Buy Crypto Australia

Find the best CeFi and DeFi platforms to Buy, Sell, Stake and Earn Interest on your Cryptocurrencies.

Buy Crypto Australia App

How to buy Crypto in Australia

A quick guide to buying Cryptocurrencies like Bitcoin, Ethereum, Solana, Avalanche and more with AUD.

Buy your first Crypto in Australia

  1. Get Started: To get started, you will need to find a trusted cryptocurrency exchange in Australia and sign up.
  2. Deposit AUD:Then you will need to verify your identity and connect your Australian bank account.
  3. Find Crypto: Find the crypto you want to buy.
  4. Buy Asset: Select 'Buy' and input the AUD amount you want to invest and execute your trade.

Continue reading for a detailed breakdown of each step.

Visit CoinSpot
How to buy Crypto in Australia

Deposit AUD to buy Crypto

You can deposit Australian Dollars (AUD) into the platform with a Bank Transfer, POLi, PayID, Cash, BPAY or other options.

The best deposit method is with PayID, because it is free and instant with a CoinSpot account.

For verified accounts, the daily deposit limit is $20,000 and can be increased with further KYC and verification.

Visit CoinSpot
Buy over 370 Cryptos on CoinSpot

Find the Crypto you want to Buy

Select from over 370 different cryptocurrencies to buy on the CoinSpot trading platform.

Get access to the latest DeFi, Metaverse, GameFi and Smart Contract platforms with low fees starting at 0.1%.

You can also stake to earn interest on your cryptocurrencies on the exchange.

Visit CoinSpot
Select your Crypto

Execute your Crypto Trade

When you find the token you want to invest in, simply input the AUD amount and buy your first Cryptocurrency.

When you buy Crypto with CoinSpot, the transaction is finalised instantly.

Once the transaction is completed, the Crypto you purchased will be stored in your CoinSpot managed wallet.

Visit CoinSpot
Instant Buy Crypto

Popular Methods to buy Crypto in Australia

A comparison of the 4 most popular platforms to buy, sell, and earn interest on cryptocurrencies in Australia.

Account Features
Coinspot
Available Cryptos
370+
300+
300+
30+
AUSTRAC 
Licensed
Trading Fees
0.1% - 1%
0.6%
0.5%
0.5%
Crypto Staking
24/7 Priority Support
Deposit Methods
10+
6+
5+
4+
NFT Marketplace
Users in Australia
2,000,000
300,000
70,000
250,000

Read our Crypto Guides

Keep up to date with the fastest moving markets.

Compare Australian Crypto Brands
FAQ

Frequently Asked Questions

A summary of the most frequently asked questions we receive from crypto investors in Australia.

Is it Legal to Buy Crypto and Bitcoin in Australia?

The complete tax status of cryptocurrency and crypto staking in Australia is still being determined by the Australian Tax Office (ATO). However, buying Crypto is legal and is generally treated as an asset for capital gains tax purposes. This means that if you buy a cryptocurrency and then sell it at a profit, you may be liable for capital gains tax.

If you are thinking of buying cryptocurrency in Australia, it is important to do your research and be aware of the risks involved. Cryptocurrency is a volatile market and prices can go up and down very quickly. You should seek advice from a professional Crypto Financial Advisor in Australia before making your first investment.

What is the Cheapest Exchange to buy Crypto in Australia?

The cheapest cryptocurrency exchange in Australia at the moment is CoinSpot who offer 0.1% on trading fees through their market orders. It is important to note that they only offer market orders for 20 cryptocurrencies, and not the full 320 listed on their trading platform.

The cheapest instant buy cryptocurrency exchange in Australia is SwyftX who offer 0.6% fees per transaction, compared to CoinSpot who charge 1% per instant trade.

What is the best Deposit Method to buy Crypto?

For Australian investors the cheapest and fastest deposit method to buy cryptocurrencies is generally PayID/Osko.

They are typically instant deposits on major Australian exchanges like CoinSpot, SwyftX, Independent Reserve and others.It is important to note that the first deposit via PayID or Osko is sometimes held by your bank for 24 hours.

All subsequent deposits and withdrawals will be instant from your bank account.

Best Crypto to buy right now?

The best Cryptocurrency to buy right now is difficult to say due to the turbulent market conditions.

That said, our team is most looking forward to the Ethereum Merge that is taking place in Q4 2022 that is expected to add deflationary pressure to the supply of ETH tokens on the market.

Testimonials

Hear from our community

Earning more interest on my assets
This blog helped me find better platforms to earn more yield on my cryptos. After reviewing BCA's content, my average APY went up 6% across all of my tokens.
Dylan Ferris
Director of Growth, DeFi Labs
Secure SMSF onboarding
I contacted the Buy Crypto Australia team with some questions regarding SMSFs. They promptly connected me with a CoinSpot account manager to set everything up really quickly and easily.
Sonya Feresca
Head of Advertising, Build NET
Stablecoin bridging
I often move my tokens across different networks to take advantage of stablecoin yields. The BCA bridging guides really helped me find the easiest & cheapest way to move multi-chain.
Adrian Olenik
Product Manager, Flow Conversion
Finding the best Crypto ETFs
I found the easiest way to get ETF exposure to cryptocurrency with BCA. I was able to invest in CoinSpot's Bundle of NFT coins to get investment exposure to the metaverse.
Jessica Alesha
Founder & CEO, Socially
OTC 
We were able to connect to the best OTC brokers through the BCA team to get access to deep liquidity on BTC, ETH and other assets. They walked us through the process from end-to-end.
Pete Jones
Head of Trading, DIGIT Capital

$1M +

In yield farming rewards

10%

Better stablecoin yields

20K +

Australian readers