Buy Crypto & Bitcoin in Australia

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  • Popular Exchanges to Buy Crypto & Bitcoin in Australia
  • coinspot logo
    CoinSpot
    BUY NOW at CoinSpot's Secure Site
    Fees
    0.1% - 2.50%
    Account Minimum
    None
    Promotion
    None
    • Crypto exchange based in Australia
    • Free & instant deposits
    • Large selection of cryptos & live chat support
  • SwyftX exchange logo
    SwyftX
    BUY NOW at SwyftX's Secure Site
    Fees
    0.6%
    Account Minimum
    $30
    Promotion
    None
    • Crypto exchange based in Australia
    • Supports credit card buying
    • Easy to use interface
  • Coin Jar logo
    CoinJar
    BUY NOW at CoinJar's Secure Site
    Fees
    1% - 2%
    Account Minimum
    $5
    Promotion
    500 CoinJar Points
    • iOS & Android apps that let you trade
    • Instant bank transfer with PayID / Osko / NPP
    • Australian crypto exchange established in 2013

CoinSpot, established in 2013, is a popular Bitcoin & cryptocurrency exchange based in Australia. CoinSpot provides a simple and easy to use interface with a wide selection of features. Users can deposit via POLi, PayID, BPAY, cash deposit or direct deposit.

The exchange supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) & 100+ other coins. OTC trading is also available.

This is an ad. We may receive compensation when you use CoinSpot. Please visit CoinSpot for its exact pricing terms.

Pros
  • Local exchange based in Australia
  • Wide range of cryptocurrencies
  • Free & instant deposits
  • Registered with AUSTRAC
  • Support available 24/7
Cons
  • ID verification required when depositing funds
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
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Fees
Low
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Reputation
Trusted
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Limits
High

Swyftx, established in 2017, aims to make crypto buying super simple for beginners with an easy to understand user interface, great guides, fast chat support, and an app for every device.

This is an ad. We may receive compensation when you use Swyftx. Please visit Swyftx for its exact pricing terms.

Pros
  • fast chat and phone support
  • 230 trading pairs
  • multiple payment methods
  • Supports automatic recurring purchases
  • Instant verification
Cons
  • ID verification required when depositing AUD
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

Established in 2013, CoinJar is the easiest way to buy, sell, store and spend digital currency. CoinJar's iOS and Android apps allow users to trade cryptocurrencies on the go, while CoinJar Exchange and CoinJar OTC Trading Desk cater for professional traders, as well as SMSF, individuals and institutions looking to make larger transactions.

This is an ad. We may receive compensation when you use CoinJar. Please visit CoinJar for its exact pricing terms.

Pros
  • Low trading fees at just 1%
  • Clean interface makes it easy for first-time buyers
  • Instant bank transfer with NPP / Osko / PayID
  • Australian crypto exchange established in 2013
Cons
  • Verification required in order to trade
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Ease of Use
Easy
privacy icon
Privacy
Low
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Speed
Average
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Fees
Low
reputation icon
Reputation
Average
limits icon
Limits
High

easycrypto.com is a non-custodial exchange that supports over 40 cryptocurrencies including Bitcoin, Ethereum, and XRP. They also offer a full OTC desk for Corporate and SMSF trading. Best of all is their simple 1% fees with no hidden costs added at checkout.

This is an ad. We may receive compensation when you use easycrypto.com. Please visit easycrypto.com for its exact pricing terms.

Pros
  • Non-custodial
  • low 1% fees
  • Fees are easy to understand - no hidden fees
Cons
  • Few payment options, but more coming later this year
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Ease of Use
Easy
privacy icon
Privacy
Low
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Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

Established in 2013, Independent Reserve is one of the most trusted exchanges in Australia & New Zealand. It caters to retail users, traders, SMSFs and institutions. You can buy Bitcoin using EFT, Osko/PayID, POLi and SWIFT. They use encrypted, geo-dispersed data centres and top tier underground vaults to protect your data and crypto.

This is an ad. We may receive compensation when you use Independent Reserve. Please visit Independent Reserve for its exact pricing terms.

Pros
  • Supports automatic buying at set time interval
  • Wide range of payment methods
  • Support for AUD, NZD, and USD
  • Fees start at 0.5% but may fall as low as 0.05%, depending on trading volume
Cons
  • User interface is confusing for first time buyers
ease icon
Ease of Use
Average
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.

