44 rows · Nov 24, · BTC Markets was the first exchange to be Gold Certified by Blockchain Cryptocurrencies: BTC, BCH, ETH, ETC, LTC, XRP, OMG, POWR. Based out of Melbourne, Australia, BTC bitmoneylab.de is a large digital currency exchange created to allow users to buy, sell, and trade cryptocurrencies. However, BTC Markets is more than just a platform for trading Bitcoin. The trading platform supports many altcoins, which can be traded and sold in exchange for Australian dollars/5. BTC Markets is the number 1 exchange in Australia. I have done numerous trades through this site for the last 6 months. My experience has been mostly okay at times, but sometimes I found the processing time for bitcoin/litecoin deposits and withdrawals quite sluggish resulting in the loss of trades on my part.
Review btc marketBTC Markets cryptocurrency exchange - review | Finder
Unbelievable support in an hour of need. Upgrading my iPhone to the latest firmware failed and along with it, access to 2fa.
I had already transferred and purchased my crypto and wanted to withdraw however btcmarkets put a hold on your account for 7 days which is fair enough however I needed to make a transaction with that crypto. Long story short, submitted a support ticket and not long after opening, I got an email back with two options, one being the ability to quickly prove my identity and remove the withdrawal block.
Unbelievable customer support. I also reached out on Twitter and they too got back to me pretty quickly!! Thank you team. Love your work :. I had 20k. Someone hacked my email using a german IP they also must have watched my keystrokes and cracked the MFA which I thought was supposed to be safe. I saw it happening and battled for my account for 20 mins. During this time BTC markets had no phone number, no chat line, no email to respond. There was also no way to freeze the account.
I have not heard from them since and nothing in writing despite emailing 4 times this week. Good service. Very pleased with your service. And intends to use it also in the future. Awesome service,sorted issues within 24 hours that takes other places 8 weeks. Big thumbs up. BTC Markets remain a vital trustworthy service in the cryptocoin market place. I have satisfactorily used their service for several years.
Fast and efficient customer service From: peaksupplements. The support team are quite helpful and when I got some funds left in my account after being locked out.
The team called me and let me withdraw it. I am quite happy about their professionalism and integrity. The report stated "No report data There is no trade history for the tax period available to generate a tax report". This is incorrect! Due to this failure I am also unable to generate a wallet summary which would simply tell me what my Wallet balance was at 31 June. Fix this ASAP! I lost access to my account for a long time and was too busy to get it back.
Good guys :. Overview Reviews About. See business transparency. Write a review. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved.
Pros A simple and effective exchange Offers a range of popular currency pairs for trading Might be a simple way for beginners to start buying cryptocurrency without paying extra for brokerage services Offers a public API programming tool to help automate trades.
Cons Trading fees may not be competitive at low trading volumes. Andrew Munro twitter. Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering.
It is not a recommendation to trade. What's in this review? What fiat and cryptocurrencies are supported? Which payment methods are accepted? What's it like to use BTC Markets? Fees and limits How fast will my funds be available? Is BTC Markets safe to use? What cryptocurrencies are supported? Available cryptocurrencies Browse the available cryptocurrencies from the home page. Order books Find everything you need to start trading in one place.
Logging in Get started by creating an account and a login. Fees and limits The fees below are accurate as of 16 December Platform trading fees There is a flat-rate trading fee for all crypto-to-crypto pairs, maker Withdrawal fees Withdrawal fees vary based on the cryptocurrency selected. Payment method Fees Bitcoin 0. Osko deposits are typically processed within a minute. Withdrawals days NPP withdrawals are typically processed within a minute. Direct entry withdrawals are generally processed within business days.
Step 1: Create an account. Create an account by clicking "create account" in the top right of the page. Step 2: Enter your email and choose a password. You will be taken to a page to enter your email address and to choose a password.
