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About Elbaite
Elbaite is an Australian cryptocurrency exchange founded in Melbourne in 2017. The company focuses on secure and transparent trading services, emphasizing self-custody and peer-to-peer transactions. This approach allows users to maintain full control over their assets by trading directly from their own wallets, reducing risks associated with hacks and insolvency.
Elbaite offers non-custodial trading, meaning it does not hold users' cryptocurrencies during transactions. In 2024, the company introduced Crypto Vaults, a secure custodial solution for users who prefer not to manage private keys. The platform also provides flexible investment options, including Self-Managed Super Fund portfolios and professional trading services. Elbaite combines fiat escrow with blockchain verification to ensure secure and reliable P2P trades.
Registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), Elbaite adheres to strict regulatory guidelines, demonstrating its commitment to investor protection. The company promotes a culture of innovation and trust, working with regulators to support the growth of the cryptocurrency industry in Australia.
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