Binance Australia recognised as a Rising Star in the 2020 Deloitte Technology Fast 50 Australia Awards

Binance Australia recognised as a Rising Star in the 2020 Deloitte Technology Fast 50 Australia Awards

Binance Australia has been recognised as a company to watch in Deloitte’s Technology Fast 50 Awards for 2020, placing eighth in the Rising Star category of the prestigious awards.

Binance Australia, the pioneering AUD-to-crypto trading platform officially launched to the Australian market in July 2020 and has shown incredible signs of strong growth during the last quarter, with more and more Aussies investing in crypto every day.

The 2020 Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies, based on their percentage revenue growth over the last three years.

Binance Australia CEO Jeff Yew said he was proud to be recognised in the Fast 50 awards and the company’s fast growth is a testament to the rapidly expanding demand of digital assets and crypto adoption among Australians.

“We’ve seen consistent growth since we launched to the Australian market earlier in the year. Given the positive crypto environment we’re operating – we’re expecting this to continue to skyrocket,” Jeff said.

“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.”

The Rising Star category highlights companies reporting high levels of revenue growth over a period of less than three years and who do not yet qualify for the Technology Fast 50 Awards.

“The Rising Star list identifies those companies who are making a real name for themselves in the sector and who are poised to create further scale in the years ahead,” said Technology Fast 50 Leader, Deloitte Partner Josh Tanchel.

“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,” said Tanchel.

“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 offers users deep liquidity and convenient deposit and withdrawal methods using cutting-edge proprietary technology that enables simple and quick AUD on/off ramp to the digital exchange platform via the New Payments Platform (NPP). The platform is compatible with over 100 Australian banks and credit unions.

Source: Binance Australia recognised as a Rising Star in the 2020 Deloitte Technology Fast 50 Australia Awards | Binance Blog