Bitcoin Australia - About the company
Bitcoin Australia is an acquired company based in Melbourne (Australia), founded in 2013 by Adrian Przelozny. It operates as a Cash based bitcoin buying/selling services. Bitcoin Australia has raised $2.95M in funding. The company has 20 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like CoinMama, LibertyX and Azteco.
Company Details
Bitcoin.com.au is Bitcoin service provider in Australia. Their service include buying/selling of bitcoin, they accept cash deposits made through their deposit gateway service at their deposit locations, they have an order minimum of $50 AUD, an order maximum of $2000 and a daily limit of $8000 per person. The user can also sell bitcoins and receive funds directly in their Australian bank accounts. They have partnered with Dominet Digital investment group to provide Bitcoin services.
- Website
- bitcoin.com.au
Key Metrics
Founded Year
2013
Location
Melbourne, Australia
Stage
Acquired
Total Funding
$2.95M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 20 active competitors
Employee Count
15 as on May 31, 2026
Exit Details
Acquired by Independent Reserve (Mar 23, 2023)
Bitcoin Australia's acquisition details
Bitcoin Australia got acquired by Independent Reserve on Mar 23, 2023 at an acquisition amount of $*****.
Click here to take a look at Bitcoin Australia's acquisition in detail
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Bitcoin Australia's funding and investors
Bitcoin Australia has raised a total funding of $2.95M over 2 rounds. Its first funding round was on Jul 24, 2017. Its latest funding round was a Series A round on Sep 11, 2018 for $*****. 1 investor participated in its latest round. Bitcoin Australia has 4 institutional investors.
Here is the list of recent funding rounds of Bitcoin Australia:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 11, 2018 | 8929628 | Series A | 2523340 | 7856464 | 9535675 | 3196872 |
Jul 24, 2017 | 7188524 | Series A | 8079836 | 9863910 | 1600530 |
View details of Bitcoin Australia's funding rounds and investors
Bitcoin Australia's founders and board of directors
Founder? Claim ProfileThe founders of Bitcoin Australia is Adrian Przelozny. Adrian Przelozny is the CEO of Bitcoin Australia.
Here are the details of Bitcoin Australia's key team members:
- Adrian Przelozny: CEO & MD of Bitcoin Australia.
View details of Bitcoin Australia's Founder profiles and Board Members
Bitcoin Australia's employee count trend
Bitcoin Australia has 15 employees as of May 26. Here is Bitcoin Australia's employee count trend over the years:
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Bitcoin Australia's Competitors and alternates
Top competitors of Bitcoin Australia include CoinMama, LibertyX and Azteco. Here is the list of Top 10 competitors of Bitcoin Australia, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform to buy and sell cryptocurrency | $2.4M | 58/100 | ||
2nd | LibertyX 2013, Boston (United States), Acquired | Buy and sell Bitcoin at ATMs and retail locations | $404K | 46/100 | |
3rd | Azteco 2014, London (United Kingdom), Seed | Cash collection based Bitcoin seller. | $6M | 37/100 | |
4th | Bitcoin Australia 2013, Melbourne (Australia), Acquired | Cash based bitcoin buying/selling services | $2.95M | 36/100 | |
5th | CryptoMate 2015, Peterborough (United Kingdom), Funding Raised | Cryptocurrency exchange services via instant bank transfer within UK | - | - | 24/100 |
6th | Expresscoin 2013, Santa Monica (United States), Seed | Online Bitcoin reseller. | $150K | 22/100 | |
7th | Cryptotrader 2016, Hilversum (Netherlands), Unfunded | Cryptocurrency data provider | - | - | 22/100 |
8th | CryptoCoinTechs 2014, New York City (United States), Deadpooled | CoinTechs.com: Domain for sale with flexible payment options | - | - | 22/100 |
9th | Bitsimple 2012, Wilmington (United States), Seed | Direct Bitcoin brokerage. | $600K | - | 20/100 |
10th | Satoshi Portal 2015, Montreal (Canada), Unfunded | Online Bitcoin retailer and exchanger. | - | - | 20/100 |
Looking for more details on Bitcoin Australia's competitors? Click here to see the top ones
Bitcoin Australia's Investments and acquisitions
Bitcoin Australia has made no investments or acquisitions yet.
Reports related to Bitcoin Australia
Here is the latest report on Bitcoin Australia's sector:
News related to Bitcoin Australia
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•
Independent Reserve’s Acquisition of bitcoin.com.au DomainGlobal Legal Chronicle•Apr 10, 2023•Hamilton Locke, Bitcoin Australia, Independent Reserve
•
Crypto exchange Independent Reserve snaps up Bitcoin.com.au for $3 millionStartup Daily•Mar 23, 2023•Independent Reserve, Bitcoin Australia
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Singporean Crypto Exchange Invests $3 Million in Bitcoin AustraliaCryptoscoop•Sep 10, 2018•KuCoin, Bitcoin Australia
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PwC Executive Ben Ingram Heads to Bitcoin.com.au as CEOFinance Magnates•Jul 13, 2018•Bitcoin Australia
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