Deposits can be made quickly via bank transfer, SEPA, NETELLER, PayPal and more. It also offers unique features like copy trading.

Cryptoassets are highly volatile. Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Pros
  • Offers unique copy trading feature
  • Trusted exchange that has been active in traditional finance
  • Interface is clean and easy to use
Cons
  • You cannot deposit cryptocurrency, but you can deposit with other payment methods
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

You can use our Bitcoin ATM map to find a crypto ATM in Sydney. Bitcoin ATMs can be a quick and easy way to buy bitcoins. Most ATMs have fees of 5-10%.

You can use our Bitcoin ATM map to find a crypto ATM in Brisbane. Bitcoin ATMs can be a quick and easy way to buy bitcoins. Most ATMs have fees of 5-10%.

You can use our Bitcoin ATM map to find a crypto ATM in Melbourne. Bitcoin ATMs can be a quick and easy way to buy bitcoins. Most ATMs have fees of 5-10%.

BuyaBitcoinBuyaBitcoin

BuyaBitcoin is Australian Bitcoin broker. You can use the service to buy bitcoin via cash deposit for 4.9% fees. Your coins are usually delivered within an hour.

Pros
  • Fast delivery of bitcoins
  • Only verification required is a mobile phone number
Cons
  • High fees for buying bitcoins with cash
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Ease of Use
Easy
privacy icon
Privacy
Average
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Speed
Fast
fees icon
Fees
High
reputation icon
Reputation
limits icon
Limits
Average

Coin LoftCoin Loft

Coin Loft is an Australian Bitcoin broker. You can buy bitcoin with cash deposit, credit card, Flexepin, and POLi. If you purchase with cash, your coins are delivered within an hour.

Pros
  • Established and trusted broker
  • Wide range of payment methods
  • Only Australian service accepting Flexepin
Cons
  • 4% fee is rather steep for cash purchases
  • 9% cumulative fee for credit card purchases is very high
  • Identity verification is required, even for cash payments
ease icon
Ease of Use
Average
privacy icon
Privacy
Average
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Speed
Fast
fees icon
Fees
High
reputation icon
Reputation
Average
limits icon
Limits
Average

Digital SurgeDigital Surge

Digital Surge is an Australian exchange that offers safe and effortless trading to its customers. Take advantage of personalised customer support & no hidden fees. The price you see is the price you pay.

Pros
  • 250 tradable assets
  • Low fees
  • Guaranteed quotes
Cons
  • Identity verification required to deposit and withdraw AUD
  • Additional verification needed to withdraw crypto
ease icon
Ease of Use
Average
privacy icon
Privacy
Average
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Average
limits icon
Limits
Average

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Bitcoin & Cryptocurrency Trading in Australia



country image
Canberra - the capital of Australia

For Australians, one of the easiest ways to buy Bitcoin is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Australia, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.

Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet. If you don’t have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.


COMPARISON

ledger nano x folded

Ledger Nano X

  • SCREEN:
  • RELEASED: 2019
  • PRICE: $150
ledger nano s illustration

Ledger Nano S

  • SCREEN:
  • RELEASED: 2016
  • PRICE: $59
trezor model T

TREZOR T

  • SCREEN:
  • RELEASED: 2018
  • PRICE: $320
Trezor One

TREZOR One

  • SCREEN:
  • RELEASED: 2013
  • PRICE: $119

Another way to buy Bitcoins in Australia is through automated teller machines (ATMs). These ATMs allow users to instantly purchase the cryptocurrency using cash, and most of them only require a telephone number for verification, so long as you aren’t buying a lot of Bitcoin.

You can use our Bitcoin ATM finder to locate one near you:


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Best Bitcoin Wallets for Australia



There are three main types of Bitcoin wallet and all of them are supported in Australia:

  • Software (desktop or mobile - iOS and Android wallets
  • Hardware wallet
  • Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet.

Best for Security

ledger nano x

Ledger Nano X

Secure storage for any cryptocurrency

More About
Ledger Nano X

The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.

Temporary Wallet

zengo wallet logo

Coinbase

Best for storing crypto for short period of time

Learn More About
Coinbase

Coinbase is an easy-to-use iOS and Android crypto exchange and wallet. Start within 20 seconds.

