Crypto Caution Urged as ASIC-Flagged Exchange Targets Australians

Bitget, a global crypto exchange platform, is reportedly marketing its high-risk products to Australians despite having no licence.

A mock-up of a physical Bitcoin on Jan. 12, 2022. John Fredricks/The Epoch Times

Crypto exchange platform Bitget, which drew a warning from the Australian Securities and Investments Commission (ASIC) last year, is reportedly marketing to Australians.

Bitget does not hold an Australian Financial Services (AFS) licence, meaning it is not permitted to promote its services to Australians.