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Buy Bitcoin (BTC) in Australia with AUD with Lowest Fees
Changelly is one of the leading cryptocurrency exchange platforms on the market which offers everything you need to easily trade Bitcoin and other digital assets. You can buy, sell, and exchange over 500 assets on Changelly, benefiting from low trading fees, swift order processing, and bank-level security measures. Use fiat currencies to buy Bitcoin in Australia and deposit AUD from your debit card, credit card, bank account, or Apple Pay. Getting started with Bitcoin trading has never been easier.
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updated at 06:01How to buy Bitcoin in 5 easy steps
Set your purchase pair
Select the crypto you’d like to purchase. Next, choose the local currency you want to buy crypto with and your country of residence. Compare the best offers and choose the one that suits you most.
Provide your crypto wallet address
Enter your crypto wallet address in the required field. Double-check your unique crypto wallet address to make sure it is correct.
Verify your identity
Verify your identity with the provider you've chosen to buy crypto with. This is the best way to make sure that the payment information is only yours.
Confirm your payment
Confirm your payment and have your purchased cryptocurrency delivered to your crypto wallet in several minutes.
Payment methods to buy Bitcoin
Bank transfer
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy BTC with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy BTC and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
Buy Bitcoin Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Why buy Bitcoin on Changelly?
Secure
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
24/7 support
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Fast
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
All premium offers in one spot
We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
FAQ
How is the Price of Bitcoin Determined?
Bitcoin’s price is determined by the balance between its supply and demand. Those selling Bitcoin make up the supply, while those buying Bitcoin make up the demand. These parties can be individual traders and investors, companies (both public and private), Bitcoin ETFs (exchange-traded funds), hedge funds, and even governments. When demand is higher than supply, the price of Bitcoin increases, and vice versa when supply is higher than demand.
Other factors to have an impact on the price of Bitcoin include the performance of major competitive cryptocurrencies, the availability of institutional investors, and the overall global economy. Speculation, rumours, and endorsements of famous persons can also influence the price of Bitcoin.
Can I Buy Less Than 1 Bitcoin?
It is possible to purchase a fraction of a coin, rather than having to buy the entire Bitcoin. The smallest unit of Bitcoin is known as 1 satoshi, which is equal to 0.00000001 BTC. This is named after the secret creator of Bitcoin, Satoshi Nakamoto. One of the most popular ways to invest in Bitcoin is to buy small amounts of it on a regular basis, and this approach is known as dollar cost averaging.
Where to Store Your Bitcoins?
One of the most secure ways to keep Bitcoin safe is a cold storage wallet or a hardware wallet. It is essentially a hard drive or USB that is not connected to the internet. This makes it nearly impossible for hackers to access your private key and compromise your digital funds. The downside is that it can be more difficult to trade quickly, but many crypto investors are willing to accept this trade-off for the added security.
Hot storage wallets (software) are also a great solution to store Bitcoin. They include web-based wallets, mobile crypto apps, and browser extensions. Such Bitcoin wallets can often offer advanced features, such as an embedded cryptocurrency exchange, staking, crypto loans, interest-bearing accounts, and even Bitcoin mining.
If you opt for software crypto wallets, make sure the chosen product enables Two-Factor Authentication (2FA) to give you a time-sensitive code every time you sign in.
Which Bitcoin Wallet Can I Use?
When it comes to holding Bitcoin, which wallet brand to choose will depend on your needs. For example, if you have your heart set on a software wallet, you can consider Exodus, Electrum, and Mycelium. If you would like a hardware wallet, some of the most popular options include Ledger and Trezor. If you prefer a web experience, you can store Bitcoin on Coinbase and Binance.
Got any questions about the BTC purchase on Changelly?
We tried to gather all the necessary information about the BTC purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your Bitcoin safe and sound
If you are searching for the best cryptocurrency wallets for your favorite coins, look no further! Whether you are a crypto pro or just starting out, these wallets might be a good option for crypto storage.
Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
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Is It Legal To Buy Bitcoin In Australia?
The brainchild of anonymous IT engineer Satoshi Nakamoto, Bitcoin (BTC) is an open and decentralized peer-to-peer payment network that is powered by its users with no central authority or middleman. This means that no one, including banks or governments, can prevent users from sending or receiving payments within the Bitcoin network.
As Bitcoin is not owned by anyone, it has no central command, making it a truly open network. The open-source design of cryptocurrency, along with its public ledger known as blockchain technology, allows for faster Bitcoin transactions worldwide.
