Scheduled Maintenance Complete – All systems operational

26 Jul 2020 16:00

Scheduled Maintenance Complete – All systems operational


Sched. Maintenance: 26 July 14:00 UTC+10. Expect 4 hour outage

24 Jul 2020 14:00

Sched. Maintenance: 26 July 14:00 UTC+10. Expect 4 hour outage


Scheduled Maintenance Complete – All systems operational

19 Jul 2020 15:00

Scheduled Maintenance Complete – All systems operational

In the Media

Augur (REP) delisting

16 Jul 2020 15:00
Independent Reserve team

Augur (REP) and related trading pairs will be delisted due to network changes and low liquidity.

Trading will cease at 2pm AEST on 26 July 2020 with a six month grace period to allow users to withdraw their REP 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 26th of July.

Augur (REP) delisting


Chainlink (LINK) listing

10 Jul 2020 14:00
Independent Reserve team

We are listing Chainlink (LINK)

We are excited to announce that we will be listing Chainlink (LINK) on Independent Reserve. Deposits and withdrawals will be activated on Sunday the 12th of July, with trading going live on the morning of Tuesday the 14th of July.

Listing information

We will be performing system maintenance and upgrades on Sunday the 12th of July at 2pm (AEST). We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account.

There will be an introductory brokerage fee for LINK of 0.2% for two weeks, so be sure to get your trades in early!

Over the Counter (OTC) Chainlinkclick for more

Chainlink (LINK) listing


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 Halving'… 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… 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 other… 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 to 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 forward… 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. … 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… 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?

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 … click for more

Scheduled maintenance and new coin listings

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$15.9k. Bulls are back, money printer goes brrrr

4 Aug 2020 15:00
Independent Reserve Trading Desk

Market Update 29th July - 4th August 2020

In Markets

July was a great month in the markets, with almost every major coin appreciating in price. Social media sentiment appears to indicate we could be entering a bull market with the Fear and Greed Index at 75 (Greed). Markets barely broke a sweat after the weekend's flash crash and Bitcoin is currently up 4.6% on the same time last week to trade just above $16,000 at the time of writing (23% up on a month ago). Ethereum was up 18.9% this week, and 67% this month, while XRP has awoken and recorded 37.5% gains this week and 72% for the month. Everything else is up on a week ago: Bitcoin Cash (8.7%), Bitcoin SV (8.6%), … click for more

BTC A$15.9k. Bulls are back, money printer goes brrrr


BTC A$15.5k. Markets surge, US Banks to hold crypto, VISA jumping on board

28 Jul 2020 15:00
Independent Reserve Trading Desk

Market Update 22nd - 28th July 2020

In Markets

Fundstrat's Tom Lee likes to point out the majority of Bitcoin's gains come in the "ten best days" each year. Today may well be one of those ten, with Bitcoin up 11.23 percent in the past 24 hours to trade around $15,600 at the time of writing. Bitcoin blew right past the psychological US$10,000 barrier yesterday and topped US$11,250 this morning for a new year-to-date high. The total market cap is at $284 billion with dominance at 63%. The price spike followed Ethereum's big move earlier in the week which has led to 36.5% gains on seven days ago to trade around $450. The DeFi coins that led this cycle have pulled back, including LINK, which is down 4.6% this week. Most of the top ten were green though with … click for more

BTC A$15.5k. Markets surge, US Banks to hold crypto, VISA jumping on board


BTC A$13.1k. PayPal/Crypto imminent? ETH network blown past BTC

22 Jul 2020 15:00
Independent Reserve Trading Desk

Market Update 15th - 21st July 2020

In Markets

Bitcoin suffered no lasting effects over the past week as 130 of the biggest Twitter accounts were roped into an amateurish BTC 'giveaway' scam. It's traded in a narrow range around $13,000 and is currently around $13,100 to finish the week 0.9% down. Trading volumes are as low as they've ever been and data analytics firm Skew pointed out that BTC has traded in a 1% range over the last ten days. The last time that happened was in November 2018 just before BTC plunged nearly 50%. However, Morgan Creek Digital executive Jason Williams interprets the same data as suggestive of a major price increase this week: "Bitcoin volatility could be extraordinary to the upside."

Most of the top ten were down on a week ago including … click for more

BTC A$13.1k. PayPal/Crypto imminent? ETH network blown past BTC


BTC A$13.3k, LINK trading on IR, 13,000 BTC millionaires

14 Jul 2020 15:00
Independent Reserve Trading Desk

Market Update 8th - 14th July 2020

In Markets

Another week of steady as she goes for neo-stablecoin Bitcoin, with the price trading in a narrow range and no major moves. BTC ends the week 0.7% down and is currently trading around $13,350. Research firm Skew says the correlation between Bitcoin and the S&P 500 reached a new all-time high this week. Ethereum and Litecoin also finished flat. XRP was up 6%, Stellar increased 27%, while Bitcoin Cash lost 3.1%, EOS lost 1.2% and BSV was down 3.8%. All eyes this week were on IR's newest listing click for more

