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Rated 5 out of 5 stars

I have been a Bitaroo customer a long time, and Bitaroo is by far the most convenient and easy method for adding Bitcoin to your portfolio. There's multiple ways to manage the account but my favourite... See more

Rated 5 out of 5 stars

Wow Bitaroo... What else can I say other than this Australian company is ticking all the boxes for me in regards to ease of use, security and peace of mind when it comes to my investment choices. Ke... See more

Rated 5 out of 5 stars

Bitaroo is a fantastic Bitcoin-only exchange that’s packed with useful features. I’ve easily set up DCA and automated almost everything - deposits, purchases, even withdrawals. They’re quick to roll o... See more

Company replied

Rated 5 out of 5 stars

I like that it's Bitcoin only so you can recommend it to new customers and worry they will be sidetracked into some sh!tcoin scam. Lightning withdrawals a real bonus and show they value their custom... See more

Company details

  1. Cryptocurrency Service
  2. Currency Exchange Service

Written by the company

Australia's Biggest Bitcoin Only Exchange


Contact info

You should know

4.3

Excellent

TrustScore 4.5 out of 5

88 reviews

5-star
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Rated 5 out of 5 stars

Bitaroo 4 LYF

I highly recommend Bitaroo as the number one Bitcoin exchange platform. I have always received prompt help when needed and low fees when purchasing Bitcoin. Thank God for Bitaroo!

April 28, 2025
Unprompted review
Rated 5 out of 5 stars

Bitaroo Wackydoo!

Wow Bitaroo...
What else can I say other than this Australian company is ticking all the boxes for me in regards to ease of use, security and peace of mind when it comes to my investment choices. Keep up the great work team!

April 24, 2025
Unprompted review
Rated 5 out of 5 stars

The only $AUD to BTC I would recommend…

I have been a Bitaroo customer a long time, and Bitaroo is by far the most convenient and easy method for adding Bitcoin to your portfolio. There's multiple ways to manage the account but my favourite by far has been setting up OSKO pay ID for auto-buy. Transfer $AUD a little each pay, automatically converted to BTC in your Bitaroo account. I use it like a high interest savings account, Bitaroo makes that possible - cannot thank them enough for this amazing yet easy to use service!

March 13, 2025
Unprompted review
Rated 5 out of 5 stars

I've been using Bitaroo for >2 years…

I've been using Bitaroo for >2 years and can't recommend them enough, they are all I need for bitcoin. Actual human support via email with fast responses. The platform is focused purely on Bitcoin (no crypto scams = high integrity) with a clean and lightweight interface. They keep improving, rolling out features like free Lightning deposits and withdrawals. I've had zero issues buying, selling, or withdrawing to cold storage. I also use Bitaroo for my SMSF, which has been a big win. Highly recommended.

April 22, 2025
Unprompted review
Rated 5 out of 5 stars

So far so good

I am new to Bitaroo, but find it easy to use and the security level is high. The interface is easy to follow and intuitive.

April 21, 2025
Unprompted review
Rated 5 out of 5 stars

Simple to use

The only issue I have with it is for some reason the ap doesn't let me trade. However, it's also simple to log in on my browser and trade that way. I am enjoying learning about bitcoin

April 21, 2025
Unprompted review
Bitaroo logo

Reply from Bitaroo

Hi there,

Thanks for the 5-star review and sorry to learn about the issues you are experiencing with the app 😢

Could you please contact support so we can troubleshoot it for you? 🙏

Rated 5 out of 5 stars

I love Bitaroo

I love Bitaroo, it is a really simple platform that makes trading in BTC super easy. I really like the PayID -> Autobuy feature. Helps me DCA in the background.

April 9, 2025
Unprompted review
Rated 1 out of 5 stars

Bitaroo Scam

Scam alert ! The worst experience with bitaroo ! Do not trust these people. You have been warned ! Be prepared to lose money.

They asked me to make a video to prove my identity and asked a whole bunch of really private questions and at the end they closed my account. I ended up losing alot of money, they don't even have a phone number! Very shady group hiding behind keyboards.

They use fake names which is really weird, if you use more money to buy, they will tell you " oh we have found a glitch in the system and you need answer questions as it's part of compliance" they will then cancel your account and tell you that they can't tell you why they deleting you.

You have to be very careful with these people. Fake people with names like Ben, Grace etc. Down right SHADY. The moment you question these cons they will block you.

February 27, 2025
Unprompted review
Bitaroo logo

Reply from Bitaroo

Hi T H,

We’re sorry to hear about your experience.

