119: myCryptoWallet / Jaryd Koenigsmann

Crypto Down Under

myCryptoWallet was founded by Jaryd Koenigsmann in 2017 and is a digital currency service and marketplace based in Melbourne, Australia. The platform currently enables purchasing and trading of Bitcoin, Ethereum, Litecoin, XRP and Power Ledger. In 2019 the company became Australia’s first zero-fee platform, and launched myCryptoCard, a first-of-its-kind debit card that allows consumers to spend their cryptocurrency at more than 1 million locations and withdraw money from 30,000 ATMs across Australia. myCryptoWallet also intends to add 50-plus new coins to the platform to offer even more opportunities and flexibility of cryptocurrency enthusiasts

Jaryd founded myCryptoWallet without any external funding, instead bootstrapping the entire project by selling his cars. Since 2017, he’s become a prominent cryptocurrency identity in Australia, leading the creation of the industry’s Data Privacy Policy that will be adopted by Australian exchanges in 2019.

For more information, visit www.mycryptowallet.com.au.

In this episode you will discover:

  • How he founded one of Australia’s leading exchanges at just 23 (100% bootstrapped)
  • How he’s just gone head-to-head with one of Australia’s big banks, who froze crypto funds (now unlocked) without reason
  • How myCryptoWallet has become the first Australian exchange to offer zero fee trading
  • Why he’s working with ASX on an STO listing to tokenize whole businesses
  • How he avoided the big bank’s unethical “brain rape” of the other Aussie exchanges

Ethan Kinderknecht Written by: