BUY BITCOIN
Purchase Bitcoin from McLeod Pacific Investments in a Safe and Secure Environment
Safe, Secure & Easy Transactions
How can I Buy Bitcoin?
Buy Bitcoin with McLeod Pacific Investments simply with:
What trading platform do we use?
For online trades, McLeod Pacific Investments use the Localbitcoins and Binance P2P trading platforms. This means that when you open a trade with us, the coins are held in escrow until such time as the trade is completed. This gives both parties the security that the Bitcoins are truly available and that payment will be made. Simple, secure and efficient!
Why Buying Bitcoin From Us is Safe.
Traders wanting to invest in Bitcoin online do so with us, knowing that there is an escrow system in place. Furthermore we are an AUSTRAC-registered Digital Currency Exchange Provider and are bound by the Privacy Act.
Buy Bitcoin With Cash Deposit
PAY BY CASH DEPOSIT INTO OUR BANK ACCOUNT
Register with Localbitcoins or Binance
To begin with please call us first and we can advise which platform is best suited for you; Localbitcoins or Binance
You will then need to register with either Localbitcoins or Binance.
We will help you through the process if you get stuck.
The entire registration process takes no longer than 5 minutes.
The KYC (Know Your Customer) process
Once you have registered with either Localbitcoins or Binance, you will need to do a KYC (Know Your Customer) ID verification process with us.
To see what we require, go to our ID verification page. We recommend that you prepare the KYC requirements prior to opening a trade to make the trade run smoothly.
In summary, the KYC requirements you need to send us are:
- A copy of your Australian ID that matches your Localbitcoins or Binance account.
- A selfie with you holding the same Australian ID as well as a handwritten note saying “I’m a customer of McLeod Pacific Investments/Bitcoin_Cam”.
- Your Australian Mobile Phone number that a McLeod Pacific Investments team member can call you on to discuss your Bitcoin trade.
Lock in the Trade and Payment
Once you have verified your ID with us, we will forward you a trade link which lists our rate and banking options. We ask you to then advise which bank you will be depositing at and approx. time you will be making payment.
You then go to the bank and make the deposit. Its vital that you keep the deposit receipt as you will need to write on it “For purchase of Bitcoin from McLeod Pacific Investments for Investment – No refund” on it. You then send that deposit receipt to us.
Bitcoin trade is executed
Once we confirm receipt of cash deposit payment and your deposit receipt, we advise either Localbitcoins or Binance to release the Bitcoin. For the most part this occurs within minutes of you forwarding payment advice to us.
Once the Bitcoin is released from escrow it is made available instantly in either your Localbitcoins or Binance Bitcoin wallet and the trade is completed.
In addition to keeping you abreast with the entire trade process, we then leave you some stellar feedback (and we hope you do the same for us) and the trade is completed.
IT’S THAT EASY!
If you have any queries about the process – please feel welcome to Contact Us and a McLeod Pacific Team Member will guide you through the process.
Buy Bitcoin with Bank Transfer
PAY BY BANK TRANSFER
Register with Localbitcoins or Binance
You will first need to register with the Localbitcoins or Binance trading platforms.
A McLeod Pacific Investments team member will gladly walk you through the process if you have any problems.
The KYC (ID Verification) process
Once you have registered with Localbitcoins or Binance, we will need you to do a KYC (Know Your Customer) ID verification process.
To see what we require, go to our ID verification page. Accordingly we recommend that you prepare the KYC requirements prior to opening a trade. Subsequently this make the trade run smoothly.
In summary, the KYC requirements are:
- A copy of your Australian ID that matches your Localbitcoins account.
- A selfie with you holding the same Australian ID as well as a handwritten note saying “I’m a customer of McLeod Pacific Investments/Bitcoin_Cam”.
- Your Australian Mobile Phone number that a McLeod Pacific Investments team member can call you on to discuss your Bitcoin trade.
- Send through a photo of your bank account information. We will ask you to cover up pertinent information, i.e. your balance and account number, we only need to confirm that the money is coming from an account in your name.
Lock in your trade and payment.
A McLeod Pacific Investments team member will then send you a trade link which will have the rate and our banking details. If you are happy with the rate you can lock in the trade. Subsequently the Bitcoins for the trade are then automatically locked in escrow.
Once you have made payment*, you then send us a screen shot of the payment.
* There are multiple McLeod Pacific Investments bank accounts with OSKO we can offer or Internal bank (ANZ to ANZ as an example) transfer options. Subsequently this will expedite the clearance of payment in most cases.
We release the bitcoin
Once we receive the screen shot of payment and confirm the funds have cleared into our account, we execute the trade. This involves us advising either Binance or Localbitcoins to release the Bitcoin held in escrow to your Localbitcoins or Biance wallet. This happens within minutes of McLeod Pacific Investments confirming receipt of payment.
- Accordingly, please note to avoid any delays with release of bitcoin, always check with your bank about transfer times. We strongly suggest not trading via Bank Transfer on a Friday if you are unsure of clearance times as it might mean that we cannot release until the following Monday when payment clears.
We pride ourselves on helping traders throughout the trading process. Therefore, do not hesitate to contact us on 0406 594 829 if you have any questions before or during the trade process.
BUY BITCOIN IN PERSON - CASH OR BANK TRANSFER
PAY IN PERSON
Contact us to request in person trade.
Contact Us and let us know the amount you are wanting to trade. We then advise of an approx. rate and availability.
Moreover, you can either come to our office or we can meet at a mutually agreeable venue.
The KYC process
We appreciate that everyone’s time is valuable. Therefore we ask that you forward us the KYC requirements as listed on our ID verification page prior to meeting to trade. You can forward this to us via email.
Generally, in the case of bank transfer payments in person we will also need you to forward us a copy of your bank details. Furthermore, we ask that you cover your pertinent details (account balance and account number) as we only need to confirm the bank account is held by you.
Trade meeting – person to person.
A McLeod Pacific Investments team member will then meet you and lock in a rate for you. This rate will be at the indicative (same percentage) as the one quoted to you on the phone or via email in your initial discussion with us so that there are no surprises!
Payment is made either via cash to the McLeod Pacific Investments team member. Conversely in the case of bank transfers we confirm bank accounts prior meeting to be sure the transfer will be instant.
We transfer the Bitcoin to you
We will then send the Bitcoin to you via our bitcoin wallet to your bitcoin wallet. This process normally takes no more than 10-20 minutes. During this time, we issue you an invoice, put on a coffee for you and talk shop whilst you wait for the transfer to clear into your wallet.
GET IN TOUCH
Are you ready to trade in Bitcoin? Contact us!
Reach out today and we can assist with any enquiries you might have about trading in Bitcoin.
- contact@mcleodpacific.com.au
- +61 406 594 829
- @McLeodPacific
- +61 406 594 829
- Palm Beach Queensland 4221, Australia
