The cheapest, fasted and most secure way to buy crypto using a bank transfer or electronic funds transfer (EFT).
It is easy to buy Bitcoin in Australia with a bank transfer from Commonwealth Bank, NAB Bank, ANZ Bank or any other bank in the country.
To buy crypto with a bank transfer, all you need to do is sign up to a secure exchange in Australia, connect your bank account, deposit AUD and start investing.
The best Australian exchange that offers low-fee bank transfers and fast deposits is CoinSpot. They are the largest exchange in the country with over 1 million users.
CoinSpot is Australia’s longest running Bitcoin and cryptocurrency exchange that offer over 250 different cryptocurrencies. Their platform enables users to instantly buy Bitcoin via a bank transfer from any local bank with Australian Dollars and extremely low fees.
They are the fastest way for you to get fiat money into crypto in Australia.
Register your account with CoinSpot in Australia
Enable your 2FA with SMS or Google Authenticator for security
Select 'bank transfer' on your deposit screen and connect your Australian bank account.
Go to 'buy' 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
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