How to buy Crypto with Pearler App

Can I buy Crypto or Bitcoin with Pearler?

The Pearler investment app does not directly offer customers the ability to buy and sell Bitcoin, Ethereum, and other cryptocurrencies on their platform. The only way you can get exposure to digital assets with Pearler is through Crypto-related stocks and ETFs like the Vanguard Crypto ETF.

That said, buying stock or ETF exposure to digital assets has typically underperformed buying the underlying assets like BTC, ETH, AVAX, SOL, and others. This is why we recommend signing up to an Australian crypto exchange to buy Crypto instead of getting inferior exposure through Pearler.

How to buy Crypto with a Pearler Alternative

The easiest way to buy Crypto in Australia is with a trusted and AUSTRAC-regulated trading platform. We recommend CoinSpot because they are Australia's largest trading platform with over 2 million users that offers 370+ cryptocurrencies, crypto staking, and an NFT marketplace.

You can get started buying digital assets from your Macquarie account in 4 simple steps:

• Step 1: Sign up to the CoinSpot Australia trading platform.
• Step 2: Deposit AUD from any bank account via Bank Transfer, POLi, PayID, Osko, BPAY or Cash.
• Step 3: Find the digital asset you want to buy on their platform.
• Step 4: Input the AUD amount you want to invest and execute your trade.

Once you finalise your investment, your cryptocurrency will be automatically stored in your CoinSpot managed wallet for secure custody. You can choose to leave it here, or withdraw it into another wallet.

Will Pearler offer Crypto in the Future?

Pearler has not announced any plans to support cryptocurrency trading or crypto wallets on their platform anytime soon. Their founding team believes that users can get sufficient exposure to the asset class through the traditional investment vehicles found on their trading app.