Sched. Maintenance: 31 May 14:00 UTC+10. Expect 4 hour outage

28 May 2020 11:00

Sched. Maintenance: 31 May 14:00 UTC+10. Expect 4 hour outage


Scheduled Maintenance Complete – All systems operational

4 May 2020 22:30

Scheduled Maintenance Complete – All systems operational


Sched. Maintenance: 4 May 22:00 UTC+10. Expect 15 min outage

4 May 2020 11:00

Sched. Maintenance: 4 May 22:00 UTC+10. Expect 15 min outage

In the Media

Bitcoin Halving: what you need to know

27 Apr 2020 10:00
Independent Reserve team

The Bitcoin halving is around the corner

Summary:

  • The supply of new Bitcoin is reducing by 50% on around the 12th of May 2020
  • Historically the halving has led to significant price appreciation
  • Google trends search interest of the 'Bitcoin… click for more

Bitcoin Halving: what you need to know


Introducing Tether, the most popular stablecoin in crypto

27 Apr 2020 09:00
Independent Reserve team

You may have seen that we recently added Tether (USDT) onto our exchange. It may seem like just another crypto, but there is more to USDT than meets the eye.


What is Tether (USDT)?

Tether is a stablecoin that is designed to mirror the price stability of the US dollar with the speed and transferability of the Ethereum blockchain. Tether is designed so that each USDT is 100% backed by reserves.


What is Tether used for?

The market cap of Tether has more than doubled in the last year and as of April 2020 sits at US$10 billion dollars, making it over 80% of the combined market cap of all stablecoins. As the most popular digital asset pegged to the U.S Dollar, Tether provides a number of unique advantages for individuals, traders and investors:

  1. Transfer of value across national boundaries in… click for more

Introducing Tether, the most popular stablecoin in crypto


PlayChip (PLA) delisting

21 Feb 2020 10:00
Nicholas Fletcher, Customer Experience Officer

PlayChip (PLA) and related trading pairs will be delisted due to low liquidity and trading volume.

Trading will cease at 2pm AEDT on 22 March 2020 with a six month grace period to allow users to withdraw their PlayChip from Independent Reserve. Withdrawal requests after the six month grace period will incur additional processing fees and may be delayed.

Please note that all open orders will be automatically cancelled after trading ceases on the 22nd of March.

PlayChip (PLA) delisting


BSV & USDT listing

6 Feb 2020 11:00
Nicholas Fletcher, Customer Experience Officer

We're listing Bitcoin SV (BSV) and Tether (USDT)

We are happy to announce that we will be listing Bitcoin SV (BSV) and Tether (USDT) on our exchange. Deposits and withdrawals will be activated on Sunday with trading going live on Tuesday morning.

Reduced trading fees for BSV and USDT

There will be an introductory brokerage fee for BSV and USDT of 0.1% for two weeks, so be sure to get your trades in early.

Listing information

We will be performing system maintenance and upgrades on Sunday 9th February at 2pm (AEDT). We expect this to last approximately 4 hours and during this time you will not be able to access your Independent … click for more

BSV & USDT listing


Press release: Study finds Australians believe cryptocurrency is an opportunity of a generation

12 Nov 2019 12:00
Independent Reserve team

More than 50% of Australian under the age 40 will own crypto in 5 years

The launch of the inaugural Independent Reserve Cryptocurrency Index (IRCI) has found Australians believe that cryptocurrency will inevitably be part of everyday life – and are rushing to stock up.

The study found that Australians have a positive outlook on the future of digital currencies, with as many Australians owning crypto (17%) as those who own two investment properties in Australia (17%)1.

Key findings:

  • As many Australians own crypto (17%) as those who own more than one investment property (17%)2
  • Nearly half of crypto investors spend $100 or less per month (47%)
  • Nearly a third of regular investors spend $100 to $500 per month on cryptocurrency
  • Majority of Australians (under the age of 44) believe crypto will be widely accepted by people and businesses
  • In five years, the majority of millennials and Gen-Z's will own crypto
  • A quarter of all respondents under the age of 44 are considering using their superannuation to purchase crypto
  • Bitcoin is the most recognised and owned of all digital currencies in Australia

Bitcoin is the new property market

Talking about house prices and property investing is a national pastime but investing in Bitcoin and… click for more

Press release: Study finds Australians believe cryptocurrency is an opportunity of a generation


Dollar Cost Averaging Crypto on Independent Reserve

31 Oct 2019 10:00
Nicholas Fletcher, Customer Experience Officer

Independent Reserve has recently released a new feature called AutoTrader. AutoTrader allows you to create automated trading strategies.

