Omnicoin USD Chart (OMC/USD) CoinGecko

Buying BTC with AUD - Current Summary for Aussies

So it seems that a pretty common question is "How do I buy Bitcoins with X". This is a list of the ways I am aware of and my experiences with each (where applicable) for buying BTC with AUD.
I'll split the below into two Parts. Services I've used, and services I haven't. Please let me know if I've left anyone out
I've used:
I've not used (but will test soon):
Name Current (AUD/BTC) Fee Speed Method Notes
MTGox USD (in AUD) 12.08 - - - MTGox USD rate converted to AUD using Google; 0.9557 AUD per USD
MTGox AUD 12.19 0.91% + 3.95% (~4.9%) One business day [YMMV] (transferred at 04:00 Thursday, processed 13:30 Friday. Once cash deposit via AusPost comes out this will be VERY competitive (3% fee) Domestic Bank Transfer 3.95% is the deposit fee.
Bitpiggy 13.13 8.69% 7-12 hours w/ NAB (Transferred 04:00 Thursday, had coins by 11:30 Thursday); One business day w/ other banks Domestic Bank Transfer The first time I used Bitpiggy after it came back up I was called by NAB to confirm the transaction was legit.
MrBitcoins 13.16 8.94% That evening Cash Deposit Affiliated with CryptoXChange
SpendBitcoins 13.57 12.37% That evening Cash Deposit Used many times before Bitpiggy was back up. Fee includes 10% fee and Current price is an amalgamation.
- - - - - -
CryptoXChange 12.28 1.66% + $5+0.6% - Cash Deposit The $5+0.6% is the processing fee for a cash deposit. For amounts over $1000 this fee is 0 (temporarily)
BitInnovate 13.43 11.17% - Cash Deposit Fee includes 9.9% fee, current price is an amalgamation
Omnicoins 13.15 8.86% - Cash Deposit -
Local (All) Varies Var. - Cash - In Person Range of exchange rates. Mostly rather reasonable. Possibly some abandoned listings (either very high price or very low)
Local (Sydney) 12.76 5.63% - Cash - In Person Basically the same price as MTGox, I will be trying this method soon; there's a seller on George St, Sydney; very excited
- - - - - -
WeExchange unknown unknown - Bank Transfer Site appears to be in beta. I was unable to register. Possibly requires invitation code.
If anyone has any more info or comments I'll add them to the above.
The "Fee" above is taken to mean "how much more expensive is it to buy BTC with AUD than an optimum conversion". The Current AUD/BTC ratio was taken at about 3pm Sydney time, 21/09/2012. CXC: 5pm.
Also, where I talk about "Thursday" above, I'm talking about yesterday. I've been buying BTC with AUD for more than a year, most of that time was with SpendBitcoins. To be clear, I've never had an issue with any of these services before, I usually decide which to use based on the current rate.
Disclaimer: I am in no way affiliated with any of the above services.
submitted by XertroV to Bitcoin [link] [comments]

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