I've been trading for over 6 years and I have tried several platforms including this Btcmarkets. However, I recently discovered an auto trading software on Cryptominer Solutions shop that scans the top markets and sends me the best trading signals to net daily profits. Anybody really interested in trading can take advantage of this tool, especially people that don't have the time to trade themselves.
Review by Gimpy1 month ago
If you have an idea to invest some cryptocurrencies, use other cryptomarkets which is running globally, such as Binanc.
BTCmarkets may be the biggest cryptomarkets based on the Australian Dollar. However, as many other Australian companies, they are greedy and lack of technology.
First of all, their transaction fee systems are significantly higher than other cryptomarkets. Fees start from 0.85 percent. It is a ridiculous amount compared to other cryptomarkets. For example, you need to pay 0.085 percent fees if you use Binance and have some BNB. IT IS TEN TIMES MORE EXPENSIVE THAN BIANANC!!. Of course, the fees will be reduced if you continue to trade, however, it will be still far expensive.
Moreover, they don't open any contact number for support customers. They also hide their real address so nobody would know their identifications if they decide to shut down their company and run with your money. YOU WILL NOT BE GUARANTEED ABOUT THE SAFETY OF YOUR DEPOSITS AND CRYPTOS. Besides, they only accept the email contact, it will take a while to process if there is an issue. I have multiple issues about my crypto deposits/withdrawals, sometimes it stuck more than 24 hours and they couldn't find the reason. Do not expect that they have sufficient technologies and experience to run the cryptomarkets. If YOU HAVE AN ISSUE DURING THE WEEKEND, DO NOT EXPECT TO GET AN ANSWER BECAUSE THEY ARE NOT WORKING ON THE WEEKEND.
Fortunately, BTCmarkets are now having some liquidity issues because many of my colleagues decided to leave and uses alternative options and only API bots left in the markets. I also use BTCmarkets when only there is a need to deposit Australian dollars. My recommendation is below:
TRY TO USE ALTERNATIVE OPTIONS. BTCMARKETS IS GREEDY AND UNPROFESSIONALS.
Review by Bylynda3 months ago
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Review by Zreval3 months ago
Scamers, randomly call people without making a sound in the phone.
Review by PLu3 months ago
Are you interested in recovering your money from any scam? Contact Lucas today to get your money back. [email protected](dot)com
Review by Imagica4 months ago
are these related to ETC-MARKETS who are also a ghost opperator with no accountability and similarly I cannot get a descent response from customer services, they keep telling me I do not have an account
Review by Circularity Shulem4 months ago
Used to be good 2 years ago up to the last few months now be very careful with your crypto?
They are now running computers which manipulate the buy/sell process.
Watch it for yourself before you buy/sell absolutely any person with common sense can see they are manipulating the market on there own website.
Review by Tleco4 months ago
Very slow at processing withdrawals and horrible customer service.
Review by Meldmaster Knowles6 months ago
Great company !! have transferred ETH in and out a few times with no problems in fact during my last transfer BTC called me on my mobile to confirm it was me after sending verification emails would definitely recommend them to new or inexperienced crypto investors as their site is really easy to navigate.
Review by Mihec Laimbeer6 months ago
Good experience and support team. It would be great to see a UI overhaul though to keep up with the times. I recommend them as a trustworthy exchange.
Review by PumpkinDev6 months ago
best australian option for liquidity/AUD and has been around for a while but:
- missing a lot of pairs, notably ERC20 tokens
- listed business address is p/o box not real office
- minor UI bugs during withdrawal
Review by Stipe1 year ago
I would give it a 5 except for one thing, the time it takes after making a deposit to reach my BTC account takes to long. but as one user said I don’t understand some of the negative reviews because apart from the above, I have found BTC to sign up with and use easy as. It would be nice to have same day if not instant deposits (if this could ever be possible) so as to maximise on the volatile market.
All aside I won’t stop using them.
Review by Nambikandy1 year ago
I opened my account, completed the verification , deposited small amount via bpay. all worked fine. I cant see why so many negative reviews??
I think maybe some are thier own fault and want mummy to clean up thier mess, well this is the grown ups table.
I'll keep using btc market
Review by Audice Delahanty1 year ago
Been using these guys for almost 12 months. A
They have continued to improve their speed and service over that time. Best crypto exchange to use if you are in Australia.
Review by YiaYia1 year ago
Took 4 weeks to verify account. Customer service was very slow to respond, taking weeks each time.
Had issues to transfer anything more than A$2k.
Was concerned with some of their security protocols.
Review by Mayur1 year ago
Verification process is exhausting and not really clear
should dependently improve that par of the service
Review by CritéRion Wofle1 year ago
I have been useing this company to trade crypto for about a year now. I have no problems what so ever. Those na sayers are probably working for the opposition to keep the rating down...
Review by Remodeler1 year ago
So far my experience with BTCMarkets has been faultless. I've made multiple transactions without issue and the platform is simple (if not a little plain) but extremely easy to use. Only improvement I can suggest is adding more coins however this would probably slow things down and add more transaction fees, which are super low so I'm not really complaining. Keep up the good work.
Review by AVBase Holtorf1 year ago
Just created my account on BTC Markets ... took me around 20 minutes to set up a fully verified account and initiate the first BPAY transfer. Which is a good surprise, as reading through some other online reviews, the process seemed nightmarish! The verification was completed online ... no dramas there. I will update this again once the BPAY-ied amount is visible in my online account. I expect this to happen tomorrow. UPDATE: The BPAY worked along expected timelines and I was able to purchase a fraction of bitcoin. Very happy with speed and outcome!
Review by Hallie1 year ago
This a FRAUDERLENT operator! I went through their lengthy signup &everything, then on my second &bigger transaction everything went very wrong. In short, they stole my fund &refused to answer any question. Their cut &paste responses to any question, lack of follow up or address any issue meant that this operator is a fraud. If you have any doubt to what I'm saying, I have all the evidence of my Bpay record to their online platform. And if you're using them, please withdraw all your fund, before you loose your money. Someone should shutdown this fraud operator immediately!
Review by GGGidney1 year ago
FRAUD operator!!! I have been with them for two months and all the sudden they took fund out from my account. I contacted numerous times only to be ignored. If you're ever thinking of putting any money with them, please THINK AGAIN! This fraud operator isn't accountable to anyone - they haven't even got a phone number. Stay AWAY from this operator!
Review by Nung1 year ago
Minimum amount of bitcoin to send to my wallet was over $11.00 which included a untold fee. The fee was over $10.00. What kind of outfit is this mob. 900 % hidden transaction fee which does not appear on there history page of transactions for my account, only the standard percentage rate. I'll try to take my money out of this firm, normally when this sort of thing happens they won't give any money back... I also noticed while watching for hours the live prices people putting in the order book, they would disappear and come back in seconds latter, - right at the trigger price point, so the orders did not go through. Other orders came from nowhere right on price trigger for bid , buy/sell. These where large orders of in the tens of thousands... The btcmarkets physical location is a 'fresh organic goods shop' , that sells , - you guest it, fresh organic goods.
Review by Regena1 year ago
BTC Markets is the number 1 exchange in Australia. I have done numerous trades through this site for the last 6 months. My experience has been mostly okay at times, but sometimes I found the processing time for bitcoin/litecoin deposits and withdrawals quite sluggish resulting in the loss of trades on my part. Prices are transparent.
Deposit of AUD can be made using POLi and BPAY. They should increase the POLi deposit limit which is too low.
The support team seems to require more resources to provide faster support.
Review by Nr1 year ago
Pretty easy to set up for me as a newbie to Crypto,
BTC Markets is rated 3.0 based on
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