Our first strategy: AutoBuy on Deposit allows you automatically buy crypto each time you deposit money. Paired with a scheduled bank transfer, it allows you to regularly buy crypto (daily, weekly, monthly, etc) without lifting a finger.

How AutoBuy benefits you

Regularly purchasing crypto allows you to dollar cost average (DCA) your Bitcoin and other crypto purchases.

Benefit of dollar cost averaging your crypto purchases:

  • You don't have to worry about trying to time the market
  • You buy smaller parcels of crypto, limiting your exposure to the volatility … click for more

Dollar Cost Averaging Crypto on Independent Reserve


Press Release: Smart Money Floods Into Crypto

9 Oct 2019 10:00
Nicholas Fletcher, Customer Experience Officer

New figures show generational shift indigital asset trading

Australia's leading cryptocurrency exchange Independent Reserve reveals rising levels of Baby Boomer & Generation X interest in digital currencies

Key highlights:

  • The 45+ age group jumped from 22% of overall users in 2017 to 29% in 2019
  • There’s been a large down shift (as a percentage) from Gen-Z/Millennials to Gen-Xers
  • While participation from post millenials (18-24) dropped by 2% from 2017 to 2019, retirees (65+) jumped by 2%
  • Trading activity has doubled among retirees (65+) since January this year

Source: Independent Reserve

Changing demographics

While millennials are often touted as the most 'tech-savvy' of the generations, Gen-Xers and Baby Boomers are catching up when it comes to getting amongst the crypto action.

Adrian Przelozny, CEO and founder of Independent Reserve said the platform's latest data revealed that the average crypto investor is transforming from early technology adopters to… click for more

Press Release: Smart Money Floods Into Crypto


Scheduled maintenance and Ethereum Classic listing

25 Jul 2019 15:30
Nicholas Fletcher, Customer Experience Officer

We are excited to announce the imminent launch of Ethereum Clasic, our 14th listed cryptocurrency. Ethereum Classic is very similar to Ethereum, in that it is a smart contracts platform with an attached cryptocurrency. It uses same wallet address format as Ethereum, has the same blocktime as Ethereum, but uses the ETC ticker code. Ethereum forked off from Ethereum Classic in July of 2016. You can read more about Ethereum Classic on their project site.

We will be releasing this with an introductory brokerage fee of 0.1% (for ETC only), this will last for two weeks so ensure you get your trades in early!

Timing:

We will be performing system maintenance and upgrades on Sunday 24th July at 2pm Sydney time. We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account. Once this completes, deposits and withdrawals will be enabled for ETC. Trading … click for more

Scheduled maintenance and Ethereum Classic listing


Independent Reserve wins Cryptocurrency Exchange of the Year award

24 Jul 2019 09:00
Nicholas Fletcher, Customer Experience Officer

Independent Reserve has won a top prize at this year's inaugural Australian Blockchain Industry Awards, taking out Digital Currency Exchange of the Year.

Adrian Przelozny, CEO and founder of Independent Reserve, said it was an honour to be recognised among a field of strong and distinguished entrants.

"It's a real privilege to stand alongside some of the incredible innovators in this year's Australian Blockchain Industry Awards. Winning Digital Currency Exchange of the Year is testament to the hard work and consistent effort our team has put in to making Independent Reserve the top tier exchange that it is today. I'm extremely proud of what we've achieved so far, and I look forward to progressing this further."

The win follows a succession of strategic partnerships and exciting business growth for the leading cryptocurrency exchange in recent times.

"With cryptocurrency markets growing at a rapid… click for more

Independent Reserve wins Cryptocurrency Exchange of the Year award


Independent Reserve's 6th Anniversary

13 Jun 2019 15:00
Adrian Przelozny, CEO

Today is Independent Reserve’s 6th anniversary.

