Independent Reserve Review 2021 - Is It Safe?
Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
Incorrect / Missing Reference: $20.00
SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Cryptocurrency deposits: Free
Australian AUD withdrawals: Free
International or non-AUD withdrawals: $20.00
Bitcoin withdrawals: BTC 0.0002
Ether withdrawals: ETH 0.001
Bitcoin Cash withdrawals: BCH 0.0001
Litecoin withdrawals: LTC 0.001
Ripple withdrawals: XRP 0.15
Airbridge™ API: Free
One of the problems that crypto exchanges have in the past year is the growing number of regulations by countries making it difficult for trading. However Independent Reserve is an exchange with a difference as it is licensed by the Australian government.
The exchange which is one of the oldest exchanges dedicated to Australia and New Zealand markets was established in 2013. The platform is also a part of the Australian Digital Commerce Association (ADCA)
Over the past five years, it has been able to achieve a position as one of the popular crypto exchanges in the crypto landscape in Oceania.
Key Features of Independent Reserve:
- Low transaction fees
- Multiple trading options
- Excellent Security
Independent Reserve lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
In total there are 14 cryptocurrencies that can be traded on the platform. The platform also supports the fiat currency of Australia AUD, New Zealand NZD and United States of America USD.
The platform also takes customer data seriously and uses militaty grade encryptions to safeguard its platform. This is good news for its users, given that crypto exchanges have been targeted by hackers in the past.
Independent Reserve also offers low transaction fees and crypto wallets making it one of the best crypto exchange platform for Australia and New Zealand users.
Overall we would say that Independent Reserve is a good exchange for Australia and New Zealand. It’s easy to use platform and trading features makes it a no brainer for traders within this region for easy trading transactions.
its the best for Australia. Real trading between individuals, no spread to pay like buying of most exchanges, where its 3% r more for some coins. If they provided a debit card option that would be even better.
Trading options are great.