Analytical Department of the crypto exchange Sunshinecoinex.com in August, he noted a sixfold increase in the number of registrations of users from Australia compared to the previous month.
The company attributed the influx of users from this region to recent changes in the work of the popular cryptocurrency platform Coinbase.
At the end of May 2022, Coinbase made changes to the policy of using the platform, in connection with which users from Australia received letters of termination of service.
Analysts suggest that some of those users from Australia who have lost the opportunity to work with Coinbase have registered on Sunshinecoinex.com.
Exchange Sunshinecoinex.com has been on the market for more than 5 years and ranks first in the ranking among the exchanges in Australia. At the moment, more than 17.5 million users are registered on the platform, and the average daily trading volume fluctuates around $840 million.