When Independent Reserve was launched in 2013, the team set out to provide the best platform for Australians to securely trade and hold cryptocurrencies. Over the last 6 years, the team has enabled over 100,000 clients to invest in cryptocurrencies with strong confidence through our approach and expertise.

Throughout the journey, we've kept our focus on creating a customer-centric business which seeks to give customers what they want at scale. We believe this is crucial for the business to be market leading and sustainable.

Since Independent Reserve's inception, the company has stayed busy working with regulators and building out custody solutions. The exchange now lists 13 currencies on the platform, up from only three last year. We have launched a tax tool co-developed with KPMG to help our customers easily estimate their tax obligations. Additionally, we became the first crypto exchange in … click for more

Independent Reserve's 6th Anniversary


CEO Adrian's interview with Stockhead

24 May 2019 15:00
Independent Reserve

If you're still watching the crypto markets, then this will come as old news: Bitcoin has been on a tear.

The world's largest crypto has recently doubled in value to top out above the $US8,000 mark.

And it's separated itself from the pack a bit, compared to the 2017 craze when Bitcoin and other major alt-coins surge to all-time highs.

Adrian Przelozny, CEO of local crypto exchange Independent Reserve, has had a front row seat for the recent market activity following an extended period of lower volatility.

While markets were quieter, the company stayed busy working with regulators and building out custody solutions. It now lists 13 currencies on the platform, up from only five last year. Stockhead spoke to Przelozny to get an update on his views around the market, and the near-term outlook for his company.

For starters, the latest rally gives rise to an obvious question for many traders and market observers; what's causing it?

Scarcity factor

click for more

CEO Adrian's interview with Stockhead


Osko / PayID deposits now available

14 May 2019 12:00
Nicholas Fletcher, Customer Experience Officer

Independent Reserve is pleased to announce customers can now make deposits using the Osko / PayID system. Osko allows you to make near instant deposits from an Australian bank account, so no more waiting a day or two for your deposit to show up! Note: a small percentage of deposits will be delayed by the banks.

Make sure any deposits you make has your unique reference code in the message or description. This will appear differently depending on your bank.

Deposits above AU$ 500 are free. See HERE for more information.

Osko / PayID deposits now available


Scheduled maintenance and new coin listings

9 May 2019 14:00
Nicholas Fletcher, Customer Experience Officer

We are pleased to announce the launch of 3 new ERC20 tokens:

  • Basic Attention Token (BAT)
  • Augur token (REP)
  • Golem Network Token (GNT)

What is Basic Attention Token?

BAT, or Basic Attention Token, is an ERC20 token that is built to address inefficiencies in online advertising. Instead of users being subjected to ads while they browse, they can pay BAT tokens to content creators, or alternatively watch ads in return for BAT tokens. Participants in this ecosystem would use the Brave browser. To read more about the browser and BAT (Brave Rewards), see here.

What is Augur?

Augur is a decentralised prediction market that leverages crowd perception on an event. Prediction markets have existed for a while, however Augur is the first decentralised one, allowing an event's outcome to be decided by the "crowd", as opposed to a centralised authority like in a… click for more

Scheduled maintenance and new coin listings


Easter/ANZAC day fiat deposits and withdrawals

16 Apr 2019 17:00
Nicholas Fletcher, Customer Experience Officer

Please be aware that over the Easter and ANZAC day break there will be an impact to fiat (AUD, USD, NZD) deposits and withdrawals.

As Friday 19th, Monday 22nd, and Thursday 25th are all public holidays, banking deposits and withdrawals will be delayed around these days due to the banks halting processing. We recommend making deposits and withdrawals ahead of time, or for deposits you can use POLi for instant transfers.

Easter/ANZAC day fiat deposits and withdrawals


Scheduled maintenance and Stellar listing

4 Apr 2019 14:30
Nicholas Fletcher, Customer Experience Officer

We are excited to announce the imminent launch of Stellar, our 10th listed cryptocurrency. Stellar is a platform aimed at making cross country and currency transfers easier, cheaper, and quicker. Stellar shares a lot with Ripple XRP, and was originally forked from the XRP code base back in 2014. Stellar's native currency is called the Stellar Lumen, and uses the ticker XLM. You can read more about Stellar on their project site.

