Buy Bitcoin (BTC)
How to buy Bitcoin (BTC)
1. CREATE ACCOUNT
It’s FREE to join!Sign up is fast, secure and designed to keep your data protected.
2. DEPOSIT FUNDS
SWIFT, PayID, NPP or EFTDeposit USD, AUD or NZD using SWIFT, PayID or NPP.
3. BUY BITCOIN
Low trading feesEnter the dollar amount you want to trade for Bitcoin (BTC) and click “Buy”.
What is Bitcoin?
Bitcoin is more than just digital money. It is the world's first fully decentralised digital currency and payment network. Bitcoin (BTC) is the most popular cryptocurrency, with a market cap that makes up almost half the entire market. With a fixed maximum supply of 21 million, Bitcoin is a scarce digital asset. After the remaining ten percent has been mined, there will be no more Bitcoin minted.
Money without middlemen
Bitcoin allows people to send money to each other without needing to go through a third party. It operates free of central control and without bias. Anyone can send and receive Bitcoin payments, from anywhere in the world, using an online wallet.
Sending overseas remittances and making micropayments with Bitcoin is far cheaper than traditional methods. It is widely accepted, and for some retailers, Bitcoin is even the preferred payment method. In many countries, there are even Bitcoin ATMs that allow travellers to withdraw cash into the local fiat currency, without paying expensive fees.
In cryptography, we trust
The protocol runs on open-source software that is distributed across a global peer-to-peer (P2P) network of computers. Bitcoin replaces financial intermediaries with cryptography. This is where the name cryptocurrency comes from. Bitcoin facilitates trustless transactions and uses a proof-of-work (PoW) mining algorithm to validate and confirm data. Transactions are processed in blocks and linked together in a chain, hence the name blockchain.
Bitcoin has revolutionised money. Its arrival is hard to overstate. Built upon decades of research in computer science, Bitcoin has had a profound impact on modern economics. Without Bitcoin’s blockchain, there would be no other cryptocurrencies, and without the blockchain, there would be no Bitcoin.
Buy Bitcoin (BTC) on the go
Buy and sell Bitcoin (BTC) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.
Frequently asked questions
The best place to buy Bitcoin (BTC)
Lower feesTrading from 0.5% down to 0.02%
24/7 supportOur team of experts are on hand to help with any issue you might have
Voted #1Digital Currency Exchange of the Year 2019-2021
How we treat client assets
We maintain a full 1:1 reserve 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.
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.
We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can. We keep your assets safe. That is our promise.
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.
Explore our features
Buy, sell and store Bitcoin (BTC)
Trade Bitcoin (BTC) on your mobile or your desktop.
Available on iOS and Android
Buy and sell Bitcoin (BTC) in seconds, track your portfolio and monitor the crypto market on the go.
Dollar Cost Average (DCA) your crypto purchases using AutoTrader and AutoBuy on deposit.
Buy and sell limit orders
You have easy and advanced ways to buy and sell crypto. Order types include simple, market, limit and advanced “stop buy” and “stop sell”.
Bitcoin (BTC) OTC desk
Our over-the-counter (OTC) trading desk offers deeper liquidity and a private, more personalised service for institutional investors and high-net-worth individuals who need to fill large orders that might be too price-disruptive on open markets at exchanges.
Whether you are looking to trade Bitcoin or other cryptocurrencies OTC from $50,000 to $50 million, our industry-leading desk will provide you with seamless trade execution and settlement services that are discreet, secure and ultra-competitive.
Get started today
Register, deposit and trade in 5 minutes.