Independent Reserve is a very well established Australian bitcoin exchange industry having been founded in Sydney 5 years ago. In April 2018 they became the first exchange to be regulated by AUSTRAC.
Another Melbourne-based exchange operating since 2013, CoinLoft is a relatively straight-forward service for purchasing bitcoin via bank deposit or cash at Smart ATMs or participating newsagents.
Bit Trade is a well established Bitcoin and Ethereum exchange with a strong offering that includes usability, pricing, trade limits and 24 hour trading. Special deal of 0% commission on trades in June 2018.
Those are our rankings for the top 10 Bitcoin exchanges for Australians based on our own experiences. They are subjective in nature and we will review them on a regular basis.
Before deciding which Bitcoin exchange to use, make sure you consider the following –
- Longevity and security of the exchange
- Account verification procedures
- Range of deposit options
- Fees to deposit cash and buy crypto
- Range of cryptocurrencies available to buy
- Daily deposit and withdrawal limits
For a more detailed guide take a look at our how to buy Bitcoin article.