Any Australian buyers out there......
So it seems bitcoin is becoming strictly regulated by Australian authorities but I suppose this was expected sooner or later.
A few months ago I could walk into a bank branch, make an anonymous deposit and my coins would be in my wallet within an hour or two.
That exchange has now been closed.
So i moved on to another exchange that requires a proper registration, ID verification etc but no worries. Went through with that because I had to.
That same exchange has since ceased over the counter bank deposits and now I have to wire money from my bank account which has delayed the process by 24 hours at least.
It has now been 26 hours since I wired the money and the status of my order is still "processing". The f**kers aren't replying to emails and their phone number goes to a recording.
I checked their Facebook page and there are quite a few pissed off customers. People experiencing pathetic customer service like I have today and yesterday.
I read a few weeks ago that there were something like 13 exchanges in Australia and now there are only 3. Don't quote me on these numbers though.
What used to take about 2 hours is now taking 2 days which is far too long.
What's everyone else doing? Can anyone recommend any good exchanges that don't screw their customers around?
TB