Buying bitcoin anonoymously is australia

[onionman123]

Hi there, ive been looking around and i cant seem to find anyways of buying bitcoins in australia anonoymously. If anyone has any info would help greatly. Thanks - onionman

[1713527286]

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[1713527286]

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[1713527286]

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[olalonde]

Try https://localbitcoins.com/. It lets you buy bitcoins for cash in person.

[Foxpup]

BitInnovate and SpendBitcoins let you buy bitcoins by depositing cash in their respective bank accounts.

[onionman123]

Okay thanks for reply, so with bitinnotive, you just go to bank and pay cash to the account, then u get the coins yeah? wheb its in wallet is it urs to keep ?

[ByTeCee]

Ive used spend bitcoin a fair bit. Go into bank with cash. Deposit to your address va la. Banks dont require ID or anything like that to deposit.

Having said that I notice the rates on spend bitcoin are now way out of whack with the Gox.

[onionman123]

Thanks for that. Fantastic help. cheers.

[GiLa]

While some of that statement is true, if you do deposit or withdraw more than a certain amount, the institution is legally bound to report it to AUSTRAC.

To my understanding about AUSTRAC, keep the transactions under $5k and you should be fine.

This is the case with bullion dealers but with banks it might be $10k, do note quote me on that

[onionman123]

Hmm okay, would you guys suggest using any particular wallet? i dont wabt to use a desktop. Cheers

[TeqnoHaxor]

http://blockchain.info/

Once you're comfortable with the workings of BitCoin, I would recommend changing to a "paper wallet".
https://blockchain.info/wallet/paper-tutorial

I can vouch for www.spendbitcoins.com too as a merchant, unfortunately he uses the MtGox 24 hour high exchange rate which means you won't get a good price with this market.

[onionman123]

How about https://www.bitinnovate.com/buy-bitcoins/    are they good?

[TeqnoHaxor]

I have come across them before, but never used them. They look reasonably legitimate. Registered office address is in Chippendale. Registered 30/08/2012

https://connectonline.asic.gov.au/RegistrySearch/faces/adf.task-flow?adf.tfId=panelSearch&adf.tfDoc=/taskflows/panelSearch.xml&searchText=BIT%20INNOVATE&searchType=OrgAndBusNm

[drakahn]

How about https://www.bitinnovate.com/buy-bitcoins/    are they good?

I have used them and they sent the coins before i got back from the bank

[TeqnoHaxor]

I have used them and they sent the coins before i got back from the bank

I'd be more curious to know if anyone has sold coins to them before (ie. how quickly and reliably they pay out in AUD).

[Foxpup]

I'd be more curious to know if anyone has sold coins to them before (ie. how quickly and reliably they pay out in AUD).

I have several times. They've always paid the same day, though most banks take 1-2 business days to actually credit your account.