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.

Best Crypto Exchanges in Australia (2026 Comparison) – AUSTRAC Registered & Low Fees

AUSTRAC Compliance & Affiliate Disclosure: CoinTrack is an independent publisher. We feature partner links and may earn financial compensation from platforms like CoinSpot, Digital Surge, Swyftx, Coinstash, Cointree, Crypto.com, and Binance Australia, which can affect product positioning. All listed options are AUSTRAC-registered Digital Currency Exchanges (DCEs). Cryptocurrency trading involves high risk and is not suitable for everyone. Content is for informational purposes only and does not constitute financial advice.

Best Crypto Exchanges in Australia (2026 Guide)

Compare trusted, AUSTRAC-registered cryptocurrency exchanges supporting instant AUD deposits via PayID, low trading spreads, and robust digital asset security.

Exchange	AUSTRAC Regulated	Supported Cryptos	Spot Fees	AUD Deposit Methods	Action
	✓ Yes	500+	1% Instant / 0.1% Market	PayID, BPAY, Direct	Visit CoinSpot
	✓ Yes	350+	From 0.5% (Tiered)	PayID, Bank Transfer	Claim Offer
	✓ Yes	440+	~0.6% (Spread included)	PayID, Osko, Bank Transfer	Visit Swyftx
	✓ Yes	1,000+	From 0.85%	PayID, Bank Transfer	Visit Coinstash
	✓ Yes	200+	From 0.75%	PayID, Bank Transfer	Visit Cointree
CRYPTO.COM	✓ Yes	250+	Maker/Taker Model	PayID, Visa/Mastercard	Visit Crypto.com
	✓ Yes	440+	0.10% Spot	PayID, Bank Transfer	Visit Binance AU

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