Who is
Independent Reserve?
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it
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The
Bitcoin
Market

From the CEO

It's revolutionised finance, and we've had to adjust our preconceptions about what money actually is.

Adrian Przelozny
Chief Executive Officer

CEO shows how to get started

We have a number of sophisticated security options, for your peace of mind.

Adrian Przelozny
Chief Executive Officer

Scheduled Maintenance Complete – All systems operational

22 Aug 2015 14:42
Adrian Przelozny, CEO

Scheduled Maintenance Complete – All systems operational

Market expert on the growth of Bitcoin

Major global businesses have begun accepting and transacting in Bitcoin.

Lasanka Perera
Chief Business Development Officer
MD Global FX Partners

Independent Reserve is a Bitcoin exchange where investors, traders and everyday people come to buy and sell Bitcoin

Independent Reserve is a registered Australian company, underpinned by Australia's highly regulated financial sector. We are audited annually by one of the world's most respected auditing firms - read more about our governance.

The technology behind Independent Reserve is our proprietary Airmarshal™ platform, which provides a secure, robust, scalable system for online trading. We also provide the secure Airbridge™ API for third parties integrating with Independent Reserve.

Buy and sell Bitcoin using any of our three supported currencies

USD USD AUD AUD NZD NZD

USD USD AUD AUD NZD NZD

Four Easy Steps

In four easy steps, you can be securely trading Bitcoin.

Create an Account

It doesn't cost anything, and it only takes a moment.

Verify your Identity

We are legally required to verify your identity before you can trade. We will ask for some personal information, and then send you a security code in the mail. Once you've entered the code mailed to you, your account will be immediately ready to trade.

Deposit Funds

To buy Bitcoin, you need to first deposit funds into your account. For Australian customers we accept Electronic Funds Transfer. International customers may make a SWIFT transfer into our bank account. To sell Bitcoin, you may deposit Bitcoin into your Independent Reserve account.

Buy and Sell Bitcoin

Once your account is funded, you may then follow the prompts to buy and sell Bitcoin. When you're finished, you may keep your money at Independent Reserve for safekeeping, or withdraw it to your own Bitcoin wallet or bank account.

Create an Account

It doesn't cost anything, and it only takes a moment.

Verify your Identity

We are legally required to verify your identity before you can trade. We will ask for some personal information, and then send you a security code in the mail. Once you've entered the code mailed to you, your account will be immediately ready to trade.

Deposit Funds

To buy Bitcoin, you need to first deposit funds into your account. For Australian customers we accept Electronic Funds Transfer. International customers may make a SWIFT transfer into our bank account. To sell Bitcoin, you may deposit Bitcoin into your Independent Reserve account.

Buy and Sell Bitcoin

Once your account is funded, you may then follow the prompts to buy and sell Bitcoin. When you're finished, you may keep your money at Independent Reserve for safekeeping, or withdraw it to your own Bitcoin wallet or bank account.

Multi-Currency Trading

Independent Reserve facilitates trading Bitcoin in three currencies: USD, AUD and NZD. When depositing funds into your Independent Reserve account, you can choose to credit any of your accounts.

Independent Reserve features a multi-currency order book which automatically converts all open orders into your currency of choice. This means that you can take advantage of the full pool of open orders to always get the best possible price when trading Bitcoin, as someone using AUD can transparently buy Bitcoin from another user who trades in USD or NZD, and vice versa.

  Usd Aud Nzd
1 Usd = 1 1.3795 1.5316
1 Aud = 0.7019 1 1.0981
1 Nzd = 0.6347 0.8836 1

Fee Schedule

Independent Reserve does not collect GST on the value of Bitcoin bought or sold.

The ATO have recently released guidance on Bitcoin treatment under GST, which may require Australian suppliers of Bitcoin to charge GST on the supply of Bitcoin in some circumstances.

Independent Reserve provides an open marketplace for buyers and sellers, and does not buy or sell Bitcoin in its own right. Therefore we are not required to collect GST on the value of Bitcoin traded.

Independent Reserve does include GST as part of the brokerage fee charged to Australian customers, however this GST is absorbed within the standard 0.5 % trading fee and ultimately paid out of our own profits.

