{"id":45893,"date":"2021-07-12T09:54:21","date_gmt":"2021-07-12T06:54:21","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45893"},"modified":"2025-09-01T13:36:52","modified_gmt":"2025-09-01T10:36:52","slug":"australian-online-broker-to-add-cryptocurrency-trading","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/australian-online-broker-to-add-cryptocurrency-trading\/","title":{"rendered":"Australian online broker to add cryptocurrency trading"},"content":{"rendered":"<p>Listed on <span data-descr=\"Australian Securities Exchange\" class=\"old_tooltip\">ASX<\/span>, the Australian online broker SelfWealth announced the addition to its platform of the ability to buy and sell digital assets.<\/p>\n<p>According to SelfWealth CEO Kat Whitaker, the platform, the first in Australia, will offer the ability to trade both stocks and cryptocurrencies in one place.<\/p>\n<p>The company serves 95,000 active clients and is in talks with bitcoin exchanges to implement this initiative. The total value of securities held on SelfWealth totals A$5.9 billion (about US$4.4 billion), according to <a href=\"https:\/\/www.afr.com\/companies\/financial-services\/online-broker-selfwealth-to-add-crypto-in-aussie-first-20210712-p588uv\">Australian Financial Review<\/a>.<\/p>\n<p>The company plans to add ten cryptocurrencies by year-end, including Bitcoin and Ethereum. They will be stored in a partner-integrated wallet connected to the platform. Fees for executing trades have not been disclosed.<\/p>\n<p>Surveys show that two-thirds of SelfWealth clients own or plan to acquire digital assets.<\/p>\n<p>According to a Kraken exchange study in June, one in five Australians <a href=\"https:\/\/u1f987.com\/en\/news\/one-in-five-australians-believes-bitcoin-investments-are-more-attractive-than-traditional-savings\">considered<\/a> Bitcoin investments more profitable than traditional savings.<\/p>\n<p>Earlier, Independent Reserve found that by the end of 2020 <a href=\"https:\/\/u1f987.com\/en\/news\/poll-nearly-one-in-five-australians-own-cryptocurrencies\">more than 90% of Australians<\/a> had heard of at least one digital asset, with around 20% invested in cryptocurrencies.<\/p>\n<p>Follow ForkLog on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Listed on the ASX, the Australian online broker SelfWealth announced the addition of the ability to buy and sell digital assets on its platform.<\/p>\n","protected":false},"author":1,"featured_media":45894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[108,1229,1269,1267,1211],"class_list":["post-45893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-australia","tag-banks-and-fintech","tag-cryptocurrencies","tag-cryptocurrency-trading","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"7","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=45893"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45893\/revisions"}],"predecessor-version":[{"id":45895,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45893\/revisions\/45895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/45894"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=45893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=45893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=45893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}