We will be releasing this with an introductory brokerage fee of 0.1% (for Stellar Lumens only), this will last for two weeks so ensure you get your trades in early!

Timing:

We will be performing system maintenance and upgrades on Sunday 7th April at 2pm (AEST - note the 7th is the first day of non-daylight saving time!). We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account. Once this completes, deposits… click for more

Scheduled maintenance and Stellar listing

Industry News

Guide to SMSF investing into Cryptocurrency

6 Aug 2017 22:00
Adrian Przelozny, CEO

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

Guide to SMSF investing into Cryptocurrency


BTC A$13.6k. BTC down, fees up, Goldman Sachs takes a 2nd look

26 May 2020 15:00
Independent Reserve Trading Desk

Market Update 20th – 26th May 2020

In Markets

Bitcoin appears to have the post-halving blues, falling 7.6% this week. It's trading just above $13,600 at the time of writing. Somewhat unusually, Bitcoin experienced a much bigger loss over the past seven days than any of the other coins in the top 10 (apart from BSV) but that's probably because its gains for the month are still 18.4% - three times more than its closest competitor Ethereum (which only rose 5.5% this month). Ether is down 3.3% for the week, Bitcoin Cash (-6%), Bitcoin SV (-8%), Litecoin (-4%), EOS (-3.5%) and Stellar (-5.3%).

Source: Independent Reserve… click for more

BTC A$13.6k. BTC down, fees up, Goldman Sachs takes a 2nd look


BTC A$14.8k. Miners cool off, fees up, bull mode coming?

19 May 2020 15:00
Independent Reserve Trading Desk

Market Update 13th – 19th May 2020

In Markets

Bitcoin is up 12.8% on this time last week to trade at just under $14,800 at the time of writing. However, BTC seems very reluctant to make a sustained break above the psychological US$10,000 mark (A$15,331). The overall trend is very positive with BTC up by a third in the past month. Ryan Selkis from Messari noted that what he's calling the 'Pomp Trade' – "Long Bitcoin Short the Bankers" - has paid off in spades this year, with BTC up 38% YTD while the major US banks have lost 37% or more. Ether was up 15.2% on seven days ago, XRP was up 6.2%, Bitcoin Cash (6.9%), LTC (9.3%), EOS (10.5%) and click for more

BTC A$14.8k. Miners cool off, fees up, bull mode coming?


BTC A$13.5k. Halving is here, now what?

12 May 2020 15:00
Independent Reserve Trading Desk

Market Update 6th – 12th May 2020

In Markets

Despite a sharp fall on the weekend, Bitcoin finished the week just 3.24% down and was trading at just over $13,500 at the time of writing. It's up 25% for the month. The Bitcoin Fear and Greed Index is at 40 or 'neutral' which suggests traders have quickly shrugged off the volatility. Still, it was a sea of red for the remainder of the top ten with Ethereum down 10.3%, XRP (-12.2%), Bitcoin Cash (-5.8%), Bitcoin SV (-11.2%), Litecoin (-12.5%), EOS (-13.5%). Stellar was down 15.2%.

Source: Independent Reserve Bitcoin/AUD chart

In Headlines

Through the looking glass

click for more

BTC A$13.5k. Halving is here, now what?


BTC A$14k. 7 days till halving. Investment bank says buy Bitcoin

5 May 2020 15:00
Independent Reserve Trading Desk

Market Update 29th April – 5th May 2020

In Markets

The Bitcoin price has been on the move in the lead up to next week's halving, with BTC up 15.1% on a week ago to trade just over $14,000. Altcoins have increased to a lesser extent: Ethereum was up 6.6%, XRP (11.4%), Bitcoin Cash (2%), Bitcoin SV (6.8%), Litecoin (7.1%), EOS (2%). Stellar increased another 10.6%, bringing its gains for the month to a hefty 68%.