Trade commission As low as 0.1 %, click here for full fee schedule
Electronic Funds Transfer deposits Electronic Funds Transfer deposits of AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
SWIFT deposits SWIFT deposits of $1,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Bitcoin deposits Free
Australian AUD withdrawals Free
International or non AUD withdrawals $20.00
Bitcoin withdrawals XBT 0.0002
Airbridge™ API Free

In the Media

Introducing our Customer Referral Program

15 Aug 2015 14:26
Adrian Przelozny, CEO

Become a part of the success of Independent Reserve and earn real money in the process!

Join our Referral Program and invite your friends to earn a 50% revenue share of all brokerage fees paid by the users you invite for the first 90 days.

The Referral Program is available to all verified account holders of Independent Reserve, and you can find further details on the Settings page.

Introducing our Customer Referral Program


Independent Reserve joins board of ADCCA

15 Jun 2015 13:06
Adrian Przelozny, CEO

We are happy to announce that Independent Reserve have joined the board of the Australian Digital Currency Commerce Business Association (ADCCA).

ADCCA’s mandate is to act as the connection between merchants, industry, governments, regulators, financial institutions and influential policy forums which give direction to the digital currency industry in Australia and abroad.

Independent Reserve joins board of ADCCA


Trading in New Zealand Dollars

23 May 2015 15:25
Adrian Przelozny, CEO

A warm welcome to all our Kiwi friends!

We’re very happy to announce today the introduction of New Zealand Dollars to our multi-currency order book.

New Zealand residents are now able to deposit and hold an NZD balance in their Independent Reserve account, and trade Bitcoin using NZD.

This means that New Zealanders can take advantage of the full pool of open orders on our order book to always get the best possible price when trading Bitcoin, as someone using NZD can transparently buy Bitcoin from another user who trades in USD or AUD, and vice versa.

Beautiful New Zealand

Trading in New Zealand Dollars

Industry News

Blockchain Tech Could Save Global Business $550 Billion Per Year

30 Aug 2015 21:27
Jan Przelozny

According to a recent Goldman Sachs report, paper checks account for at least 50% of B2B payments. While credit cards have made consumer purchases faster and easier, the merchant fees involved are a deal-breaker for high-value B2B transactions. It’s 2015, but without a viable digital alternative, we’re now sending $26tn per yr through an analog system invented 2,000 years ago.

But what about the hidden costs of continuing to use paper checks? When you factor in the overhead and time spent processing check payments, their actual cost is about $8 per check, not including losses due to human error and fraud.

All told, legacy payment systems are costing global businesses $550bn a year in direct expenses and inefficiencies.

Instead of losing funds to a leaky payment system, that’s money that could be used to create more jobs, build better products and invest back into the economy.

Click here to read more.

Blockchain Tech Could Save Global Business $550 Billion Per Year


Oxford Dictionaries Adds New Definitions for ‘Blockchain’ and ‘Miner’

28 Aug 2015 21:27
Jan Przelozny

OxfordDictionaries.com, the online language resource owned by the Oxford University Press, has added new cryptocurrency-related definitions.

A “blockchain”, according to the site, is a noun defined as: “A digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.”

The updated definition for the noun “miner” includes: “A person who obtains units of a cryptocurrency by running computer processes to solve specific mathematical problems.”

The verb “mine” has a new section as well: “[To] obtain units of (a cryptocurrency) by running a computer process to solve specific mathematical problems.”

Click here to read more.

Oxford Dictionaries Adds New Definitions for ‘Blockchain’ and ‘Miner’

Education

Adam Tepper answers some common questions about Bitcoin

12 Oct 2014 10:41
Adrian Przelozny, CEO

Adam Tepper answers some common questions about Bitcoin


Market analysis with Lasanka Perera

1 Oct 2014 21:12
Adrian Przelozny, CEO

Market analysis with Lasanka Perera


Adrian Przelozny, CEO, talks Bitcoin security

1 Oct 2014 03:44
Adrian Przelozny, CEO

Adrian Przelozny, CEO, talks Bitcoin security

Trade History

What others are saying

Independent Reserve has been able to merge expertise in technology, with a strong foundation in finance.

Michael Go
Chairman, Advisory Board