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Author Topic: New 'Buy Bitcoin' Service in Australia is open!  (Read 5376 times)
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bX_master (OP)
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July 02, 2013, 02:19:23 AM
 #1

IMMEDIATE RELEASE:

The Easiest Way to Buy Bitcoins in Australia | bitXoin

It's exciting news in Australia if you are one on the many who keeps an eye out for the easiest way to Buy Bitcoins.

The launch of bitXoin a new service which allows bitcoin users and investors to make a cash deposit over the counter at the bank and have their Bitcoins show up in their electronic wallet within the hour, removes probably the only downside to this increasingly popular digital currency.

With the elimination of traditionally complex offshore funding transferral protocols and online transaction delays, bitXoin has laid the groundwork for increased Bitcoin usage in the greater community, and for public acceptance to accelerate further.
 
bitXoin is an advanced and innovative buyer platform allowing fast and secure Buy Bitcoin transactions using cash at any Westpac, Commonwealth or Suncorp bank branch.
 
Before bitXoin, there was no easy way to Buy Bitcoins in Australia

Visit www.bitXoin.com or email info@bitXoin.comfor more information (or PM here).

BITXOIN PTY LTD IS A REGISTERED AUSTRALIAN COMPANY, 100% COMPLIANT WITH ALL CURRENT AUSTRALIAN LEGISLATION GUIDELINES AND OUR SINGLE LINE COMMITMENT IS PROVIDING THE SAFEST, CHEAPEST AND MOST EFFICIENT BUY BITCOIN SERVICE IN THE WORLD.

MEMBERS PROMO CODE: YES5 for 5.00% fees for all bitcointalk members! That is the lowest in Australia!  Kiss

www.bitXoin.com | bitxoin.blogspot.com
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July 02, 2013, 02:30:23 AM
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Hi mate,

First off, let me say that I think it is great that another exchange has opened up in Australia. While there is a lot of interest in Australia regarding Bitcoin, we are lacking in ways of exchanging them. Another exchange opening will increase competition and in the end benefit consumers.

I will let you know however that you are not the cheapest. CoinJar currently has a 2% fee, which is by far the cheapest in Australia.

Disclaimer: I am no way affiliated with CoinJar. I am simply a happy customer sick of theirs. 

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July 02, 2013, 02:52:13 AM
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Thanks for the note and yes we are excited to foster further growth of bitcoin in Australia!

As for Coinjar - they can offer a lower rate - however please note, you lose your privacy and need to register details and have an online wallet with them. In this sense, these are different services. We intentionally keep an arms length to protect our clients identity.

With bitXoin - place your order, deposit cash at the bank using the reference number and receive your bitcoins. No sign up, no registration or personal details taken (other than an email in case something goes wrong).

We have an office space and staff costs to account for our service, so in this sense, we have set our commissions at the lowest price-point possible. We have a tonne of new products and features in the sandbox, so stay tuned to this space over the coming weeks.

John @ bitXoin (Don't forget to use the bitcointalk discount YES5 code when ordering!)
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July 02, 2013, 02:55:05 AM
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Before bitXoin, there was no easy way to Buy Bitcoins in Australia

There are other similar services in Australia, but it is always good to have more options to locally buy bitcoins.

One feature you could implement which would give you an advantage over your competitors would be to allow payment using credit card or direct deposit (i.e. electronic transfer), which is much more convenient than cash deposit over the counter.

Anyway good luck with your service.

Edit: spelling

We agree - Yes, receiving bank transfers will be released soon as we work through some Australian compliance issues. At the moment, cash deposit is the only method of buying bitcoins with bitXoin

Thanks for the note!
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July 04, 2013, 04:10:18 AM
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Have done a small transaction to test your service
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July 04, 2013, 04:23:11 AM
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that was fast the bitcoins are in my account

I put the money in the bank at about an hour ago - drove home - emailed the receipt and the money is in my wallet
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July 04, 2013, 05:39:47 AM
Last edit: July 04, 2013, 06:01:08 AM by bX_master
 #7

that was fast the bitcoins are in my account

I put the money in the bank at about an hour ago - drove home - emailed the receipt and the money is in my wallet

Our system enables ultra fast turnaround in almost all cases... and it always helps dealing with clients like yourself that send the receipt allowing us to validate the transaction efficiently.

We hope to earn your business further in the future - thanks again!

john @ bitXoin

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July 04, 2013, 06:08:50 AM
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The lowest fee in Australia is Coinjar (2%).

Also, maybe you can get it down to minutes / seconds if you send to Inputs.io!
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September 30, 2014, 03:49:42 AM
 #9

IMMEDIATE RELEASE:

The Easiest Way to Buy Bitcoins in Australia | bitXoin

It's exciting news in Australia if you are one on the many who keeps an eye out for the easiest way to Buy Bitcoins.

The launch of bitXoin a new service which allows bitcoin users and investors to make a cash deposit over the counter at the bank and have their Bitcoins show up in their electronic wallet within the hour, removes probably the only downside to this increasingly popular digital currency.

With the elimination of traditionally complex offshore funding transferral protocols and online transaction delays, bitXoin has laid the groundwork for increased Bitcoin usage in the greater community, and for public acceptance to accelerate further.
 
bitXoin is an advanced and innovative buyer platform allowing fast and secure Buy Bitcoin transactions using cash at any Westpac, Commonwealth or Suncorp bank branch.
 
Before bitXoin, there was no easy way to Buy Bitcoins in Australia

Visit www.bitXoin.com or email info@bitXoin.comfor more information (or PM here).

BITXOIN PTY LTD IS A REGISTERED AUSTRALIAN COMPANY, 100% COMPLIANT WITH ALL CURRENT AUSTRALIAN LEGISLATION GUIDELINES AND OUR SINGLE LINE COMMITMENT IS PROVIDING THE SAFEST, CHEAPEST AND MOST EFFICIENT BUY BITCOIN SERVICE IN THE WORLD.

MEMBERS PROMO CODE: YES5 for 5.00% fees for all bitcointalk members! That is the lowest in Australia!  Kiss

www.bitXoin.com | bitxoin.blogspot.com

Is this exchange down?

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