How Do
You Buy Bitcoin ?
For people new to to
the world of cryptocurrencies, The easiest way to buy
Bitcoin, is to through an online exchange.
Most exchanges are
fairly thorough about getting people to prove and verify
their identity. While this may be a bit of a pain to set
up, you only need to do it once and it is well worth the
effort to protect all your crypto assets.
The exchange usually provides you with a wallet where
you can store your Bitcoin or Alt Coinson their server.
You can also have your own wallet on your computer,
smart phone or removable storage medium. This is
considered a safer option for long term storage.
Other places to buy &
sell Cryptocurrecies are through, Local Bitcoin (private
sale) and Overseas Exchanges. Some of these
exchanges don't allow to buy (with fiat money) but you
can exchange one type of coin for another.
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Buy & Sell
Bitcoin
Australian Exchanges
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COINJAR is one of the first Australian
Bitcoin exchanges. They are very secure and will send an
sms login code to your phone to access your account.
You can load your
account with BPay,
Cash Deposit with
Blueshyft participating
outlets, or Poli Internet banking,
which provides instant deposits from most banks.
Get A
Coinjar account here.
COINSPOT is a local Melbourne based
exchange. The advantage of Coinspot is, apart from
Bitcoin, that they also have many other cryptocurrencies
available such as Ethereum, Litecoin & Dash which can be
stored on you Coinspot wallet.
Money can be loaded
into your account with BPay,
Blueshyft Cash Deposit, or Poli
Internet banking
Get A Coinspot account here.
Independent Reserve. Independent Reserve
was founded in 2013 in Sydney, Australia. "Our mission
is to transform digital currency technology into secure,
robust and regulated financial services, and do things
the right way"
Independent Reserve has some of the cheapest fees. You
are able to make Electronic Funds Transfer Deposits.
Trade in Bitcoin and Ethereum and Bitcoin Cash.
Get An Independent Reserve Account Here.
COINTREE allows trading in Bitcoin, as
well as many of the other cryptocurrencies. However,
unlike Coinspot you can't store those altcurrencies in
your Cointree wallet.
Cointree claims to have
the cheapest Australian rate for Bitcoin with their
"Best Price Guarantee" slogan.
Money can be loaded
into your account via BPay,
Bank Bank Deposit and
Poli Internet Banking.
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Buy & Sell
Cryptocurrencies
International Exchanges
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There are many
international exchanges where you can purchase Bitcoin
and other cryptos. Coinbase is one of the largest, and
one of most popular ways to buy and sell digital
currencies.
COINBASE is a digital asset broker
headquartered in San Francisco, California.
You can buy and sell Bitcoin, Ethereum and Litecoin.
Like all exchanges you
will need to provide ID to start your account.
You will also need to
get your bank details verified with a small deposit.
This can take a few days to complete, but as with the
others you only need to do it once.
Get A Coinspot account here.
Binance
Binance is an up and
coming cryptocurrency exchange with a focus on
crypto-to-crypto trading. The platform has started to
gain popularity in the blockchain community thanks to
its impressive coin offerings and insanely low trading
fees.
https://www.binance.com
Kucoin
KuCoin is a
cryptocurrency exchange based in Hong Kong. It operates
on a crypto-to-crypto basis, so no fiat currencies are
supported. Nonetheless, its digital assets portfolio is
pretty extensive and besides, KuCoin offers its own
token KCS (KuCoin Shares) and uses it in a similar way
to Binance.
Crypto deposits are
free of charge but KuCoin charges trading and withdrawal
fees.
https://www.kucoin.com
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More Exchanges and
Services
Local Bitcoin
(Aus and worldwide)
LocalBitcoins.com is a
person-to-person bitcoin trading site. The site allows
users to post advertisements where they state exchange
rate and payment methods for buying or selling bitcoins.
You reply to these advertisements and agree to meet the
person to buy bitcoins with cash, or trade directly with
online banking. Bitcoins are placed in LocalBitcoins.com
web wallet from where you can pay your bitcoin purchases
directly.
https://localbitcoins.com/
Living Room Of
Satoshi (Australia)
A simple, secure way to
pay your everyday Australian bills (electricity, rego,
phone, credit card etc) with bitcoin. No need to start
an account. You just need BPay info and some cryptos to
pay with.
Apart from Bitcoin, you can also pay with Ethereum,
Dash, Ethereum, Monero, Bitcore, Monero, Eth Classic,
Zcash, Steem, PIVX, Dogecoin, BCH (Bitcoin Cash)
https://www.livingroomofsatoshi.com/
Bitcoin.com.au
Providing instant
liquidity in an Over-the-Counter model.
They only accept Cash Deposits made through our deposit
gateway service.
https://bitcoin.com.au/
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Bitcoin ATMs
Provides Bitcoin ATM map to buy
bitcoins with cash. Bitcoin ATMs can be a quick and easy
way to buy bitcoins and they're also private and often
expensive to use. ATMs may have fees of 5-10%.
https://www.buybitcoinworldwide.com/bitcoin-atms/
Find Bitcoin ATMs in Australia
Find Your Local Bitcoin ATM in
Australia. Quickly search from locations all across
Australia to find your closest Bitcoin ATM.
https://www.findbitcoinatm.com.au/
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Bitcoin Wallets