Source: Independent Reserve Bitcoin/AUD chart

In Headlines

Australian CMC users up 158%

CoinMarketCap's report on user trends for 2020 shows a whopping 158% growth in CMC users… click for more

BTC A$14k. 7 days till halving. Investment bank says buy Bitcoin


BTC A$12k. Confidence & anticipation building

28 Apr 2020 15:00
Independent Reserve Trading Desk

Market Update 22nd – 28th April 2020

In Markets

Lockdowns are easing, searches for the 'Bitcoin halving' have surged past their 2016 peak and the Crypto Fear and Greed Index has finally emerged from 'extreme fear after seven weeks' (it hit 28/100 yesterday which is just 'fear'). Bitcoin is up 12.7 percent this week and was trading under $12,000 at the time of writing. That's 100% up on the price it crashed to on Black Thursday... but is it showing signs of a classic bull trap? It's happy days too for Ethereum, which gained 13.6%, XRP (7.24%), Bitcoin Cash (9.3%), Bitcoin SV (4.4%), Litecoin (9.2%) and … click for more

BTC A$12k. Confidence & anticipation building


A$11k. Libra's back. 2020 Year of the Stablecoins

21 Apr 2020 14:00
Independent Reserve Trading Desk

Market Update 15th – 21st April 2020

In Markets

Bitcoin has been trading between $10,400 and $11,500 this week. It fell 4.5% in the past 24 hours following losses on Wall Street. Overall Bitcoin is up 1.1% for the week and is trading around $11,000 at the time of writing. Today's plunge wasn’t enough to erase Ether's gains for the week, which are currently 10.7%. XRP (-2.3%), … click for more

A$11k. Libra's back. 2020 Year of the Stablecoins


BTC A$10.8k. Halving season is here

14 Apr 2020 15:00
Independent Reserve Trading Desk

Market Update 8th – 14th April 2020

In Markets

After the best week since 1974, US stocks fell on Monday, with the Dow closing 1.4% down and the S&P 500 down 1%. Bitcoin fell 4.5% in tandem and it's currently trading at just under $10,800, which is 5.8% down on a week ago. Everything else was in the red: Ethereum (-6.4%), XRP (-3.75%), Bitcoin Cash (-11.3%), Bitcoin SV (-0.75%), Litecoin (-7.6%), EOS (-9.4%) and Stellar (-2.1%). With the correlation to stocks appearing to hold, it'll be interesting to see what happens as quarterly earnings reports are released from today. Quantum Economics founder Mati Greenspan predicts the earnings season will be "probably the worst in history”.

click for more

BTC A$10.8k. Halving season is here


BTC A$12k. Up 15%, investors go long, halving's coming

7 Apr 2020 14:00
Independent Reserve Trading Desk

Market Update 1st – 7th April 2020

In Markets

It's been a positive week in crypto markets with Bitcoin up 14% on seven days ago to trade above $12,000 at the time of writing. It remains 8.1% down for the month. Ethereum surged 20% in the past day and is up 30% for the week. Everything else was green including EOS (24%), XRP (14.9%), Bitcoin Cash (16.6%), Bitcoin SV (15.3%), Litecoin (15.8%) and Stellar (24.9%). The rise in the past day coincided with a 7% increase in the S&P 500. While JP Morgan thinks the worst is over for markets, Guggenheim predicts a click for more

BTC A$12k. Up 15%, investors go long, halving's coming


BTC A$10.5k, Stablecoins are King during volatility

31 Mar 2020 15:00
Independent Reserve Trading Desk

Market Update 25th – 31st March 2020

In Markets

After dropping to $9721 yesterday, the Bitcoin price was trading just under $10,500 at the time of writing to end the week close to where it began. The 9% increase since yesterday once again reflects moves on traditional markets, with the US S&P 500 up 3.3%, the FTSE 100 up 1.7%, and the ASX200 up 7% yesterday. This correlation is a potential danger sign as many pundits tip further falls on traditional markets as the coronavirus death toll rises and economic impacts become clearer. Most of the top ten are trading where they were this time last week: Ether (0.15%), Bitcoin Cash (1.22%), Bitcoin SV (-1.5%) and Litecoin (1.6%). click for more

