Review your last buy on ProductReview.com.au
Independent Reserve

Independent Reserve

 Verifiedhttps://www.independentreserve.com/ABN: 46164257069
Independent Reserve
4.8

355 reviews

Positive vs Negative
95%5%
Withdrawals ?Within 24 hours, 1-2 days, 3-4 days and Over a week
Transparency ?
4.2
Ease of Application
4.2
Rates and Fees
4.1

 AI reviews summary 

Pros
Platform usability: The interface is intuitive and straightforward, making it accessible for beginners to navigate and manage assets.
Transaction speed: Deposits and withdrawals, particularly via PayID and Osko, are processed quickly and often reflect within minutes.
Customer support: The support team is responsive and professional, providing helpful assistance with prompt turnaround times.
Account setup: The registration and identity verification process is fast and efficient, often allowing users to trade shortly after signing up.
Verdict

The service is highly regarded for its user-friendly interface and the speed of its financial transactions. Users benefit from a professional support team and a streamlined onboarding process. There are no recurring complaints that meet the threshold for inclusion.

355 reviews
5  Rehan Thathsara  · never knew buying crypto can be this easy going to get my friends that are looking to start crypto to hop on this
5  Sjj993  · Independent Reserve is a stand-out performer when comparing crypto exchanges. They also offer a very generous sign up bonus. 10/10, highly recommend.
5  Sukhdeep S.  · loved using this site as a first timer it was so easy to buy and trade crypto
5  Brendan C.  · very smooth sailing from the start to the end with the whole project being fantastic nothing but good vibes speedy banking aswel was a breeze A+
5  Sue  · Independent Reserve was incredibly easy to navigate and use there site and transactions ran smooth and had no issues at all would 100% recommend anytime A++
5  Sarita S.  · The app is very user friendly. Signing up was super quick and deposit was instant. Will definitely recommend to check out.

Reviews with attachments

  • Thumbnail
drdea179
drdea179
 

Using Independent Reserve was a smooth and easy experience, with a user-friendly platform that made buying and managing cryptocurrency simple.

  • Thumbnail
Michael Jeremy Lozada
Michael Jeremy Lozada VIC
   Fair Incentive

Good for now I see it needs a little more work But I can really use this for my everyday use and it’s lowkey helpful Show details

  • Thumbnail
AP S.
AP S. 2 posts
   Verified

Stumbled upon this platform from a post on reddit and am so glad I chose to check it out. They’ve got a real easy interface and a pretty generous referral system - ive made $75 from 3 referrals! Show details

  • Thumbnail
Shane M.
Shane M. VIC 2 posts
   Fair Incentive  Verified

I feel that Independent Reserve has earnt their reputation. The platform is secure and easy to use Show details

  • Thumbnail
Danyl A.
Danyl A. 2 posts
   Fair Incentive

Great website for trading crypto and very easily accessible. I love this app and let my friends know to definitely download too! Show details

Positive reviews

Zoeas
Zoeas Victoria 2 posts
 

Very straight forward and easy to use. The customer service team are very friendly and response times are very quick and efficient. Don't have any complaints at all about this site!

Miles W.
Miles W. 2 posts
   Fair Incentive

I used independent reserve to trade crypto (bitcoin) an im very glad I did so! The app was very easy to understand whilst upholding a high level of security for my information which I would otherwise be concerned about through other investing apps. Overall great experience, quick turnover times, would 100% recommend.

Shaun
Shaun SA 2 posts
   Fair Incentive  Verified

I've been trading with Independent Reserve for 6 years now and have had no issues buying and selling crypto currency. They make it easy to access documents for tax purposes also and support has been reliable in the rare instance I need them. Show details

Negative reviews

A L.
A L. 6 posts
 

Froxe my withdraws no warning and unfairly ! I provided everything to Them waiting over 24 hours to fix I’m so scared rn

