Bitcoin.com.au explained

Bitcoin.com.au
Type:private
Founded:2015
Hq Location City:Sydney, New South Wales, Australia
Area Served:Australia
Key People:Adrian Przelozny (CEO)
Website:https://bitcoin.com.au/

Bitcoin.com.au is an Australian cryptocurrency exchange platform founded in 2015. It was purchased from Banxa by Independent Reserve for $3M in 2023.

The company has partnered with BlueShyft, PayPal, and Australia Post. Bitcoin.com.au functions as a website and an Android/iOS app.

History

Bitcoin.com.au was founded in 2015 by Rupert Hackett.[1] On 20 June 2016, Bitcoin.com.au partnered with BlueShyft.[2]

On August 2, 2017, the platform raised $815,000 in series A funding to expand globally and added Ethereum and XRP to its exchange.[3] [4]

On July 13, 2018, Ben Ingram, an Australian PwC director, became the new CEO.[5]

In June 2020, the company partnered with Australia Post, making Bitcoin purchases available at any post offices across Australia.[6] [7] [8] In March 2023, Bitcoin.com.au became a major sponsor of the Sydney Swans.[9] [10] [11] [12] In the same month, the platform was purchased by a Sydney-based cryptocurrency company called Independent Reserve for $3M as announced by its CEO Adrian Przelozny.[13]

In August 2023, Bitcoin.com.au partnered with PayPal, becoming the first digital exchange in Australia to integrate with the mentioned platform as a funding option.[14]

Notes and References

  1. Web site: One group of Australians is making more money from Bitcoin than everyone else . 2023-12-05 . Business Insider . en-US.
  2. Web site: Blueshyft . 2016-06-23 . Sitting down with our new partner, bitcoin.com.au . 2023-11-23 . Medium . en.
  3. Web site: State Library of Queensland . 2023-11-23 . www.slq.qld.gov.au . en.
  4. Web site: 2018-03-19 . This Australian Bitcoin exchange startup just raised $815,000 to expand globally and add Ethereum to its platform . 2023-12-05 . https://web.archive.org/web/20180319040617/https://www.businessinsider.com.au/this-australian-bitcoin-exchange-startup-just-raised-815000-to-expand-globally-and-add-ethereum-to-its-platform-2017-7#douBe0wcsHoJOJOU.99 . 2018-03-19 .
  5. Web site: 2018-07-12 . An Australian PwC director has left to become CEO of a crypto advisory business . 2023-11-23 . Australian Financial Review . en.
  6. Web site: FinTech . Australian . 2020-06-23 . Australia Post and Bitcoin.com.au launch a new partnership to pay for Bitcoin at Post Offices . 2023-12-05 . Australian FinTech . en-US.
  7. Web site: 2020-06-26 . Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets . 2023-12-05 . Yahoo Finance . en-US.
  8. News: Roy . Jeff . Independentreserve.com/au . 22 April 2021.
  9. Web site: Badman . Rob . 2023-03-22 . New exchange platform and Sydney Swans sponsor Bitcoin.com.au aims to be an easy crypto on-boarder . 2023-11-23 . Stockhead . en-US.
  10. Web site: 2023-03-22 . NEWEST BITCOIN EXCHANGE HITS THE MARKET: BITCOIN.COM.AU . 2023-11-23 . Yahoo Finance . en-US.
  11. Web site: 2023-03-22 . Crypto exchange buys Bitcoin.com.au brand for $3m . 2023-11-23 . Australian Financial Review . en.
  12. Web site: 2023-03-27 . Hamilton Locke Advises Independent Reserve on Acquisition of bitcoin.com.au Domain - Hamilton Locke . 2023-11-23 . en-US.
  13. Web site: Thomsen . Simon . 2023 . Crypto exchange Independent Reserve snaps up Bitcoin.com.au for $3 million . 23 November 2023 . startupdaily.net.
  14. Web site: MSN . 2023-12-05 . www.msn.com.