazil are key markets for our vision of connecting the world through regulated and accessible digital asset services.”
Setting Standards in the Crypto Space
The company’s international platform, Coins.xyz, is central to its global strategy, aiming to set benchmarks for regulated cryptocurrency services. Coins.ph has consistently emphasized trust, compliance, and security as the pillars of its operations, a commitment that underpins its push into these new territories.
The move into Australia and Brazil is expected to solidify Coins.ph’s position as a leading player in the global cryptocurrency market. By leveraging local partnerships and integrating with regional financial systems, the company is not only expanding its reach but also enhancing accessibility for users in these high-potential markets.
Coins.ph’s remarkable growth trajectory and ambitious international plans underscore its drive to become a dominant force in the global digital asset ecosystem.
