10 Best Cryptocurrency Exchanges in Australia (2020 Reviews)

Best Exchanges that Deal with GBP

Excluding Coinfloor what are the best Bitcoin exchanges that offer BTC/GBP trades.
submitted by IbnAlWaleed to BitcoinUK [link] [comments]

So where can we buy btc from in UK now exchanges are halting trading?

submitted by Mrlifeboat to BitcoinUK [link] [comments]

IBWT Lowers Commission Fees to 0.3%.

submitted by JoelDalais to BitcoinUK [link] [comments]

IBWT ATM in production.

IBWT ATM in production. submitted by IBWTofficial to BitcoinUK [link] [comments]

List of UK organisations who take Bitcoin

I have set up this thread to record all the UK organisations that are taking Bitcoin. This first post will be regularly edited to keep the list up to date.
I find it frustrating that I cannot spend my BTC in more places in the UK! So I have personally been targeting local organisations to tell them about Bitcoin and provide them with support to start accepting it; many of the names listed here are a direct result of my efforts mainly in Brighton and London.
I hope this list will encourage other organisations in the UK to start accepting Bitcoin as a form of payment. So if you take Bitcoin and are not listed here please post and I will add you. We want to hear your story.
CoinMap.org shows organisations on OpenStreetMap who accept Bitcoin. Its a wiki map so if you're organisation is not shown hear you can add yourself for free.
A list of wallet and payment methods can be found here if you want to set up your organisation to start taking Bitcoin. Selection Criteria:
MetaLair have also created some leaflets to help promote Bitcoin to organisations. These are currently available for global%2026.03.14.pdf), UK%2026.03.14.pdf) and Brighton%2026.03.14.pdf) organisations. They are provided as free to use; so please print these and start canvassing organisations near you!
This is list is maintained concurrently with its original on BitcoinTalk.org.
Please be aware some websites may contain malware that could steal your cryptocurrency. No assertion is given for the authenticity of the organisations listed here or quality of the goods and services they provide. Myself and reddit.com cannot be held responsible for the contents of other websites.
If you like what I'm doing or have benefited from my efforts please consider donating to MetaLair, they need your support.
submitted by No_2 to Bitcoin [link] [comments]

ID requirements for UK exchanges.

I have always used Bitbargain but thought I would look at a few UK exchanges. Clearly I have been spoilt by Bitbargain's non-paranoid stance on ID.
Before I comment on each exchange, let me set-out my philosophy.
If I go to a bureau de change with £200 and want to change it into euros, I don't expect my ID to be requested and copied. If I go to the bureau with £5,000 and wish to change it, then I might well expect to be asked for ID.
My impression is that the major UK exchanges now ask for ID for any amount of transactions. Want to buy £10 of Bitcoin - provide ID. And it's not just ID - it's government issued ID plus address.
If I give my ID to Barclays, I suspect they will store it securely and I suspect the bank is "too big to fail". I have no idea how an exchange run by three people will store my passport scan. Additionally, exchanges often collapse. Speedy Bitcoin, for example, no longer exists. What happens to all the IDs and address documentation that have been collected?
In alphabetical order:
Bitbargain - can optionally provide ID to get better deals; can also verify phone to get better deals. No mandatory ID requirement.
Bittylicious - email / phone verification - allowed me to buy around £70. According to their website, as the account ages, one can buy more. Provide ID and one can buy more. At £1,200 total purchases, ID must be provided. This is a better approach to mandatory ID requirements.
CoinCorner - does not require ID upfront but has an intrusive form where they ask your DOB, occupation, where your money comes from - can ask for ID at their discretion (I imagine they routinely do).
Coincut - photo ID (passport / driving license) + bank card selfie [!!!] - for any amount (obviously I am far from eager to take a photo of myself along with my bank card and send it to them).
Cryptopay - photo ID (passport) + proof of address - for any amount.
IBWT - fund via OKPAY or via cash sent by post. OKPAY - photo ID (passport / driving license) + proof of address if funding by bank transfer - for any amount.
LazyBitcoin - photo ID (passport / driving license) + proof of address - for any amount.
Local Bitcoins - varies. Some sellers demand IDs plus selfies; a few (not many) are more relaxed if you are depositing cash in their account.
Quick Bitcoin - photo ID (passport / driving license) - for any amount.
Opinions? Comments? I know some will say "this is the cost of doing business with AML / KYC requirements" but I would say "so why the variation in policies? Why are Bitbargain and Bittylicious more tolerant? Why do you need to provide ID and address verification to purchase £10 of Bitcoin? Isn't the ethos of Bitcoin that it is different to the banking cartels? Why are the exchanges behaving like the privacy-violating banks?"
submitted by bintytinty to BitcoinUK [link] [comments]

Am I the only person tired of the markups on BitBargain/LocalBitcoins?