At Bitaroo, we take compliance and security very seriously. As a regulated digital exchange, we are legally required to conduct Enhanced Due Diligence (EDD) when necessary, which may include additional verification steps such as a video selfie and further identity confirmation. This is a standard practice to ensure the safety of our platform and its users.

If an account is closed for any reason, users always retain access to their funds and can withdraw them to their bank account. We do not withhold funds or engage in any fraudulent activity.

Regarding support, we provide assistance via our ticketing system, and phone support is available for Skippy Premium users.

Misinformation helps no one; we always aim to resolve concerns fairly and transparently.

Regards,
The Bitaroo Team

Rated 1 out of 5 stars

I deposited $50 on the bitaroo.com.au…

I deposited $50 on the bitaroo.com.au site yesterday from my bank account, and it is still pending.
I have had tis account for over a year and have nt used it for a while.
The funds were sent OSKO so they have them, and have not credited them to my account. I sent them a support ticket and got a ridiculous reply back that they will check with their compliance department and get back to me in one to two days .
Definitely the last time I will put a cent on this rubbish site.
As you can further read th lame response I received from this idiotic site.
I'm a money launder or as I was trying to pass a $50 stollen funds from my bank account.
This seems to be a pathetic weak minded attitude that nearly all so called Aussie crypto selling sites that they promote themselves to be.
They actually rejected my $50 and sent it back to my bank account.
Goodby forever Bitaroo.com.au

February 4, 2025
Unprompted review
Bitaroo logo

Reply from Bitaroo

Hi Stephen,

We are sorry to hear about your experience.

We want to clarify that delays in deposits can sometimes occur due to the need for human involvement and enhanced due diligence to comply with AML/CTF regulations. These checks may apply to any transaction, regardless of the amount.

Bitaroo is committed to resolving any issues. Although we have noticed you have left multiple 1-star reviews across several businesses, including ours, we take customer satisfaction seriously and will use this as an opportunity to improve our service.

Regards,
The Bitaroo Team

Rated 3 out of 5 stars

My name is David Bradley

My name is David Bradley. I recently tried to open an account with Bitaroo. I went through the identification process but when I had to identify the address on my driver's licence I had a problem with my bank statement which had my postal address. In contrast, my driver's licence had my physical address on it. How do I overcome this anomaly?

November 1, 2024
Unprompted review
Bitaroo logo

Reply from Bitaroo

Hi David,

Thank you for sharing your experience.

We understand the frustration caused by the system being unable to complete your verification process.

To resolve this, could you please contact our support team at https://support.bitaroo.exchange/hc/en-au/requests/new? We will then be able to investigate further and work to resolve the issue as quickly as possible. We are always here to help!

Best regards,
The Bitaroo Team

Rated 5 out of 5 stars

Best in Australia

Bitaroo is a fantastic Bitcoin-only exchange that’s packed with useful features. I’ve easily set up DCA and automated almost everything - deposits, purchases, even withdrawals. They’re quick to roll out new features, and their strong focus on security really puts my mind at ease. The customer support is also great, resolving any issues - even on weekends! Their app is super easy to use and makes trading seamless. I also appreciate that they focus solely on Bitcoin - it gives me confidence in their integrity, which is why I’ve also set up my SMSF with them. Happy customer!

October 21, 2024
Bitaroo logo

Reply from Bitaroo

Thanks for the awesome feedback!

We are thrilled to learn that you’re enjoying the features and ease of use on Bitaroo, and that our focus on Bitcoin and security gives you confidence.

It’s great to know our support team has been there for you when needed 🙏

We are excited to continue delivering new features that enhance your experience and are honoured to be a part of your SMSF journey.

Thank you for choosing Bitaroo ❤️

Rated 1 out of 5 stars

Bitaroo SCAM people

after so many verification my limt was 250k.
Pay $39500 to buy BTC , could not processed for 5days,on the end Bitaroo suspended my acc. for 3 months. lost 2236.33 on Bitaroo incompetency business practice. The must be doing for reason to SCAM people. This company is a Fraud . ASIC will have to INVESTIGATE .

October 1, 2024
Unprompted review
Bitaroo logo

Reply from Bitaroo

Hi Andrew,

Thank you for sharing your experience.

We are genuinely sorry to hear about your frustrations.

Please know that we strictly follow regulations to ensure security and compliance. Generally speaking, when unusual activity is detected on an account, we are required to perform Enhanced Due Diligence (EDD). If responses during this process significantly differ from the activity observed or certain questions go unanswered, we must take appropriate action to remain compliant.

As for the fees mentioned, we wish they were as high as that! Our actual fees are much lower and clearly outlined on our Fees page. Price fluctuations may have caused some confusion, but understandably, those are beyond our control.

