Author

Topic: Best place to sell BTC in Australia? > 10 BTC (Read 2288 times)

legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
December 19, 2013, 06:02:26 AM
#8
To sell on coinjar requires full verification and bank account linked. 
member
Activity: 112
Merit: 10
December 17, 2013, 11:20:17 PM
#7
How much will you sell at?
newbie
Activity: 3
Merit: 0
December 17, 2013, 07:21:38 PM
#6
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?
member
Activity: 112
Merit: 10
December 16, 2013, 09:21:20 AM
#5
I can buy a couple for the right price knock down price.
hero member
Activity: 504
Merit: 500
December 16, 2013, 03:26:59 AM
#4
I don't see the problem with localbitcoins.com. Just meet in a public place if you fear the fact of being ripped off.
legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
December 16, 2013, 01:18:17 AM
#3
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
newbie
Activity: 16
Merit: 0
December 16, 2013, 12:29:18 AM
#2
Coinjar?
Btradeaustralia? (never tried, but had them on the phone, seemed legit..)
Let us know how you go!
newbie
Activity: 3
Merit: 0
December 16, 2013, 12:02:30 AM
#1
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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