Binance Australia customers seen selling bitcoin at discount to rival exchanges

SINGAPORE( Reuters) – Bitcoin prices on the Australian arm of Binance, the world’s largest crypto- currency exchange, were nearlyA$ 9,000 lower than prices on rival exchanges on Tuesday, in a sign guests were seeking to exit their positions snappily. The price of the world’s biggest cryptocurrency, bitcoin, was at aroundA$ 34,000($ 23,062.20) on Binance Australia, compared withA$ 43,000 on BTC Markets, an Australia- predicated cryptocurrency exchange. Bitcoin was quoted at$ 27,790 outside Australia. Binance did not directly respond to Reuters request for comment. before this month, the Binance unit said some guests in Australia will not be suitable to deposit or withdraw capitalist after a third- party service provider cut off its service. Binance has been battling nonsupervisory suits and examinations around the world. The company said in April it would close its Australian derivatives business after relinquishing a financial services licence amid a nonsupervisory inquiry into its operations.$ 1 = 1.4743 Australian bones