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Author Topic: How to get best rate for your coins in Australia (melbourne area)?  (Read 90 times)
Catmony (OP)
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February 08, 2018, 06:39:39 PM
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As Australia is quite bitcoin friendly nation there are several options to exchange bitcoin for fiat. But what could be best way to sell your coins there? There are several bitcoin meetups for trades, will that be best option or bitcoin ATM will give you best rate.

Finding someone through localbitcoin will be safe enough?

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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February 08, 2018, 07:20:13 PM
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As Australia is quite bitcoin friendly nation there are several options to exchange bitcoin for fiat. But what could be best way to sell your coins there? There are several bitcoin meetups for trades, will that be best option or bitcoin ATM will give you best rate.
If you would like to be a bit anonymous and stay away from the fraudsters/risky trades,doing it online would be much more reliable than meeting up someone personally.It saves your time as well.You can use escrow to do p2p trades on the forum or go for exchanges if they have any fiat conversation feature.Not sure how bitcoin ATM gives you best rate but if that is also an option,go for it.

Finding someone through localbitcoin will be safe enough?
Yes and No.Localbitcoin accounts are sold on the forum so you can never be sure if you're dealing with the right person behind the screen.LBC's online trade is much better since they use escrow and everything.
baobao2000
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February 08, 2018, 08:16:38 PM
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This is a link that comparing Australia bitcoin exchange, not sure if can help you

http://www.bitcoinreviews.com.au/#compare
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