How to Buy Crypto with POLi
The most secure and affordable way for POLi users to buy and sell Cryptocurrencies like Bitcoin in Australia is through a digital asset exchange registered with AUSTRAC. As previously mentioned, the best platform is eToro as it offers free and instant POLi deposits plus low trading fees.
POLi customers can get started with this quick and easy guide:
- Create a free account on eToro and complete the verification process.
- Tap the 'Deposit Funds' button on the bottom left of your screen.
- Select ‘POLI’ as your payment method and follow the prompts to deposit AUD.
- Head to the search bar to find and buy your desired Cryptocurrency.
Buying Cryptocurrency Fees
There are no fees to deposit Australian dollars to eToro via POLi, and the fee for withdrawing AUD from the exchange is $5 per transaction. The only additional cost is the trading (buy or sell) fee which is 1% of your total transaction amount. eToro is considerably cheaper than other platforms like Coinbase, which charge for deposits and have a 2% - 3% trading fee.
Does POLi allow Crypto Purchases?
Yes, POLi Payments offers a convenient and secure way to deposit funds onto Cryptocurrency exchanges for users in Australia and New Zealand, enabling seamless bank transfers without needing credit or debit cards. With real-time processing and stringent security measures, POLi Payments streamlines the process of buying cryptocurrencies on participating exchanges.
About POLi Payments
POLi is a secure and user-friendly online payment method, originating in Australia and widely used in Australia and New Zealand, that allows customers to make direct bank transfers to merchants without needing credit or debit cards. Integrating seamlessly with numerous banks in the region, POLi offers a fast, easy, and cost-effective solution for online purchases and bill payments.
With its rigorous security measures, real-time transaction confirmations, and no requirement for registration, POLi Payments has become a preferred choice for online shoppers and merchants in the Australasian market.
To summarise, POLi Payments is an efficient and secure solution for purchasing Cryptocurrencies on AUSTRAC-registered digital asset exchanges in Australia and New Zealand. As stated above, eToro is the top choice for POLi users as it offers free and instant AUD deposits to buy and sell thousands of assets for competitively low fees.