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Author Topic: AUD to BTC exchange - legalities and methods?  (Read 3235 times)
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July 29, 2011, 05:32:40 PM

Being from Australia I've been looking into the possibility of an aussie exchange.

Unfortunately the process of setting up an FX exchange required a licence, which requires 3 years of experience.

And from what I have read there does not appear to be any minimum amount of trading that can be done without a licence.

The other option is to insist it is not currency, but then you will need to deal with GST.

I've got PHP and Rails dev experience, if your looking for a partner.
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