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Where to buy bitcoin te Australia
This past week the Bitcoin druppel kasstuk the headlines fairly a few times. China’s ICO regulation announcement caused fairly the stir and opening the chance for many spectators to leap te.
However purchasing bitcoin ter Australia is not spil ordinary spil that. The past week I went through three of the most popular options. Leaped through the loops of identity verification and played the waiting spel hoping the prices won’t shoot up again while my canap deposit took place.
Independent Reserve is a popular exchange. They permit trading te numerous AUD pairings spil well spil USD and NZD.
The best thing about Independent Reserve is their verification and purchase time, I wasgoed able to verify and place an instant order with Poli te less than 1 hour. Unlike Cointree, your poli payments permit you to withdraw the Bitcoin you purchase instantaneously.
This wasgoed my thickest savior spil it permitted mij to withdraw my funds straight away into exchanges like Bitrex or Binance and get back to trading.
Their support is certainly amazing, I wasgoed able to increase my account boundaries within less then 1 hour.
If you want to buy te NOW then thesis guys are the best choice considering the speed of ID verification and payment. Kudos to them.
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If you determine to use the Independent Reserve, please checkout with my referral code https://www.independentreserve.com?invite=WJPMJN
BTCMarkets is an exchange where you place buy and sell orders for the amount of bitcoin you want to buy. They presently have a number of pairings like Bitcoin, Ethereum, Litecoin and Monero.
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They charge a 0.85% sliding commission which means the more you trade the lower the commission. Depositing funds is done through Poli and Bpay.
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BTCMarkets seems to be the most popular with numerous trades happening every minute so you are not left there waiting for your buy order to be fulfilled (assuming you place a reasonable request).
I witnessed a large volume of orders ranging from $200 all the way up to $100k+ so it’s undoubtedly not a puny time exchange.
Their support is however an absolute let down. Prepare to wait days for a unhelpful response. My poli deposit has taken almost a entire week and is still pending. There are lots of complaints on their Facebook pagina about slow payments too.
If you wish to get ter quick BTCMarkets is not the option spil their verification process will take up to Ten days spil they opt to send you a letterteken ter the mail for ID verification. Merienda you’re ter tho’, the trade volume is certainly looks good.
Unlike the other two options, Cointree only permits you to buy at the “market” price. You vereiste waterput faith te their business prototype where they promise to find you the best possible price.
They charge a 3% commission which can be quiebro high if you project on purchasing a large amount.
Cointree’s payment monster is not very comforting spil you will be required to place an order without knowing exactly how much you are getting ter comeback.
Cointree has three payment methods:
- Handelsbank transfer payments (with a limit of $500?!) can take up to 2-3 days, so you vereiste wait and beg that the price does not fluctuate too much.
- Their Poli payment option is “instant” so you are able to purchase at their current rate, however your Bitcoin is locked ter their account for 1-2 days until the funds clear.
- Their overheen the toonbank deposit at NAB bankgebouw permits you to deposit up to $Five,000 and they eis it takes about 30 minutes for the confirmation.
If you simply want to buy Bitcoin without worrying about the price, then Cointree will be the best option for you.
If you understand the bitcoin market then their business specimen may not be the best getraind for you. For example, I waterput through 1 handelsbank transfer order during the dip, however by the time it took for my funds to clear I ended up purchasing at a higher rate. My poli transfer wasgoed “instant” but locked te the account for Two days, not permitting mij to withdraw the funds and trade te the exchanges. (This wasgoed depressing). This is unlike independent reserve who let you buy and withdraw instantly.
Cointree support seems to be very responsive, live talk is always online however I found to be rather rude and unhelpful.
If you do determine to end up using Cointree please use my referral listig https://www.cointree.com.au/?r=3300
Te summary, if you want the best price and just to rely on someone, use the Cointree Poli instant payment. That way you can lock ter a price which is generally slightly lower than other vendors. Don’t bother with their Bankgebouw Transfer or you will take the risk of a price hike like I did.
Use Independent Reserve if you want quick bitcoin to take to the exchanges.