The post Bitcoin Price Gap On Binance AUS Triggers Selling Frenzy appeared first on Coinpedia Fintech News
On Tuesday, the price of Bitcoin on Binance Australia plummeted by $9,000 compared to its rivals, leading to a rush among customers to sell off their positions. While Bitcoin was priced at $34,000 ($23,062.20) on Binance Australia, it stood at $43,000 on BTC Markets. Globally, Bitcoin was valued at $27,790, but Binance has not responded to Reuters’ request for clarification. Binance Australia customers are also facing limitations on deposits and withdrawals following the termination of a third-party service, while the global regulatory challenges faced by Binance have prompted the closure of its Australian derivatives business in April due to a regulatory probe.
Source: https://coinpedia.org/crypto-live-news/bitcoin-price-gap-on-binance-aus-triggers-selling-frenzy/