As per the title, the markups over market value on LocalBitcoins/Bitbargain are often eye watering. I've been looking for UK exchanges and found bit121.co.uk, but it seems to suffer from a lack of volume.
It does, however, take UK bank transfers for deposits/withdrawals (albeit with a £10 fee in either direction, and deposits aren't credited to your account until the next working day). At least there's no hassles with international transfers.
This isn't intended to be an advert for bit121 though, it's just the only one I've found. Happy to hear more suggestions for market-based trading platforms that take UK deposits.
Edit: Seems there is also IBWT.co.uk who take OkPay payments (5-7 working days) and money in the mail/postal orders. Not as ideal as bank transfers to a UK account but still another option.
submitted by Frakk4d to BitcoinUK [link] [comments]

How do you make FREQUENT moderate sized cash deposits into Bitcoin exchanges from the UK?

Okay, to begin with I have spent quite a lot of time looking for an answer to my question and I cannot seem to find an adequate answer. Therefore, I thought I would make this post to try and get some answers for myself, but also for anyone else in a similar situation (who I am sure must exist). Hopefully this post will also provide some information for people who are interested in the hurdles to overcome buying bitcoins from exchanges in the UK, I would recommend to just use localbitcoins or IBWT maybe. It's a lot easier and the rates are usually not much more. Unfortunately that is not an option for me and I need to use exchanges. The specific question is as follows:
If someone wants to make transfers of a couple thousand £s, say 3 times a week into bitstamp, what is the best way to do this from the UK?
So I have written off the following options but please correct me if I am wrong:
1) Transfer directly from my UK current account: I have done this and besides from the ~ £15 charge and poor exchange rate, I have read on numerous posts that the minute banks notice you are sending money to bitcoin exchanges regularly they freeze your account. Does anyone know what size transactions need to be for banks to become suspicious?
2) Use a transferwise type service: I previously used transferwise to send money to bitstamp, but they stopped allowing that back in like May I think. Apparently transfergo was working until recently. But it seems none of these work any more and I even saw someone suggest that all transfers to exchanges must come from your own account now. So that excludes this option.
3) Set up a Euro account with a UK bank: I went to a few different banks today enquiring about euro accounts. Although this would eliminate exchange rates and only requires a small monthly fee, none seem to allow transfers to be made online, they must be done over the phone. I suspected that it would arouse more suspicion actually speaking to someone every time I sent money to an exchange.
4) Set up an offshore bank account: Right so, with the help of google translate I have been looking into offshore bank accounts. So I started with Fidor bank as I knew they were bitcoin friendly due to new partnerships with Kraken (I think?), but turns out you need to be a German resident. I then looked at DKB and set up an application and realised you can do this from the UK. I got all excited until I read loads of posts on german bitcoin forums saying how DKB closed people's accounts for transferring money to exchanges regularly. Then I looked further east to polish and slovenian banks, i.e. the ones used by the exchanges, but it seems you must travel to these countries to set up such acccounts (which I may end up doing).
So, am I being paranoid about the British banks? Do they only freeze accounts with more much larger sized transactions? Are there any other foreign banks that can be set up online and are bitcoin friendly? Or... is this a lost cause?
Sorry for the rant, but this is driving me crazy. I understand that banks have concerns about money laundering but I still find it ridiculous that it is so hard for me to do something that is entirely legal.
submitted by otk47 to BitcoinUK [link] [comments]

IBWT Unaffected By Recent DDOS Attacks

Dear Bitcoin Community,
Every amazing technology has hiccups along its road to adoption. But please don't overly worry, as those who have been along this roller coaster ride will know, falls are often quickly followed by rises (if you're only interested in the value).
Yet the true potential still is to be built upon, and it's better that these 'growing pains' are felt at these early days (its still very early days).
However, not all Exchanges are affected. The IBWT team would like to clearly re-state that we are aware of the issues (ddos & platform software), and though we have received similar attacks, we remain unaffected, and we have had 0 downtime and are trading as usual.
We re-iterate, the problem is surmountable, there should be an industry standard, and we hope that other Exchanges soon are able to fix the issues for themselves.
You can still use Bitcoin/Litecoin and the IBWT Exchange with full confidence.
Regards,
Joel
Director
IBWT
submitted by JoelDalais to Bitcoin [link] [comments]

IBWT Unaffected By Recent DDOS Attacks (xover from r/Bitcoin)

Dear Bitcoin Community,
Every amazing technology has hiccups along its road to adoption. But please don't overly worry, as those who have been along this roller coaster ride will know, falls are often quickly followed by rises (if you're only interested in the value).
Yet the true potential still is to be built upon, and it's better that these 'growing pains' are felt at these early days (its still very early days).
However, not all Exchanges are affected. The IBWT team would like to clearly re-state that we are aware of the issues (ddos & platform software), and though we have received similar attacks, we remain unaffected, and we have had 0 downtime and are trading as usual.
We re-iterate, the problem is surmountable, there should be an industry standard, and we hope that other Exchanges soon are able to fix the issues for themselves.
You can still use Bitcoin/Litecoin and the IBWT Exchange with full confidence.
Regards,
Joel
Director
IBWT
submitted by JoelDalais to BitcoinUK [link] [comments]

