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EasyCryptoAU review: is it safe or a scam? (04.2024)

EasyCryptoAU user interface: the home page in English

What do we know about EasyCryptoAU? According to the data we possess, it appears to be a quite reputable, quite respectable, well established, promising exchange service. It's a e-wallet successfully operating for about 5 years and 9 months. EasyCryptoAU supports 1 cryptocurrency and only 1 fiat currency. Buying and selling crypto is possible with 1 payment systems and banks. EasyCryptoAU operator is regulated, licensed financial company fully compliant with the local and international regulation, etc.

Just one national currency is supported; the choice of banks and payment systems connected should satisfy most of the users' need. We'll try to assess the fees you normally spend at this e-wallet by calculating an average fee from a set of all commissions the service charges and comparing it to the competition. 0% EasyCryptoAU asks on average is a low fee: 0.0%. In accordance with our statistical research, 100% exchanges take higher average fee. Like any other e-wallet, EasyCryptoAU has limits for purchases and withdrawals: from $31.67 to $63,339; the limit varies for different payment methods. These are a really high purchase limits we must say; whilst compared to 100% of the exchange platforms allow higher order limits. Clients from 1 country are welcome here, regrettably, registrations from United States where you are located are currently not allowed, but there are good alternatives! Due to regulatory restrictions, US citizens and residents are not served by the exchange. Unfortunately we couldn't yet collect enough data about the order processing speed from the actual customers, although according to the information from the exchange itself, order processing is automated and should be instant. You will be required to verify your identity (ID Verification, Selfie are commonly requested) to be approved doing buy and sell operations here.

Starting from 2018, easycrypto.com.au is trying its best to earn the trust from the community. Despite that, our users hasn't yet rated or reviewed e-wallet. Have you ever used the EasyCryptoAU? If you did, please spend a minute to leave your valuable feedback, we really appreciate it and put our trust on you. Thanks! Despite the fact hadn't yet collected enough data to list these guys among the rest of the approved exchange services (more information below) and therefore can't yet assign the rating to this e-wallet, we can propose a preliminary evaluation: 100/100. Looks impressive!

So, what's our opinion so far? Based on the information we currently hold, EasyCryptoAU should be a fairly legitimate and most likely, very safe site to buy or sell Bitcoins; an auspicious service with a remarkable reputation on the market, the one we are hopeful and optimistic about! Let's appraise everything in details...

Overview: is EasyCryptoAU safe?

EasyCryptoAU operates as the e-wallet. EC Systems Pty Ltd (dba EasyCryptoAU) started doing business back in July 2018. The main office is located in Queensland, Australia. Official EasyCryptoAU address is Mango Hill. The firm is a licensed financial service provider, regulated by the AUSTRAC; it obtained the Currency exchange license.

EasyCryptoAU was founded by Alan & Janine Grainger. EasyCryptoAU CEO is Andrew Butler.

EasyCrypto is a registered Digital Currency Exchange with license number DCE100581366-001.

So what we'll decide, how safe is EasyCryptoAU?

EasyCryptoAU wasn't rated yet. What does it mean, is it secure to use this e-wallet? Despite easycryptoau isn't yet fully listed and has no rating @ ExchangeRates.Pro, it doesn't mean it's a scam website , is a bad e-wallet, whatever. We are very careful with new additions to our listing and (among all other procedures) postpone the decision until we receive at least a few reports from real users that we can verify.

This make take rather a long time; we already have 37 well-examined websites in our listing, nevertheless, we never rush to add more. With 10,116 ways to buy and sell BTC worldwide, including 34 local ones for United States, why urge? For now, we can already state that although it's a bit early to make conclusions, EasyCryptoAU most likely will be included in our approved services list (if we don't receive any negative reviews of course). Let's keep an eye on it! 100/100, the proposed rating for the easycrypto.com.au so far says that it should be safe enough to do business here as we trust. Now let's break down our assumed rating for EASYCRYPTOAU, how it was calculated:

Time in the business: 5 years 9 months
Feedback count: 0
Business model: licensed, fully compliant

Altogether, the preliminary rating for EasyCryptoAU is 100 / 100

Research: best alternative to EasyCryptoAU

By reason of we can't (yet?) endorse the easycrypto.com.au, you may feel safer choosing the website we've already appraised and checked in full. Therefore we took the liberty to research the market and suggest a viable, well-known, 100% trusted alternative exchange platform. How we did it? Let's explain! Makes sense to start from figuring out what exactly we are looking for:

A glance at the service specifics confirms that EasyCryptoAU employs the business model of a e-wallet; EC Systems Pty Ltd (dba EasyCryptoAU) started the business in July 2018. An entity is in the business for 5 years and 9 months and gained some popularity on the market. The company bases in the Australia with the headquarters located in Queensland. The firm is the licensed MSB, regulated by the AUSTRAC; it possesses the Currency exchange license.