Mike D.
Mike D. 4 posts
   Verified

My experience with Independent Reserve was extremely disappointing and a complete waste of time. After over two weeks of delays, I was asked to submit multiple documents including my driver’s licence, bank statement, visa, and other personal information. After this long process, they suddenly questioned why my residential address, bank address,… Read more

and account registration address were not exactly the same. Following this, they requested additional documents again, so I provided my official tax return, which clearly shows my most recent residential address. Despite submitting legitimate government-issued documentation, my account was still declined without any explanation. Their final response was simply: “We are unable to proceed with your application and cannot comment further on our decision.” This is completely unacceptable behaviour for a financial platform. Many people in Australia — especially renters and migrants — naturally have different addresses across documents. Rejecting an application after repeated document requests, while refusing to explain the reason, shows a lack of transparency, professionalism, and respect for customers. I strongly advise others not to waste their time or share sensitive personal documents with this company. There are far more transparent and professional crypto exchanges available in Australia.

Update:

Independent Reserve has now confirmed privately that my application was rejected because it was deemed “outside their risk tolerance.” No specific reason, rule, or unmet requirement was provided, despite weeks of delays and the submission of extensive documents, including my driver’s licence, bank statements, visa, and official tax return. This confirms my original concern: the company collects highly sensitive personal information, then hides behind vague internal “risk” policies while refusing to provide any meaningful explanation. This is not transparency. It is a one-sided process where the customer carries all the burden, and the company provides zero accountability. Prospective users should think very carefully before sharing personal documents with a platform that can reject you without clear justification and simply tell you to “try another exchange.”

David D.
David D.
   Fair Incentive  Verified

Independent reserve thank you very much for your email asking me how you are doing. To brutally honest not very well, your support team is not supportive, their more intrusive on your personal business activities. I was told that the crypto while that I was sending crypto to was suspect however you couldn't evidence that in any way shape or form. … Read more

I said to your support team member I was planning on sending crypto to a family member in America, your support representative wanted that public address, even though I had no intention of sending it from independent reserve, I found this very inappropriate. I then tried to send some crypto to my other crypto wallet and it was highly suspect as well, which was complete rubbish. And I'm sure I won't see this comment on any forum in relation to independent reserves services. You can keep the $30 of bitcoin that you offered me. And I wish you all the best with your endeavors.

Independent Reserve
Independent Reserve    

Hi David, Thank you for your honest and… Read more

Recent reviews

Jimjam92
Jimjam92
 

Independent Reserve is an awesome platform to trade Bitcoins and Cryptocurrencies!! It is simple and straight forward!! I would highly recommend to friends and family!!

Find out how Independent Reserve compares to other Cryptocurrency Exchanges

Know better, choose better.

Compare all
Christian Wi
Christian Wi Victoria 2 posts
 

Independent reserve has allowed me to start investing in anything i want to and even gave me a bonus upon my first deposit and honestly anyone wanting a start should check it out Show details

Damon F.
Damon F. NSW 2 posts
 

Great platform for trading crypto. The interface is really easy to navigate, AUD deposits are fast, and I feel confident that my funds are secure. Highly recommend it to anyone looking for a reliable exchange. Show details

Bernard T.
Bernard T. VIC 2 posts
   Fair Incentive

Independent reserve. Where do I begin? Absolutely incredible service that you are offering. The app *chefs kiss* just hits the spot, “scratches the spot” if you may. Whoever designed / created this masterpiece of an app, simply deserves a raise!

Emma Boyle
Emma Boyle VIC 2 posts
   Fair Incentive  Verified

I’ve had a really positive experience with independentreserve.com. The platform is easy to use, even if you’re not particularly experienced with crypto, and everything is pretty straightforward. Its reliable, easy to use and reassuring when dealing with something that can otherwise feel pretty complicated. I’d definitely recommend it to anyone in Australia looking for a simple place to buy and manage Bitcoin and other crypto. Show details

liampadoin2
liampadoin2 VIC 2 posts
 Published  · Edited   Fair Incentive

Top shelf exchange. Support may take a few hours to respond but when they do it's really clear and appropriate...not pro forma responses. Really happy with their security protocols and ease-of-use. Genuinely happy to open and read their eDMs which are interesting, well researched and written.