We also note your other TrustPilot feedback about being scammed by a different company. This is a prime example of the type of situation we work hard to prevent for our users by taking necessary precautions against third-party risks.

Thank you for your understanding. We remain available if you have any further questions.

Rated 1 out of 5 stars

I did the required video

I did the required video, deposited funds from Revolut. It is classed as a third-party and not accepted so the funds went back to my account.

I deposited the funds from another bank that was stopped with the same message.
It was released into my account. I bought bitcoin. I tried to withdraw it.
Screen came up that it was pending if it didn’t go through in 24 hours contact Support. I contacted Support eventually I got this reply

As a precautionary measure due to abnormal activity on this account, BTC withdrawals have been temporarily disabled for a minimum period of 3 months.

Please feel free to reach out to us after this period if you wish to request a change.

Any pending bitcoin withdrawals have been cancelled. However, the account is fully accessible for all other actions, allowing you to deposit AUD, buy BTC, sell your BTC or pay a bill with BPay at any time.

I understand that the inability to withdraw BTC may not be the outcome you were hoping for. On a positive note, you still have the flexibility to buy, hold, and sell BTC as desired.

I asked whether it was my account because The only thing I had done was deposit funds and buy bitcoin
The reply is, something like, they’re not obliged to tell you
I can only say bad experience, and waste of my time and effort.
And around $10.

June 28, 2024
Unprompted review
Bitaroo logo

Reply from Bitaroo

Hi Kerry,

We are sorry to hear about your experience and the inconvenience it has caused. We understand how frustrating this situation must be.

Our system and procedures are dedicated to ensuring compliance, security, and the integrity of our platform. As a result, there are times when we must take precautionary measures, and unfortunately, we are unable to share specific details due to regulations.

While we can't comment directly on your account, we can assure you that our processes are in place to protect all users.

We are happy to look into the $10 loss you mentioned and see if we can resolve this issue. Please contact support and we'll investigate it for you.

Best regards,
Bitaroo Exchange

Rated 5 out of 5 stars

I gave Bitaroo 4 stars

I gave Bitaroo 4 stars, for ease of use, a nice basic trading option, low fees, better bitcoin prices than their main opposition. They even support Lightning for faster transfers if the receiving wallet does as well. Also, you can set your own Bitcoin network transfer fee from 3 options, Fast, Medium and Slow, which is great. Just be aware that the cheapest option may slow up confirmation of your transfer to days, not hours. (I had one transfer to my self custody wallet that took 3 days to be confirmed, so be aware that if there is a lot of action happening with Bitcoin traffic at the time, it could be quite slow if you choose the cheapest fee). Like any reputable exchange, you will need to undergo their KYC procedures, but I found the process to be very quick and I was buying and trading in no time. The support is excellent. Having used a number of exchanges, I can say that Bitaroo offers a top notch experience, better than most. They also have Vault, which is their self-custody wallet for which they charge an ongoing fee based on the value of your stored bitcoin. The only downside is that this option might be a little expensive if you have to store a lot of BTC. Perhaps another option, paid up front, would be more attractive to some users?

Bitaroo also supports API syncing to your crypto tax software, which will come in handy at tax time.

With an app for smartphones as well as desktop ability, you are well covered to manage your Bitcoin.

There is always room for a little improvement, but overall, Bitaroo offers a great experience for both seasoned Bitcoin traders and novices.

Edit 3/6/2024: After using Bitaroo for a number of trades, I feel that an update is order.

I had been putting through some daily buy orders using their trading platform and when transferring Bitcoin to my self custody wallet, something must have triggered an anti-fraud alert. I contacted them and I had to perform a requested procedure to assure them that all was well before they would release my Bitcoin. Now this could be considered by some to be an inconvenience, but really it's somewhat reassuring to know that Bitaroo has my back. I would consider this to be another layer of security protecting their customers from scammers. So while the procedure was was a slight inconvenience, it's actually great customer service. Hence the upgrade to 5 Stars :)

May 31, 2024
Unprompted review
Bitaroo logo

Reply from Bitaroo

This is the most detailed review to date. Thank you!

We continue to build the app (and the web platform) so we hope we'll be worthy of 5 stars from you in the future 🙏

Edit: thank you for updating your review to 5 stars! ❤️

Rated 5 out of 5 stars

Top notch Aussie Bitcoin only exchange

I have been a Bitaroo user for around a year and my experience has been nothing short of amazing.

Purchases are always completed with ease and their customer service is very prompt to reply to any queries. Their system also integrates flawlessly with Koinly for tax time.

Cannot recommend them enough, extremely impressed.

February 5, 2024
Unprompted review

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