Bitcoin
AussieCoins Review
About the Exchange
AussieCoins is a cryptocurrency exchange platform that provides Australian residents the services of buying Bitcoin via POLi Payments, PayID, or wire transfer. And soon to be added BPAY Payments.
Aussie Coins Global is owned and operated by SITA Global PTY LTD, a company incorporated in Australia and registered with the local regulator AUSTRAC, thanks to that, AussieCoins are able to provide its services of exchanging a virtual currency against a FIAT to all Australian residents easily, and safely.
The main takeaway about AussieCoins is the fact that this exchange enables cryptocurrency exchange services for anyone. There’s no need for prior experience to make a deposit and exchange into BTC thanks to the simple design of the platform. Our AussieCoins Review will focus on some of the most important features and ultimately conclude whether this is a reliable brand to work with.
AussieCoins Services and Cryptocurrencies
We want to reinforce the fact that AussieCoins is an exchange platform enabling Australians to buy Bitcoin in exchange for fiat currency. As an exchange established for the sake of Australian residents, AussieCoins only allows AUD deposits. This is a platform designed for any Australian can easily buy crypto and enjoy industry-leading security, support, and deposit options.
Users can open an account and get verified with only a driving license, in case they want to transact a small amount. For larger transactions, they will need to pass the verification process with proof of identity and proof of residence. This is mandatory because AussieCoins is registered with AUSTRAC and has an AML/KYC Policy in place.
Fees Details and Payment Options
One of the best things to note about aussiecoins.com.au is that it does not charge any hidden fees or commissions. Its fees are built into the price that you are quoted when you exchange your currency into crypto. The rate will vary based on several factors like price volatility, and how other exchanges AussieCoins is working with are pricing BTC.
To make a fiat deposit, users have three options available: POLi Payments, PayID and wire transfer.
In terms of purchase and exchange fees, the numbers are as follows:
- For a POLi Payments/PayID purchase: 11.8%
- For a wire transfer purchase: 8.8%.
These figures are already accounted into the price you’ll see displayed at the moment you want to make the exchange. As you will see when using the platform, you need to provide a BTC wallet address, before completing the transaction, and that’s where your BTC token will be sent.
The entire process had been simplified so beginners won’t need to struggle when exchanging fiat for crypto. For those who do need assistance, AussieCoins also provides customer support.
Customer Service
In case you have any issues with the platform or would like to find out more about AussieCoins Services, you can contact the exchange via the email address provided on their website.
At the same time, there is a live chat service available during the week, which will provide a much faster option to get in touch with a representative. AussieCoins stands by its customers’ side and wants to make sure they have anything they need to get the exchange process done fast and efficiently.
Geographical Restrictions
Unfortunately, AussieCoins is an exchange platform offering its services only to customers that are living in Australia. SITA Global PTY LTD is a company based in Australia and in accordance with its registration with AUSTRAC, Australia is the only country they provide services to.
Conclusion
Based on all the features we’ve talked about in our review, AussieCoins is a reliable exchange platform, mainly due to its AUSTRAC registration. In case you are a resident of Australia and you need or want to exchange fiat for Bitcoin, then this should be a convenient exchange solution to get things done.
AussieCoins allows you to make fast deposits via credit/debit cards and wire transfers as well. In case you don’t have prior experience in exchanging crypto, you don’t have to worry as the user interface is very simple and intuitive. In case you find yourself in need of assistance with the process, customer representatives are available to assist.
To conclude, AussieCoins made a really good impression on us and we can recommend it to anyone looking for a reliable exchange to work with.
AussieCoins Review
Product Name: AussieCoins
Product Description: AussieCoins is a cryptocurrency exchange platform that provides Australian residents the services of buying Bitcoin via POLi Payments, PayID, or wire transfer. And soon to be added BPAY Payments.
Brand: AussieCoins
Currency: AUD
Offer URL: https://aussiecoins.com.au/
-
Ease Of Use
-
Design
-
Scalability
Summary
AussieCoins is a cryptocurrency exchange platform that provides Australian residents the services of buying Bitcoin via POLi Payments, PayID, or wire transfer. And soon to be added BPAY Payments.
Pros
- An exchange based in Australia, registered with the local regulator AUSTRAC.
- Transparent fee structure, with all the information provided on the website.
- Reliable customer service, available via email or live chat.
Cons
- AussieCoins currently has support only for BTC. It promises to increase its coverage in the future.
- Only customers based in Australia can exchange fiat into crypto with AussieCoins.
