Customers of Westpac Bank have many options when it comes to purchasing Bitcoin in Australia through their account. As the industry has grown more mature since its inception in 2011 - banks like Westpac have become much more open to their customers purchasing cryptocurrencies, making it extremely easy for their clients to buy their first Bitcoins.
In Australia, the best exchange for Westpac Bank holders to buy BTC is through the most popular exchange in the country, Independent Reserve.
They are the largest and most trusted Bitcoin exchange in Australia that enables users to buy Bitcoin with the lowest fees and fastest deposits. Their platform offers fast AUD deposits and withdrawals for Westpac customers - making it fast and easy to get in and out of crypto.
Buy Bitcoin with Westpac
1. Register an Australian account with Independent Reserve
2. Enable your 2FA to ensure best security
3. Verify your account details for complete verification and higher deposit limits
4. Deposit AUD into your account via your Westpac account
5. Go to 'Trade' and select 'Bitcoin' or another cryptocurrency you wish to purchase
6. Input the amount of Bitcoin you want to buy in Australian Dollars (AUD)
7. Preview your order and buy Bitcoin
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