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Independent Reserve review: is it worth it?
Independent Reserve is one of Australia’s longest-running crypto exchanges, based in Sydney. It suits people who want a local, regulated place to buy crypto, and new customers get $20 for a $1 deposit.
Independent Reserve at a glance
| Founded | 2013, in Sydney |
| Regulation | Registered with AUSTRAC as a digital currency exchange |
| Deposits | PayID and bank transfer in AUD |
| Minimum deposit | No minimum |
| Sign-up bonus | $20 with referral code BYLFGQ |
What’s good
- Australian company with a long track record
- Instant AUD deposits with PayID
- You can start with $1
- A $20 bonus for a $1 deposit and purchase
What’s not so good
- The interface is more trading-focused than beginner apps
- Trading fees are a percentage of each trade, so check the current fee schedule
Our verdict
A trustworthy local exchange and an easy first $20. Good for buying and holding the major coins.
Get the Independent Reserve sign-up bonus: $20
Independent Reserve is an Australian cryptocurrency exchange. New customers who sign up through a referral link, deposit $1 and buy any cryptocurrency receive a $20 bonus.
Independent Reserve questions
Is Independent Reserve safe?
It’s an Australian company registered with AUSTRAC and has operated since 2013. As with any exchange, crypto prices are volatile and exchange accounts aren’t covered by the government deposit guarantee.
Is Independent Reserve legit?
Yes. It’s a long-running Sydney-based exchange registered with AUSTRAC.
Referral Revenue may receive a commission from the provider when you sign up through the links on this site. This does not reduce your bonus. This is general information only and not financial advice. Offer terms and amounts can change at any time, so check the provider's current terms before depositing. Cryptocurrency and share trading carry risk.