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AUD 2021: Buying Bitcoin Easily In Australia – How To Start

Australia has become a booming market for digital currencies. Since its adoption in 2013, many Australian investors have put their pennies in the market. Today, Australia is a notable market by becoming the 13th largest market for the BTC market. With progressive regulations and policies in place, buying Bitcoin with the Australian Dollar (AUD) requires no stress with legalized cryptocurrency exchanges. In this article, you will learn how to buy Bitcoin through the best Australian Exchanges.

TOP AUSTRALIAN EXCHANGES TO BUY BITCOIN

  1. SWYFTX

Swyftx is one of the best Cryptocurrency exchange platforms in Australia. It allows users to buy, sell, or trade over 200+ cryptocurrencies with the AUD. Registered by AUSTRAC, it offers users simple ways to invest in crypto assets. With Swyftx, you have access to charts, leverages, funding, and many other advantages. Since the platform was created to help users invest with ease, Swyftx has partnered with global exchanges to provide liquidity across various trading pairs. It operates to find the best prices in AUD and give low spreads to users. It has a desktop and mobile app designed for interested investors to aid their trading activities. Unlike other exchanges, you don’t have to wait for hours before completing the verification process. To get started with Swyftx, create an account here.

FEATURES

  • Fast verification process
  • Supports payment methods like Bank Transfer, Credit Card, POLI, and PayID
  • A trading fee of 0.6%
  • Deposit and Withdrawal costs $2 for transactions of less than $200
  • Mobile app for Android and iOS users
  • High liquidity
  • Simple user interface
  1. BINANCE

Binance is one of the world’s fastest  exchange sites with over 200+ cryptocurrencies. It gives users access to buy, sell, or trade with several cryptocurrencies or hundreds of trying pairs. It offers instant deposit and withdrawal with PayID/Osko. With Binance, you have access to numerous features such as spot and margin trading, derivatives and leverage tokens, secured wallets, crypto loans, and staking, trading charts, and more. It accepts different payment methods including, bank deposits and cards. As for trading fees, it is 0% – 0.1% of your transaction. To get started with Binance, create an account here.

FEATURES

  • Offers 200+ cryptocurrencies
  • A low trading fee of 0.1%
  • Multiple trading pairs
  • Spot, margin, and futures trading options
  • Very high liquidity
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  1. DIGITAL SURGE

Digital Surge is an Australia-based cryptocurrency exchange that is viable for beginners investing in cryptocurrency. With over 200+ cryptocurrencies, users can buy, sell, or trade using the Australian Dollar (AUD). It offers a simple verification process that allows users to buy or sell cryptocurrencies through guided steps. With its portfolio viewers, users have access to view the overall investment performance and know which coin is doing best or not. It charges a flat fee of 0.5% and also supports different payment methods. It allows users to pay their bills via cryptocurrencies. To get started with Digital Surge, create an account here.

FEATURES

  • Best crypto exchange for beginners
  • Mobile app for Android and iOS users
  • A flat fee of 0.5%
  • Supports payment methods via POLi, PayID, deposits, and BPAY.
  • 24/7 Customer support
  1. COINJAR

COINJAR is another cryptocurrency exchange that supports the buying and selling of digital currencies through the Australian Dollar. With over 400,000 users, it is a suitable platform for beginners and advanced users. It offers varieties of crypto products such as crypto debit cards, crypto EFTPOS cards, and secured wallet applications for mobile devices. It accepts multiple payment methods and charges a flat fee of 1% COINJAR also offers top-notch security for its users by storing their funds in an offline cold wallet.It provides extra security measures by protecting user’s information through data encryption, Transport Layer Security (TLS), and more. Its mobile app is available for Android and iOS users. 

FEATURES

  • Simple user interface 
  • Supports multiple payment method such as bank transfer, bank cards, deposits, SWIPE, BPAY, and more
  • A flat fee of 0.2% – 1%
  • Advanced security system
  1. CoinSpot

Established in 2013, CoinSpot is another Australian exchange site that supports the buying and selling of digital currencies. With over 200+ cryptocurrencies, it supports various payment methods such as cash deposits, wire transfers, POLi, BPAY, PayID, and more. It charges a trading fee of 1% and offers OTC for large investments. CoinSpot simplifies investments by offering different packages for crypto-assets. Each package is in different categories such as Top 3, Top 10, Privacy coins, and more. Also, CoinSpot stores clients’ funds with utmost security until it is transferred to a hardware wallet. Its mobile app is available to Android and iOS users. To get started with CoinSpot, create an account here.

FEATURES

  • Offers a wide range of cryptocurrencies
  • Top-notch security that meets ISO standard
  • A flat fee of 0.1% & 1%
  • Over the Counter (OTC) Support for large investment
  • Supports payment methods such as cash deposits, bank transfers, POLi, BPAY, PayID, and more.

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