New Australian/New Zealand Exchange offering XRP

[Khaleesi]

https://mycryptowallet.com.au/

New Australian exchange and wallet offering XRP.

 

[Guest]

Thanks for sharing this.

I couldn't see a fee schedule...  It says deposit and withdrawal are fee free....  I'm wondering then what their trading fee is.  Another question is what is their spread on instant exchange between AU and NZ fiat.

They presumably also will suffer from the seemingly eternal chicken and egg problem of liquidity....  I hope they do well.  The easier it is for people to get into XRP in their home country the generally better for XRP I think.

 

[Trickery]

Just signed up only to find that to verify my ID I have to be Australian. I guess they're still a bit sore about always getting beaten by us at rugby

[Khaleesi]

15 minutes ago, Tinyaccount said:

Thanks for sharing this.

I couldn't see a fee schedule...  It says deposit and withdrawal are fee free....  I'm wondering then what their trading fee is.  Another question is what is their spread on instant exchange between AU and NZ fiat.

They presumably also will suffer from the seemingly eternal chicken and egg problem of liquidity....  I hope they do well.  The easier it is for people to get into XRP in their home country the generally better for XRP I think.

 

Yes, the answer to those questions are not obvious on their site.  They need to update their FAQ section to include a lot more information about their fees, what their instant exchange rate is based on and deposit/withdrawal limits. 

[zenkert]

4 minutes ago, Trickery said:

Just signed up only to find that to verify my ID I have to be Australian. I guess they're still a bit sore about always getting beaten by us at rugby

LOL - Kiwis and Aussies . Like Norwegians and Swedes. It´s a hate Love Relation - - - -

Edited November 2, 2017 by zenkert

[CryptoCraft]

1 hour ago, Trickery said:

Just signed up only to find that to verify my ID I have to be Australian. I guess they're still a bit sore about always getting beaten by us at rugby

Didn’t happen the last game did it!

[Trickery]

9 minutes ago, OrangeRipple said:

Didn’t happen the last game did it!

We gave the Wallabies that one to stop them from taking their ball and running home crying. And one prawn does not a barbie make

Edited November 2, 2017 by Trickery
More to say

[Guest]

1 hour ago, Trickery said:

We gave the Wallabies that one

Really?  They didn't look that happy about losing...        Maybe they need to chat to the NRL guys to get the hang of it...   

[Trickery]

We'll all be pretty unhappy if Tonga win the world cup

[ByronBayChris]

It is fee free, but they charge a 2.8% transaction fee, and their current buy is $0.28 AUD, where other places is listing between $0.248 and $0.26.   So around 12.8% fee on my calculations.