Binance Australia Wins 8th Place In Deloitte Tech Awards

As one of the largest cryptocurrency exchange markets by trading volume, Binance has long since established a permanent physical presence in countries across the globe. Following their recent establishment on the Australian market, their rapid advance to the forefront of the local industry has been rapid.

They have since been ranked 8th in the Rising Star category of the 2020 Deloitte Technology Fast 50 Australia Awards.

Rapid Growth With No End In Sight

The Deloitte Technology Fast 50 Australia Awards rank Australia’s tech companies by percentage revenue growth over a 3 year period.

Jeff Yew – the CEO of Binance Australia – acknowledged the award, stating it is indicative of the pace with which the Australian market is becoming increasingly acceptive of cryptocurrency -and blockchain technology in general.


“Given the positive crypto environment we’re operating – we’re expecting this to continue to skyrocket. We’re excited by this rapid growth, and we have ambitions to be the number one cryptocurrency exchange in Australia. We want Binance Australia to be the go-to platform for cryptocurrency users.”

Deloitte Partner Josh Tanchel also weighed in, commenting that the winners of the yearly awards clearly reflected the transformation faced by the financial industry and others worldwide.

“Let’s face it, 2020 has not been a normal year. The winning list in 2020 highlights that the COVID-crisis has continued to accelerate the disruption of traditional industries.

“The rise of businesses that have successfully harnessed technology is clear. Every company nominated this year has shown great resilience and resourcefulness. We’re delighted that despite the extraordinary circumstances, so many Australian tech companies are continuing to experience growth.”

Binance Australia is compatible with over 100 Aussie banks and credit unions, in part due to its integration with the New Payments Platform (NPP).

It seems the RMIT data showing that Aussie crypto trading peaked during lockdown was merely the beginning.

Cristian Lipciuc

Cristian Lipciuc

Cristian Lipciuc is a blockchain journalist working with startup companies across multiple domains such as freelancing, app development & cryptocurrency. Cristian specializes in applied blockchain technologies, cryptocurrency integration, the adoption of new technologies by governments, and cybersecurity.

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