Elbaite

Elbaite is an Australian cryptocurrency platform that combines an exchange with a separate peer-to-peer marketplace, where the purchased crypto goes to the user's own wallet. It also offers OTC brokerage service.

Accounts and clients The platform offers personal, corporate, trust and SMSF accounts, so it serves individuals, companies, trusts and self-managed superannuation funds. The model is described as a hybrid: a custodial exchange alongside a non-custodial marketplace.

Assets and payments The listed crypto assets are BTC, ETH, DOGE, SOL, ADA, USDT, XRP and USDC. The fiat currency is AUD, and the payment methods named are bank transfer and PayID, the Australian instant payment addressing service.

What to confirm Fees, limits, settlement times and the identity verification requirements are not specified in the material available, and regulatory status has not been checked against a register. Clients who need a licence or registration reference, especially corporate and trust accounts, should ask the platform for the details of the serving legal entity.

Who it suits The combination of exchange and P2P marketplace will interest Australian users who want to buy crypto with AUD and keep it in their own wallet. Trusts and SMSFs, which are less commonly served, can find a ready account type here, as can larger clients considering the OTC desk.