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EasyCryptoAU review & testimonials (updated 11.2019)

EasyCryptoAU user interface: the home page in English

What is EasyCryptoAU in a nutshell? It's recently added to our monitoring, respectable, promising exchange service (e-wallet) supporting 20 cryptocurrencies: you can buy and sell coins using 1 fiat currency (1 banks & payment systems are supported). Exchange service started the business Jul 2018, it's a fully compliant, licensed financial company.

The exchange charges low fees: 0.0% (according to our statistics, 100% exchanges take higher average fee) and has the high purchase limits available: $34 — $67,838 (although, in accordance with the statistics we've collected, 100% exchanges have higher order limits). This e-wallet welcomes customers from 1 country (unfortunately, your country: United States is not supported at the moment; 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 customers of EasyCryptoAU, although according to the information from the exchange itself, order processing is automated and should be instant. You will have to verify your account (ID Verification, Selfie should be normally required) before being able to use the service.

Since 2018, EasyCryptoAU is working hard to get great testimonials from the users. Although, since this e-wallet was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with EasyCryptoAU, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: EasyCryptoAU is a legit, but promising, although not yet reviewed much by our visitors place to buy and sell cryptocurrencies, an interesting exchange that we believe will get some nice feedback soon!

Overview: is EasyCryptoAU safe?

EasyCryptoAU is the e-wallet; EC Systems Pty Ltd (dba EasyCryptoAU) started the business in July 2018. The company is based in the Australia with the headquarters located in the Queensland. Official EasyCryptoAU address is Mango Hill. The firm is a licensed MSB, regulated by the AUSTRAC; it holds 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.

Answering the question how safe is EasyCryptoAU:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this e-wallet (please continue reading), but our policies require to collect more testimonials from the users of EasyCryptoAU to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 1 year 4 months
Business model: licensed, fully compliant

Overall rating for EasyCryptoAU: N/A

Pros & Cons of EasyCryptoAU

Although EasyCryptoAU is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • Fully compliant and regulated business, service provided by licensed financial company, although it stated operations rather recently, from 07/2018.
  • High purchase and withdrawal limits.
  • If you don't yet decide where to store your coins, you can leave it here.
  • E-wallet business model is based on holding the clients funds at the online wallet; such approach has some risks.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at EasyCryptoAU! Try EasyCryptoAU today and let us know how you like it!

Services, EasyCryptoAU Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency

As we can see, EasyCryptoAU doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

EasyCryptoAU provides the service of buying and selling 20 digital currencies using fiat currencies. The following cryptocurrencies are available to buy/sell: Cardano (ADA), Bitcoin Cash (BCHABC), Binance Coin (BNB), Bitcoin (BTC), Dash (DASH), EOS (EOS), Ether Classic (ETC), Ether (ETH), ICON (ICX), Komodo (KMD), Lisk (LSK), Litecoin (LTC), NEO (NEO), OmiseGO (OMG), Waves (WAVES), NEM (XEM), Stellar (XLM), Monero (XMR), Ripple (XRP), Verge (XVG).

There are not much exchanges with so many cryptos supported! If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Top 4 cryptocurrencies with smart contracts to buy in 2019.

1 fiat currencies are supported to provide crypto purchase and selling: Australian Dollar (AUD). The e-wallet will let you buy and sell Bitcoins and 19 other cryptos using the following payment systems:

  • Any Local Bank. An universal payment method, allowing payments from/to all the banks in various currencies. EasyCryptoAU has options to use local bank transfers in the Australia. Just the AUD payments are available for both buying and selling cryptocurrencies at this exchange. Any Local Bank is a popular way to buy BTC and other cryptocurrencies available at 99 exchanges of various types. You are welcome to find the best rate for buying bitcoin with any local bank at our home page!