BTC A$13.3k, LINK trading on IR, 13,000 BTC millionaires


BTC A$13.4k, DeFi surging, ETH on Fire, UK stacking sats

8 Jul 2020 15:00
Independent Reserve Trading Desk

Market Update 1st - 7th July 2020

In Markets

Although Bitcoin has been showing signs of life in the past 24 hours (up 3%), the price action this week traded in a fairly narrow range above $13,000. It's currently just over $13,400 and is up 1.78% for the week. Zooming out, the price has essentially stagnated over the month, down 3.3%. But zooming out even further and Bitcoin is up 27% for the year, outperforming gold and stocks. Crypto Compare's report shows that the low BTC volatility has coincided with low volumes, which are down 36% on top tier exchanges. But altcoins made strong gains this week: Ethereum recorded its best price in a fortnight and is up 5.6%, XRP is up 6.3%, Bitcoin Cash (7.6%), Bitcoin SV (21%), Litecoin (5.3%), click for more

BTC A$13.4k, DeFi surging, ETH on Fire, UK stacking sats


BTC A$13.4k. Volatility low. Bitcoin sits in strong hands

30 Jun 2020 15:00
Independent Reserve Trading Desk

Market Update 24th - 30th June 2020

In Markets

Bitcoin dropped briefly below the US$9000 ($13,100) mark on the weekend, but it was on fairly thin volumes. At the time of writing, Bitcoin was 4.24% down on the same time last week, to trade around $13,400. Its performance was better than most of the top ten coins: Ethereum lost 5.7% this week, XRP (-5.7%), Bitcoin Cash (-6%), Bitcoin SV (-9.3%), Litecoin (-5%), EOS (-7.1%). Stellar lost 8.4%.

Source: Independent Reserve Bitcoin/AUD chart

In Headlines

Low volatility to end with a bang?

The seven-day moving average of Bitcoin inflows from miners to exchanges has reached the highest level it's… click for more

BTC A$13.4k. Volatility low. Bitcoin sits in strong hands


BTC A$14k. DeFi booms, 325m new users

23 Jun 2020 15:00
Independent Reserve Trading Desk

Market Update 17th - 23rd June 2020

In Markets

Bitcoin is currently trading just under $14,000 and is 1.9% up on seven days ago. Ether gained 4.8% this week, but the rest of the top ten remained fairly steady: XRP (-0.9%), Bitcoin Cash (2.4%), Bitcoin SV (0.5%), Litecoin (0.8%), EOS (1.4%) and Stellar (1.45%). Apart from a few flashes of volatility, Bitcoin has been trading in a 10% range for almost two months. Will today's Paypal rumours help propel BTC above the psychological US $10,000 ($14,422) mark?

Source: Independent Reserve Bitcoin/AUD chart

In Headlines

325 million potential new users

Overnight Coindesk… click for more

BTC A$14k. DeFi booms, 325m new users


BTC A$13.6k. US$10k hard to crack, but Bitcoin still top performer

16 Jun 2020 15:00
Independent Reserve Trading Desk

Market Update 10th – 16th June 2020

In Markets

After yet another attempt to top the psychological US$10K mark – around A$14.4K - Bitcoin dove almost $1,000 in the early hours of Friday morning and then dropped below A$13,000 earlier today. The recovery has been just as swift though and the price is currently trading around $13,600, as it has done for much of the week. Bitcoin finished the week 2.7% down. Ethereum lost 5.6%, XRP was down 5.2%, Bitcoin Cash (-6.5%), Bitcoin SV (-7.9%), Litecoin (-5.1), EOS (-8.7%) and Stellar (-10.7%).

Source: Independent Reserve Bitcoin/AUD chart

In Headlines

Crash proof?
click for more

BTC A$13.6k. US$10k hard to crack, but Bitcoin still top performer


BTC A$13.8k. Bitcoin ready to launch, stocks in a bubble?

9 Jun 2020 15:00
Independent Reserve Trading Desk

Market Update 3rd – 9th June 2020

In Markets

After a euphoria-inducing spike above US$ 10,000 at the time of our last market update, Bitcoin dropped sharply some hours later back to its previous US$ 9,500 - US$ 9,800 range, where it has remained since. The constant tests of the barrier are becoming routine, which analyst Keith Wareing believes signals that a fast break up to $12K ($17,100) could be on the cards. At the time of writing Bitcoin was trading just under $13,900 and was down 1.2% for the week. Bitcoin dominance has fallen from 67.5% a month ago to 64.8%. Ether held steady this week, while XRP lost 2.2%, BCH increased 1.25%, BSV (-4.1%), … click for more

BTC A$13.8k. Bitcoin ready to launch, stocks in a bubble?


BTC A$14.8k. Prices pump, investors love Bitcoin, Ether undervalued?

2 Jun 2020 15:00
Independent Reserve Trading Desk

Market Update 27th May – 2nd June 2020

In Markets

As President Trump was threatening a military crackdown this morning, Bitcoin was spiking above the psychological US$ 10,000 mark. Things are moving fast but at the time of writing Bitcoin was trading just over A$ 14,800 to be 14.1% up for the week. Ethereum finished the week up by 20.1%. The past week has also been positive for the rest of the top ten: XRP (7.2%), Bitcoin Cash (11.2%), Bitcoin SV (9.7%), Litecoin (12.4%), EOS (11.3%). Stellar was up 16.8%.

Source: Independent Reserve Bitcoin/AUD chart

In Headlines

Ether is undervalued

Contributing to Ether's 20%… click for more

BTC A$14.8k. Prices pump, investors love Bitcoin, Ether undervalued?


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… click for more

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