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Can you buy Bitcoin and Crypto with Commsec?

The safest and cheapest way to purchase Bitcoin with your Commonwealth Bank and Commsec account.

Can I buy Bitcoin from Commonwealth Bank?


If you are looking to buy Bitcoin in Australia on Commsec with a Commonwealth Bank account, you are out of luck.

The Commonwealth Bank of Australia does not yet offer support for its customers to buy Bitcoin, Ethereum or other cryptocurrencies directly from the Commsec app.

If you are an Australian looking to buy Bitcoin, Ethereum and other cryptocurrencies using your Commonwealth Bank account, we would recommend you use CoinSpot who are Australia's most trusted exchange.

CoinSpot enables instant deposits and withdrawals with low fees using a Commonwealth Bank account.

Australia's Best and Most Trusted Cryptocurrency Exchange

CoinSpot is Australia’s longest running Bitcoin and cryptocurrency exchange that offer over 250 different cryptocurrencies. Their platform enables users to instantly buy Bitcoin through their Commonwealth Bank accounts with Australian Dollars and extremely low fees.

CoinSpot are by far the best and fastest option for Commonwealth Bank customers to purchase Bitcoin and a range of other cryptocurrencies.

Pros

  • Australia's largest exchange
  • Buy Bitcoin instantly with Commonwealth Bank account
  • Instant AUD deposits and lowest fees

Cons

  • Doesn't offer leveraged trading

Payment Methods

  • POLi Pay & Osko
  • Bank Transfer
  • EFT
  • SWIFT
Usability
5 Star Buy Bitcoin Rating for Ease of Use
Reputation
5 Star Buy Bitcoin Rating for Reputation
Privacy
4 Star Buy Bitcoin Rating for Privacy
Fees
5 Star Buy Bitcoin Rating for Fees
Buy Bitcoin with Commonwealth Bank

How to buy Bitcoin in Australia with a Commonwealth Bank account

01

Register an Australian account with CoinSpot

02

Enable your 2FA with SMS or Google Authenticator for security

04

Deposit AUD into your account
via your Commonwealth Bank account

05

Go to 'Trade' and select 'Bitcoin'

06

Input the amount of Bitcoin you want to buy in Australian Dollars (AUD)

03

Verify your email address and personal information (KYC)

07

Preview your order an buy Bitcoin

Buy Bitcoin with Commonwealth Bank