EasyCryptoAU was founded by Alan & Janine Grainger. EasyCryptoAU CEO is Andrew Butler. Please note that it's just a super-small snapshot of what we've discovered, details about the business model are available in the "what we already know about easycryptoau" section. Considering all the abovementioned, we were looking for another e-wallet allowing registrations from United States with a flawless reputation and the best rating and found a perfect match: Coinbase! Let's figure out what makes it the safest choice:

Coinbase user interface: the home page in English

COINBASE is also a e-wallet; Coinbase, Inc. (dba Coinbase) had started doing the business in June 2012. The legal entity is established in the United States and the principal office is located in the San Francisco. Registration address of Coinbase is 548 Market St #23008 San Francisco, CA 94104. The firm is a licensed Money Service Business, regulated by the FinCEN; operating under the Money Transmission license. FINCEN registration number 31000159729658. It is a really trusted, surely a respectable, well established, interesting exchange platform (e-wallet) that supports 21 cryptocurrencies and tokens: you can buy and sell crypto using 6 national currencies (8 payment systems and banks are supported). Besides the crypto-exchange, coinbase.com also provides other crypto-related services, for example, ATM Cards, Merchant Services, Staking, MasterNodes, etc. (passive income opportunity). And it event offers some gifts to the clients! This is what we value the most about this great exchange service:

  • It is a respectable financial company; the firm holds required license(s) and is fully compliant with the regulation
  • The exchange runs the business for a long time; project was started 11 years and 10 months ago
  • The platform supports 21 cryptocurrencies and 6 fiat ones (totally 8 payment systems / banks are available). Apart from buying, selling and exchanging cryptocurrencies, there are other services available: ATM Cards, Merchant Services and Staking, MasterNodes, etc. (passive income opportunity)
  • The limits for purchases and withdrawals are high; at the same time, you may exchange a really small amounts, if you need to: from $2.00 to $5,000 USD, the exact limit depends on what payment system you choose to pay or get paid to
  • Platform gifts the free money to customers if the certain conditions are met!
  • Clients' testimonials are really good, 100% (25 out of 25) wrote about the positive experience doing business with Coinbase. According to the feedback we got from the actual users:
    • Deposits and withdrawals are really instant
    • Verification process is not so fast

So, let's conclude: the best alternative to EasyCryptoAU is

Coinbase, a perfectly safe and trusted e-wallet, rated 100/100. Such score is really, really hard to get, only very exchange services managed to get such a high rating! Let's break down how the coinbase.com exchange could get such a scoring.
Time in the business: 11 years 10 months
Feedback count: 25
Reviews: 24 positive, 0 negative, 1 neutral
Business model: licensed, fully compliant
Order Speed: instant
Support Quality: unknown
Verification Speed: slow (few days)
UI Usability: perfect

Overall scoring for Coinbase: 100 / 100

EasyCryptoAU fees, limits, verification, etc.

Even though we still consider if we should add EASYCRYPTOAU to the list of approved exchange platforms and are in process of gathering and evaluating the information, we've already collected some data worth sharing. The business appears like a pretty stable and reliable e-wallet running almost flawlessly from Jul 2018. The operator of EasyCryptoAU is a regulated entity, a financial company holding all the licenses and permissions required by the law; it's fully compliant with the regulation in Australia.

EasyCryptoAU is a wallet provider, a custodian; the aim of such a service is to store the customers' funds online. Such platforms/apps usually are much more convenient and have more features than typical hardware and software wallets, but trusting a third party to guard your funds involves certain risks. Though we must say that easycrypto.com.au seems a very trustworthy custodian!

Fees @ EasyCryptoAU

Let's break down the fees that e-wallet charges for various exchange operations; although if you are in a hurry, feel free to skip everything but the conclusion are the EASYCRYPTOAU fees high or low?

