Btc Bitcoin
32,599 .00
+0.26%
37 .50 AUD 1,212,656 .03

Order Book BTC / AUD

Buyers
Price (AUD)Volume (BTC)
32,594 .20 0 .51400000
32,590 .00 1 .50000000
32,580 .50 0 .98400000
32,560 .00 1 .50000000
32,543 .26 0 .33765613
32,540 .01 1 .49100000
32,502 .85 0 .33782309
32,499 .61 7 .13600000
32,411 .87 0 .33847522
32,408 .63 4 .10400000
32,402 .59 0 .00010000
32,300 .31 0 .01135850
Page 1 of 60
Sellers
Price (AUD)Volume (BTC)
32,654 .27 0 .20000000
32,654 .28 0 .67610000
32,655 .00 1 .50000000
32,655 .10 0 .51400000
32,660 .60 0 .98400000
32,685 .00 1 .50000000
32,718 .79 0 .57204193
32,722 .07 1 .49100000
32,755 .62 0 .02285411
32,755 .63 7 .07200000
32,765 .30 0 .19840000
32,777 .77 0 .31388028
Page 1 of 30

Recent Trades

Time Price Volume (BTC)
4 minutes
AUD 32,599 .00 0 .01000000
4 minutes
AUD 32,605 .00 0 .02000000
5 minutes
AUD 32,601 .90 0 .01000000
5 minutes
AUD 32,600 .80 0 .02000000
5 minutes
AUD 32,607 .70 0 .01000000
6 minutes
AUD 32,600 .00 0 .00182700
8 minutes
AUD 32,575 .70 0 .01000000
9 minutes
AUD 32,572 .50 0 .01000000
9 minutes
AUD 32,571 .30 0 .02000000
10 minutes
AUD 32,568 .70 0 .05000000
10 minutes
AUD 32,563 .50 0 .11000000
10 minutes
AUD 32,557 .90 0 .05000000
10 minutes
AUD 32,557 .70 0 .08000000
10 minutes
AUD 32,551 .90 0 .01000000
10 minutes
AUD 32,541 .30 0 .01000000

Need more liquidity?
Contact our OTC desk for large orders.

Contact OTC

Bitcoin Prices

Price basics

The Bitcoin price is based off the cost of one whole Bitcoin, similar to the way that shares in a company are priced in a share market. Unlike traditional share markets, however, you may buy and sell fractional amounts of Bitcoin. For example, if the Bitcoin market price is $12 000, you can buy 0.5 Bitcoin for $6 000. You can read more about this in the What is Bitcoin page. The price of Bitcoin on Independent Reserve is purely based off the trading behaviours of our customers. As explained in the How to buy Bitcoin page, Independent Reserve is purely an open order book exchange. We do not supply Bitcoin - when you buy Bitcoin here you are simply buying it directly off another Independent Reserve customer who is looking to sell. The Bitcoin price will go up when there are more buyers than sellers, and the price will go down when there are more sellers than buyers.

Arbitraging

It's important to understand that with Bitcoin and most cryptocurrencies, exchanges are not connected. This means that on one exchange the price can conceivably be quite different to another exchange. If the market price between two exchanges diverges enough, this presents an arbitrage opportunity, where Bitcoin can be bought on the exchange with the lower price, transferred to the other exchange, and then sold for a profit. This is the main mechanism that keeps prices on different exchanges in line with each other.

Volatility

The Bitcoin price has historically been quite volatile when compared with traditional share markets. This makes it a commodity to trade, where proportionally high gains (and losses!) can be realised in relatively quick time periods.

How we treat client assets

No commingling of customer funds: We keep client assets completely separate from our own.
1:1 reserves

1:1 reserves

We keep 1-to-1 reserves of all client fiat and crypto assets.

We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.

Audited

Audited

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

Segregated funds

We maintain complete segregation of our customers’ crypto and fiat assets. We ensure that your funds are kept safe so that when you need to make a withdrawal, you can. That is our promise.

Sole custodian

Sole custodian

Independent Reserve is a sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.

We adhere to industry best practices and never lend, trade or reinvest your assets.