Aussie Coins review – a first-hand impression on buying BTC with this crypto exchange
- Written by a contributor
Exchanging fiat to crypto, and vice versa, in Australia is now more affordable and convenient than ever. This is much thanks to the rapid development of the industry, alongside support from government agencies. Our Aussie Coins review will highlight some of the most important benefits of this exchange platform, which offers attractive rates for Bitcoin.
Bitcoin still dominating the market
With over $730 billion in market capitalization at the time of writing, Bitcoin dominates the cryptocurrency industry by far, benefiting from a long track record, since its launching in 2008.
Hovering near $40,000 currently, the token price saw exponential growth in 2020 and despite a short-term corrective period, looks poised to continue the bull run this year. Aware of the high Bitcoin potential, Aussie Coins has stepped in with its registered services, working tirelessly so Australian residents can take advantage of this crypto, regardless of prior experience.
Bitcoin is considered a long-term investment after rising to impressive levels over the years. Popular models like Stock to Flow are pointing towards a continuing expansion of Bitcoin market capitalization, which is where aussiecoins.com.au steps in with facilitating access to BTC exchange services.
Aussie Coins highlights
Aussie Coins is a cryptocurrency exchange platform operating in Australia and registered with AUSTRAC. Its services include buying and selling of cryptocurrencies against the Australian Dollar. Industry-leading security, accurate rates, multiple payment options, and reliable customer support 24/5, are some of the main benefits when exchanging crypto with this brand.
We’ve found that aussiecoins.com.au is also a firm believer in transparency, sharing all the relevant information on its website or through representatives available for help via the live chat feature.
Moving ahead, can anybody in Australia register for an account, even those who don’t have experience in crypto trading?
Aussie Coins Registration
The Aussie Coins registration process is actually favoring those with no prior connection to the cryptocurrency industry. Opening an account is done with a simple process, no different than in other exchanges. Each customer needs to provide personal details and confirm their email address.
Verification is another important step before accessing the exchange operations. Aussie Coins is registered with AUSTRAC and requires all customers to verify their identity before buying Bitcoin. Luckily, we were pleased to find out that most people can get verified fast by simply providing a driver's license.
Funding options include POLi, PayID, and bank wires, all denominated in AUD only. Once customers exchange fiat into Bitcoin, the tokens are sent directly to a BTC wallet address provided at the time of the transaction.
Why Australians choose Aussie Coins
Our research has discovered that when exchanging Bitcoin via Aussie Coins, customers benefit from some of the most competitive rates in the industry, without having to worry about any hidden fees or commissions. There is only a single account incorporating all benefits, regardless of the amount each client wishes to deposit.
The exchange is also aware that flexibility is a key feature, accepting multiple funding options, as well as granting the ability to transfer tokens to a personal wallet. Aussie Coins offers live chat assistance 5 days a week for anyone interested in getting more details about the services provided, or for account holders who need further assistance.
The bottom line
After assembling all the pieces together, we can conclude Aussie Coins is a trusted cryptocurrency exchange platform, currently one of the best places in Australia to buy and sell Bitcoin. The largest crypto in the world continues to shine and as it grows, and now more people have the opportunity to join in on the party, thanks to efforts made by brands like aussiecoins.com.au.
