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Topic: Bitcoins Now - Selling Bitcoins in Australia OFFICIAL THREAD - Support (Read 940 times)

newbie
Activity: 50
Merit: 0
Emm
newbie
Activity: 28
Merit: 0
There certainly is a  lack of legal precedents regarding Bitcoin (BTC).  So until it is legislated against, I don't see a problem with selling BTC.

We are planning to allow our customers to sell BTC to us soon.  I'll let you guys know what our legal team decides.
newbie
Activity: 12
Merit: 0
Thanks for replying. So if you were helping the Australian public "cash out" like bitinnovate does would you then require a certain license or is there a legal issue?

Hi BitHub,

From what we have been advised, it is not worth the trouble enabling people to sell us coins.

Legality wise it is a grey area still we have been told, maybe in a few months we will add additional services but all depending upon if we need a financial services license to purchase coins from the public and other services we are looking at offering.

Peter

www.bitcoinsnow.com.au
sr. member
Activity: 253
Merit: 250
Thanks for replying. So if you were helping the Australian public "cash out" like bitinnovate does would you then require a certain license or is there a legal issue?
newbie
Activity: 12
Merit: 0
cool site, before using it. Are you guys legal? What licenses do you guys have at the moment? Also what is your policy with customers privacy?

Hi,

We are only selling coins in Australia and not buying from the public, we have been advised that there are no licenses needed to simply sell coins in Australia. Our privacy policy will be added to the site today, I am not sure why the link is not there for it now.

Peter

www.bitcoinsnow.com.au
newbie
Activity: 12
Merit: 0
The website seems nice, but the price is quite high, no?
133 usd (after being converted), but only 121 usd at mtgox.

Hi

Our price is calculated based on MtGox current USD Price and converted then our margin added to our sell price.

We will sometimes be cheaper than our local competition and some times more expensive, we chose the MtGox USD market as it is the most active to base our prices on.

Regards

Peter

www.bitcoinsnow.com.au
sr. member
Activity: 253
Merit: 250
cool site, before using it. Are you guys legal? What licenses do you guys have at the moment? Also what is your policy with customers privacy?
sr. member
Activity: 392
Merit: 250
The website seems nice, but the price is quite high, no?
133 usd (after being converted), but only 121 usd at mtgox.
newbie
Activity: 12
Merit: 0
Support also available via this Forum.

Bitcoins Now
newbie
Activity: 12
Merit: 0
http://www.bitcoinsnow.com.au/images/logo.png

We sell Bitcoins to the Australian Market, our service is fast, simple to use and anonymous.

Cash deposit at your nearest Commonwealth Bank.

5 Step Order Process. Visit our website, complete the form. You are then provided the information on screen to print or write down to deposit the correct amount of money along with an Order ID.

Orders over $5,000.00 AUD available upon request - Email [email protected]

Visit www.bitcoinsnow.com.au

Phone: (02) 8006 8609 - Australia
Email: [email protected]

Suggestions, reviews and feedback welcome!
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