Buy and Sell Bitcoins in Australia and New Zealand - Bit Innovate

[Seal]

I'm currently based out in Sydney and want to wish you guys the best of luck. Australia is under-represented in the bitcoin market. If any of you guys wanna meet up to talk, give me a shout. I've worked with a number of the big players in the market and have been to the MtGox office in Tokyo so always have plenty of ideas

[Bit Innovate]

Thanks Seal. We are always happy to chat with anyone in the BTC space. We have been considering a meetup at some point this year. Maybe around our one year antislavery (august) time depending. If you ever wanna chat feel free to PM us. 

[jingos]

This mob are good. Best rates for small transactions. Last buy took 24mins between cash deposit and bitcoin in my wallet. Last time I sold bitcoin I got my cash in my account the same day

[Bit Innovate]

This mob are good. Best rates for small transactions. Last buy took 24mins between cash deposit and bitcoin in my wallet. Last time I sold bitcoin I got my cash in my account the same day

Thanks jingos,

Glad to hear you are happy with our service and thanks for the feedback.

[soundasleep]

I love the marketplace competition. For buying BTC with NZD, can you do an online transfer, or is it strictly over-the-counter too?

[Bit Innovate]

I love the marketplace competition. For buying BTC with NZD, can you do an online transfer, or is it strictly over-the-counter too?

We can only accept over the counter cash payments at this stage.

[stripykitteh]

I have used these guys 5 times in the last 6 weeks and have received good service every time. Service seems to actually be getting even faster over time, not that it was slow to begin with.

The commission is high, but the service has justified it for me, so far.

[raze]

I have used these guys 5 times in the last 6 weeks and have received good service every time. Service seems to actually be getting even faster over time, not that it was slow to begin with.

The commission is high, but the service has justified it for me, so far.

Yeah, they have excellent service, I received my coins within minutes of depositing the cash. So while I'm with you on the tremendous service part, the fees are a little too high for my liking. Next time I want to buy coins I'll probably try buying from a trusted forum member.

[Seal]

Thanks Seal. We are always happy to chat with anyone in the BTC space. We have been considering a meetup at some point this year. Maybe around our one year antislavery (august) time depending. If you ever wanna chat feel free to PM us. 

Hey there guys. Bitcoin Sydney is arranging a meetup, it would be good to have you guys there to represent and to drum up some business:

https://www.facebook.com/events/658653077494400/?ref=22

https://www.facebook.com/pages/Bitcoin-Sydney-Australia/457681220943285

Hope to see you there.

[Bit Innovate]

Thanks for the heads up. See you there

[Bit Innovate]

I have used these guys 5 times in the last 6 weeks and have received good service every time. Service seems to actually be getting even faster over time, not that it was slow to begin with.

The commission is high, but the service has justified it for me, so far.

Yeah, they have excellent service, I received my coins within minutes of depositing the cash. So while I'm with you on the tremendous service part, the fees are a little too high for my liking. Next time I want to buy coins I'll probably try buying from a trusted forum member.

You asked and we delivered! For the full month of June 2013 we have reduced our rate by 25%. From 7.9% to 5.9% commission on our Buy Bitcoins service.

[Bit Innovate]

https://mediabi.s3.amazonaws.com/wp-content/uploads/2013/06/bitinnovate-robot-robot-sale.jpg
www.bitinnovate.com

[raze]

That's awesome, guys. Just in time for my birthday

[raze]

Purchased 1BTC an hour and a half ago and still haven't received email confirmation or coins. I received both in minutes last time. I hope nothing went wrong.

EDIT: And they're here!

[moreporknz]

Any plans to add service to withdraw directly to NZ bank accounts for New Zealanders?

[Bit Innovate]

Any plans to add service to withdraw directly to NZ bank accounts for New Zealanders?

This is something we are looking into at present.

[raze]

I have a quick question. When people send you the funds, do you send the Bitcoins/email as soon as you receive those funds? It's just that I've done two transactions, one was very fast, and the other took a bit longer. What's the reason for this?

[Viscera]

I have used Bitinnovate so many times now.

I've used them both to buy coins, and to sell them.

Sometimes I've sold them to fund my credit card and sometimes to buy items elsewhere such as ebay etc. Every time things have gone smoothly, until...

Today the site does not appear to be up at all? I hope this is simply a temporary thing and not some kind of serious attack. Does anyone else have similar issues with the site?

Hope you are back up soon...

Any suggestions on other places I can easily sell 1 coin? I just want some funds deposited to an Australian account for the weekend... just 1 BTC for whatever the Gox rate is at the time... cheers.

edit.

Ok... the site is back up again with the following announcement.

"Our Sell Bitcoins service is currently closed

We are working through some unexpected issues and hope to have it up again soon. We expect to have an update by the middle of June. We apologise for any inconvenience caused. -The Bit Innovate Team, 4 June 2013"


This is what happens to companies that try to play within the law... I'm disappointed they've failed to stand up to the bullies... I half expected Bitinnovate to keel over like everyone else... but was hoping they would put up more of a fight.

Very disappointing... the bureaucrats come in a ruin your business... what do you do? or was it the banks? They are just as bad... oh well... looks like I'll be keeping my bitcoin... spending it at SR or some such thing...

Good bye Bitinnovate... I don't expect you will be back any time soon

[sikman]

dammmm, I have sold my bitcoins twice so far without any issues for well over $1000 and now that service is closed as I was just about to offload some more from mining...

IS there an alternative service to get funds in AUS bank account without using MTGOX...

[Rodyland]

dammmm, I have sold my bitcoins twice so far without any issues for well over $1000 and now that service is closed as I was just about to offload some more from mining...

IS there an alternative service to get funds in AUS bank account without using MTGOX...

LocalBitcoins?

If you're in Melbourne CBD area, I may be looking to make a small ($100) purchase.