Jacob
Jacob 2 posts
   Fair Incentive

Really good experience with Independent Reserve. The platform is easy to use, transactions are straightforward, and everything feels secure. The overall process has been smooth and simple to understand. Definitely a great option for anyone looking to buy and manage crypto in Australia. Show details

Leo N.
Leo N. NSW 2 posts
 

Great experience with Independent Reserve. The platform is easy to use, transactions are smooth, and the service feels reliable. Overall, I’m happy with my experience and would recommend Independent Reserve to others.

scott m.
scott m. 2 posts
   Fair Incentive  Verified

Independent Reserve is one of Australia’s most trusted crypto exchanges. Founded in 2013, it’s AUSTRAC-registered, ISO 27001 certified, and has never been hacked. Client funds are held 1:1 in segregated cold storage. Highlights: Competitive fees (0.5% down to 0.02%) Free AUD bank deposits Clean interface + solid mobile apps Excellent for SMSFs… Read more

and local users 24/7 support

Secure, regulated, and easy to use — highly recommended for Australian crypto investors.

Tiffany Kate
Tiffany Kate
   Verified

Independent Reserve has a pretty easy to use interface, everything's where you'd expect it and you don't have to go hunting around for basic features. Customer service is also a strong point, they responded quick every time I had a question. The only thing I'd add as improvement is more advanced trading tools, for those of us who already have more experience trading. Still, for day to day use it works really well. Show details

Find out how Independent Reserve compares to other Cryptocurrency Exchanges

Know better, choose better.

Compare all
Niang M.
Niang M. VIC 2 posts
   Fair Incentive

I’ve had a solid experience with Independent Reserve. The platform is easy to navigate and everything is presented clearly. I found the process of buying and managing crypto pretty straightforward, and the overall experience has been smooth and convenient. Would definitely recommend checking it out. Show details

Lami E
Lami E 2 posts
   Fair Incentive  Verified

Independent reserve is the easiest crypto currency trading website ive ever used in my life Its simple and makes it easy for me to buy my currencies Thank you so much for makinf such an awesome app!!

Days I.
Days I. VIC 2 posts
   Fair Incentive  Verified

I’ve had a solid experience with Independent Reserve. The platform is easy to navigate and everything is presented clearly. I found the process of buying and managing crypto pretty straightforward, and the overall experience has been smooth and convenient. Would definitely recommend checking it out. Show details

Aung naing soe L.
Aung naing soe L. VIC 2 posts
   Verified

I’ve had a solid experience with Independent Reserve. The platform is easy to navigate and everything is presented clearly. I found the process of buying and managing crypto pretty straightforward. Would definitely recommend checking it out.

Kaleb B.
Kaleb B. 2 posts
   Verified

The whole process was pretty smooth. Signing up was easy, verification didn't take long, and buying Bitcoin was simple. No issues so far and the site was easy to figure out.

Rory L.
Rory L. 2 posts
   Fair Incentive  Verified

The whole process was really quick and easy, from verification and depositing funds to getting started with trading. Definitely one of the best trading platforms!

peggyzhiying
peggyzhiying
   Fair Incentive  Verified

Easy to access and buy crypto. Easy to transfer to other platforms. However the admin fee can be a bit pricey, especially for low amount of sell orders. Would be great if there’s a difference sell order admin fee for different sell order amounts. Show details

Tasha G.
Tasha G. WA 3 posts
   Fair Incentive  Verified

I've used a number of cryptocurrency platforms over the years, and Independent Reserve has easily become my favourite. From the moment I signed up, I was impressed by how professional, secure, and easy to use the platform is. The interface is clean and intuitive, making it simple to buy, sell, and manage my cryptocurrency without any unnecessary… Read more

complications.The customer support has also been excellent whenever I've needed assistance. Responses have been prompt, friendly, and genuinely helpful, which is something that can be hard to find in the crypto industry.Overall, I am a huge fan of Independent Reserve and have had nothing but positive experiences using the platform. I regularly recommend it to friends and family who are interested in cryptocurrency because it's secure, easy to use, and backed by a team that clearly cares about its customers. In my opinion, Independent Reserve sets the standard for what a cryptocurrency exchange should be.

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.
Go to offer