BTC A$10.5k, Stablecoins are King during volatility


BTC A$11.k, Bitcoin up as 'unlimited' money printing announced

24 Mar 2020 15:00
Independent Reserve Trading Desk

Market Update 18th – 24th March 2020

In Markets

Bitcoin has performed well this week in the face of the ongoing financial apocalypse. Bitcoin is up 27% from this time last week to trade under $11,100 at the time of writing. Bitcoin Cash saw a similar rise, while Bitcoin SV jumped 50%. Forks aside, altcoins have risen but considerably less. Ethereum is up 19.4%, XRP (10.4%), Litecoin (16.8%), EOS (19.6%) and Stellar (10.8%). The S&P 500 is almost 35% down from its peak - but this crisis may have some time to run with losses during the Tech Wreck reaching -49% and the GFC crash topping out around… click for more

BTC A$11.k, Bitcoin up as 'unlimited' money printing announced


BTC A$9k. Bitcoin, meet black swan

17 Mar 2020 15:00
Independent Reserve Trading Desk

Market Update 11th – 18th March 2020

In Markets

It's been a horror week across every financial market and asset class, and crypto is no exception. Late last week the price plunged 52% in 24 hours - before bouncing off the bottom - for the Bitcoin halving nobody wanted. Bitcoin is currently trading above $9,000 and finishes the week 32% down. Despite this, it's only lost 22% in 2020 so far. The only coins in the green this week were stablecoins like Tether and USDC – both up around 6% during the crash as investors tried to cash out. The Tether market cap has increased above US$5 billion for the first time and USDT on exchanges hit an all time high of $1.23 billion. Ethereum is down 42% for the week, XRP lost 30.3%, Bitcoin Cashclick for more

BTC A$9k. Bitcoin, meet black swan


BTC A$12.1k. Fear, uncertainty & doubt. Time to buy?

10 Mar 2020 15:00
Independent Reserve Trading Desk

Market Update 4th – 10th March 2020

In Markets

Despite great crypto related news coming out of India and South Korea, Bitcoin has not proven immune to the coronavirus induced share market panic or a sharp drop in the oil price – down 30% in a day. Bitcoin dropped 13% over the past few days, but has recovered slightly to trade around $12,100 at the time of writing. Bitcoin is currently up almost 18% for the year - which is a lot better than the almost 14% fall in the ASX 200 over the same period. Everything is down on a week ago of course: Ethereum (-11.8%), XRP (-12%), Bitcoin Cash (-18.6%), Bitcoin SV (-21%), Litecoinclick for more

BTC A$12.1k. Fear, uncertainty & doubt. Time to buy?


Bitcoin A$13.6k, miners bullish, traders bearish, courts give BTC thumbs up

3 Mar 2020 15:00
Independent Reserve Trading Desk

Market Update 26th February – 3rd March 2020

In Markets

This week has been a rollercoaster ride. The Bitcoin price crashed along with global stocks (leaving the 'safe haven' narrative worse for wear) but both staged a comeback in the past 24 hours. A few hours ago, the Dow Jones closed 1284 points up for its biggest gain in history, in the wake of reports that central banks will take action to combat the coronavirus induced slowdown. Bitcoin has also surged 4.2% on yesterday. Sure, it's still down 7.4% on a week ago, but things are no longer looking so grim. The top 10 are recovering, but remain down on a week ago: Ethereum lost 12.4%, XRP (-11.3%), Bitcoin Cash (-10%), Bitcoin SV (-7.9%), click for more

Bitcoin A$13.6k, miners bullish, traders bearish, courts give BTC thumbs up


BTC A$15.6k, 2020 best year for Bitcoin

25 Feb 2020 15:00
Independent Reserve Trading Desk

Market Update 19th – 25th February 2020

In Markets

Bitcoin doesn't seem to want to break above the US$10,000 (A$15,139) mark just yet - but that's not a terrible place to be. Last Thursday's horror price drop, where Bitcoin plunged $850 in an hour, was also a timely reminder that things can change in an instant. Bitcoin is currently close to where it was a week ago and trading at just under $14,600. Will $60 million worth of fresh Tether give the price a boost this week? Ethereum is also holding steady, while Litecoin gained 2.5%. Everything else was down: XRP (-6.2%), Bitcoin Cash (-8%), Bitcoin SV (-10.7%), EOS (-7.5%)… click for more

BTC A$15.6k, 2020 best year for Bitcoin