Who is
Independent Reserve?
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The Bitcoin and
Digital Currency
Market

Scheduled Maintenance Complete – All systems operational

22 Apr 2018 17:55
Nicholas Fletcher, Customer Experience Officer

Scheduled Maintenance Complete – All systems operational

Independent Reserve is a Bitcoin and Digital Currency exchange where investors, traders and everyday people come to buy and sell Bitcoin, Ether, Bitcoin Cash and Litecoin

XBT XBT ETH ETH BCH BCH LTC LTC

XBT XBT ETH ETH BCH BCH LTC LTC

Independent Reserve is a registered Australian company, committed to institutionalising the Digital Currency industry. We are an industry member of the Australian Digital Commerce Association (ADCA) - read more about our governance.

The technology behind Independent Reserve is our proprietary Airmarshal™ platform, which provides a secure, robust, scalable system for online trading. We also provide the secure Airbridge™ API for third parties integrating with Independent Reserve.

Buy and sell Bitcoin, Ether, Bitcoin Cash and Litecoin using any of our three supported currencies

USD USD AUD AUD NZD NZD

USD USD AUD AUD NZD NZD

Four Easy Steps

In four easy steps, you can be securely trading Bitcoin and Ether.

Create an Account

It doesn't cost anything, and it only takes a moment.

Verify your Identity

We are legally required to verify your identity before you can trade. We will ask for some personal information, and then send you a security code in the mail. Once you've entered the code mailed to you, your account will be immediately ready to trade.

Deposit Funds

To buy Bitcoin or Ether, you need to first deposit funds into your account. For Australian customers we accept Electronic Funds Transfer. International customers may make a SWIFT transfer into our bank account. To sell Bitcoin or Ether, you may deposit Bitcoin and Ether into your Independent Reserve account.

Buy and Sell Bitcoin and Ether

Once your account is funded, you may then follow the prompts to buy and sell Bitcoin or Ether. When you're finished, you may keep your money at Independent Reserve for safekeeping, or withdraw it to your own Bitcoin or Ether wallet or bank account.

Create an Account

It doesn't cost anything, and it only takes a moment.

Verify your Identity

We are legally required to verify your identity before you can trade. We will ask for some personal information, and then send you a security code in the mail. Once you've entered the code mailed to you, your account will be immediately ready to trade.

Deposit Funds

To buy Bitcoin or Ether, you need to first deposit funds into your account. For Australian customers we accept Electronic Funds Transfer. International customers may make a SWIFT transfer into our bank account. To sell Bitcoin or Ether, you may deposit Bitcoin and Ether into your Independent Reserve account.

Buy and Sell Bitcoin and Ether

Once your account is funded, you may then follow the prompts to buy and sell Bitcoin or Ether. When you're finished, you may keep your money at Independent Reserve for safekeeping, or withdraw it to your own Bitcoin or Ether wallet or bank account.

Multi-Currency Trading

Independent Reserve facilitates trading Bitcoin and Ether in three currencies: USD, AUD and NZD. When depositing funds into your Independent Reserve account, you can choose to credit any of your accounts.

Independent Reserve features a multi-currency order book which automatically converts all open orders into your currency of choice. This means that you can take advantage of the full pool of open orders to always get the best possible price when trading Bitcoin (Ether), as someone using AUD can transparently buy Bitcoin (Ether) from another user who trades in USD or NZD, and vice versa.

  Aud Usd Nzd
1 Aud = 1 0.7389 1.0695
1 Usd = 1.3038 1 1.4171
1 Nzd = 0.8954 0.6757 1

Fee Schedule

Trade commission As low as 0.1 %, click here for full fee schedule
Electronic Funds Transfer deposits Electronic Funds Transfer deposits of AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
SWIFT deposits SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Bitcoin and Ether deposits Free
Australian AUD withdrawals Free
International or non AUD withdrawals $20.00
Bitcoin withdrawals XBT 0.0001
Ether withdrawals ETH 0.001
Bitcoin Cash withdrawals BCH 0.0001
Litecoin withdrawals LTC 0.001
Airbridge™ API Free

The People's Money - Bitcoin

Adam Tepper, founding partner of Independent Reserve, explains the concepts behind Bitcoin in an approachable and easy to understand way.

Adam's book leaves the reader with a solid understanding of this revolutionary new technology and the vast potential that it brings.

Get the Book

The People's Money - Bitcoin'

In the Media

Independent Reserve reduces crypto withdrawal fees

24 Apr 2018 15:39
Nicholas Fletcher, Customer Experience Officer

Independent Reserve has reduced all cryptocurrency withdrawal fees recently off the back of general network improvements in part thanks to general transfer batching and Bitcoin SegWit adoption.  We have also implemented SegWit for Bitcoin as part of our recent scheduled maintenance.  Other recent changes include:

  • BCH new format addresses are now live
  • Mobile view compatibility fixes
  • 2FA now required (if enabled) for crypto withdrawals, instead of password
  • New verification and account creation interface
  • Reduced some crypto deposit confirmations required
  • Various other bugs squashed.

Independent Reserve reduces crypto withdrawal fees


First Australian digital currency exchange regulated: Independent Reserve

3 Apr 2018 12:00
Nicholas Fletcher, Customer Experience Officer

12:00, 3 April, 2018 (Sydney) Independent Reserve, the Australian digital currency exchange, this morning became the first Australian exchange of its kind to be regulated.

Independent Reserve is the first exchange to be regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC). Set up in 1989, AUSTRAC ensures Australian institutions conform to the required standards around Counter-Terrorism Financing and Know Your Customer rules.

