The best way to buy Bitcoin outside of the Australian Stock Exchange (ASX).
As an Australian resident, you cannot buy Bitcoin using the Australian Stock Exchange (ASX). Although there are some companies on the ASX that have exposure to Bitcoin, you cannot physically purchase BTC, Ethereum or any other digital asset and hold custody of the coins.
If you are looking to buy Bitcoin in Australia you must use a safe and licensed exchange that accepts Australian Dollar (AUD) deposits from an Australian bank account.
The best place for fast and low fee trading in Australia is CoinSpot who are Australia's most trusted exchange. They enable instant and low fee deposits from any Australian bank account with verification times under 10 minutes.
CoinSpot is Australia’s longest running Bitcoin and cryptocurrency exchange that offer over 250 different cryptocurrencies. Their platform offers a secure alternative to the Australian stock exchange for users to buy, sell and trade digital assets.
CoinSpot are by far the best option for Australian bank account holders because they have the fastest fiat deposits and withdrawals.
Register an Australian account with CoinSpot
Enable your 2FA with SMS or Google Authenticator for security
Deposit AUD into your account
via your Commonwealth Bank account
Go to 'Trade' and select 'Bitcoin'
Input the amount of Bitcoin you want to buy in Australian Dollars (AUD)
Verify your email address and personal information (KYC)
Preview your order an buy Bitcoin
Learn more about the Bitcoin and cryptocurrency ecosystem with one
of our expert guides.
The latest Bitcoin and cryptocurrency news from around the world.