  1. Fees for Deposits and Withdrawals. Determined by the fiat currency and a banking or payment system, it is:
    • Commission you pay for withdrawing the funds to Any Local Bank in Australian Dollar: 0%
    • 0% to deposit the money by Any Local Bank in Australian Dollar.
  2. The fee to withdraw crypto or token. Please be aware that the fee is applicable only when you transfer the crypto out of the platform's internal wallet: payment to the third party, whatever.
    • 0 BTC: amazing news! no such a fee right now!

Are EasyCryptoAU fees expensive or cheap?

Shall we make out a judgement call? Analyzing the average fee that website asks for orders we came to an outcome that EasyCryptoAU charges a very small fees! In line with our market research, the major part of competing websites charge significantly more than EasyCryptoAU offers!

EASYCRYPTOAU limits

The limits for "buy" and "sell" crypto trades depend on the currencies and payment systems (see below)

  1. Purchasing limits, cases when you are buying crypto.
    • AUD 50 minimum purchase and AUD 100,000 max. buy with Any Local Bank in Australian Dollar.
  2. Withdrawal limits: operations like you are out-exchanging crypto, selling it to the fiat money.
    • from AUD 50 up to AUD 100,000 for funds arriving to Any Local Bank in Australian Dollar.

And the bright side: there are no limitations for all other payment systems (the min/max amount restrictions the payment system sets itself aside) EasyCryptoAU cooperates with! Comparing to the market, EasyCryptoAU has one of biggest limits to buy and sell standing out of the competition!

EasyCryptoAU account verification

The e-wallet demands the clients to verify their identities in process of an account verification. Being a financial institution, EC Systems Pty Ltd has certain obligations to the regulatory bodies and won't be allowed to operate without complying to the AML and CTF framework. The following identification procedures are required to complete before the user will be able to buy and sell using fiat money:

  • ID verification: submitting a passport, national ID, etc.
  • Selfie with ID: taking a photo of you holding an ID document in hands (your name(s) and other information should be readable) and ordinarily another piece of paper with today's date and easycrypto.com.au signed by you.

There is also "Tier 2" verification (enhanced verification where you should explain your sources of income, etc.) for persons willing to trade amounts higher than $25,000.

As for the estimation how long does it takes to verify an account at EasyCryptoAU on average: we must apologize, our platform still haven't collected enough feedback from the real users of a e-wallet. By any chance, if you know how fast easycrypto.com.au is with an account verification, kindly let us know too. We really appreciate your commitment!

Supported countries

The website allows the user registrations from 1 countries. The following countries and territories are in the supported list:

  • Australia (AU)

Does EasyCryptoAU allow the users from United States (US)?

USA flag

It's a shame, but EasyCryptoAU still can't carry on any operations with the citizens or residents of the United States. The reasons behind are the complications with obtaining the required permissions and licenses and/or the complexity of the regulation, etc. Even so, please don't get stressed out, we could encounter several sites worth checking, including the services of e-wallet type particularly. All of those welcome the American people! Some examples:

Customers' testimonials

please let us know how do you like EasyCryptoAU?

We still hadn't received any reviews of easycrypto.com.au we could verify. We'd love to know what our valued visitors think of this website; based on that we'll decide should we approve the e-wallet or not. If you've already tried this service or know someone who did we are counting on you! What do you think about this exchange? Please share your experience, your thoughts... even just a few words testimonial is a great help!

FAQ about EasyCryptoAU

Does EasyCryptoAU holds my funds?

Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" EasyCryptoAU holds your balance at it's own hot storage wallet. That's something all e-wallet providers do; it's their main purpose, after all!

Is EasyCryptoAU a good e-wallet?

Seems EasyCryptoAU is a very good e-wallet! We can say so based on the score the exchange got at our platform. The details are explained in this review and we break down a score in the overview section.

Is EasyCryptoAU licensed? Does it hold e-money license?

Yes, EC Systems Pty Ltd (entity doing business as EasyCryptoAU exchange) is licenced and regulated financial company. It holds Currency exchange license and is regulated by the AUSTRAC of the Australia.

Is EasyCryptoAU a ripoff?

EasyCryptoAU is certainly not a rip-off; our analysis confirms that it's a trustworthy exchange. Read more in our conclusion: is EasyCryptoAU a legit exchange or scam

is EasyCryptoAU a legit exchange?

It is! According to the data we possess, EasyCryptoAU is a legitimate, trustworthy service. Our proposed rating score is 100 | 100, feel free to read more about what does it means and how the scoring is calculated.

