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Independent Reserve Review

5

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Average

Revainrating 3.5 out of 5  
Rating 
3.3
Crypto Exchanges

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Description of Independent Reserve

Launched in October 2013, Independent Reserve is a centralized exchange based in Sydney Australia. It supports AUD, NZD, and USD fiat pairs and OTC. It is regulated by AUSTRAC under the Anti Money Laundering Counter-Terrorism Financing Act 2018. Its geographical focus is on Australia, New Zealand. and Singapore. Citizens from 30+ countries are permitted to join. In January 2020, it launched in Singapore and aims to become a licenced operator with MAS. Independent Reserve describes itself as a pro-regulation exchange with a focus on trust and security. In February 2019, Independent Reserve announced it had become the first cryptocurrency exchange in Australia to offer insurance coverage to its clients. It offers a KPMG tax calculator, an auto trading platform, Bloomberg price feeds, and API trading. With mandatory KYC and tiered trading fees, its services are available to individuals, businesses, trusts and Self-Managed Superannuation Funds.

Reviews

Global ratings 5
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Type of review

Revainrating 3 out of 5

might be intriguing for certain clients

It is satisfactory as opposed to what other advanced cash exchanging can offer. For certain clients, the primary concern is to be enrolled by the associations in Australia, so this exchange should be endorsed inside the general set of laws of the country, so you need to affirm your personality for use because of the technique.  in any case, what recognizes this exchange from the rest is the help organizations. The help group can convey by means of numerous channels and the response ti

Pros
  • typical conversion scale.
  • safe exchange
  • there is insurance against the deficiency of capital.
  • upholds financial sorts
Cons
  • a little coin.
  • a high measure of trade is required.

Revainrating 4 out of 5

Review on Independent Reserve by Isaac

Independent Reserve was one of Australia's first cryptocurrency exchanges, having opened in 2013. The Australian Digital Commerce Association is a member of the exchange (ADCA) The exchange is also one of the first digital currency exchanges devoted to serving the Australian and New Zealand markets with cryptocurrency trading services. Independent Reserve, on the other hand, is popular among cryptocurrency traders all around the world because of its minimal costs and support for fiat…

Pros
  • It support multiple cryptocurrency
  • One of the best place to trade cryptocurrency
Cons
  • Nothing bad to say about the platform

Revainrating 3 out of 5

may be interesting for some customers

It is acceptable in contrast to what other digital money trading can offer. For some customers, the main thing is to be registered by the unions in Australia, so this trade must be approved within the legal system of the country, so you have to confirm your identity for use due to the strategy. however, what distinguishes this trade from the rest is the support administrations. The support team can communicate via multiple channels and the reaction time is very fast within 24 hours. This trade

Pros
  • normal exchange rate.
  • safe trade
  • there is protection against the loss of capital.
  • supports monetary types
Cons
  • a little coin.
  • a high amount of exchange is required.

Revainrating 4 out of 5

A good exchange, fully insured.

This cryptocurrency exchange house as we know is designed for users from Australia and New Zealand. The most important thing for some users is that it is registered by entities in Australia, so this exchange is within the legal framework of this country, for this reason you must verify your identity to use it due to its policies. This exchange can be very interesting for some users who only want to buy popular coins using fiat, if you want new or alternative currencies you should look for…

Pros
  • Deposit in bank account using fiat using transfers.
  • Average trading rate to the market.
  • It has insurance against loss of capital in Australia.
Cons
  • Deposit fees using fiat if the amount is less than the established one.
  • Few coins listed.

Revainrating 3 out of 5

Australia’s best exchange.

The value is good when we compare it with what other cryptocurrency exchanges have been able to provide, but one thing that sets this exchange apart from the rest is their support services. The support team is able to reach through several channels and the response time is quite fast within 24 hours. Of course, the fact that the exchange allows you to fund your account with Fiat currency is an extra plus.

Pros
  • legitimate and secure exchange.
  • It offers different payment methods for deposit and withdrawal.
  • It also support fiat currencies.
  • It has a equitable fees for trading.
Cons
  • A higher trading amount is required to avoid 0.5% trading fees.