EasyCryptoAU fees

The fees you need to pay at this e-wallet during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Deposit/withdrawal fee. Depending on the fiat payment system and currency, it's as follows:
    • 0% for the money withdrawal to Any Local Bank in Australian Dollar.
    • 0% to deposit funds by Any Local Bank in Australian Dollar.
  2. Cryptocurrency withdrawal fee. Please note that this fee applies only when you transfer the crypto out of this wallet: to the third party, etc.
    • 0 BTC: great news! at the moment there is no such a fee!

Are EasyCryptoAU fees high or low?

Now it's time to draw a conclusion: EasyCryptoAU takes very low fees! According to our statistics, the majority of the competition charge way more than EasyCryptoAU does! For example, an average fee you pay to buy Bitcoin with Any Local Bank in AUD across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 6%, EasyCryptoAU charges 0 AUD for this. Seems fair!

Buying and selling limits

This e-wallet has the following limits, applicable when you buy or sell cryptocurrencies:

  1. Purchase limits (when you buy crypto).
    • AUD 50 minimal buy and AUD 100,000 max purchase when using Any Local Bank in Australian Dollar.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • AUD 50 min and AUD 100,000 maximal withdrawal when receiving money to Any Local Bank in Australian Dollar.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) EasyCryptoAU supports! Comparing to other exchanges, EasyCryptoAU has one of highest buying and selling limits on the whole exchange market!

Supported countries

Platform allows the users from 1 countries to use the exchange. The following countries are supported by the e-wallet:

  • Australia (AU)

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

USA flag

Sorry, but the EasyCryptoAU can't provide the services to the citizens and residents of the United States of America at this time, due to the local regulations and licensing matters, etc. But there are no reasons to get disappointed because of that, there are plenty of great exchanges as well as the ones of e-wallet type, who warmly welcomes the American people! We can recommend you to look at these:

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the EasyCryptoAU? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at EasyCryptoAU

The e-wallet requires it's clients to pass through obligatory user identification (account verification). The following procedures should be completed before the client will be able to buy and sell on the exchange:

  • ID verification
  • Selfie

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.

According to the customers surveys results, the average time to verify an account at EasyCryptoAU is the following:

Sorry, we haven't yet collected enough data. Do you know, how fast EasyCryptoAU does account verification? Kindly let us know, too. Thank you very much!

Deposit/withdrawal speed

EasyCryptoAU processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this e-wallet, let us and the community know about it, please!

Is EasyCryptoAU instant?

So, what can we see? In accordance with the data we know about the e-wallet, orders at EasyCryptoAU should be instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the EasyCryptoAU. Do you have any experience using this e-wallet? If you do, please say a couple of words about it!

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?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

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?

It is not a ripoff, although we have not rated EasyCryptoAU yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is EasyCryptoAU legit or scam.

EasyCryptoAU vs other exchanges

Let's compare EasyCryptoAU to other similar exchange services with similar features: others of e-wallet type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

EasyCryptoAU vs Coinbase

Let's compare the key features of these two platforms to see which one suits you best:

  • Coinbase is a e-wallet EasyCryptoAU is an e-wallet, both are using the same business model.
  • Coinbase had started the business June 2012 EasyCryptoAU started the business July 2018 (Coinbase is working for 6 years and 1 months longer time).
  • Coinbase has all the required business licenses and permissions EasyCryptoAU has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, Coinbase provides the following extra services: ATM Cards and the Merchant Services EasyCryptoAU provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Coinbase supports 11 cryptocurrencies EasyCryptoAU allows to exchange 20 cryptos (EasyCryptoAU supports 9 cryptocurrencies more).
  • 6 fiat currencies are available at Coinbase You'll be able to use 1 fiat currencies to swap with digital ones at EasyCryptoAU (EasyCryptoAU supports 5 fiat currencies less).
  • Coinbase accepts deposits from and allows withdrawals to 4 fiat payment systems / banks EasyCryptoAU allows the user to utilize 1 various fiat payment systems and/or banks (EasyCryptoAU supports 3 banks and fiat payment systems less).
  • Coinbase charges 1.49% — 3.99% fee EasyCryptoAU charges the client 0.0% fee, depending on the currency, payment system, etc. (EasyCryptoAU has lower fees in general).
  • Buying limits at Coinbase start from $2 and are up to $5,000 Deposit/withdraw limits at EasyCryptoAU are $34 — $67,838 depending on the payment method (EasyCryptoAU has lower buying/selling limits).
  • Coinbase allows registrations from 39 countries; United States is among the supported ones You may register at EasyCryptoAU if you reside in one of 1 countries; unfortunately, United States is not among the supported ones (EasyCryptoAU supports less countries).
  • During the account verification Coinbase usually asks for 2 documents and/or procedures: (id verification, phone confirmation) and it takes a day or two in most of the cases User identification at EasyCryptoAU usually consists of 2 different procedures: id verification, selfie (EasyCryptoAU 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 22 testimonials about Coinbase, 95% of which are positive We've collected 1 users testimonials about EasyCryptoAU, 100% are positive (EasyCryptoAU has better testimonials from the clients

