KuCoin released its Australia Market Report, finding that bank transfers account for the majority of crypto funding activity in the country. According to the survey-based study, 52.4% of respondents identified bank transfers as their primary funding method, followed by credit and debit cards at 40.1%, signaling strong reliance on traditional payment rails.
The findings suggest Australian crypto users are moving away from experimental behavior toward more practical use cases, prioritizing ease of access, trust, and integration with the banking system. Direct crypto deposits and peer-to-peer methods played a secondary role, reinforcing the importance of seamless fiat on- and off-ramps in exchange selection.
KuCoin said the data aligns with its strategy in Australia, where it offers direct AUD deposits and withdrawals and operates under AUSTRAC registration. The report points to a maturing market in which regulated infrastructure and local compliance are becoming central to sustainable crypto adoption.
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