IN THE MEDIA

National Currency Exchange puts blockchain on the agenda for Australian students

December 11, 2018

One of Australia’s leading cryptocurrency trading houses, the National Currency Exchange has signed a strategic partnership with Student Edge, the nation’s largest student organisation, for the promotion and education of blockchain technology.

 

The partnership follows a study by Student Edge, revealing up to 18 percent of the country’s students are keen to explore greater use of cryptocurrencies.

 

The collaborative agreement between NCX and Student Edge seeks to resolve the identified knowledge gap, while also offering the Currency Exchange direct access to technologically savvy students.

NCX signs strategic partnership with country's largest student organisation

December 11, 2018


Highlights


• NCX enters partnership agreement with peak Australian student body, Student Edge


• Follows recently completed research of Student Edge membership regarding interest / willingness to adopt cryptocurrencies


• Student Edge to promote NCX to network of more than 200,000 members


• NCX and Student Edge to collaborate further on blockchain and cryptocurrency education for students

 


Perth - The National Currency eXchange Group Limited through its subsidiary, NCX AU (NCX), is pleased to announce a strategic partnership with the country’s largest student body, Student Edge, for the promotion and education of digital currencies and blockchain technology.


The partnership between NCX and Student Edge follows recent research conducted by Student Edge into its memberships willingness to engage with cryptocurrencies, which found 18% of the student edge membership wanted to “explore” the use of cryptocurrencies.

 

The agreement will create deeper engagement between the country’s emerging, technologically savvy generation and the leading distributed ledger exchange which offers trading services in popular
cryptocurrencies, such as Bitcoin, Ethereum, Litecoin and Bitcoin Cash.


Student Edge has agreed to raise awareness of cryptocurrency trading by educating its user base via email direct marketing (eDM) to a targeted portion of more than 200,000 students within its one million plus member base.


NCX anticipates first revenues via the Student Edge agreement prior to the end of the calendar year. Commenting on the partnership, NCX Chief Executive Officer Tommy Shin said:


“The member base of Student Edge is the next driving force and cycle for the tech industry. All major and bull runs are based on generational habits like the previous gold rush. For many people these days, banks are just a mobile phone app. We don’t have to physically go to the bank and line up anymore. So the swap
for them from traditional bank to crypto is flawless already.”


"Raising awareness and educating some of Australia’s up-and-coming students is a core priority for the National Currency Exchange, as we firmly believe blockchain and cryptocurrency will play a significant role
in the future."

“The agreement with Student Edge is another step in the right direction, with our platform being frontof-mind for a large cohort of intelligent young people. "


“We are also pleased that our agreement is not purely based on commercial orientation, but also holds an element of education, as it is important for all people to better understand the benefits of distributed ledger technology."


“The NCX continues to build its reputation for open, secure digital asset trading as one of Australia’s earliest exchanges operating advanced security technology,” he said.

 

About Student Edge


Student Edge was founded in 2003 by students who recognised the challenges faced by young people on a range of issues such as cost of living, student life, access to part-time work and career guidance. Since then, we’ve grown in popularity not only in our home state of Western Australia, but nationally as well.

Student Edge is now the largest member-based organisation of high school and tertiary students in Australia.

-ENDS-

 

For further information, please contact:


David Tasker
Chapter One Advisors
Tel: +61 433 112 936
E: dtasker@chapteroneadvisors.com.au

 

 


About the NCX


NCX is an Australian owned and operated company backed by local technology firm who have more than 30 years’ experience in the software and technology industry. NCX is a platform where investors, traders and everyday Australians come to buy and sell Cryptocurrency with peace of mind that their funds and digital assets are being stored locally within Australia.

 

NCX aims to improve the User Experience when it comes to Cryptocurrency trading to engage users outside the general demographic including those without a technical background or knowledge.
 

The National Currency Exchange (NCX AU) has received registration from Australian regulator AUSTRAC, making the exchange one of the earliest organisations to complete the registration process.

NCX and ACX.io join Independent Reserve and CoinSpot in complying with the same anti money laundering and counter-terrorism financing (AML-CTF) rules that apply to other finance sector participants such as banks.

Perth-based National Currency eXchange (NCX) said in a statement that it “confirms its compliance program will keep it in alignment with its AML-CTF obligations”.

Two more Australian cryptocurrency exchanges have been registered by AUSTRAC under rules that came into effect earlier this month.

NCX and ACX.io join Independent Reserve and CoinSpot in complying with the same anti money laundering and counter-terrorism financing (AML-CTF) rules that apply to other finance sector participants such as banks.

Cryptocurrencies must now abide by strict regulations.

Cryptocurrency exchanges in Australia will now have to comply with a new set of regulations as the government looks to stamp out the use of the technology in criminal activity.

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© 2018 by NCX AU Pty Ltd

ABN:  21 620 754 716   I   ACN: 620 754 716

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