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Author Topic: Bitinnovate stops trading in Australia. Need another reliable bitcoin reseller  (Read 27652 times)
hotlimelight (OP)
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June 24, 2013, 10:42:34 AM
 #1

www.bitinnovate.com.au has stopped selling bitcoin temporarily .

I find https://www.spendbitcoins.com/ over priced.

Apparently https://bitcointrader.com.au/ is good has anyone else used this? Fee is just 7.6% it looks good.

Any other suggestions?

Thanks

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m4ttanderson
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June 24, 2013, 10:45:07 AM
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No, no, no  Roll Eyes

Sell here: https://www.btradeaustralia.com/sell-bitcoins/ (2% fee)
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June 24, 2013, 11:30:46 AM
 #3

I was actually after buying bitcoin and I can see the fee is quite low for this too at 5.9% but I'm always unsure about using new sites. Have you used this before or it it your site? I've had some friends recommend https://www.bitcointrader.com.au

Coinjar.io then (2% fee)

Granted there's a $100 daily deposit limit which gets extended to $500 and extended to $5,000. Each deposit lifts the limit. It's the cheapest in the country.

It's all in my signature  Tongue
Stephan21
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June 25, 2013, 02:57:33 PM
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CoinJar probably a scam (search Zhoutong),  real options include BuyBitcoinAustralia, SpendBitcoin and BitInovate

I would go with BitInovate if you want the lowest fees and BuyBitcoinAustralia if you want the bitcoins literally instantly.

Note that BitInovate only has lowest fees till the end of this month (cos of promotion).  Then BuyBitcoinAustralia will be the lowest fees of the trustworthy sites.

Hope that helps!
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June 25, 2013, 03:06:15 PM
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I would go with BitInovate

Bitinnovate aren't doing business for the time being. See their site for details.

Keep clam & hodl on
m4ttanderson
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June 26, 2013, 12:42:59 AM
Last edit: June 26, 2013, 01:06:17 AM by m4ttanderson
 #6

CoinJar probably a scam (search Zhoutong),  real options include BuyBitcoinAustralia, SpendBitcoin and BitInovate

I would go with BitInovate if you want the lowest fees and BuyBitcoinAustralia if you want the bitcoins literally instantly.

Note that BitInovate only has lowest fees till the end of this month (cos of promotion).  Then BuyBitcoinAustralia will be the lowest fees of the trustworthy sites.

Hope that helps!

Without proof that Coinjar is a "scam", no, that doesn't help.

Do your own research and decide for yourself, yes. It received $20,000 in seed money from startup investor Angelcube & Ryan Zhou is a co-founder.

Here's Coinjar's:
Australian Business Number
Australian Securities Investment Commission summary
Angelcube seed money
Quote
CoinJar received $20k in Seed funding.    (5/1/13)
Posted 5/16/13 at 11:14pm via angelcube.com
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June 26, 2013, 03:38:11 AM
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If money gram, western union or neteller is an option for you, you can use http://exchange.panamabitcoins.com
m4ttanderson
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June 26, 2013, 04:03:45 AM
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I will sell you coins all day long.  How many do you want?


Sounds sexual  Kiss
goose20
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June 26, 2013, 08:21:49 AM
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Coin jar is good for me. Have used several times with no problems. Quick turn around. My limit is now up to $900/day. Depends how much you after I guess. Just my thoughts.
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June 26, 2013, 09:39:35 AM
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coinjar.io, yep.
m4ttanderson
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July 23, 2013, 02:24:32 AM
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Coin jar is good for me. Have used several times with no problems. Quick turn around. My limit is now up to $900/day. Depends how much you after I guess. Just my thoughts.
Yeah $200-300 *per day* is usually for the average Joe. I haven't used their merchants services but I'm kinda itching to incorporate bitcoin into a vending machine business I wish to establish.

But I doubt I could do this. I have to raise $5,000AUD to buy coffee & popcorn machine from the vending company and they source, place & give a 1/3 cut to the property owners.

And they're certainly not the machines to have bitcoin payment capability  Roll Eyes

So I'm hoping my investment in LTC rises enough to get to $5K.
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July 29, 2013, 05:48:01 AM
 #12

Hey everyone in Australia - do not forget www.bitXoin.com to buy your bitcoins with cash at the bank?

PM me for discount coupon Wink

bXmaster
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September 20, 2013, 02:29:47 PM
 #13

I'd like to know if any of you have tried this new exchange, and if so, what you thought of it - https://www.btcmarkets.net/

Thanks
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