Elbaite Pty Ltd, an Australian-owned and operated non-custodial cryptocurrency exchange, is thrilled to announce its integration of AUDD, the Australian Dollar-backed stablecoin issued by AUDC Pty Ltd. This collaboration brings a new, secure, and efficient way for Elbaite users to purchase cryptocurrencies using AUDD directly into their own self-custody wallets.
Elbaite’s unique model allows users to retain full control of their digital assets during transactions, ensuring the highest levels of security and transparency. With this new AUDD deposit feature, users can make cryptocurrency purchases directly with AUDD, offering a seamless and efficient trading experience.
Samira Tollo, CTO and Co-founder of Elbaite commented: “We’re excited to bring AUDD to our platform, giving users a trusted, Australian Dollar-backed stablecoin option to purchase crypto. This feature aligns perfectly with our mission to provide a secure and user-friendly environment for digital asset trading, and we believe this collaboration will enhance the overall trading experience for our community.”
Through this collaboration, Elbaite users will now be able to deposit AUDD, a 1:1 Australian Dollar-backed stablecoin, and use it to purchase a wide range of cryptocurrencies. This new feature enhances the flexibility and efficiency of trading on Elbaite by allowing users to transact in a stable and secure digital asset that eliminates the risks of fiat conversion delays and exchange fees.
Effie Dimitropoulos, CEO of AUDC Pty Ltd, highlighted the importance of this partnership: “Our partnership with Elbaite creates a new opportunity for Australian users to interact with AUDD in a meaningful way. By enabling AUDD deposits for cryptocurrency purchases, we’re providing a faster, more secure way for users to engage with digital assets. This represents a major step in expanding the utility of AUDD within the growing crypto economy.”
As an Australian-owned exchange, Elbaite’s focus on security, transparency, and user control aligns with AUDC’s mission of providing a stable and reliable digital currency for modern financial needs. By integrating AUDD, the partnership offers Australian traders a local solution that is backed by familiar, trusted currency while engaging with the global cryptocurrency market.
Elbaite Pty Ltd is an Australian-owned cryptocurrency exchange that offers a non-custodial platform where users can buy and sell cryptocurrency directly from their own wallets. With a focus on security, transparency, and user autonomy, Elbaite is committed to providing the safest and most efficient trading environment for cryptocurrency investors.
For more information about Elbaite, please visit: https://www.elbaite.com
AUDC Pty Ltd is an innovative fintech company dedicated to revolutionising money through blockchain technology. The company operates and issues the Australian Digital Dollar (AUDD), a stablecoin designed to provide businesses and consumers with a stable and reliable digital asset backed 1:1 by the Australian Dollar. With a deep background in digital money products and solutions, AUDC is at the forefront of driving the next generation of digital finance.
For more information about AUDD, please visit: https://audd.digital
The information provided by Elbaite is for general educational purposes only and should not be considered as financial or investment advice, a personal recommendation, or an offer to buy or sell any assets. It is prepared without taking into account individual financial objectives, situations, or needs and does not claim to address legal or regulatory requirements. We encourage users to conduct their own independent research and seek advice from qualified professionals before making any financial decisions.
Elbaite makes no representation and assumes no responsibility for the accuracy or completeness of the information provided. Past performance is not indicative of future results, and should not be relied upon as a predictor of future performance. Before engaging in any trading activity, ensure you fully understand the associated risks and never invest more than you are willing to lose. Please review our Terms and Conditions (https://www.elbaite.com/terms-conditions) for more information.