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Banxa

Banxa

1.9 from 11 reviews · View Statistics
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Reviews

  • Transparency
    2.0 (6)
  • Rates and Fees
    1.8 (5)
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Jacob
JacobIllawarra, NSW
  • 2 reviews
  • 2 likes

Will place a temporary hold on your account randomly then gaslight you.

published

Will Lock Your Account and Gaslight You

Purchased over 1k crypto across weeks. They then placed a hold on my account and told me to contact them. They then claimed they couldn't help me with it due to "legal constraints".

I've filed a complaint with our regulatory body. I hope no one does business with this horrible company.

I have switched to a competitor who had no issues with taking my money (after proving identity).

I honestly hope they go out of business.

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Garth S.
Garth S.Sydney, NSW
  • 3 reviews
  • 15 likes
  • Verified

Scammers, not paying withdrawals

published

I performed a withdrawal almost one month ago ago and they have not transferred the funds. They keep saying it’s a technical glitch, this is obviously not true and they are simply keeping my money and are scammers and t. Stay away.

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Grant
Grant
  • 2 reviews

Slow and expensive

published

While I didn't have a bad experience like feeling scammed, the first purchase took over 24 hours - verification, or pre purchase/hedge the coin, I guess, but was pretty poor service as no communication in this time. The whole sign up processs is quite kludgy. As another reviewer stated, quite expensive if you use a card to pay. I'd recommend staying with a peer to peer method, like LBC.

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gordz87
gordz87Greater Melbourne (Inner), VIC
  • 2 reviews
  • Verified

Ups and downs.

published

I've used banxa nearly a dozen times. They started out great. 20 minutes and I had funds in my wallet. Then it blew out to 40 minutes. Some weeks it's hours.

This afternoons buy, (my first using PayID) was instant, and the coins (USDC) were in my wallet in 5 minutes. Well done. Hopefully next week is the same - then 5 stars.

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May M.
May M.Darling Downs, QLD

Very disappointed in this company

published

I am not their customer however this company processed a crypto transaction fraudulently using my credit card. This is despite them being a financial services provider which should ensure they are following AML/CTF legislated requirements.

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Neezy
NeezyPerth, WA
  • 2 reviews

Stole money off me

published

Put through an order, they claim that they didn't receive it then ghost my emails.

I confirmed it went through immediately after i sent the transfer with my bank and confirmed it went to the right people. Then they stop replying to emails and just steal my money

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Teng
TengMetropolitan Adelaide, SA

Absolute strategic scammer using free money from customer, and return your money in 14 days

published
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DmP
DmPSydney Surrounds, NSW

Would even take my payment for a BTC purchase

published
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  • Incentivised Review No
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  • Verified

SCAM SITE

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Protonumus
ProtonumusGreater Melbourne (Inner), VIC
  • 5 reviews
  • 1 like

Banxa - 5% Fee

published

This is a good time to invest on International markets.

Don't use Banxa system to pay by card, at a cost of 5% more money and ID time.

Banxa - Card use is 3% Surcharge and 2% Spread to send money (5% added to the exchange rate).

Instant with Osko payments (24/7). Deposit directly from your bank account in a transfer at #exchange rate.

Best to Buy and Sell @ $Limit, and not Market.

Review by Protonumus [YouTube]

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Ethan R.
Ethan R.Sydney Surrounds, NSW
  • 18 reviews
  • 17 likes
  • Verified

Good payment options

published

Based in Australia, Banxa provides multiple payment methods for buying cryptocurrencies and emailing them with a problem they get back to you with-in half an hour. They even work with the latest Osko payment method

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