Avatar
Bitaroo
b6865cb8f2f6b4d6076647de6a1f44b818349f86a5fdcb479df55d2b14f0935c
Australia's Biggest โ‚ฟitcoin-Only Exchange ๐Ÿฆ˜ Not-Only-For-Profit ๐Ÿ‘ #Austriches

๐Ÿ’ฅDeployed: Spend ๐Ÿ’ฅ

Users can now load a prepaid digital card with their bitcoin and spend it anywhere Visa is accepted ๐Ÿ”ฅ

Available exclusively on the Bitaroo Express App (v1.5.0)

๐Ÿ’ฅ Deployed: Lightning Withdrawals to LN Addresses ๐Ÿ’ฅ

For years, users were able to pay LN invoices. But now, users can also send sats to any LN Address! ๐Ÿฅณ

Simply insert LN Address and amount, and off it goes! โšก๏ธ

Deployed on the web. Coming to the App soon ๐Ÿ‘

Oh...!

Yes, it is still happening unfortunately, but it's not "many banks" and it's not specifically to our exchange ๐Ÿ‘

Australia is Open! ๐Ÿฅณ

For years, we could only verify Australian documents, but now we can also verify foreign documents! ๐Ÿ”ฅ

Bitaroo is proud to announce that we can now onboard users who hold passports or driver licences from the following countries:

๐Ÿ‡ฆ๐Ÿ‡บ ๐Ÿ‡ณ๐Ÿ‡ฟ ๐Ÿ‡ฆ๐Ÿ‡น ๐Ÿ‡ง๐Ÿ‡ช ๐Ÿ‡ง๐Ÿ‡ท ๐Ÿ‡จ๐Ÿ‡พ ๐Ÿ‡ธ๐Ÿ‡ป ๐Ÿ‡ช๐Ÿ‡ช ๐Ÿ‡ซ๐Ÿ‡ฎ ๐Ÿ‡ซ๐Ÿ‡ท ๐Ÿ‡ฉ๐Ÿ‡ช ๐Ÿ‡ฌ๐Ÿ‡ท ๐Ÿ‡ฎ๐Ÿ‡ช ๐Ÿ‡ฎ๐Ÿ‡น ๐Ÿ‡ฎ๐Ÿ‡ฑ ๐Ÿ‡ฎ๐Ÿ‡ธ ๐Ÿ‡ฑ๐Ÿ‡ป ๐Ÿ‡ฑ๐Ÿ‡น ๐Ÿ‡ฑ๐Ÿ‡บ ๐Ÿ‡ฒ๐Ÿ‡น ๐Ÿ‡ฒ๐Ÿ‡ฝ ๐Ÿ‡ฒ๐Ÿ‡จ ๐Ÿ‡ณ๐Ÿ‡ฑ ๐Ÿ‡ต๐Ÿ‡น ๐Ÿ‡ธ๐Ÿ‡ฒ ๐Ÿ‡ช๐Ÿ‡ธ ๐Ÿ‡ฌ๐Ÿ‡ง

Please note: Users must be 16+, Australian citizens or residents, and hold an Australian bank account ๐Ÿ™

๐Ÿ’ฅ Deployed: Bitaroo Point of Sale ๐Ÿ’ฅ

You:

Pay with bitcoin on the Lightning Network โšก๏ธ

Merchant:

Instantly gets AUD into their bank account ๐Ÿฅณ

Read all about it ๐Ÿ‘‡

The Bitaroo Point of Sale comes with:

โœ… Zero fees

โœ… Zero chargebacks

โœ… Real time settlements (LN and bank)

โœ… Free Auto AUD withdrawals

โœ… Qualify to be listed on orangelabel.io

โœ… Available only on the Bitaroo Express App

With our Point of Sale, any and all Australian individuals and companies alike can accept #bitcoin.

Merchants can choose to instantly and automatically sell it for AUD and receive the full amount into their bank accounts within seconds ๐Ÿฅณ

But don't take our word for it, try it yourself, it's FREE! ๐Ÿฅณ

The Bitaroo Express App is available in Australia only. You can find it on Apple's App Store and on Google Play.

๐Ÿ’ฅ Introducing our new slogan ๐Ÿ’ฅ

The evolution of our slogan narrates the journey from our inception to our current stance, as detailed below.

We launched in 2020, at the halving block, and embarked on a mission to become the best bitcoin exchange for Bitcoiners like ourselves.

Our slogan echoed this sentiment:

"Bitaroo - Built for Bitcoiners"

However, as we grew, we realised that the majority of our users were not necessarily hardcore toxic Bitcoin maximalists but rather everyday people keen on buying bitcoin for the very first time.

This meant that our slogan was confusing for some of them, perhaps even intimidating:

"Is this platform exclusively for Bitcoiners? I'm just looking to make my first bitcoin purchase. Perhaps this isn't the right fit for me?"

Furthermore, certain features we deployed, such as the Bitaroo Vault and Sell, were not directly built for Bitcoiners, further highlighting the disconnect with our original slogan.

Thus, it became apparent that a change was necessary.

Today, we proudly unveil our new slogan:

"Bitaroo - Welcome to Bitcoin"

We believe this slogan resonates better with us as well as with all of our users.

It is inviting precoiners to Bitcoin and it is a promise to Bitcoiners that we will add more and more features, enabling them (and us!) to use our services in ways that were not available before.

