Yes you can buy cryptocurrencies with BPAY as a payment method when you use a regulated and licensed cryptocurrency exchange. Most Australian-based exchanges accept BPAY as a deposit method. The best cryptocurrency investing platform in Australia is CoinSpot.
CoinSpot offers the lowest trading fees, most Australian-supported deposit methods, largest selection of cryptocurrencies (out of any Australian exchange) and an NFT marketplace that allows you to invest in popular projects with any token supported on CoinSpot.
If you're interested in learning more about CoinSpot and its features, fees, security and support, you can visit our comprehensive review of CoinSpot.
If you want to buy Bitcoin and other cryptocurrencies with BPAY, you're in the right place. To buy crypto with BPAY you will need to use a secure exchange like CoinSpot. Follow the below steps to buy Bitcoin with BPAY today.
CoinSpot has the lowest trading fees in Australia and offers multiple free deposit methods including Bank Transfer, Osko, POLi & PayID. For market buy the fee is a competitively low 0.1% and the instant buy feature is 1%. The industry average for trading fees is 1% so CoinSpot is significantly lower than the average.
BPAY has been integrated into multiple cryptocurrency exchanges as a payment method. It is considered crypto-friendly and there has been rumours that BPAY may add a cryptocurrency investing feature to its platform. Similar to Neteller, an international payment method that now has its own cryptocurrency exchange.
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