Although the final decision, which exchange — Coinbase or EasyCryptoAU — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

EasyCryptoAU vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker EasyCryptoAU is an e-wallet, it has a different business model (feel free to read about the differences between broker and e-wallet)
  • Bitonic had started the business May 2012 EasyCryptoAU started the business July 2018 (Bitonic is working for 6 years and 2 months longer time).
  • Bitonic has all the required business licenses and permissions EasyCryptoAU has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services EasyCryptoAU provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Bitonic supports 1 cryptocurrencies EasyCryptoAU allows to exchange 20 cryptos (EasyCryptoAU supports 19 cryptocurrencies more).
  • 1 fiat currencies are available at Bitonic You'll be able to use 1 fiat currencies to swap with digital ones at EasyCryptoAU (EasyCryptoAU & Bitonic support the same number of fiat currencys).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks EasyCryptoAU allows the user to utilize 1 various fiat payment systems and/or banks (EasyCryptoAU supports 2 banks and fiat payment systems less).
  • Bitonic charges 0.0% fee EasyCryptoAU charges the client 0.0% fee, depending on the currency, payment system, etc. (EasyCryptoAU & Bitonic charge the customer with the equal fee level, more or less).
  • Buying limits at Bitonic start from $1 and are up to $2,756 Deposit/withdraw limits at EasyCryptoAU are $34 — $67,838 depending on the payment method (EasyCryptoAU & Bitonic have more or less the same buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at EasyCryptoAU if you reside in one of 1 countries; unfortunately, United States is not among the supported ones (EasyCryptoAU supports less countries).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at EasyCryptoAU usually consists of 2 different procedures: id verification, selfie (EasyCryptoAU 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 1 users testimonials about EasyCryptoAU, 100% are positive (EasyCryptoAU & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or EasyCryptoAU — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

EasyCryptoAU vs Wirex

Let's compare the key features of these two platforms to see which one suits you best:

  • Wirex is a e-wallet EasyCryptoAU is an e-wallet, both are using the same business model.
  • Wirex had started the business November 2014 EasyCryptoAU started the business July 2018 (Wirex is working for 3 years and 8 months longer time).
  • Wirex has all the required business licenses and permissions EasyCryptoAU has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying, selling and exchanging cryptocurrencies, Wirex provides no extra services EasyCryptoAU provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies.
  • Wirex supports 6 cryptocurrencies EasyCryptoAU allows to exchange 20 cryptos (EasyCryptoAU supports 14 cryptocurrencies more).
  • 3 fiat currencies are available at Wirex You'll be able to use 1 fiat currencies to swap with digital ones at EasyCryptoAU (EasyCryptoAU supports 2 fiat currencies less).
  • Wirex accepts deposits from and allows withdrawals to 4 fiat payment systems / banks EasyCryptoAU allows the user to utilize 1 various fiat payment systems and/or banks (EasyCryptoAU supports 3 banks and fiat payment systems less).
  • Wirex charges 1.0% fee EasyCryptoAU charges the client 0.0% fee, depending on the currency, payment system, etc. (EasyCryptoAU has lower fees in general).
  • Buying limits at Wirex start from $5 and are up to $5,000 Deposit/withdraw limits at EasyCryptoAU are $34 — $67,838 depending on the payment method (EasyCryptoAU has lower buying/selling limits).
  • Wirex allows registrations from 255 countries; United States is among the supported ones You may register at EasyCryptoAU if you reside in one of 1 countries; unfortunately, United States is not among the supported ones (EasyCryptoAU supports less countries).
  • During the account verification Wirex usually asks for 2 documents and/or procedures: (id verification, phone confirmation) User identification at EasyCryptoAU usually consists of 2 different procedures: id verification, selfie (EasyCryptoAU 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 14 testimonials about Wirex, 100% of which are positive We've collected 1 users testimonials about EasyCryptoAU, 100% are positive (EasyCryptoAU & Wirex share the same percentage of positive user reviews).

