On Tuesday, Binance, the world’s largest cryptocurrency exchange,’s Australian arm’s bitcoin prices were about A$9,000 lower than competitor exchanges, indicating clients were selling swiftly.
Bitcoin’s price on Binance Australia was A$34,000 ($23,062.20), compared to A$43,000 on BTC Markets, an Australian cryptocurrency exchange.
Bitcoin was $27,790 outside Australia.
Binance didn’t respond to Reuters’ request for comment.
A third-party service provider switched off its service, preventing some Australian customers from depositing or withdrawing money.
Binance faces global regulatory suits and probes. Following a regulatory investigation, the company announced in April that it would close its Australian derivatives business.