Can I trust EasyCryptoAU with my money?

EasyCryptoAU seems very trustworthy and is trusted by the community, "5 stars" rating our platform proposes for the e-wallet requires years of successful operations and much more, read why we preliminary assess the 100/100 result for the exchange. As far as we know, the community trusts e-wallet almost blindly, so you likely won't regret believing them. And remember, whatever service you use, it never hurts to test it with a smaller amount first!

Is EasyCryptoAU instant?

It is! Operations of buying and selling cryptos are normally realized at EasyCryptoAU automatically, without any delays.

EasyCryptoAU vs other exchanges

In case you prefer to deal with a e-wallet that was already fully checked and rated by our reviewers, algorithms, and the actual clientele, we took the liberty to compile a list of alternative sites you may use instead of EasyCryptoAU. There are similar exchanges providing more or less the same services; let's see what else is available right away and compare it to the reviewed business! Besides, we found platforms having similar rating that are popular in United States particularly and North America in general. And by the way, if you are eager to pick an exchange basing on a rate and fees mostly, our price comparison platform always finds the most reasonable exchange rates in United States!

EasyCryptoAU vs CEX

A comparison of the key features and the principal facts about CEX versus EasyCryptoAU; just take a glance to decide if CEX will be the optimal choice for you or at least if it's worth checking our full study:

  • CEX is a trading platform The way easycrypto.com.au website functions fits the e-wallet format, it's also an exchange, but has slightly different business model (feel free to read details about the difference between trading platform and e-wallet)
  • CEX had launched the service July 2014 EasyCryptoAU started the project July 2018 (CEX is operating for 4 years and 0 months longer).
  • CEX has all the business licenses and permissions, required by law EasyCryptoAU obtained all the required permissions, got licensed, etc. (both websites follow the same corporate model, almost an identical approach to the operational and legal matters, etc.).
  • Other than providing the services of buying, selling and exchanging cryptocurrency, CEX provides some other exchange-related / financial services: Lending, Margin Trading, Faucets (small amounts of cryptos for free) and the Staking, MasterNodes, etc. (passive income opportunity) EasyCryptoAU arranges less services associated with the crypto exchange operations: simplifies the buying and selling cryptos & tokens.
  • CEX supports 33 cryptocurrencies EasyCryptoAU is offering to exchange only one crypto (EasyCryptoAU supports 32 fewer cryptocurrencies).
  • 3 fiat currencies are available for buy- sell- operations at CEX You may choose from 1 fiat currency converting it to digital form on EasyCryptoAU (EasyCryptoAU backs 2 fiat currencies less).
  • CEX accepts the deposits from and allows fund to be withdrawn to 8 banks and (fiat) payment systems EasyCryptoAU presents a choice of 1 various fiat payment systems and/or banks (EasyCryptoAU has integrated with 7 banks and/or payment systems less).
  • The fees CEX charges: 0.3% — 3.99% EasyCryptoAU takes 0.0% commission, depending on the exchange direction, payment system, etc. (EasyCryptoAU has generally cheaper fees).
  • The purchase limits at CEX are starting from $20.00 up to $10,000 The limits for deposit and withdrawal orders at the EasyCryptoAU are $31.67 — $63,339 depending on the specific payment method, etc. (EasyCryptoAU has lower buy & sell limits).
  • CEX allows users' registrations from 224 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the EasyCryptoAU being a resident of any of 1 countries; but users from United States are not allowed, sorry (EasyCryptoAU green-lights some less countries).
  • When the client needs to pass through the KYC process at CEX, they usually ask to provide 3 documents and / or specific procedures: ID or Passport Verification, Phone Number Confirmation (SMS or a call), Selfie with ID in hands. In most of the cases, it takes about a day or two, as per the actual clientele survey results The process of Customer Identification at EasyCryptoAU typically involves 2 individual procedures: the ID Verification, the Selfie with documents in hands. (EasyCryptoAU's AML Program and KYC Policies routinely demand less personal data from the customers therefore you'd spend shorter time on the verification).

So, is CEX a better alternative to EasyCryptoAU? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. EasyCryptoAU & CEX alike are sharing the same score: 100 (out of 100). Therefore both together should be of the matching quality. Nevertheless, we'd like to recommend CEX simply because we know it better!