Although the final decision, which exchange — Wirex or EasyCryptoAU — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

EasyCryptoAU vs BitQuick

Let's compare the key features of these two platforms to see which one suits you best:

  • BitQuick is a p2p marketplace EasyCryptoAU is an e-wallet, it has a different business model (feel free to read about the differences between p2p marketplace and e-wallet)
  • BitQuick had started the business October 2013 EasyCryptoAU started the business July 2018 (BitQuick is working for 4 years and 9 months longer time).
  • BitQuick has all the required business licenses and permissions EasyCryptoAU has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, BitQuick provides no extra services EasyCryptoAU provides the same number of services as BitQuick: it allows us to purchase and sell digital currencies.
  • BitQuick supports 1 cryptocurrencies EasyCryptoAU allows to exchange 20 cryptos (EasyCryptoAU supports 19 cryptocurrencies more).
  • 1 fiat currencies are available at BitQuick You'll be able to use 1 fiat currencies to swap with digital ones at EasyCryptoAU (EasyCryptoAU & BitQuick support the same number of fiat currencys).
  • BitQuick accepts deposits from and allows withdrawals to 15 fiat payment systems / banks EasyCryptoAU allows the user to utilize 1 various fiat payment systems and/or banks (EasyCryptoAU supports 14 banks and fiat payment systems less).
  • BitQuick charges 2.0% fee EasyCryptoAU charges the client 0.0% fee, depending on the currency, payment system, etc. (EasyCryptoAU has lower fees in general).
  • BitQuick allows registrations from 1 countries; United States is among the supported ones You may register at EasyCryptoAU if you reside in one of 1 countries; unfortunately, United States is not among the supported ones (EasyCryptoAU & BitQuick support the same number of countries and territories).
  • During the account verification BitQuick usually asks for 1 document / procedure: (phone confirmation) User identification at EasyCryptoAU usually consists of 2 different procedures: id verification, selfie (EasyCryptoAU 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 4 testimonials about BitQuick, 100% of which are positive We've collected 1 users testimonials about EasyCryptoAU, 100% are positive (EasyCryptoAU & BitQuick share the same percentage of positive user reviews).

Although the final decision, which exchange — BitQuick or EasyCryptoAU — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is EasyCryptoAU legit or scam?

Now it's time to draw a conclusion, is EasyCryptoAU a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign EasyCryptoAU a rating, but according to our research it's a good exchange. We have found no evidence that this e-wallet is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the EasyCryptoAU:

  • It is licensed, regulatory compliant financial company
  • The e-wallet holds users' funds
  • The website was launched rather recently; exchange was started 1 years and 4 months ago
  • Exchange supports 20 cryptocurrencies and 1 fiat ones (totally 1 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges low fees: 0.0%
  • The purchase and withdrawal limits are among the highest: from $34 to $67,838 USD, it depends on a payment system choice
  • EasyCryptoAU accepts the clients from 1 countries; unfortunately, users from United States are not permitted to use the service
  • Clients' testimonials are perfect, 100% (1 out of 1) note their positive experience dealing with EasyCryptoAU.

Overall rating for EasyCryptoAU: N/A