Buying crypto in Australia is becoming easier by the day. We’ve already seen some of the largest crypto exchanges in the world, such as Coinbase, begin to open their doors in Australia, but there are still plenty of options out there when it comes to buying crypto.
In this article, we highlight some of the best places to buy crypto in Australia. The list includes some of the cheapest places to buy crypto, as well as some great options for those who want to buy with AUD.
Table of Contents
The best answer to your question ‘where to buy Crypto in Australia?’. CoinSpot is one of the leading crypto exchanges in Australia and has been operating since 2013. CoinSpot offers a straightforward experience, making it ideal for those who are new to cryptocurrency.
Another reason why CoinSpot is so popular for Australian crypto users is that it supports over 100 cryptocurrencies including some lesser-known coins like Reddcoin (RDD), Vertcoin (VTC), and Potcoin (POT). If you’re looking for an exchange that supports a wide variety of altcoins, CoinSpot could be a good fit for you.
CoinSpot is one of the most popular places to buy cryptocurrency online in AU. This exchange allows users from all over the country to buy and sell several different cryptocurrencies. You can use Australian dollars or cryptocurrency to fund your account and then trade on their exchange. They have a relatively small order book but it is possible to purchase a wide variety of digital currencies including Bitcoin, Ethereum, Ripple, Litecoin, Dash, Bitcoin Cash, and others.
The best thing about CoinSpot is how easy it makes it for Australian customers to deposit funds into their exchange account using PayID or BPAY which are both available through commercial banks in Australia. It also allows users to deposit funds into their accounts through POLi Payments which is an Australian web wallet that facilitates instant bank transfers between companies and individuals.
The Independent Reserve Exchange
Possibly one of the largest cryptocurrency exchanges operating in Australia, Independent Reserve charges a 0.5% commission on all transactions. The exchange is well-known throughout the community and is generally considered to be reliable and trustworthy. It offers both AUD and USD trading pairs for a number of different cryptocurrencies, including Bitcoin, Ethereum, and Ripple.
Coinbase is a popular international exchange that allows users to make AUD deposits via bank transfer or credit card. Trading fees are about 3%, with an additional 5% fee charged when using a credit card. Trading pairs include BTC/AUD, ETH/AUD, LTC/AUD, and BCH/AUD.
The most popular exchange in Australia is Coinbase, which offers both a website and a mobile app. It’s one of the easiest ways for beginners to buy their first cryptocurrency (like Bitcoin or Ethereum), as well as trade other coins like Ripple XRP and Litecoin LTC.
Coinbase has over 20 million users around the world, making them one of the biggest exchanges out there! The platform charges fees based on how much currency you buy or sell each month: $0–$10k = 1%; $10k–$100k = .5%; $100k+ = .25% for buying/selling via bank account only (2.99% if using credit card).
CoinJar is one of Australia’s largest exchanges, allowing users to buy and trade Bitcoin and Ethereum. Users can also use CoinJar Swipe, a Visa-powered debit card that allows users to spend their crypto at over 50 million locations worldwide. CoinJar also has an EFTPOS card that allows users to deposit their crypto earnings into their bank accounts instantly. CoinJar supports bank transfers and credit/debit card payments. CoinJar also has an iOS app where you can manage your crypto assets on the go.
Australian Crypto Exchange, or ACX, is a platform where users can purchase Bitcoin using AUD or SGD. The verification process is simple, and you can start buying from as little as $50 worth of Bitcoin. It’s also one of the few exchanges where you can buy Bitcoin using PayPal!