Like reading? In fact, there are more exchanges worth comparing to EasyCryptoAU, such as:

EasyCryptoAU vs EXMO

A comparison of the key features and the principal facts about EXMO versus EasyCryptoAU; just take a glance to decide if EXMO will be the optimal choice for you or at least if it's worth checking our full study:

  • EXMO is a trading platform The way easycrypto.com.au website functions fits the e-wallet format, it's also an exchange, but has slightly different business model (feel free to read details about the difference between trading platform and e-wallet)
  • EXMO had launched the service May 2013 EasyCryptoAU started the project July 2018 (EXMO is operating for 5 years and 2 months longer).
  • EXMO has all the business licenses and permissions, required by law EasyCryptoAU obtained all the required permissions, got licensed, etc. (both websites follow the same corporate model, almost an identical approach to the operational and legal matters, etc.).
  • Other than providing the services of buying, selling and exchanging cryptocurrency, EXMO provides some other exchange-related / financial services: Cash codes, OTC trading and the Margin Trading EasyCryptoAU arranges less services associated with the crypto exchange operations: simplifies the buying and selling cryptos & tokens.
  • EXMO supports 24 cryptocurrencies EasyCryptoAU is offering to exchange only one crypto (EasyCryptoAU supports 23 fewer cryptocurrencies).
  • 5 fiat currencies are available for buy- sell- operations at EXMO You may choose from 1 fiat currency converting it to digital form on EasyCryptoAU (EasyCryptoAU backs 4 fiat currencies less).
  • EXMO accepts the deposits from and allows fund to be withdrawn to 9 banks and (fiat) payment systems EasyCryptoAU presents a choice of 1 various fiat payment systems and/or banks (EasyCryptoAU has integrated with 8 banks and/or payment systems less).
  • The fees EXMO charges: 0.15% — 5.95% EasyCryptoAU takes 0.0% commission, depending on the exchange direction, payment system, etc. (EasyCryptoAU has generally cheaper fees).
  • The purchase limits at EXMO are starting from $1.00 up to $20,000 The limits for deposit and withdrawal orders at the EasyCryptoAU are $31.67 — $63,339 depending on the specific payment method, etc. (EasyCryptoAU has lower buy & sell limits).
  • EXMO allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the EasyCryptoAU being a resident of any of 1 countries; but users from United States are not allowed, sorry (EasyCryptoAU green-lights some less countries).
  • When the client needs to pass through the KYC process at EXMO, they usually ask to provide 3 documents and / or specific procedures: ID or Passport Verification, current Address Confirmation (utility bill, bank or credit card statement, etc.), Selfie with ID in hands. In most of the cases, it takes about a day or two, as per the actual clientele survey results The process of Customer Identification at EasyCryptoAU typically involves 2 individual procedures: the ID Verification, the Selfie with documents in hands. (EasyCryptoAU may look slightly less attractive considering verification requirements for any trade, unalike EXMO, there are no exceptions).

So, is EXMO a better alternative to EasyCryptoAU? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. EasyCryptoAU & EXMO alike are sharing the same score: 100 (out of 100). Therefore both together should be of the matching quality. Nevertheless, we'd like to recommend EXMO simply because we know it better!

Like reading? In fact, there are more exchanges worth comparing to EasyCryptoAU, such as:

EasyCryptoAU vs TransCoin

A comparison of the key features and the principal facts about TRANSCOIN versus EasyCryptoAU; just take a glance to decide if TransCoin will be the optimal choice for you or at least if it's worth checking our full study:

  • TransCoin is a broker The way easycrypto.com.au website functions fits the e-wallet format, it's also an exchange, but has slightly different business model (feel free to read details about the difference between broker and e-wallet)
  • TransCoin had launched the service May 2018 EasyCryptoAU started the project July 2018 (TransCoin is operating for 1 months longer).
  • TransCoin has all the business licenses and permissions, required by law EasyCryptoAU obtained all the required permissions, got licensed, etc. (both websites follow the same corporate model, almost an identical approach to the operational and legal matters, etc.).
  • Besides the service of digital currency exchange, TransCoin provides no other services EasyCryptoAU allows a few more related services: simplifies the buying and selling cryptos & tokens.
  • TransCoin supports 1 cryptocurrencies EasyCryptoAU is offering to exchange only one crypto (EasyCryptoAU & TransCoin count the same number of electronic currencys).
  • TransCoin allows users' registrations from 255 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the EasyCryptoAU being a resident of any of 1 countries; but users from United States are not allowed, sorry (EasyCryptoAU green-lights some less countries).
  • When the client needs to pass through the KYC process at TransCoin, they usually ask to provide some (it depends on various factors) documents and / or specific procedures The process of Customer Identification at EasyCryptoAU typically involves 2 individual procedures: the ID Verification, the Selfie with documents in hands. (EasyCryptoAU would likely require you spending more time and efforts to verify your account).

