Best ways to buy cryptocurrency in Australia


With the most recent round of mainstream media interest in cryptocurrency, the global public are now becoming increasingly aware of what has long been considered exclusively the domain of geeks and tech savvy individuals.

Whilst the crypto world is trying hard to appeal to this new demographic of potential investors it is still evident to newcomers that the process of buying their first package of Bitcoin or Ethereum (or any other coin) is quite convoluted and not quite as simple as one would hope.

This difficulty is compounded in Australia where due to extra fees, inflated token prices or the slow processing of verification it is quite common to miss out on the stellar profits being made on overseas exchanges by overseas investors.  It is mostly because of issues such as these that we have been inundated with questions from Aussie readers asking about cheaper/faster ways to buy bitcoin or buy Ethereum in Australia.


Luckily there is a solution now.  Australian based CoinSpot, has stepped up and provided an answer to these problems and as a result has quickly become a one stop cryptocurrency shop, both for new and seasoned investors.  The company are reportedly signing on hundreds of new customers a week, a spike no doubt due to the meteoric rise in value of many popular coins since the start of 2017.

Founded in Melbourne in 2013, CoinSpot initially started out just as a free online wallet but has rapidly morphed into a one stop low fee shop for the direct purchase of Bitcoin, Ethereum, Litecoin, and a plethora of other popular coins.  CoinSpot allows customers to buy and sell directly with Australian dollars as well offering a Multicoin wallet service for customers both on the website as well as on mobile devices.

Deposits are immediate for those whose banks support POLi payments.   There is also the ability to transfer funds for purchases via BPAY.  For peace of mind all coins and funds are kept in escrow

Register With CoinSpot


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The Cryptocurrency Portal: Best ways to buy cryptocurrency in Australia
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