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Independent Reserve review: score, licensing and risks

74/100SCORE · BTrusted Grade B, very good

Independent Reserve is licensed in Australia and Singapore and has run since 2013 without a security incident. It publishes proof of reserves and has strong local currency rails. The asset list is deliberately small.

The facts

FOUNDED
2013
HEADQUARTERS
Sydney, Australia
CUSTODY
Custodial.
MiCA / EEA
Not applicable. Australia and Singapore focused.
US ACCESS
No.
PROOF OF RESERVES
Publishes proof of reserves.
FEES
Around 0.02 to 0.50 percent tiered.
ASSETS
30 plus

How the score breaks down

regulation20/25
security20/25
costs12/15
assets7/15
platform7/10
support8/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • Licensed in both Australia and Singapore
  • Over a decade with no security incident
  • Publishes proof of reserves
  • Excellent AUD and SGD rails
✗ Weaknesses
  • Small asset list
  • Australia and Singapore focused
  • Limited advanced trading

Incident history

No major security breach or regulatory action on record.

Our read

A conservative, properly licensed regional exchange with a spotless record. Exactly what you want for holding majors in AUD or SGD, and not built for anything more exotic.
COMPARE
RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.