So, is TransCoin a better alternative to EasyCryptoAU? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. EasyCryptoAU & TransCoin alike are sharing the same score: 100 (out of 100). Therefore both together should be of the matching quality. Nevertheless, we'd like to recommend TransCoin simply because we know it better!

Like reading? In fact, there are more exchanges worth comparing to EasyCryptoAU, such as:

EasyCryptoAU vs Kraken

A comparison of the key features and the principal facts about KRAKEN versus EasyCryptoAU; just take a glance to decide if Kraken will be the optimal choice for you or at least if it's worth checking our full study:

  • Kraken is a trading platform The way easycrypto.com.au website functions fits the e-wallet format, it's also an exchange, but has slightly different business model (feel free to read details about the difference between trading platform and e-wallet)
  • Kraken had launched the service July 2011 EasyCryptoAU started the project July 2018 (Kraken is operating for 6 years and 11 months longer).
  • Kraken has all the business licenses and permissions, required by law EasyCryptoAU obtained all the required permissions, got licensed, etc. (both websites follow the same corporate model, almost an identical approach to the operational and legal matters, etc.).
  • Other than providing the services of buying, selling and exchanging cryptocurrency, Kraken provides some other exchange-related / financial services: Mobile wallet, OTC trading, Margin Trading, Futures Trading and the Staking, MasterNodes, etc. (passive income opportunity) EasyCryptoAU arranges less services associated with the crypto exchange operations: simplifies the buying and selling cryptos & tokens.
  • Kraken supports 35 cryptocurrencies EasyCryptoAU is offering to exchange only one crypto (EasyCryptoAU supports 34 fewer cryptocurrencies).
  • 7 fiat currencies are available for buy- sell- operations at Kraken You may choose from 1 fiat currency converting it to digital form on EasyCryptoAU (EasyCryptoAU backs 6 fiat currencies less).
  • Kraken accepts the deposits from and allows fund to be withdrawn to 10 banks and (fiat) payment systems EasyCryptoAU presents a choice of 1 various fiat payment systems and/or banks (EasyCryptoAU has integrated with 9 banks and/or payment systems less).
  • The fees Kraken charges: 0.25% — 3.75% EasyCryptoAU takes 0.0% commission, depending on the exchange direction, payment system, etc. (EasyCryptoAU has generally cheaper fees).
  • The purchase limits at Kraken are starting from $14.58 up to $365 The limits for deposit and withdrawal orders at the EasyCryptoAU are $31.67 — $63,339 depending on the specific payment method, etc. (EasyCryptoAU has lower buy & sell limits).
  • Kraken allows users' registrations from 234 countries; and we are glad to say that the people from United States are welcome You are permitted to register at the EasyCryptoAU being a resident of any of 1 countries; but users from United States are not allowed, sorry (EasyCryptoAU green-lights some less countries).
  • When the client needs to pass through the KYC process at Kraken, they usually ask to provide 2 documents and / or specific procedures: ID or Passport Verification, current Address Confirmation (utility bill, bank or credit card statement, etc.). In most of the cases, it takes about a day or two, as per the actual clientele survey results The process of Customer Identification at EasyCryptoAU typically involves 2 individual procedures: the ID Verification, the Selfie with documents in hands. (EasyCryptoAU & Kraken alike abide by the roughly analogous KYC policies requiring a user to complete almost identical stages during the verification).

So, is Kraken a better alternative to EasyCryptoAU? Such a conclusion by any means can't be drawn by us instead of you, but we'll try to assist with the matter. EasyCryptoAU & Kraken alike are sharing the same score: 100 (out of 100). Therefore both together should be of the matching quality. Nevertheless, we'd like to recommend Kraken simply because we know it better!

Like reading? In fact, there are more exchanges worth comparing to EasyCryptoAU, such as:

Conclusion: is EasyCryptoAU legit or scam?

