Independent Reserve wins top honour at the Australian Blockchain Industry Awards

July 24, 2019, 7:56 PM AEST - 2 years ago

Picture L-R: Independent Reserve executive team, Lasanka Perera (COO), Adrian Przelozny (CEO and founder) and Roman Stefanidi (CTO).

Media Release 24 July 2019 - Independent Reserve has won a top prize at this year’s inaugural Australian Blockchain Industry Awards, taking out Digital Currency Exchange of the Year.

“It’s a real privilege to stand alongside some of the incredible innovators in this year’s Australian Blockchain Industry Awards. Winning Digital Currency Exchange of the Year is testament to the hard work and consistent effort our team has put in to making Independent Reserve the top tier exchange that it is today. I’m extremely proud of what we’ve achieved so far, and I look forward to progressing this further.”

The win follows a succession of strategic partnerships and exciting business growth for the leading cryptocurrency exchange in recent times.

“With cryptocurrency markets growing at a rapid rate across the world, it’s essential that we’re continually evolving our business and trading features on the platform to keep up with the pace of change,” said Mr Przelozny.

“Earlier this year, we announced that Independent Reserve had become the first cryptocurrency exchange in Australia to offer insurance coverage to its clients which was a significant milestone. The policy insures against theft or loss of any cryptocurrency that is held in an Independent Reserve trading account.

“We also partnered with KPMG in a world first partnership between a top four accounting firm and a cryptocurrency exchange to create a crypto tax calculator. The digital tool - developed by KPMG - plugs directly into our user’s Independent Reserve account, allowing traders to estimate tax obligations on their portfolio all with just the click of a button.

“On top of this, in November last year we announced the launch of IR ventures; a blockchain innovation hub and coworking space in Sydney. It has so far been met with great success,” concluded Mr Przelozny.

Founded in 2013, Independent Reserve has built a proprietary, institutional grade trading platform to allow Australians to buy, sell and invest in Bitcoin (XBT), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and other digital currencies.

It currently has over 100,000 customers across Australia and New Zealand, and services around 8,000 self-managed super funds (SMSFs).

The cryptocurrency exchange has also been working closely with various Australian regulatory bodies including AUSTRAC to formulate AML/CTF regulatory frameworks for the industry.

Australian finance industry heavyweights Mike Tilley (ex -CEO of Challenger Financial and Chairman of Latitude Financial), Martin Rogers (KTM Ventures) and Steve James (Seer Asset Management) are investors and board members of Independent Reserve.

For more information on Independent Reserve, visit www.independentreserve.com

About Independent Reserve

Established in 2013, Independent Reserve is an Australian institutional grade cryptocurrency exchange with an orderbook enabling Australian and NZ clients to trade, invest and hold digital currencies. Independent Reserve’s mission is to provide a pro-regulation platform with the highest security to access cryptocurrencies. The exchange is an audited, gold Certified member of the Australian Digital Commerce Association (ADCA), which represents the cryptocurrency industry in Australia. For additional information, visit https://www.independentreserve.com

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