Silk Road forums
Discussion => Newbie discussion => Topic started by: dimitry on March 21, 2013, 07:24 am
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Hi
I normally exchange my bitcoins to AUD through https://www.spendbitcoins.com/, however they have just announced that they are no longer providing this service. Does anyone know of any companies that will buy Bitcoins and deposit the funds into an Aussie Bank Account.
Cheers.
Dimitry from Straya
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Hey dimitri you can try bitpiggy.com i havent used it but apparently its good or worldbitcoinexchange.com and coinmill.com... i found most of these just using a google search honestly the site i always use it spendbitcoins.com so i cant say how good the other sites are.
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Dimitry let us know if you do try and can recommend any good sites!
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I am in the process of doing a transfer with BITINNOVATE. Uses similar process to Spendbitcoins, but exchange rate is nowhere near as good. Spendbitcoins had buy sell exchange rates that were within 1BTC of each other, BITINNOVATE has a difference of around 5-6 BTC difference between buy and sell rates, and the exchange rate is significantly lower than spendbitcoins.
Thus far it appears that BIT INNOVATE takes longer to do the actual transfer than spendbitcoins did.
I am also looking for a site that will deposit directly into a Singaporean or Malaysian Bank account. Spendbitcoins used to have an international bank transfer as an option. Have not been able to find a site that allows international transfer (without too much verification of identity).
Cheers.
Will keep you all updated.
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Okay, placed a sell order with BIT INNOVATE, and sent the coins on Monday. Promptly received an email saying it has been processed and the coins should arrive in two days. Checked Wednesday evening, and the cash had not arrived. Sent an email to them asking for an update. Received a prompt response indicating the payment had been rejected, because my account number has a dash in it (not many do). :-\
Apparently they reprocessed the payment on Wednesday night, after making some changes to their processes, so it should arrive soon.. As of 5pm AEST the cash still have not arrived in my account. :o
Will update late once i have more information.
Update 12/ May 2013
Apologies for taking so long to update. I have used Bit Innovate a few times now and whilst i have had a couple of minor hiccups, their service seems pretty good. Latest transfer was for over a thousand dollars, will waiting on that to come through, but i am confident it will work out in the end.
Cheers
Dimitry from Straya 8)