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Author Topic: Best place to sell BTC in Australia? > 10 BTC  (Read 2165 times)
sjaa3489
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December 16, 2013, 05:02:30 AM
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I have over 10 BTC I want to sell. What is the best Australian service to sell to? Some things to consider -

- can I sell 10 BTC or more?
- what are ID requirements
- reputation of service

KYC - I am nervous about giving all my dox to an "exchange" run by a bunch of 20-somethings. What are the ID requirements when selling? I intend to pay my taxes etc and don't intend to be anonymous - I simply do not trust many exchanges out there with my personal details.

What are other options?

- Mtgox - wire would never arrive to Australia?
- Coinbase - will not send wire international
- bitstamp - euro exchange - Australian banks probably get nervous
- campbx/kraken - no volume?
- localbitcoins - meeting strangers with thousands of $? - No thanks.

Limited options.

Thank you d
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Mcpit
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December 16, 2013, 05:29:18 AM
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Coinjar?
Btradeaustralia? (never tried, but had them on the phone, seemed legit..)
Let us know how you go!
HairyMaclairy
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December 16, 2013, 06:18:17 AM
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1.  Fly to Hawaii and set up a US bank account and then use coinbase.

Or

2.  I'll offer you $5k AUD for 10 BTC.  We can do small transactions so both comfortable.  Grin
BitcoinFr34k
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December 16, 2013, 08:26:59 AM
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I don't see the problem with localbitcoins.com. Just meet in a public place if you fear the fact of being ripped off.
Sephera
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December 16, 2013, 02:21:20 PM
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I can buy a couple for the right price knock down price.
sjaa3489
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December 18, 2013, 12:21:38 AM
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I don't see the problem with localbitcoins.com. Just meet in a public place if you fear the fact of being ripped off.

I want to sell over 10K AUD. localbitcoins does not scale.

What ID does coinjar ask for for selling only?

I read about another exchange BTC markets but they have no volume. They use a third-party (Edentiti) for ID verification (government approved).

http://www.coindesk.com/australia-gets-new-bitcoin-exchange-btc-markets/

Coinjar sounds interesting. But how do we know what their policies are with keeping client ID info safe?

Has anyone heard of any updates if coinbase will wire internationally?
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December 18, 2013, 04:20:17 AM
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How much will you sell at?
HairyMaclairy
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December 19, 2013, 11:02:26 AM
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To sell on coinjar requires full verification and bank account linked. 
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