Identifiable Digital Currency - GreenCoinX

Created to act as a supplement to bitcoin, not a replacement! Users must verify themselves via mobile & email.
Identifiable information is then linked to their address
You cannot send or receive without identifying yourself Miners must identify themselves to mine
Easier to send or receive
Capital controls are implemented (country to country)
User defined taxation
In most cases, taxation with bitcoin currently exist at the point of conversion to fiat. But eventually governments will try to apply it directly to cryptocurrency. XGC exists for those that want to be tax friendly and as something governments can experiment with/use instead of bringing that 'tax' attention to bitcoin.
Identification is currently stored server side, it will be migrated onto its own block chain, or XGC's block chain. Ping back (for identification purposes) is done via server, this will be migrated to multiple servers worldwide.
Why use Identifiable Digital Currency?
Please note: XGC should be considered beta, as there are many features that we can and want to add, such as the taxation feature is only half the solution at the moment. If you are a developer you can contribute via the XGC GitHub page
GreenCoinX (XGC) should not be considered a bitcoin replacement, but a supplement for when you want more identifiable features and ease of sending/receiving via email/mobile, or for eventual taxation purposes.
Greenbank Capital is a corporate finance investment business focusing on investing in small cap publicly listed companies. GreenBank’s 100% subsidiary, GreenBank Financial has applied to the OSC for an exempt market dealer’s license. GreenBank’s 80% subsidiary GreenCoinX is a software company developing a unique cryptocurrency.
GreenBank Capital: http://www.greenbankcapitalinc.com/
Canadian Securities Exchange: http://www.cnsx.ca/CNSX/Securities/Diversified-Industries/GreenBank-Capital-Inc.aspx (GBC)
Download: https://greencoinx.com/greencoin/download
GitHub: https://github.com/GreenCoin-Project/GreenCoin-Core
You can currently trade XGC on IBWT (https://ibwt.co.uk/), or you can currently CPU mine. XGC uses the same algorithm as Bitcoin, it is our intention that early bitcoin miners will turn redundant bitcoin mining gear towards XGC. If you run an exchange or a trading platform you can integrate XGC as most other Cryptocurrencies though you will need to identify the hot wallet you use.
The XGC team - https://greencoinx.com/ - Contact: [email protected]
For business purposes: [email protected]
(the majority of coins mined to date are being given out freely to businesses, agencies and other participants, not counting what random miners have mined)
submitted by GreenCoinX to CryptoCurrency [link] [comments]

Identifiable Digital Currency - GreenCoinX (X-over from r/CryptoCurrency

Created to act as a supplement to bitcoin, not a replacement! Users must verify themselves via mobile & email.
Identifiable information is then linked to their address
You cannot send or receive without identifying yourself Miners must identify themselves to mine
Easier to send or receive
Capital controls are implemented (country to country)
User defined taxation
In most cases, taxation with bitcoin currently exist at the point of conversion to fiat. But eventually governments will try to apply it directly to cryptocurrency. XGC exists for those that want to be tax friendly and as something governments can experiment with/use instead of bringing that 'tax' attention to bitcoin.
Identification is currently stored server side, it will be migrated onto its own block chain, or XGC's block chain. Ping back (for identification purposes) is done via server, this will be migrated to multiple servers worldwide.
Why use Identifiable Digital Currency?
Please note: XGC should be considered beta, as there are many features that we can and want to add, such as the taxation feature is only half the solution at the moment. If you are a developer you can contribute via the XGC GitHub page
GreenCoinX (XGC) should not be considered a bitcoin replacement, but a supplement for when you want more identifiable features and ease of sending/receiving via email/mobile, or for eventual taxation purposes.
Greenbank Capital is a corporate finance investment business focusing on investing in small cap publicly listed companies. GreenBank’s 100% subsidiary, GreenBank Financial has applied to the OSC for an exempt market dealer’s license. GreenBank’s 80% subsidiary GreenCoinX is a software company developing a unique cryptocurrency.
GreenBank Capital: http://www.greenbankcapitalinc.com/
Canadian Securities Exchange: http://www.cnsx.ca/CNSX/Securities/Diversified-Industries/GreenBank-Capital-Inc.aspx (GBC)
Download: https://greencoinx.com/greencoin/download
GitHub: https://github.com/GreenCoin-Project/GreenCoin-Core
You can currently trade XGC on IBWT (https://ibwt.co.uk/), or you can currently CPU mine. XGC uses the same algorithm as Bitcoin, it is our intention that early bitcoin miners will turn redundant bitcoin mining gear towards XGC. If you run an exchange or a trading platform you can integrate XGC as most other Cryptocurrencies though you will need to identify the hot wallet you use.
The XGC team - https://greencoinx.com/ - Contact: [email protected]
For business purposes: [email protected]
(the majority of coins mined to date are being given out freely to businesses, agencies and other participants, not counting what random miners have mined)
submitted by GreenCoinX to Bitcoin [link] [comments]

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