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How to Buy Bitcoin in Australia

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Buying Bitcoin in Australia is now easier than ever, in this article, we will detail how you can purchase Bitcoin (BTC) and other cryptocurrencies from any state in Australia.

Best Brokers to Buy Bitcoin (BTC) & Other Crypto

Binance

Since being founded in 2017 by Changpeng Zhao, Binance has become one of the most reputed cryptocurrency exchanges in the world. They are regulated in Malta and trusted by traders around the world on a daily basis with a huge volume of transactions.

As they continue to evolve their offering to meet trader needs, you can now buy bitcoin in Australia instantly and directly from Binance using your credit, debit card or number of other safe payment methods. You will find the fees for this style of crypto purchase are a little higher than their industry-leading exchange fees, but they still rank among the best for value. You can expect a transaction fee of 1.5%-3.5% depending on the payment method you use.

The sign-up and verification process at Binance is also one of the fastest and most convenient in the sector. Within just a few minutes the needed documents can be electronically uploaded and automatically verified for you to start trading. As one of the biggest names around, you can look forward not only to buying Bitcoin but also hundreds of other cryptocurrencies in a selection that is growing all the time. Also offered is their own hugely popular Binance Coin (BNB).

At Binance you will also find: More than 200 cryptocurrencies including major cryptos and altcoins with more being offered all the time.

Feel free to check out our complete Binance Review, or go to the Binance exchange to sign-up. Use Discount Code: EE59L0QP to claim a 10% cashback on trading fees.

Independent Reserve

Independent Reservice is an Australian exchange that offers an easy way to purchase Bitcoin (BTC). They have over 200,000 customers and are trusted by over 8,000 Self-Managed Super Funds.

The team is super transparent, and the CEO Adrian Przelozny is a board member of Blockchain Australia. They offer 24/7 responsive customer support and they are located at Level 26, 44 Market Street Sydney, 2000 New South Wales, Australia.

This exchange is extremely easy to use, and it allows you to buy directly with Australian dollars.

At Independent Reserve you will also find: : Litecoin (LTC), Ethereum (ETH), Polkadot (DOT), Chainlink (LINK), Ripple (XRP), Stellar Lumens (XLM),  Bitcoin Cash (BCH), Maker (MKR), Dai (DAI), Compound (COMP), The Graph (GRT),  Tether (USDT), Binance (BNB), OmiseGo (OMG), and Kyber Network (KNC).

Read our Independent Reserve Review or visit Independent Reserve.

Paybis

Paybis is an excellent choice if you are looking to buy Bitcoin in Australia or some of the numerous other cryptocurrencies they have on offer. Since starting out in 2014 they have steadily built on a strong reputation and are now the choice of many for convenient Bitcoin purchases by credit or debit card.

As they simply facilitate your transaction, you will require another third-party wallet for storage but the entire process can be completed very quickly with guidance available at every point. Paybis also take security very seriously and to that end implement stringent security procedures and follow all the required KYC and AML checks.

You will get for that not only a broker that is well known and offers services in Australia but around the world in more than 100 other countries. If you are new to the industry Paybis may also be an ideal choice since they offer a dedicated range of educational content that can help you develop at no additional cost.

At Paybis you will also find:  Ethereum (ETH), Litecoin (LTC), Ripple (XRP),  Bitcoin Cash (BCH), and Stellar Lumens (XLM), Tether (USDT), Binance (BNB), Neo (NEO), Tron (TRX).

You can find more information in our Paybis review, or go to Paybis right now to sign up and make your purchase.

Kraken

Kraken is one of the longest-standing crypto exchanges in the industry. They have been operating for more than a decade and with that have garnered widespread respect within the industry among traders.

Their low fees help make Kraken a very attractive choice to traders. Two of the most popular and unique trading features you will find at Kraken are the ability to trade crypto futures, and the chance to engage in crypto margin trading with extensive leverage up to 50:1. This is great for more advanced traders and can be done through the also innovative Kraken trading platforms.

With trading platforms available to suit different levels of trading experience, you will find that Kraken caters well for you no matter which level you are trading at. Everyone from complete beginners, to seasoned veterans, are taken care of here.

At Kraken you will also find: A wide range of more than 40 other cryptos including Bitcoin, (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more.

For more information, you can always check our full Kraken review, or go straight to the Kraken website to learn more.

Huobi

Huobi Global was established in 2013, they’ve since become one of the world’s largest digital asset exchanges with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the world and this includes many investors from Australia.

They are one of the top exchanges that currently offers Bitcoin (BTC) trading opportunities to Australian residents.

Read our Huobi Global Review or visit Huobi Global.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.

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