way to buy and sell Bitcoins with cash in Australia.
What is BITROCKET?
Want to buy or sell Bitcoin and sick of the hassles and hurdles?
Want to get your hands on Ethereum, Dash, ZCash, Litecoin, or an ICO and don’t have time to open 5 accounts on different sites?
Just visit one of our vending machines (ATMs) and transact instantly with cash.
You only need your wallet app, which can be setup in 2 minutes on your smartphone. Just show our machine the QR code and insert cash.
From your wallet app, you can convert freely between digital currencies, ICOs and enjoy the flexibility, liquidity and power of blockchain technology.
Say goodbye to the hassles of online exchanges and risky face-to-face trades. No more selfie mugshots, no sending sensitive ID details (who might leak or be hacked), no leaving money on exchanges that might disappear overnight, no meeting up with shady strangers for trades, do everything with the comfort and security of a vending machine,
NO FUSS or delays | Multiple Locations | Instant transactions
See How EASY it Really Is
Buy or sell Bitcoin for cash in 3 steps - Less than 5 minutes
Available in Sydney, Melbourne, Tasmania. Coming In 2018: Parramatta, Gold Coast, Brisbane, Hobart, Perth, Newcastle and Adelaide.
Locate your nearest BitRocket Bitcoin ATM
Open your Bitcoin wallet app. If you don’t have one yet, try BreadApp.com – it takes 2 minutes.
Press “RECEIVE” or “Request” on your wallet app. You are about to receive bitcoin from the BitRocket ATM!
You should see your QR code (block of dots). Turn the phone brightness up and place the screen against the QR scanner panel.
Choose “Cash out” or “Withdraw” on the BitRocket ATM screen.
Enter the amount of cash $ desired, press “Cash out” to confirm.
The BitRocket ATM shows you the amount in ɃTC.
Check the amount in BTC is less than the total you have in your wallet to spend including bitcoin network fee. Compare the BTC amount, not the $ estimate your wallet shows.
Insert a note.
BitRocket ATM screen shows running total for each note.
Insert more notes (as desired, to maximum of $10k). Then press SEND when done. Check your wallet app, it should be instant!
Amounts under $200 may take up to 10 minutes and it is 100% normal for transactions to start as ‘pending’ or ‘unconfirmed’ at first.
Scan the QR code on the ATM screen with your mobile wallet. After scanning, Do not alter the amount in ɃTC (or ƀits) – check it matches the amount on the screen.
Press SEND – to receive cash!
Note 95% of the time cash will be dispensed immediately, if your wallet sends it immediately with a normal bitcoin network priority/fee. If your transaction to us might take longer, you’ll get a code to return after you have a coffee or do some shopping. For best results, use an approved wallet such as BreadApp.com, Airbitz.co, or Mycelium Wallet
Sending from broker services or exchanges may cause delays.
We believe in simplicity and a great experience. BITROCKET can help you at every step of your journey into the world of crypto-currency and blockchain digital assets. There’s no need to compromise.
Always at your service
Should you need guidance, we have help material, excellent tutorials and of course personalised service.
BitRocket takes the stress out of transacting – no waiting for weeks or months on exchange tickets. Our systems meticulously record each scan of a QR code, each note and of course its flow into and out of the blockchain ledger. If you run into problems, we can trace them for you and resolve it with just a few details.
For higher value transactions (>$100k), we can also offer concierge and escrow services, as well as bespoke brokerage.
Frequently Asked Questions
Here are just some of the most common questions and answers. For a more comprehensive list, see our guides or contact us.
1) Download a WALLET APP – We highly recommend Bread Wallet (BreadApp.com)
Other great apps include Airbitz, Mycelium, Jaxx, Exodus, Copay and Bitpay.
To avoid delays and difficulties, we don’t recommend Blockchain.info Wallet, Coinbase, Xapo, Coinjar or TenX, or any exchange.
These can take a long time to process incoming and outgoing transactions, causing frustrations.
Also a real wallet will leave you in control of your funds, think of it as keeping gold in your safe, not someone else’s safe.
2) The cash you want to exchange into bitcoins. We don’t accept cards due to the risk of stolen cards.
The minimum BUY transaction is just $5! The minimum SELL transaction is $50. The maximum BUY or SELL is $10,000 AUD. This is for buying or selling Bitcoin.
It’s super easy.
1. Press “Start” on the machine.
2. Open your wallet app on your phone and select “RECEIVE”. (Ensure it is displaying your QR code, turn the screen brightness to MAX)
3. Hold the screen of your phone against the glass panel.
4. Enter as much cash as you wish to deposit. 5. Press “SEND”. That’s it.
Sure, if you are doing this over several transactions you will be fine.
For larger amounts (over $100k), our concierge service may be able to help, via our CONTACT page.
The minimum BUY transaction is just $5.
The minimum SELL transaction (withdraw to cash out) is $50.
The maximum BUY or SELL is $10,000 AUD per transaction to comply with local laws. Note that you may wish to visit multiple times if you wish to do more.
We’re looking for new partners to join our operator network, learn more.
You might not even need to buy an ATM. Most of the cost and effort is running the service, customer queries, handling transactions, compliance, marketing, and financial trading. BitRocket partners enjoy these benefits while achieving financial rewards.
There are no extra fees to pay. The price on the machine is the all-inclusive price you pay.
We make money on the spread between buy and sell prices. Many online services don’t show you the hidden USD -> AUD costs or service fees and can be more expensive for a slower and more risky service.
The rates are based off Australian prices such as BTCMarkets.net and IndependentReserve.com – with roughly 5.5% on top for convenience. It changes every minute, with the market. Look at the screen when you visit for the exact number. The rate on the screen includes any and all fees, nothing hidden. Contact us.
Whatever your question is, we aim to respond within 3 business days. Often your query may be answered faster, but please provide as much detail as possible to help us address your query.