Btc markets australia reviews
Though relatively new to the market and only available in Australia, BTC Markets is a powerful platform with good desktop usability and security. Their fees are fair, and their limits reasonable, but they don’t /5. BTC Markets is the number 1 exchange in Australia. I have done numerous trades through this site for the last 6 months. My experience has been mostly okay at times, but sometimes I found the processing time for bitcoin/litecoin deposits and withdrawals quite sluggish resulting in the loss of trades . BTC Markets Pty Ltd Reviews | Read Customer Service.
Btc markets australia reviewsBTC Markets Cryptocurrency Exchange Review - Crypto Head
I invested several hundreds of Euro. During a daily telephone call from a service Theodor Enver they gave me orders to buy an sell cryptos in the second-hand trading. First with big profits but from time to time I had big losses so that my money disappeared. I believe that the homepage of btcmarkets is so programmed that the service man can command or steer the trend.
For me it is a complete fraud and I lost there all my money. I have been unable to make withdrawals from my btc market account for 3 days. I submitted an enquiry form and sent another email for help but none of support team members contacted me yet. Don't use this site. Editing my review. For some unknown reason they put restrictions on my account due to "risk decision". Whatever that means! I have been always trading with BTC Markets maybe not on a daily basis but at least weekly basis.
I was checking my account 2 day ago and suddenly found that my deposit and withdrawal limits have been cut way too much!! Without even notifying me or letting me know of the reason. When asked the customer support team about this, they said your account is limited due to "risk decision" and they can't let me know what that risk is or why this limit was placed.
How can I avoid this "risk decision" if I don't know what it is or where it's coming from. Until this is resolved review will be 1 star. Unbelievable support in an hour of need. Upgrading my iPhone to the latest firmware failed and along with it, access to 2fa. I had already transferred and purchased my crypto and wanted to withdraw however btcmarkets put a hold on your account for 7 days which is fair enough however I needed to make a transaction with that crypto.
Long story short, submitted a support ticket and not long after opening, I got an email back with two options, one being the ability to quickly prove my identity and remove the withdrawal block. Unbelievable customer support. I also reached out on Twitter and they too got back to me pretty quickly!!
Thank you team. Love your work :. I had 20k. Someone hacked my email using a german IP they also must have watched my keystrokes and cracked the MFA which I thought was supposed to be safe. I saw it happening and battled for my account for 20 mins. During this time BTC markets had no phone number, no chat line, no email to respond.
There was also no way to freeze the account. I have not heard from them since and nothing in writing despite emailing 4 times this week. Good service. Very pleased with your service. And intends to use it also in the future. Awesome service,sorted issues within 24 hours that takes other places 8 weeks. Big thumbs up. BTC Markets remain a vital trustworthy service in the cryptocoin market place. I have satisfactorily used their service for several years.
Fast and efficient customer service From: peaksupplements. The support team are quite helpful and when I got some funds left in my account after being locked out. The team called me and let me withdraw it. I am quite happy about their professionalism and integrity. The report stated "No report data There is no trade history for the tax period available to generate a tax report". This is incorrect! Due to this failure I am also unable to generate a wallet summary which would simply tell me what my Wallet balance was at 31 June.
Fix this ASAP! I lost access to my account for a long time and was too busy to get it back. Good guys :. Overview Reviews About. See business transparency. Write a review. Disclaimer: We may receive a commission for purchases made through the links on our site. However, this does not impact our reviews and comparisons. Learn more about our Affiliate Disclosure. The trading platform supports many altcoins, which can be traded and sold in exchange for Australian dollars.
Visit The Site. Started in , BTC Markets exchange offers value and reliability to its users, especially those in the Australian market. The platform provides reasonable fees for trades, deposits, and withdrawals, and boasts a large user base and trading volumes. It is difficult for anyone outside of Australia to use the exchange, which is something the site does intentionally.
BTC Markets intends to keep its scope small and narrow, focusing on specifics rather than catering to everyone. BTC Markets offers options that enable both sophisticated and novice traders to have a pleasant experience.
BTC Markets offers support for many digital assets and trading pairs. BTC Markets might ask for personal data, which is typical of all exchanges. They request this information to cut down on fraudulent activities and money laundering. Sharing personal information is never ideal; however, BTC Markets is a site that submits to Australian rules and regulations. That means you can rest assured that your data and funds are protected and safe.
See their fees here. If your primary reason for using BTC Markets is due to the fiat currency they accept Australian Dollars , you might consider looking elsewhere. There are cheaper alternatives that accept AUD. Essentially, trading one digital asset for another is 0.
If your focus is on trades using fiat currency for cryptocurrency or high-volume trading, then you should consider sticking with BTC Markets. While these trades begin at 0. By comparison, Coinbase charges 3. Thus, Australians experience low fees, even though the exchange is only available to a local market. The following limits apply when using the platform:. If you need limits that are higher than what the platform offers, you can request to have them increased.
Confirm the transaction and organization information, then submit the payment. The second way you can fund your account is through Bpay. Bpay is a reliable and secure method through which you can deposit monies into BTC Markets. Depositing via Bpay is free. When the essential information is provided, submit your payment and wait for your funds to arrive.
The basic trading page offers a chart that shows volume and recent price information. Located above the chart are price stats, which show you the valuation of specific digital assets.
On the left side of the screen is the Buy option, which automatically fills in the market price of your preferred cryptocurrency. Like some other exchanges, BTC Markets tells you the current price and allows you to spend that amount or choose not to.
However, the exchange also offers a limit order selection, which you can use to create an order when the price changes. That means BTC Markets will fill the order if the market price drops to your desired level.