Step 3: Verify your email address. Step 4: Verify your identity. You will need to verify your identity before you can start trading with AUD. Step 5: Start trading. In a nutshell Pros Popular coin selection. You'll find a range of popular cryptocurrencies on BTC Markets. Useful features.
BTC Markets offers a full-featured trading experience with useful functions such as stop losses. API trading available. Cons Uncompetitive fees. BTC Markets' fees are high compared to some equivalent exchanges, even with the maximum possible fee discount. Limited liquidity on some pairs.
Not all available trading pairs are active. Withdrawal fees vary. The fee structure for cryptocurrency withdrawals can vary wildly between coins depending on the market price at the time. Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange. Go to site View details. CoinSpot Cryptocurrency Exchange. CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than cryptos.
Binance Cryptocurrency Exchange Australia. Digital Surge Cryptocurrency Exchange. CoinJar Cryptocurrency Exchange. CoinJar offers a simple way to buy, sell, or trade cryptocurrency with AUD. Enjoy free and instant deposits, fees start from 0. Easy Crypto Cryptocurrency Exchange. Bank transfer,POLi.
Easy Crypto is a simple way to buy and sell a range of cryptocurrencies, straight to and from your own crypto wallet. Disclaimer: Volatile investment product. You should consider whether you can afford to take the high risk of losing your money.
Copy the trades of leading cryptocurrency investors on this unique social investment platform. Coinmama Cryptocurrency Marketplace. Founded in , CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery. Buy bitcoin with cash or bank transfer without deposit fees through this Australia-based platform. Independent Reserve Exchange. Trade AUD and other fiat currencies against a wide range of cryptos at competitive rates.
Cointree Cryptocurrency Exchange. Kraken Cryptocurrency Exchange. Buy, sell and trade a range of digital currencies on this high-liquidity exchange — suitable for beginners right through to advanced traders.
UK residents: In addition to normal crypto trading, Kraken offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers. Paybis Cryptocurrency Exchange.
That means BTC Markets will fill the order if the market price drops to your desired level. Like many other exchanges, BTC Markets offers support through an online support page that answers commonly asked questions.
If you have a more specific problem, the exchange does have a ticketing system you can use. These types of issues result in direct responses by the BTC Markets customer support team. Most user reviews complain that the exchange does not offer phone or chat support, which would come in handy when users have questions or issues that could be handled quickly.
Identity verification makes the exchange safer. For even more security, it is highly recommended that all account holders enable two-factor authentication 2FA.
It creates an extra security layer that helps protect your account in the event someone with malicious intentions attempts to access it. BTC Markets creates another security layer by implementing a system of hot and cold wallets, along with encrypted wallets which it keeps off-site. This system helps to spread its stored assets between several secured areas. The platform also uses advanced cybersecurity methods which help to ensure that your funds are protected against hackers.
To protect your assets, BTC Markets holds a complete reserve of holdings which matches what customers currently hold on the platform. Hourly audit reconciliations are performed on the site, as well as twice-daily cryptocurrency bank account and cold wallet match confirmations.
It is also highly suggested that account holders move large quantities of digital currencies into an offline storage wallet. Funds in an online wallet are susceptible to attacks, no matter how secure the platform is. The GreenID section will request that you provide at least one form of government identification. BTC Markets will accept tenant agreements, bank statements, utility bills, vehicle registration, and other government-issued documentation as proof of residency. If the platform does need more information, you will receive a separate email outlining what is required to verify your information.
Respond with the requested information to receive confirmation that your account is approved. Trading can be done via smartphone using the BTC Markets website, but doing so is challenging. This is a disappointing aspect of BTC Markets, given the popularity of mobile browsing and app integration.
Currently, BTC Markets is intended for use by those who reside in Australia and are interested in buying, selling, and trading cryptocurrencies. BTC Markets does not provide a cryptocurrency wallet and recommends that users choose a third-party wallet to withdraw and manage their funds after trading on the exchange.
They specifically call out Electrum for Litecoin or Blockchain Wallet for Bitcoin, but there are many choices.