Bitcoin in Australia: Aussie’s Most Trusted Bitcoin Guide
We often get questions like, “how to invest in Bitcoin?” and “what is a Bitcoin wallet?”. When Bitcoin prices climbed steadily in the first quarter.
We often get questions like, “how to invest in Bitcoin?” and “what is a Bitcoin wallet?”.
When Bitcoin prices climbed steadily in the first quarter of 2021, most Aussies are looking to jump in on the action and net some gains from BTC. The good news is, you’ve come to the right article.
Continue reading to learn how you can get started with investing Bitcoin in Australia!
Jump right in: Invest in Bitcoin in Australia today!
How to buy Bitcoin in Australia?
Easy Crypto is an Australian-based cryptocurrency exchange that makes it easy for the average Australian to buy and sell Bitcoin in seconds. ⚡
- Easy Crypto has some of the best Bitcoin to Aussie dollar rates in Australia.
- You can buy Bitcoin in Australia and have it delivered to your personal Bitcoin wallet in less than 4 minutes.
- Easy Crypto has over 10,000 users, and we have over 700 five-star reviews on Trustpilot.
Buying Bitcoin in Australia with Easy Crypto
To buy Bitcoin in Australia through Easy Crypto, you first want to create a free account and get verified. Once your account creation and verification are complete, your next step is to head to our main trading page and create your buy Bitcoin order.
Now that you’ve reached our main trading page, you can insert how much Bitcoin you want to buy or how much AUD you want to spend.
Once confirmed, click ‘Buy Now’, and you will be able to pay for and complete your order. Once paid for, your Bitcoin will be sent to the Bitcoin or cryptocurrency wallet that you provided us with when you created your buy Bitcoin order.
Best Bitcoin wallets in Australia
If you don’t already have a Bitcoin or cryptocurrency wallet, the first thing you will need to do is set up somewhere for your Bitcoin to go once you do buy it. Getting a digital Bitcoin wallet setup is your first step, as without a Bitcoin wallet you have nowhere to keep your Bitcoin.
A Bitcoin wallet is the Bitcoin equivalent of your Australian bank account for your AUD.
Bitcoin wallets come in all shapes and sizes, but your Bitcoin wallet will act as your center of gravity when it comes to your interactions with the Bitcoin world. You receive Bitcoin to this wallet and you send Bitcoin from this wallet, and some cryptocurrency wallets even allow you to store over 200 cryptocurrencies in the one program!
There are many safe and easy Bitcoin wallets on the market (and many unsafe wallets!) but I personally like to use a Bitcoin wallet called Exodus. You can get it for FREE from Exodus’ official website, and you can have a desktop version or a mobile version – or both!
For the sake of this guide let’s choose the desktop version. Keep in mind that you can set up the Exodus Bitcoin wallet on both your phone and computer and sync them to the same account.
Once you’re at the Exodus website, have decided if you want to use mobile or desktop, and you’ve complete your download, just click on the installer and Exodus setup will begin. You will not need to create an account or even provide your name – your Bitcoin wallet is already created! ⚡
Now we can move onto the next step – buy Bitcoin in Australia and have BTC sent to your Exodus Bitcoin wallet in minutes! Make sure to keep your Exodus Bitcoin wallet open for this stage as it will prove to be important in the ordering process.
Don’t have a Bitcoin wallet yet? Click here to purchase a Bitcoin wallet in Australia!
Now that you have used Easy Crypto to buy Bitcoin in Australia, your next move is to decide what you want to do with your new-found BTC.
You have several decent options, ranging from money-making, diversification and using Bitcoin as an actual currency.
- Use your Bitcoin to buy other things in Australia or abroad.
- Get into Bitcoin day trading, where you buy bitcoin when its price is low and sell Bitcoin when its price is high.
- Diversify your cryptocurrency investments by exchanging some of your Bitcoin into another promising cryptocurrency.
- Use your Bitcoin to donate to charities.
- Buy Bitcoin in Australia for your friends and family.
As any savvy investor, learning more about your assets will help you make smarter and more strategic investment decisions in the future.
Learn all about Bitcoin: Read our complete guide on Bitcoin here.
Explore more topics on our learn site and subscribe to our newsletter below to have the latest crypto insights delivered to your inbox!