Content writer
Ben is a content writer at Independent Reserve with a passion for all things crypto. Before joining us, he worked as an analyst at the ACCC and was admitted as a lawyer while at Herbert Smith Freehills.
Instant Buy is a feature that lets Independent Reserve clients buy and sell cryptocurrency instantly, with access to a wider selection of tokens than what is available on the Independent Reserve order book. When you place an Instant Buy order, it's filled at the current market price as soon as you confirm it.
The Australian dollar has gone digital. AUDX brings AUD onto blockchain rails, opening up faster settlement, always-on payments, and new ways to move value across borders.
The Crypto Travel Rule will come into effect in Australia on 1 July 2026. To prepare for these requirements, Independent Reserve is introducing updates to the address book, where users manage saved withdrawal addresses.
Dollar-cost averaging is the process of making set, regular purchases of Bitcoin (or any crypto) regardless of its current trading price. These purchases work as an effort to reduce the effect of market volatility on the cost of your Bitcoin. This is usually done by dividing the total investment amount across periodic purchases.
When withdrawing crypto from Independent Reserve, most requests are processed quickly. However, in some cases, you may experience delays of up to 24 hours. These delays can occur for several reasons, including: Manual review, scheduled maintenance, metwork congestion (Bitcoin or other cryptocurrencies) and network updates or upgrades
Established in Sydney, Australia in 2013, Independent Reserve has built a reputation as the trusted cryptocurrency exchange, offering world-class security features and customer support. Independent Reserve is trusted by over 450,000 global customers, was the first licensed crypto exchange in Singapore, it’s ISO 27001 certified, independently audited on an annual basis, with a 1-to-1 reserve of all customer assets.
Bank of Melbourne (BOM) does not provide a way to directly buy, hold, or trade cryptocurrency through its own banking platforms. BOM customers can securely buy Bitcoin and crypto by making transfers to crypto exchanges such as Independent Reserve, one of Australia’s longest-running and most trusted cryptocurrency exchanges. This guide walks you through creating an account, depositing funds, and purchasing Bitcoin, along with BOM’s policies on crypto transactions, and tax considerations.
Great Southern Bank (formerly Credit Union Australia) customers can securely buy Bitcoin and crypto by making transfers to crypto exchanges such as Independent Reserve, one of Australia’s longest-running and most trusted cryptocurrency exchanges. This guide walks you through creating an account, depositing funds, and purchasing Bitcoin, along with Great Southern Bank’s policies on crypto transactions, and tax considerations.
ubank customers in Australia can securely buy Bitcoin and crypto by making transfers to crypto exchanges such as Independent Reserve, one of Australia’s longest-running and most trusted cryptocurrency exchanges. This guide walks you through creating an account, depositing funds, and purchasing Bitcoin, along with ubank’s policies on crypto transactions, and tax considerations.
When you deposit native gas tokens (e.g., ETH on Ethereum, AVAX on Avalanche, or HYPE on HyperLiquid) into your Independent Reserve account, the way you send it matters. Deposits using the native “transfer” function are automatically credited. Internal transfers or transfers using smart contracts may not automatically be credited to your account and may be unrecoverable. We recommend starting with a small test deposit to your Independent Reserve deposit address if you are unsure whether your sending platform’s transaction will be routed via a smart contract or not. If your deposit isn’t credited to your account within 24 hours, or you can see on the blockchain explorer that your transfer is in the “Internal transfers” tab, please contact us via the support screen of your account.
When assessing whether a bank is crypto-friendly, consider the following factors: Allows crypto-related transactions: Does the bank allow transactions to and from cryptocurrency exchanges? Some banks restrict or flag these transactions, so choosing one that supports crypto-related activity is essential. Transaction limits: How much does the bank allow you to send to a crypto exchange per day, week, or month. Clear crypto policies: Is the bank transparent about their approach to dealing with crypto-related transactions. Payment methods: Many banks disallow credit cards from being used for crypto transactions. It’s important to consider which types of transactions they allow (i.e. PayID, EFT, debit card, credit card, SWIFT or PayPal). Tip: If you plan to transfer a larger amount of crypto, it is sometimes best to talk with your bank's relationship manager in advance. This may help mitigate concerns the bank may have about about potential scam risks or the purpose of the transfer.
Learn how to update your name on Summ reports, including for SMSF, company, and trust accounts.
