The global crypto exchange said that bitcoin remained the most traded crypto in Australia on the platform between May 2023 and May 2024.
Cryptocurrency exchange Kraken said that Australian investors prefer to trade bitcoin, while newer memecoins, including Pepe and Dogwifhat, also gained traction among Australian users.
Solana was the second most traded crypto in Australia, constituting 10.02% of all trading volume during the period, compared to 7.81% for non-Australian users. Ether came in third, which made up about 9.66% of all Australian trading volume, compared to 9.93% globally, according to the analysis.
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