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Exchange record

BitTrade Australia

Material concerns / known unknowns

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Current derived flags
None from the currently reviewed fields. This is not a finding of safety or a recommendation.
Home / Dead / BitTrade Australia

Exchange record

BitTrade Australia

Australia-based cryptocurrency exchange / service provider founded on 2013-04-10. Kraken announced its acquisition of Bit Trade on 2020-01-14. Bit Trade subsequently continued as a Payward subsidiary and later operated Kraken services for Australian customers.

CEXAcquiredAcquisition
Also known as: Bit Trade, Bit Trade Australia, Bit Trade Pty Ltd, Bit Trade Pty Limited, Bit Trade Australia Pty Ltd, BitTrade.com.au, Kraken Australia

Registry sequence

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Key facts

Launch date
2013-04-10
Death date
2020-01-14
Years
2013–2020
Origin
Australia
Confidence
high
Last verified
2026-09-04

URL handling

Preferred action
Use archived URL first for historical viewing.
URL status
Redirected
Original URL
https://www.bittrade.com.au/
Archived URL
View archived site

Summary

Australia-based cryptocurrency exchange / service provider founded on 2013-04-10. Kraken announced its acquisition of Bit Trade on 2020-01-14. Bit Trade subsequently continued as a Payward subsidiary and later operated Kraken services for Australian customers.

Timeline

Bit Trade founded
2013-01-01launchedmedium

Bit Trade operated as an Australian cryptocurrency exchange and trading platform.

BitTrade Australia founded / registered
2013-04-10launchedmedium

Bit Trade was established in Australia in 2013 and later described as Australia's longest-running crypto service provider.

Bit Trade began operating a digital currency exchange
2013-04-10launchedmedium

Federal Court findings state that Bit Trade was incorporated on 10 April 2013 and conducted a digital currency exchange from that time.

Kraken acquired Bit Trade
2020-01-14acquiredcritical

Kraken acquired Bit Trade, described as Australia's longest-running crypto service provider, and brought the Bit Trade team into Kraken Australia.

Kraken acquired Bit Trade
2020-01-14acquiredhigh

Kraken announced that it had acquired Bit Trade to expand AUD liquidity, spot trading and OTC services in Australia.

Evidence

Bit Trade Pty Limited business information
Australia Check2026-05-02database_referencemedium reliabilitylaunch_datearchive
Kraken acquires Australian crypto exchange provider Bit Trade
CryptoNinjas2020-01-14news_articlemedium reliabilityentityarchive
Kraken Acquires Australia's Longest-Running Crypto Service Provider Bit Trade
Kraken2020-01-14official_statementhigh reliabilityownershiparchive
Meet Kraken's New Managing Director for Australia – Jonathon Miller
Kraken2020-01-29official_statementhigh reliabilitystatusarchive
Kraken acquires Australian crypto exchange provider Bit Trade
CryptoNinjas2020-01-14news_articlemedium reliabilityownershiparchive
Kraken Acquires Australian Crypto Trading Platform Bit Trade
Crowdfund Insider2020-01-14news_articlemedium reliabilityownershiparchive
ASIC sues crypto exchange alleging design and distribution failures
Australian Securities and Investments Commission2023-09-21regulatory_noticehigh reliabilitystatusarchive
Bit Trade company profile reference
Crunchbase—database_referencemedium reliabilityentityarchive
Kraken acquires Australia's Bit Trade
Kraken Blog2020-01-14official_statementhigh reliabilityeventarchive
Kraken expands into Australia with Bit Trade acquisition
CoinDesk2020-01-14news_articlemedium reliabilityeventarchive
Bit Trade original domain archive
Internet Archive—archive_capturemedium reliabilityurl_historyarchive
Australian Securities and Investments Commission v Bit Trade Pty Ltd [2024] FCA 953
Federal Court of Australia / ASIC2024-08-23court_documenthigh reliabilitylaunch_date
Kraken Acquires Australia’s Longest-Running Crypto Service Provider Bit Trade
Kraken2020-01-14official_bloghigh reliabilityeventarchive
ASIC wins case against Kraken crypto exchange operator for design and distribution failure
Australian Securities and Investments Commission2024-08-23regulatory_noticehigh reliabilitystatusarchive

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Notes and record state

Record note
HEI models the independent BitTrade Australia exchange/service identity as acquired on 2020-01-14. Federal Court findings state that Bit Trade was incorporated on 2013-04-10 and conducted a digital currency exchange from that time, and that after the January 2020 acquisition it became a Payward subsidiary and continued providing Kraken Exchange access to Australian customers. The terminal date therefore marks loss of independent exchange identity, not dissolution of Bit Trade Pty Ltd.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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