Best for Desktop

electrum logo

Electrum

Simple yet powerful desktop wallet

More About
Electrum

Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.


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Ethereum How to Buy Ethereum in Australia


Ethereum (ETH) has established itself as the second most popular digital currency, after Bitcoin. Its smart contract features allow unique apps to be built on top of its platform. Below you will find exchanges in Australia that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.

  • Exchanges in Australia that Support Ethereum
  • CoinSpot
    • Supports Ethereum buying & selling
    Coins supported:
    Ethereum btc ltc doge usdt
  • Swyftx
    • Supports Ethereum buying & selling
    Coins supported:
    Ethereum btc ltc doge usdt
  • CoinJar
    • Supports Ethereum buying & selling
    Coins supported:
    Ethereum btc ltc

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Dogecoin How to Buy Dogecoin in Australia


Thanks to Tesla founder Elon Musk, Dogecoin (DOGE)—a coin that started as a meme about the shiba inu dog—has recently become a popular digital currency. Below you can find crypto exchanges in Canada that allow you purchase Dogecoin.

  • Exchanges in Australia that Support Dogecoin
  • CoinSpot
    • Supports Dogecoin buying & selling
    Coins supported:
    Dogecoin btc eth ltc usdt
  • Swyftx
    • Supports Dogecoin buying & selling
    Coins supported:
    Dogecoin btc eth ltc usdt
  • eToro
    • Supports Dogecoin buying & selling
    Coins supported:
    Dogecoin btc eth ltc

About Dogecoin: Dogecoin has become one of the most famous altcoin blockchains. Dogecoin was founded by Jackson Palmer and Billy Markus on December 6, 2013. Thanks to its popularity on Robinhood, it hit an all time high of $0.42 on April 20. Doge started the year at under $0.01 USD. It is an open source blockchain, meaning its code is publicly available for anyone to see.


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Litecoin How to Buy Litecoin in Australia


Litecoin (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Australia that allow you to buy litecoin and other crypto assets for good exchange rates.

  • Exchanges in Australia that Support Litecoin
  • CoinSpot
    • Supports Litecoin buying & selling
    Coins supported:
    Litecoin btc eth doge usdt
  • Swyftx
    • Supports Litecoin buying & selling
    Coins supported:
    Litecoin btc eth doge usdt
  • CoinJar
    • Supports Litecoin buying & selling
    Coins supported:
    Litecoin btc eth

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Exchange Hacks and Crypto Scams in Australia


As of January of 2021, we could find no exchange hacks or significant scams affecting Australia or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Australia.


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FAQ


What are Coinbase Fees in Australia?

There are no fees since Coinbase does not support Australian residents.

Can you Withdrawal from Coinbase Australia?

You cannot withdraw from Coinbase in Australia because Australian residents are not allowed to open accounts on Coinbase.

Can you Sell Crypto on Coinbase Australia?

No, Coinbase no longer supports Australia so you will need to use one of the other platforms on this page to sell your crypto.

Can Australians use the Coinbase App?

Australians can use the Coinbase wallet app, but if they want to use the Coinbase exchange app, they will be out of luck since Coinbase no longer supports Australian accounts.

Does Coinbase work in Australia?

No, citizens of Australia can no longer sign up to Coinbase.


Where Can I Find a Bitcoin ATM in Australia?

Australia offers several ATMs for its citizens to buy Bitcoins with Cash

You can use our Bitcoin ATM finder tool to find one near you.

What is the price of Bitcoin in Australia?

Bitcoin prices are changing every second.

The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.

How do I cash out of Bitcoin in Australia?

Any exchange with am Australian Dollar trading pair will allow you to sell your Bitcoin for fiat currency. Coinjar has AUD trading pairs for many popular coins.

Another way to sell Bitcoins in Australia is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private. You can locate Bitcoin ATMs in Australia using our Bitcoin ATM Map.

LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.

You could also use a service like eGifter to sell your Bitcoin for gift cards.

About the Author: Jordan Tuwiner

jordan tuwiner

Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets. His articles are read by millions of people each year looking for the best way to buy Bitcoin and crypto in their country.

He has also written extensively about the history, technology, and business of the crypto world. Jordan is also the creator of some of the internet's most famous Bitcoin pages, including The Quotable Satoshi and Bitcoin Obituaries.

To learn more about Jordan, see his full bio.