CEO Adrian Przelozny said the regulation represented a huge leap forward for the local digital currency industry. “We have been lobbying for increased regulation since we opened for business in 2014,” he said. “We passionately believe that the digital currency economy will – and should – become just another part of the mainstream economy. In order for that to happen, digital currency needs to be regulated just like any other asset class. This is an excellent new step on that journey.”

Independent Reserve investor Steve James said AUSTRAC regulation would also help exchanges interact more easily with the banking sector. “Coming from a banking background it’s easy to see why banks have seen this sector as a potential AML/CTF risk,” he said. “While in the past we’ve seen the bigger banks showing reluctance to get involved, now we have… click for more

First Australian digital currency exchange regulated: Independent Reserve


No bank deposits over the long weekend

28 Mar 2018 11:54
Nicholas Fletcher, Customer Experience Officer

If you wish to deposit any money with us for trading over the long weekend, we highly recommend you make the deposit today, as the banks will not be processing any transfers over the long weekend.  Our final deposit run will be on Friday morning, but to hit this run you will need to place the deposit at the latest by COB Wednesday (today!), for $AUD deposits.  If you miss the cut off, the money will not hit our account until Wednesday morning next week, so don’t delay!

For $NZD or $USD deposits, SWIFT takes even longer, so if you have not placed your deposit yet, you will likely have missed the cut off.

Independent Reserve wishes everyone a happy Easter!

No bank deposits over the long weekend

Industry News

Guide to SMSF investing into Digital Currency

6 Aug 2017 12:00
Adrian Przelozny, CEO

A great guide to investing superannuation funds into Digital Currency via Independent Reserve! click for more

Guide to SMSF investing into Digital Currency


Dutch High School Exam Features Bitcoin-Themed Questions

19 May 2018 17:51
Ashkhen Zakharyan

Mathematics questions pertaining to bitcoin have been included in recent high school matriculation examinations in the Netherlands. Approximately 200,000 Dutch students are estimated to have taken the OVW exam, a mandatory test for students seeking tertiary education in the Netherlands, which included five bitcoin-themed questions.

According to a rough translation of the examination paper circulating on Reddit, students were given the following question introduction:

“Bitcoin is a digital currency that only exists online. It has existed since January 1st, 2009, and can be used as payment method in webstores and for other online services. Bitcoin is not, like standard money, made by a central bank. Instead, all bitcoin that exist are created by having computers participate in solving specific mathematical problems. This works as follows: everyone can run special software on his or her computer that participates in solving such a mathematical problem. The owner of the computer that solves the problem receives 25 (newly created) bitcoin as a reward. Because it was the case that in 2014 such a problem is solved every 10 minutes, 25 new bitcoins were created every 10 minutes. On January 1st, there were (approximately) 12.2 million bitcoin.

”Following from the preceding introduction, students were asked to solve… click for more

Dutch High School Exam Features Bitcoin-Themed Questions

Education

How to spot a Bitcoin scam

29 Nov 2017 12:01
Lasanka Perera

Bitcoin’s decentralised, permissionless, borderless nature means that anyone can start accepting payments from anyone anywhere in the world without incorporating in regulated jurisdictions and setting up bank accounts or merchant facilities. As the Bitcoin price rises and gets mainstream coverage, it has given rise to many scams targeting retail investors. As with any financial product, it pays to take the time to understand your investment, and protect yourself from unscrupulous operators.

One particularly prevalent form of Bitcoin scam doing the rounds right now is the Ponzi or pyramid scheme. In a Ponzi scheme, the promoter promises investors a regular return on money they put into the scheme. The promoter will say money is being generated by investment or trading activities, but in reality the money is coming from new entrants into the scheme and no real investment exists. The Ponzi scheme eventually collapses when the original promoter walks away with all the money.

Ponzi schemes have some common features which taken together, indicate a less than legitimate operation. If you’re considering putting money into a scheme with one or more of these features, it may be a scam:

1. The person recruiting you to the scheme is a trusted friend, family member or… click for more

How to spot a Bitcoin scam


An Introduction to Bitcoin and Blockchain Technology

31 Jan 2017 16:10
Adrian Przelozny, CEO

Bitcoin and blockchain technologies have received a lot of press coverage in recent times, and it is important to understand the relationship and differences between the two.

In this article we aim to explain and demystify some of the key concepts underpinning these technologies.

Bitcoin is a Digital Currency and a peer-to-peer payment network. Transactions are verified by nodes on the network, and stored on a global, public ledger called the blockchain.

A bitcoin refers to a unit of account on the blockchain. It is a digital currency created and held electronically, that is produced by people running specialised computers all around the world. This creation process is referred to as ‘mining’ and consists of using computing power in the distributed network to solve mathematical problems. The mining process is very computationally intensive, and it is what provides security for all the transactions on the Bitcoin network.

Bitcoin is decentralized and completely transparent thanks to the Bitcoin blockchain, which stores details of every single transaction that has ever occurred on the network. There are many free websites available online where anyone can inspect and view any transaction which has ever taken place on the Bitcoin network.

Bitcoin was created in 2009, by a pseudonymous programmer… click for more

An Introduction to Bitcoin and Blockchain Technology


Adam Tepper answers some common questions about Bitcoin

12 Oct 2014 10:41
Adrian Przelozny, CEO

Adam Tepper answers some common questions about Bitcoin

Xbt / Aud Trade History

What others are saying

Independent Reserve has been able to merge expertise in technology, with a strong foundation in finance.

Michael Go
Chairman, Advisory Board