Bitcoin is the most widely adopted and largest cryptocurrency by market capitalisation. It was the first cryptocurrency created, therefore, having the most time to expand its network.
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Bitcoin has generated high returns for investors, making it a popular choice among individuals, institutions, and sovereign wealth funds.
Although Bitcoin suffers from extreme market volatility, which does not make it a totally safe investing tool, lots of users in Australia want to buy Bitcoin for potential money fortunes. To do so, it is vital to understand the legal status of cryptocurrencies in Australia.
The good news is that Bitcoin is 100% legal in Australia. Users can legally buy, sell, trade, spend, receive, and store Bitcoin and other cryptocurrencies in the country. In 2013, the Reserve Bank of Australia (RBA) declared that there must be nothing to stop people in the country from transacting in some other form of currency than national money.
Bitcoin can be suitable for both personal and business transactions in Australia. It is accepted by many merchants and can be used to pay for anything, from a cup of coffee to a car or even a house.
For tax purposes, Bitcoin is treated as a property, similar to a house or car, which means it is subject to Capital Gains Tax. However, the Australian Taxation Office (ATO) has clarified that if you are using Bitcoin for everyday transactions and not as an investment, then Capital Gains Tax does not apply.
It is important to be aware of the current regulations and laws regarding cryptocurrencies in Australia. For example, the ATO requires you to keep records of all transactions involving cryptocurrencies for at least five years. Furthermore, you may be liable for Goods and Services Tax (GST) if you are supplying Bitcoin as a service or trading it as an Australian exchange platform.
While it is legal to pay for goods and services using BTC in Australia, digital currency is not currently recognized as a legal tender. This means that while you can use Bitcoin for regular shopping, you cannot currently use it to pay your taxes and debts.
Best Ways to Buy Bitcoin in Australia Safely
Changelly is a great option for those looking to purchase their first Bitcoin assets. Our crypto exchange offers a straightforward sign-up process, an expert customer service team to help you start trading, low fees on fiat-to-crypto purchases, and multiple payment options, so you can buy and sell Bitcoin with ease. You can deposit money and make your first cryptocurrency purchase in a few seconds.
Completing a Know Your Customer (KYC) procedure is the only requirement we establish for the users looking to purchase Bitcoin and trade crypto in Australia. As a crypto exchange platform, Changelly observes international Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. We must identify and verify users to ensure they are not breaking laws by buying or selling Bitcoin or other cryptos with us.
Before you start trading digital currencies, make sure you have an up-and-running Bitcoin wallet where your crypto assets will be sent after a purchase.
How to Buy Bitcoin with Credit and Debit Card
Buying Bitcoin with a credit or debit card is a fairly simple process when you use a reputable crypto trading platform, such as Changelly. We offer an on-ramp service, which enables our users to buy Bitcoin and hundreds of other cryptocurrencies using a convenient payment method. We support credit cards, debit cards, bank transfers with mobile or online banking, and Apple Pay to let you deposit funds and buy BTC. Create an account, prove your personality, and deposit Australian dollars — buying Bitcoin takes only these three simple steps.
How to Buy Bitcoin with Bank Transfer in Australia
A bank transfer is a hassle-free and inexpensive way to buy Bitcoin. There are many crypto platforms that accept funds via bank transfers, and this process is straightforward.
Wire transfers are available to users who verify their identity with a selected crypto platform. Identity verification typically requires the provision of a full name, ID document, proof of address, and your current photo.
Then you need to decide how much to allocate to buying Bitcoin. Note that it is a highly volatile asset. Bitcoin’s price is hard to forecast, as it constantly oscillates from bull runs to bear markets. Unpredictable price dynamics is a serious concern for many crypto investors, and trading cryptocurrencies can involve significant risks of losing your initial investment.
Next, deposit money in your account. Bank transfers are one of the most widely supported methods of sending funds to your crypto trading platform. Be careful when configuring the transfer, so the funds are deposited into the correct trading account. As funds are credited to your account, you can buy BTC.
When you transfer funds via a bank wire, you will generally pay low transaction fees than when using a credit or debit card. However, bank transfers can take up to several business days to clear into your trading account.
How to Buy Bitcoin with Apple Pay in Australia
Apple Pay is a method of cashless payments whereby you link your credit or debit card to the Wallet app on your iPhone or iPad and use the device to purchase goods and services. Users benefit from the security and convenience ensured by the technological giant, surely Apple.
