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Author Topic: [2016-01-21] Australian Exchange CoinTree Adds Regular Bitcoin Purchases Feature  (Read 357 times)
tyz
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January 21, 2016, 06:58:24 PM
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Australian Bitcoin exchange CoinTree announces a new option that will allow users to make recurring Bitcoin purchases from their standard bank account.
http://cointelegraph.com/news/116107/australian-exchange-cointree-adds-regular-bitcoin-purchases-feature
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July 28, 2016, 10:19:15 AM
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Yeap they do have that option but for your first deposit you must visit a bank branch and deposit the cash directly.............My bitcoins came through after an hour or so after depositing some cash at the Commonwealth Bank...worked quite well. Fees are quite reasonable as well. But after depositing the money I then realised you have to confirm ID. You have to take a clear photo of your face next to your ID which needs to be totally readable in the photo. Then you need to enter your drivers licence details into an online form and every character must be accurately entered into the form, the three lines on the form for the address are especially troublesome as any dot, dash or character out of place will lead to an invalid entry and you cannot access your bitcoins. If the address is not accurately entered with the correct characters on each one of the three separate lines it is not possible to confirm identification. This was a little frustrating considering the address on my Victorian drivers licence is over 2 lines and not 3. After tinkering a little with the address my identification was finally accepted. It is worth getting Bitcoins from this service if you are willing to go through a possible lengthy identification process.
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