How Tos

How to buy Crypto or Bitcoin with Bendigo bank

Summary: The easiest and safest way to buy cryptocurrency through a Bendigo Bank account is with a regulated cryptocurrency exchange like CoinSpot. They enable instant AUD deposits from Bendigo Bank account holders.

By 
Serah Huels
 on  
May 22, 2022
Verified Author

Bendigo Bank does not currently offer any services for their customers to buy Bitcoin, Ethereum or any other cryptocurrency. This means that you cannot buy cryptocurrency directly through Bendigo e-banking or the Bendigo Bank App.

However, you can deposit Australian Dollars from your Bendigo Bank account to a regulated and trusted cryptocurrency in Australia.

Table of Contents

How to buy Crypto with a Bendigo Bank Account

If you are looking to buy Bitcoin or another crypto asset with Australian Dollars through your Bendigo Bank account, we would recommend using a trusted exchange like CoinSpot.

They are Australia's largest cryptocurrency trading platform that offers instant and free deposits and withdrawals for Bendigo Bank customers.

Below is a guide to help you get started with CoinSpot through Bendigo e-banking:

  1. Sign up to CoinSpot
  2. Verify your personal or company information
  3. Visit the Bank Details screen and select 'Bendigo Bank'
  4. Deposit the amount of AUD you want to invest and hit 'Continue'
  5. Select the 'Buy' screen in the navigation menu and select the crypto you want to buy
  6. Input the dollar amount you want to purchase and click 'Buy'

Bendigo Bank Cryptocurrency Policy

Bendigo Bank is a crypto-friendly financial institution in Australia that allows their customers to deposit and withdraw funds from cryptocurrency exchanges.

There have been no complaints by Bendigo account holders of bank freezes, or other issues. You can safely trade with licensed and regulated exchanges under AUSTRAC like CoinSpot.

Buy Crypto Bendigo Bank

Author Bio

Serah is our Editor in Chief and was the first person to join the Buy Crypto Australia team. She is a digital & crypto native, having been in the space since 2015.

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