- Simple, fast, and easy crypto exchange
- Highly reputable and secure
- Regulated cryptocurrency exchange
- No fees
- Limited cryptocurrency assets (only Bitcoin, BTC)
- Prices may be higher than other crypto exchanges
- Lacking advanced features
HardBlock is well established cryptocurrency exchange for the buying and selling of Bitcoin (BTC) in a fast and easy way. HardBlock offers their services primarily to Australian residents and is based in Adelaide, South Australia with their registered headquarters located at 19 Ulva Avenue, Warradale SA 5046. The HardBlock exchange is owned and operated by a company called HardBlock and is registered in Australia under business number: 82 759 501 160. HardBlock may be a small and largely unrecognized cryptocurrency exchange, but it is very well established and regulated by the Australian Securities and Investments Commission (ASIC). Therefore, HardBlock is a legitimate and reliable place to buy and sell Bitcoin for Australians and traders from around the world. Since HardBlock is a licensed and regulated cryptocurrency exchange, should you trade with HardBlock? Find out in the following review where we analyze every aspect of this cryptocurrency exchange and discover what they have to offer and whether they can be trusted or not.
The HardBlock cryptocurrency exchange platform was built and designed in such a way that literally anyone could buy and sell Bitcoin (BTC) easily and quickly. The trading platform is web-based and accessible by any desktop computer or mobile device via the web browser interface. The user interface is intuitively designed and easy on the eyes. Upon logging in, the user will clearly know what they can do as the user dashboard is very simple without any fancy bells and whistles. To the left of the screen is a simple menu consisting of Dashboard, Buy/Sell, Deposit BTC, Withdraw BTC, Deposit Fiat Currency, Withdraw Fiat Currency, and Two Factor Authentication. The platform is definitely not for someone looking to conduct in-depth technical analysis, fundamental analysis, advanced order types, or day trade. Traders can simply place a buy or sell order set at the market rate Bitcoin is being traded. The trading platform is simple, fast, secure and easy
HardBlock only supports the buying and selling of Bitcoin (BTC) in exchange for Australian Dollars (AUD). HardBlock was built on the idea of simplicity and has stuck true to this over the years. HardBlock is essentially exactly the same as they were when they launched in 2014. The team behind HardBlock prefers not to add additional cryptocurrency assets as they strongly believe in Bitcoin (BTC) as the number one cryptocurrency that matters. They want to make Bitcoin available to everyone without the complication of additional cryptocurrency assets.
Fees and Commission
As mentioned before, HardBlock’s primary goal is to provide a simple and easy to use service for buying Bitcoin as they believe in Bitcoin and what it stands for. In doing this, the HardBlock exchange decided to charge zero fees for using their service. There are no fees for deposits and withdrawals, and there are no fees for buying or selling bitcoin. HardBlock is dedicated to the adoption of Bitcoin and wants to make it as accessible to people as possible. However, HardBlock does make money via the spread when buying or selling Bitcoin. Also, the buy prices may be higher than some other exchanges and the sell prices may be lower. Therefore, a user should look at the prices on other crypto exchanges and compare it with HardBlock’s price to ensure the prices are reasonable. They must also take into consideration the associated fees as well as the price on other cryptocurrency exchanges. All in all, HardBlock is a very good place to buy or sell Bitcoin as the quoted prices are generally very similar to other crypto exchanges.
Security and Fairness
HardBlock is a very safe and secure cryptocurrency exchange as they are well established being founded in 2014, and they are licensed and regulated by the Australian Securities and Investments Commission (ASIC). As well, user accounts are protected by two factor authentication for logging in and making withdrawals. Other security measures implemented by HardBlock include advanced SSL encryption on all transmitted information, the close monitoring of exchange operations, and the majority of user funds are stored offline in secure cold storage wallets. All in all, HardBlock is a very safe, fair, and secure cryptocurrency exchange with a good track record.
The support offered by HardBlock is very limited, but this is largely because the exchange service is so simple and easy that support is rarely required. Any question a user has can generally be found on the websites FAQ page and if not, users can email support. The support representatives are very friendly and generally quick to respond with concise and easy to understand answers. All in all, the level of customer support is limited but sufficient.
HardBlock provides a very simple, easy, secure, and fast way to buy or sell Bitcoin. The exchange has a great reputation and is a licensed and regulated cryptocurrency exchange based in Australia. Their crypto exchange service is primarily for new and beginner users who simply want to acquire or sell some Bitcoin. HardBlock charges zero fees and their prices are comparable or a little higher than other cryptocurrency exchanges. All in all, HardBlock excels at the services they set forth to provide and can be trusted with your funds and information.
The following are the common questions that customers inquired about HardBlock.
Is HardBlock regulated?
Yes, it is regulated by the Australian Securities and Investments Commission (ASIC).
Is HardBlock a scam?
No, HardBlock is a legit crypto exchange and it’s licensed in Australia.
Where is HardBlock based?
HardBlock is based in Adelaide, South Australia with their registered headquarters located at 19 Ulva Avenue, Warradale SA 5046.