Sell Bitcoin in Australia (BTC)
How to sell Bitcoin in Australia
Register, deposit and sell in 5 minutes
1. Create account
Securely create your personal, SMSF or business account and verify your identity.
2. Deposit
Instantly deposit Bitcoin and other crypto assets 24/7.
3. Sell Bitcoin (BTC)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
Trusted by global partners
Your trusted cryptocurrency exchange
Made for you
Create a personal, SMSF or business account. Access the award-winning platform 24/7 using the website or mobile app.
Instant deposits and withdrawals
Access the cryptocurrency market 24/7. Instant AUD deposits and withdrawals to and from your bank account.
Low fees
Trading fees start at 0.5% and go down to 0.02%. Free EFT bank withdrawals. Low fees apply to instant, crypto and SWIFT withdrawals.
Multi-currency trading
Buy and sell Bitcoin and other popular cryptocurrencies with AUD, NZD, or USD.
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Sell Bitcoin on the go
Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
Awards & Recognition
Join over 300,000 happy customers
As 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.
Nick AddisonConsenSysI 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 crypto exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
Lucas CullenBlockchain developerI 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.
Claire Wivell PlaterManaging Director, The Fold Legal Pty Ltd
Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
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.
Audited
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.
Segregated funds
We do not commingle customer funds. 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.
Sole custodian
Independent Reserve is the 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.
What is Bitcoin (BTC)?
Bitcoin is the original cryptocurrency and the first real-world application of blockchain technology. Its decentralised payment system allows people to send money to each other online without going through a third party. Instead of relying on a bank to authorise payments, Bitcoin uses cryptography to process secure transactions on the blockchain. The protocol operates using open-source software and runs across a peer-to-peer network of computers.
A revolutionary innovation in economics
Bitcoin was born in the wake of the 2008 financial crisis. It presented a new form of money. Bitcoin’s creator, Satoshi Nakamoto, sought to address flaws in the current financial system and offered Bitcoin as a solution. By removing the middleman, Bitcoin was able to solve one key issue: trust. To do this, Bitcoin introduced the first consensus mechanism called proof-of-work (PoW).
Bitcoin transforms money. Just as email changed how we send letters, Bitcoin has changed how we send transactions online. Countries around the world are adopting Bitcoin as legal tender and it has even become an official currency in El Salvador and the Central African Republic. Bitcoin’s blockchain has provided the technology for many other cryptocurrencies to exist which has evolved into a multi-trillion-dollar industry.
Bitcoin is #1
Bitcoin’s market cap accounts for roughly half of the entire crypto market. It is disinflationary by design with a fixed maximum supply of 21 million Bitcoin. More than ninety percent of all Bitcoins have already been mined, with the remainder likely to be minted by 2140, after which no more will ever be created.
For a deeper understanding of the concepts behind Bitcoin, download the ebook The People’s Money - Bitcoin, written by Independent Reserve’s co-founder Adam Tepper.
Get started today
Register, deposit and trade in 5 minutes.