Independent Reserve was founded in 2013 in Sydney, Australia. IR mission is to transform cryptocurrency technology into secure, robust and regulated financial services, and do things the right way. IR foundation is a strong and experienced executive team, with a broad range of skills in corporate leadership, financial markets, software engineering and regulatory compliance.
Based in Sydney
AUD, NZD, and USD Price
Local Exchange
Simple
Established in 2013, Independent Reserve is one of the first cryptocurrency exchanges in Australia. As an Australian based exchange, Independent Reserve functions within the confinement of the laws and regulations applicable to the Australian financial market.
Independent Reserve is also the first cryptocurrency exchange to be regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC). The primary objective of this body is to make sure Australian financial institutions comply with the Counter-Terrorism Financing and Know Your Customer laws applicable in the country.
Independent Reserve is also famous among cryptocurrency investors all over the world as the exchange support fiat currencies and offers low fees. Besides the support for the Australian and New Zealand dollar, Independent Reserve also has support for the United States dollar.
Account registration and verification process steps as below
Independent Reserve is a registered Australian company, committed to institutionalising the Cryptocurrency industry. Independent Reserve is an audited, Gold Certified member of the Australian Digital Commerce Association (ADCA), which represents the Cryptocurrency industry in Australia.
Independent Reserve take the security of your digital assets very seriously. They are continuously working to enhance the extensive security measures they already have in place today. The security measures they have in place cover the integrity and continuity of the Independent Reserve services, access controls to your trading account and the digital assets they hold on your behalf in their digital wallets. They pride themselves on their dedication to securing your trading accounts and your digital assets. They constantly seek to improve their security and processes to ensure you can trade with confidence now and into the future.
The Independent Reserve core servers are securely located at two Tier 3 data centres in Sydney, Australia. This allows them to synchronously replicate all data across both locations in real-time. This ensures zero data loss should one site have an outage. They also have a fully functional back up of their production environment should the need arise. Customers’ privacy and personal data is important and Independent Reserve ensure that all your personal information is protected. All data are signed and encrypted multiple times using geographically dispersed keys, spread across four data centres; ensuring your personal information is always secure.
Cryptocurrencies are what is known as ‘bearer instruments’, meaning that whoever is the bearer (holder) of the private key for the digital asset is the owner. It is therefore imperative that the private keys are kept secure. Independent Reserve employs ‘Cold Storage’ to store the overwhelming majority of digital assets. Their cold storage is secured by multi-layer encryption and kept on offline digital hardware storage devices. The hardware is stored in physical vaults in geographically diverse locations. Each vault is secured by multiple levels of physical security as well as requiring biometric authentication of all persons accessing the vaults. By using offline, multi-layer encryption in physical vaults, Independent Reserve is employing best in class security for your digital assets.
Independent Reserve is a registered Australian company (ABN 46 164 257 069), underpinned by Australia's highly regulated financial sector. Independent Reserve is overseen by an experienced advisory board, chaired by Michael Go, with over 25 years' experience as an executive in global markets. Independent Reserve is the result of a fifteen year partnership between Adam Tepper and Adrian Przelozny. Specialists in digital platforms and security they envisaged an exchange that made cryptocurrency easy to understand, use and trade by all people. To help achieve this they enlisted market experts, driving knowledge, security and openness through everything they did. Since launch, Independent Reserve has achieved a number of milestones. Unfortunately, Adam died six months after launch. In this rapidly evolving industry, Adam's vision drives them to set higher standards, make cryptocurrencies more accessible and ultimately be the premier Cryptocurrency Exchange in Australia.
Unique Features which is only availble on IR which is regarded as Australia's most Secure Digital Currency Exchange
Your brokerage fee can be discounted based on your past 30 day trading volume. The trading volume is re-calculated every 4 hours. Further discounts may apply if you have purchased an Account Plan.
Independent Reserve is only the Exchange that allows trading in 3 currencies: USD, NZD and AUD.
IR OTC Desk is a premium service for high net worth and institutional clients needing to execute large volume block trades in major cryptocurrencies. The desk is managed by Independent Reserve, a trusted Australian orderbook exchange established in 2013.
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Independent Reserve is perfectly capable of working both as a daily trading and/or investment platform. That’s because, compared to other exchanges, the exchange has super low service fees, as low as a measly 0.1% in trade commission. Besides, the multi-currency trading in which a multi-currency order book automatically converts all of your open orders into the currency of choice grants traders an excellent opportunity to benefit the best possible prices. In this case, someone trading in USD can buy directly from another person trading in NZD or AUD and vice versa.
Some of the Independent Reserve wallet features are
Some of the FAQ regarding Independent Reserve Exchange
The verification process for Independent Reserve is typical for cryptocurrency exchanges in that you will be prompted to upload photos of identification documents. Depending on your location, verification will often be instant once your documentation has been uploaded.
While Independent Reserve is yet to develop a mobile app, they have the platform optimised for mobile. Optimising a site for mobile encompasses various aspects such as site design, structure of the page, page load speed, and more so visitors can access and navigate the platform with ease.
Yes, IR offer 2FA. Every trading account at Independent Reserve allows 2FA to be enabled.
Australia, Austria, Belgium, Canada, Cayman Islands, Czech Republic, Denmark, Finland, France, Germany, Greenland, Hong Kong, Hungary, Iceland, Ireland, Isle Of Man, Italy, Japan, Korea, Republic Of Liechtenstein, Luxembourg, Macao, Monaco, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, United Kingdom
Independent Reserve offers a help section and has a support section where users can contact the Independent Reserve customer service team.
Yes.Funds may be transferred in AUD/USD/NZD, to bank accounts held in supported countries, providing the account name matches that of your Independent Reserve account. IR are unable to transfer funds to a bank account that is held in another person or entity’s name.
If you’re looking for an exchange that takes the security of your digital assets seriously, then you can be sure your funds will be safe with Independent Reserve.
Independent Reserve take the security of your digital assets very seriously. They are continuously working to enhance the extensive security measures they already have in place today.
The security measures they have in place cover the integrity and continuity of the Independent Reserve services, access controls to your trading account and the digital assets they hold on your behalf in their digital wallets.
They pride themselves on their dedication to securing your trading accounts and your digital assets. They constantly seek to improve their security and processes to ensure you can trade with confidence now and into the future.
Bitcoin, Ripple, Ether, EOS, Bitcoin Cash, Litecoin, Stellar Lumens, Basic Attention Token, OmiseGO, Augur, 0x, Golem and PlayChip
