How do I buy Bitcoin in Australia?

You can buy Bitcoin using trusted exchanges like Swyftx, CoinSpot, and Binance. Sign up, verify your identity, deposit AUD, and place your order.

Is CoinSpot safe for buying Bitcoin?

Yes, CoinSpot is AUSTRAC-registered and offers 2FA, cold storage, and full compliance with Australian crypto regulations.

What’s the best Bitcoin exchange for beginners?

Swyftx and CoinSpot are beginner-friendly, with easy interfaces, fast verification, and local support for Australian users.

PayID is a secure payment system that links your bank account to an email or phone number. It allows instant transfers between Australian banks and is widely supported by crypto exchanges.

How do I buy Bitcoin with PayID?

Sign up with a registered exchange, verify your identity, select PayID as your deposit method, transfer AUD, and buy Bitcoin instantly.

Is PayID safe for buying Bitcoin?

Yes — PayID is backed by Australian banks and complies with AUSTRAC regulations. It offers fast, secure transfers and is ideal for crypto purchases.

How to Buy - How to Buy Cryptocurrency in Australia (2025 Beginner’s Guide)

How to Buy Bitcoin in Australia

Choose a trusted AUSTRAC-registered exchange like CoinSpot, Swyftx, or Digital Surge.
Create an account and complete identity verification (KYC).
Deposit AUD using PayID, bank transfer, or debit/credit card.
Select the cryptocurrency you want to buy (e.g. Bitcoin, Ethereum, XRP).
Review the price, confirm the trade, and complete your purchase.
Store your crypto in the exchange wallet or transfer to a private wallet for added security.