Sell Bitcoin
Register in minutes and securely convert Bitcoin (BTC) to AUD, USD, NZD or SGD.There are multiple ways to sell on our exchange
How do I sell Bitcoin?
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Why is Independent Reserve the best exchange to sell Bitcoin?
Trade now or later
Sell now, or wait for the price to move into your direction. Multiple ways to sell gives you more control of your profits.
Easy withdrawal options
Withdraw directly to your bank account. This gives you access to your funds as fast as possible.
Easy-to-use trading interface
Customise our charts to suit your personal style. We use real language, not finance speak, so when you click ‘sell’, you know what to expect.
Excellent customer support
You can always get in touch with our 24/7 support team, available when you need them. All account related questions are confidential.
We’re registered and compliant
We are serious about customer accounts. Our focus on compliance means you can rest easy knowing your funds are safe.
Streamline tax time
Use our KPMG tax estimator to work out your obligations to the ATO. Convenient to use and will take the stress during tax time.
What is Bitcoin?
Bitcoin is the world’s first decentralised digital currency with no central bank, authority or administrator that controls or approves transactions. Bitcoin is securely stored and exchanged through a digital ledger that is otherwise known as a Blockchain.
The genesis of Bitcoin dates back to October 31, 2008, when an individual or group of individuals acting under the pseudonym “Satoshi Nakamoto” published the Bitcoin whitepaper. Bitcoins are divisible into smaller units called ‘Satoshis’, similar to the way a dollar is divisible into cents. However, each Satoshi is worth 0.00000001 Bitcoin.
The market price did not meet your sell price. You may have to wait a bit or modify your order. Here are some tips for successful sell orders:
- If you want to sell immediately, use market order (if you are happy with the price).
- If you want to sell at a specific price, use a limit order. How far your price is from the current market rate determines how long you'll wait
- Plan your trades accordingly. Ideally from the start, have a plan on what price you intend to sell on profit if the price goes up and what price you intend to cut loss if it goes down.
- Have a target price where you are happy to sell right from the start. This can help prevent excitement or nerves clouding your judgement later on.
For your safety, we approve all withdrawals manually, so cash outs to Australian banks may take a day and for others within 2 - 3 business days.
You’re in the right place. Deposit funds using Osko and you’ll be trading within minutes. We also accept EFT bank transfers from major banks or SWIFT for our international customers.
Loved by customers
Nick AddisonConsenSysAs someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
Their customer support is also excellent which is something most exchanges sadly lack these days.
Lucas CullenBlockchain developerI organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
Claire Wivell PlaterManaging Director, The Fold Legal Pty LtdI find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.
