Best way to convert BC to AUD? | Bitcointalksearch.org

mahingupta

newbie

Activity: 39

Merit: 0

Quote from: Fred26 on April 14, 2012, 10:12:42 AM

I am trying to find a way of getting btc for cash in Aus, but there is this problem of trust =/

Get an account with Crypto X Change. Use their Australia cash deposit option to fund your account and buy BTC.

Cheers

Fred26

newbie

Activity: 43

Merit: 0

Okay Alikim, I have been looking into this problem myself, and I think it sort of boils down to this:

1. You need to get your Bitcoins into your Mt.Gox account
2. Sell them for AUD
3. Do an international bank transfer into your Australian bank account from Mt.Gox
This involves your international bank swift number, you should be able to find that on your bank website
Problem with this is, westpac takes $5 for all incoming international bank transfers, no matter what bank your with, so by the time you get your money, depending on your bank, and banks in-between it may cost you $30, or more =/

Or you could go with a site like spend bitcoins,

They will pay you current price for btc.

Or you could find someone local that wants them

Or find someone on the forum that you can trust.

I am trying to find a way of getting btc for cash in Aus, but there is this problem of trust =/

payb.tc

hero member

Activity: 812

Merit: 1000

Quote from: Jeremy West spendbitcoins.com on April 14, 2012, 05:41:36 AM

Quote from: payb.tc on April 10, 2012, 10:08:27 AM

even though it's not particularly cheap...

Hey! We give the exact USD-AUD exchange rate of the last trade on Mt. Gox with no fees. I'd say that's particularly cheap. But that's just me...

oh i didn't realise... i guess the aud/usd rate in general is kind of bad lately. i wonder if i'll ever see it at 54c again in my lifetime.

Jeremy West spendbitcoins.com

hero member

Activity: 700

Merit: 501

Quote from: payb.tc on April 11, 2012, 12:21:12 AM

https://www.spendbitcoins.com/convert/pay-bills-with-bitcoins/

That's weird. Never noticed that url. I just fixed it... https://www.spendbitcoins.com/convert/bitcoins-to-australian-bank-account/

Jeremy West spendbitcoins.com

hero member

Activity: 700

Merit: 501

Quote from: payb.tc on April 10, 2012, 10:08:27 AM

even though it's not particularly cheap...

Hey! We give the exact USD-AUD exchange rate of the last trade on Mt. Gox with no fees. I'd say that's particularly cheap. But that's just me...

payb.tc

hero member

Activity: 812

Merit: 1000

Quote from: alikim on April 10, 2012, 11:31:15 PM

I'm mostly worried about how exactly I get BC on my bank account, rather than the exchange rate..

in that case, this page is perfect for you... https://www.spendbitcoins.com/convert/pay-bills-with-bitcoins/
currently giving 4.85 AUD

alikim

member

Activity: 80

Merit: 11

Thanks!

I'm mostly worried about how exactly I get BC on my bank account, rather than the exchange rate..

Did anyone use CryptoXChange in Australia?

How they deposit money on your bank account, I couldn't find that information on their web site?

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Also, Mt. Gox has BTC/AUD market.

BitcoinCharts will show the current exchange rates for them and CryptoXChange:
- http://bitcoincharts.com/markets

There are other exchanges which set the price based on the BTC/USD exhange rate:
- http://en.bitcoin.it/wiki/Selling_bitcoins

matthewh3

legendary

Activity: 1372

Merit: 1003

Try - http://www.cryptoxchange.com/ - that's an Australian based bitcoin exchange.

payb.tc

hero member

Activity: 812

Merit: 1000

i highly recommend spendbitcoins.com, even though it's not particularly cheap... but it's worth it for the convenience and security of going with a trusted operator.

alikim

member

Activity: 80

Merit: 11

I've been away for a while, can someone please give me a heads up on the best (cheapest/secure) way to convert my BC into AUD?

Thanks!

Topic: Best way to convert BC to AUD? (Read 1252 times)