It is very easy to buy Bitcoin with Apple Pay in Australia. To do this, you need to create and verify an account on Changelly, and then log in to your profile from a device that supports Apple Pay. When you initiate a crypto purchase with fiat money, Changelly will automatically prompt you on paying with Apple Pay. All you need to do is complete a transaction and open your digital wallet to attest to the delivery of coins.
How to Buy Bitcoin from ATM in Australia
If you prefer a more hands-on approach, then you can purchase Bitcoin directly from a Bitcoin ATM. In Australia, there are over 200 Bitcoin ATMs throughout the country, so it should be easy to find one of these machines near you. In order to purchase Bitcoin, you will need to deposit cash (physical Australian dollars) into the ATM, scan your wallet address, and confirm the transaction.
Although crypto ATMs do not offer low trading fees for their service, this is one of the quickest and most effortless ways to buy Bitcoin. Moreover, such machines allow you to sell Bitcoin for fiat currency or trade your coins for other digital assets.
How to Buy Bitcoin with PayPal
Not many crypto exchange platforms accept PayPal for Bitcoin purchases. If you are adamant about buying Bitcoin only with your PayPal account, you will need to do thorough research to find a crypto trading service that will support this payment mode. Alternatively, you can take an easy path and buy cryptocurrency directly on our platform, using VISA, MasterCard, bank transfer, or Apple Pay payments.
How to Buy Bitcoin with Prepaid Card
If you do not have access to traditional banking, buying Bitcoin with a prepaid card is a great alternative. Fortunately, the process of buying crypto with prepaid cards is nearly identical to getting coins with any other payment system. You only need to choose a reliable exchange platform that accepts prepaid cards, verify your identity, and deposit funds.
How to Buy Bitcoin with Cash in Australia
The idea of buying cryptocurrency with cash appeals to those people who do not want to share their personal details with online platforms, or wish to avoid paying trading fees to official crypto exchanges. Anyway, it is pretty easy to buy Bitcoin currency with physical banknotes.
For example, you can buy Bitcoin with cash in person if you find a reliable seller near you. Cash trading in person is easy and does not require any bank account to make a fiat transaction. However, bring a laptop or smartphone with you and access your Bitcoin wallet immediately after a purchase to confirm the arrival of coins.
There are also specialized peer-to-peer marketplaces that match buyers and sellers. Such platforms let you set your own price, a desired currency, and a preferred payment method to buy BTC. The P2P marketplace will then display available offers, so you can pick one that meets your requirements. Such a platform will also act as an escrow service that will not transfer your funds to the seller until they send Bitcoin to your wallet.
It is also possible to buy Bitcoin with a cash deposit at a bank. You can visit the local bank office and directly deposit cash into the seller’s bank account. Cash bank deposits are a proper option when a buyer would like to use cash for Bitcoin purchases, yet is not able to transact in person with the seller.
Can Foreigners Buy Bitcoin in Australia?
Foreigners can buy Bitcoin in Australia. However, there are certain restrictions in place. For example, non-residents need to have an Australian bank account to buy BTC in Australia, and they also must provide proof of identity.
Who Accepts Bitcoin in Australia?
Being the world's oldest and biggest digital currency by market cap, it is not surprising that the overall adoption of Bitcoin continues to grow. There are many businesses, both online and offline, which already accept Bitcoin transactions in Australia. Some of the most popular companies that accept Bitcoin include Microsoft, Expedia, Dell, and Newegg. Additionally, there are plenty of online stores and marketplaces that accept crypto payments, such as Shopify and Etsy.
Lots of brick-and-mortar shops and eateries in Australia also accept Bitcoin, including cafes, bars, restaurants, and more. In fact, Australia is one of the most crypto-friendly countries at the moment, and you can purchase your groceries with crypto easily in the region.
How to Cash Out Bitcoin in Australia?
There are several ways to cash out Bitcoin in Australia. The most common method is to use a crypto exchange to sell Bitcoin for Australian dollars. You can also use an online peer-to-peer marketplace to sell your BTC possessions directly to other users. Some Bitcoin ATMs in Australia enable you to sell Bitcoin for cash. Finally, some exchanges, including Changelly, allow you to convert your Bitcoin to fiat and withdraw the money to your debit card or bank account, charging pretty low trading fees for such operations.
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