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Author Topic: Purchasing reasonably-priced BTC in Australia?  (Read 727 times)
Waspcock (OP)
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June 15, 2012, 03:12:42 AM
 #1

I've looked at other threads on this topic, but I was wondering if any better alternatives have been identified.

Ever since BitPiggy went down, any competitors have upped their prices ridiculously, and the fees associated with most global markets (particularly bank wiring to Mt.Gox) are frustratingly prohibitive. SpendBitcoins's rate and 10% fee is crazy.

Is anyone aware of an affordable means of purchasing BTC using an Australian bank account, PayPal (god forbid), etc.? I need around 30-35 at present. Might end up just waiting out BitPiggy otherwise.
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June 15, 2012, 04:38:32 AM
 #2

What do you mean "competitors have upped their prices ridiculously"? Spend Bitcoins' price has always been the Mt. Gox rate plus 10%, which is an entirely reasonable fee considering the service they provide (besides, if bitcoins go up in value (as they tend to do) the 10% fee will pay for itself very quickly).

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June 15, 2012, 04:43:47 AM
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Try http://www.cryptoxchange.com/

Low fees for buying btc: 5.00 AUD + 0.60% for the transfer of cash in, and 0.60% for the actual trade.

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Graet
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June 15, 2012, 05:17:40 AM
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weexchange.co is ramping up

I also often sell BTC to AU ppl if they deposit money in my ANZ bank account Smiley

PM if you like Smiley

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fonzo
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June 15, 2012, 11:29:12 AM
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Cryptoxchange does cash deposit at Westpac branches, some are even open Saturdays
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June 15, 2012, 01:31:16 PM
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I can also hook you up if you like
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