What are blockchain assets?
What is BTC Markets?
BTC Markets is an Australian marketplace for buyers and sellers to exchange blockchain assets. We are 100% privately Australian owned and all staff are based in Australia. You're trading with other users of this site. The price you buy or sell at is up to you. The price is influenced by the demand and supply from buyers and sellers on this exchange. The current price shown is the last price a buyer and a seller agreed to exchange at.
Do you allow VPNs?
We do not specifically disallow the use of VPNs; however, the use of a VPN can cause delays in our identity verification systems as well as the processing of deposits and withdrawals. Due to these potential issues, we recommend not using a VPN while accessing your BTC Markets account.
Does BTC Markets buy and sell blockchain assets from other exchanges?
No. We only provide a service for our users to safely trade with one another. Our blockchain assets are sourced by deposits from our users.
Do I need my own wallet?
We offer a managed service, so once you have bought blockchain assets you may send, receive and store your assets on our exchange. We always recommend that our users manage their own funds and withdraw to a personal wallet after purchase. There are many third-party wallets to choose from and as such, we recommend you read up on how best to manage your blockchain wallets.
Can I use this site to assist with the paying of ransomware?
No. The use of our services for the purpose of payment to ransomware is strictly forbidden and is against our terms of service. Any users found to be using our services for such purpose will have their account terminated.
Can I use this site to engage in illegal activities?
No. The use of our services to engage in any illegal activities is strictly forbidden and is against our terms of service. Any users found to be using our services for such purposes will have their account terminated.