MASRegulated
Singapore Crypto Asset Exchange License (CASP)
Independent Reserve
Basic Information
Country/RegionSingapore
Operating Period5-10 years
Company Name--
Contact Number--
Websitehttps://www.independentreserve.com/
Exchange AbbreviationIndependent Reserve
RiskNotice
2 risk alerts
AUSTRACRegulated
Australia Virtual Asset Service Provider (VASP)
- License No.
- 164257069
- Licensed Entity
- INDEPENDENT RESERVE PTY LTD
User Feedback
2
Independent Reserve? More like Independent Rip-off! Their transaction fees are sky-high and the user interface is as confusing as a maze. Don't get me started on their customer support, it's like talking to a brick wall.
The liquidity of Independent Reserve is really poor, and the fees are too high. Not only that, the user interface is too complex, with very low user-friendliness for beginners!
Exchange Overview
Exchange Overview
Launched in October 2013, Independent Reserve is a centralized exchange based in Sydney Australia. It supports AUD, NZD, and USD fiat pairs and OTC. It is regulated by AUSTRAC under the Anti Money Laundering Counter-Terrorism Financing Act 2018. Its geographical focus is on Australia, New Zealand. and Singapore. Citizens from 30+ countries are permitted to join.
In January 2020, it launched in Singapore and aims to become a licenced operator with MAS. Independent Reserve describes itself as a pro-regulation exchange with a focus on trust and security. In February 2019, Independent Reserve announced it had become the first cryptocurrency exchange in Australia to offer insurance coverage to its clients. It offers a KPMG tax calculator, an auto trading platform, Bloomberg price feeds, and API trading.
With mandatory KYC and tiered trading fees, its services are available to individuals, businesses, trusts and Self-Managed Superannuation Funds.
Business Region
InfluenceB0
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User Feedback 2
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Jackson Wong
Independent Reserve? More like Independent Rip-off! Their transaction fees are sky-high and the user interface is as confusing as a maze. Don't get me started on their customer support, it's like talking to a brick wall.
FX1090396792
The liquidity of Independent Reserve is really poor, and the fees are too high. Not only that, the user interface is too complex, with very low user-friendliness for beginners!