Stay tuned :-)

๐Ÿ”ฅ AUD withdrawal fee reduction ๐Ÿ”ฅ

AUD withdrawal fee is now only $1 per withdrawal ๐Ÿฅณ

Maybe inflation isn't real? ๐Ÿค”

๐Ÿ”ฅ New video just dropped ๐Ÿ”ฅ

Things to know before setting up your SMSF ๐Ÿ’ชhttps://m.primal.net/ICLZ.mov

๐Ÿ”ฅ #BitcoinHalving2024 special ๐Ÿ”ฅ

Get paid to withdraw your sats ๐Ÿฅณ

How it works:

1. During the halving block, initiate a BTC withdrawal from Bitaroo (on-chain or via LN) ๐Ÿ‘

2. You'll be reimbursed for the withdrawal fee and receive an additional 3.125% ๐Ÿฅณ

Example:

On block 840,000, you withdrew your bitcoin and chose to pay 10,000 sats as withdrawal fee.

(it doesn't matter when the withdrawal will be confirmed, only that you initiated it during the halving block)

Within 21 hours your Bitaroo account will be credited with 10,000 sats in addition to 3.125% of the withdrawal fee paid (=313 sats).

So obviously, you might want to go high ๐Ÿ˜…

1 withdrawal per account please ๐Ÿ™

Most important:

Happy halving, Bitcoiners!

We โค๏ธ you

We โค๏ธ Bitcoin

May this epoch be the best one yet ๐Ÿš€๐ŸŒ™

All the kiwi digital exchanges that use the same payment processor as we do.

Dear Kiwis,

It is with regret that we announce that we have been debanked in New Zealand ๐Ÿ˜ข

Our NZ payment processor can no longer provide services to the 'crypto' industry.

We will search for a new bank, but in the meantime, please do not deposit any NZD, as it will bounce back.

Remember: This is why we #Bitcoin.

๐Ÿ’ฅ Great news for our Aussie users! ๐Ÿ’ฅ

We are now waiving the $1.95 fee on all AUD deposits of $1000 or more ๐Ÿฅณ

Maybe inflation isn't real? ๐Ÿค”

Less fees = more sats ๐Ÿ’ฐ๐Ÿš€

#Bitcoin #Australia #FeeFree

๐Ÿ’ฅ Simplifying LN Withdrawal Fees ๐Ÿ’ฅ

No more difficult calculations! ๐Ÿฅณ

LN withdrawals to Wallet of Satoshi = 1000 sats

LN withdrawal to any other LN wallet = 2100 sats

#Bitcoin #Australia #NewZealand

๐Ÿ’ฅ Deployed: Express Recurring Buy (DCA) ๐Ÿ’ฅ

Users can now place DCA orders on the App and on the web's Buy page ๐Ÿฅณ

Choose your preferred frequency - every 10 minutes, hour, week, or month - the choice is yours! ๐Ÿ’ช

Built and deployed in silence over the past few weeks:

Express App:

โœ… Show recent buys

โœ… See and operate Vault

โœ… Switch email notifications off/on

โœ… Show Account Holder name in Settings

โœ… Scan QR code for BTC on-chain withdrawal

โœ… Many minor fixes and improvements

Web platform:

โœ… Statements now available also in CSV format

โœ… Vault History available under 'Reports'

โœ… Links to Skippy during signup

New lead dev is awesome! ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

More deployments to come very soon ๐Ÿ‘

Thank you for your support ๐Ÿ™

๐Ÿ’ฅ Deployed: NZ DCA and Face ID/ Touch ID๐Ÿ’ฅ

NZ users can now make recurring bitcoin purchases on the app ๐Ÿฅณ

As per your request, ADCA is here, ladies and gentlemen ๐Ÿ™

Also deployed in NZ:

Face ID / Touch ID You don't have to use it (password or pin are also fine) but if you want it, it's there ๐Ÿ‘

Australia, don't fret. Coming soonโ„ข๏ธ to you too ๐Ÿ™

๐Ÿ’ฅ Deployed: Bitaroo Vault ๐Ÿ’ฅ

๐Ÿ”ฅ Ending the Era of 'Paper Bitcoin' ๐Ÿ”ฅ

As Bitcoiners, we understand the importance of self-custody.

But not everyone does...

Many of our friends and family still trust exchanges with their precious sats.

This service is for them ๐Ÿ‘

Bitaroo Vault is a custodial proof of funds storage solution with unique advantages:

โœ… Allowing users to verify(!) their holdings on our exchange anytime with any Bitcoin Blockchain Explorer

โœ… Best-in-class security, surpassing industry standards

โœ… Time-lock and additional security measures to protect the world's most scarce asset

Our position hasn't changed: Withdraw.

But, if for some reason you didnโ€™t withdraw, then at the very least, verify ๐Ÿง

In addition to manual transfers, eligible users will also receive emails every 2nd of the month when their BTC holdings are eligible for an auto transfer to the Bitaroo Vault. This ensures that their bitcoin is safeguarded frictionlessly.

Bitaroo Vault is a paid service that provides invaluable benefits.

Bitcoin deserves the utmost care, transparency, and peace of mind ๐Ÿ™

This is what we as custodians provide.

Learn more:

https://support.bitaroo.com.au/hc/en-au/categories/7593084570127