Seems it's time to finalize the report, to make a judgment call. Is EasyCryptoAU a scam or is it a legitimate exchange? How secure the easycrypto.com.au website is? Can you trust EasyCryptoAU with your money? And (in our case) the most frequently asked question: Why the e-wallet is not yet ranked at ExchangeRates.Pro? Let's start by answering the last question and, you'll see, the replies to the rest will follow. Can't wait? Help yourself jumping to the final verdict!

Why we hadn't yet ranked and fully listed EASYCRYPTOAU and what does it mean?

The routine for adding a new exchange to ExchangeRates.Pro listing is rather a long process and it depends on few factors we don't control directly. Our approach to the process is «better be safe than sorry»; we already have 37 well-tested platforms providing similar to EasyCryptoAU functionality. 22 different exchange websites of e-wallet type are among those and additionally, there are 4 peer-to-peer marketplaces. 10,116 exchange offers are available right away; these cover almost all the payment systems and local banks available in United States and North America for buying and selling BTC, cryptos, and tokens with , US Dollars, EURos, whatever. Hence, we never hurry to add more websites until we are 100% sure we did everything we could to verify the data and test every service well ourselves. It takes time. Moreover, there are two circumstances that are out of our direct control:

  1. All the exchange services, particularly the e-wallet type ones are staying in the "pending approval" state until we collect at least a few reviews from the genuine customers, the ones we can actually verify. In addition, we monitor the clients' testimonials at the trusted review platforms, social networks, etc., and postpone the approval until we find enough evidence that the e-wallet has no unresolved complaints and there are enough convincing users recommendations.
  2. We receive the new applications daily. It consumes a lot of time to check each and every one; there's a large queue and we have to be selective when choosing which applications to process first.

Exceptions from these two rules may happen only in very rare extraordinary cases. As you can see, we move forward with listing new exchanges slowly, but as a consequence, only the best e-wallets are getting approved. Although we can't endorse EasyCryptoAU and hadn't rated it (in full) yet, we believe that it should get approval if we won't receive any complaints.

So is EasyCryptoAU a legit exchange or a fraud?

EasyCryptoAU's profile really impresses! The scores look just like the ones for proven industry leaders, the service is provided by a licensed and regulated financial company, we are fascinated! Should we add that it's definitely not a scam? We consider this e-wallet to be listed among approved websites soon and can recommend you try it yourself; you shouldn't be disappointed! And please, don't forget to post a testimonial after your exchange will be completed.

Suggested rating for EasyCryptoAU: 100 / 100

Alternative solution: how to find the best rate to exchange BTC & crypto in United States and North America

There is another way of finding the most worthy alternative to EasyCryptoAU that will work best for you. What if instead of opposing the features of various exchanges we'll compare the terms of the specific offerings that all the marketplaces, brokers, dealers, and even individual exchangers provide? That's exactly what our platform does! We assist you in choosing the most appropriate deal considering:

  • The fees and rates provided at the moment by 1 exchange websites of a "e-wallet" type and 10,116 other offers.
  • BTC/ exchange rate at those or BTC/USD, etc; the availability of service for the residents of United States (and the support).
  • Which local banks & payment systems out of 154 serving US are the fastest, most convenient and cost-efficient personally for you.
  • Amount you need to swap: say, the conditions for exchanging 1.01 will be significantly different from the terms of $64,306.0 conversion.
  • And of course, you see the rating, users reviews (up-to-date 529 real clients testimonials), etc. for all the offers available!
Buying and Selling BTC in United States

Our platform could find 34 offers to buy, sell, exchange BTC available to users from United States, and 29 of these are for the US Dollar currency. There are totally 27 exchange services supporting US. Some of those are providing the access to USD|BTC market, including such types as e-wallet, P2P Marketplace, Trading Platform, etc. 5 exchanges has active offers for these currencies right now; you can buy/sell using 17 local and international payment systems & banks! The local dealers and exchanges are mentioning the support of 15 local banking institutions and the payment systems. According to the latest data we have, the lowest fee to purchase BTC with USD locally is available for Etana, that's a local payment system. The most popular domestic options for purchasing BTC @ US:

Our software couldn't get an access to the data what's available at easycrypto.com.au for the clients from United States, however we are sure that you'll find a worthy alternative on one of 36 exchange websites we compare the rates at! Check out what the local dealers and platforms are offering: currently there are 15 domestic banks supported. Besides, you may find something interesting browsing 10,116 offers available with 17 ways to pay internationally, either to neighboring countries in North America or to any other part of the world.