Bitaroo Description
Bitaroo stands out as the largest Bitcoin-only exchange in Australia, offering a comprehensive order book exchange platform tailored for experienced traders alongside an uncomplicated express buy option for newcomers. Our dedicated team consists of passionate Australians from diverse backgrounds, including IT specialists, designers, finance experts, and entrepreneurs, all committed to excellence in our services. We honor and respect the traditional custodians of the land across Australia, paying homage to their elders both past and present. With all our operations based locally, we facilitate real-time AUD deposits and withdrawals, coupled with stringent security protocols. Additionally, we support real-time BTC deposits and withdrawals through the Lightning Network, ensuring efficient transactions. Users can create a new Bitcoin deposit address only after utilizing the previously issued one, maintaining a streamlined process. While we do accept business accounts, they are evaluated individually, and simpler ownership structures are generally accommodated without issue; however, businesses with more intricate ownership arrangements are encouraged to reach out to us for clarification. Our commitment to providing a secure and user-friendly experience is at the forefront of our mission.
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Bitaroo Features and Options
Bitaroo User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Worst exchange in Australia Date: Dec 07 2022
Summary: Worst exchange in Australia.
Nah stay far away from them.
I recommend Kraken for no drill bitcoin purchases.
Or Binance for the experienced.Positive: See below.
Negative: Worst exchange in Australia, I convert 20 of bitcoin to lightning and they block my withdrawal, huh my account was approved so why the dictatorship attitude? Treating me like a criminal over a 20 buck purchase of btc, Just because I refuse to send fiat onto the exchange only because it's too high and many others offer this service for free.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Bitcoin in SMSF Date: Apr 08 2024
Summary: Straightforward Setup of SMSF account.
Easily purchased bitcoin in the way I wanted.
Secure Vault protocol.
Straightforward Withdrawal to self-custody.Positive: - No Altcoins / Bitcoin-only Service
- Simple & Straight-Forward Interface
- 2FA Required for BTC Withdrawals
- Responsive Customer Service (during SMSF account creation)
- Vault feature to transparently hold any funds with exchange.Negative: There were no issues that I ran into that have required customer service. I know some have had questions instead of reading FAQ's, but said customer service was very quick and solved issues quickly.
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