How to Buy Crypto in Australia
The most important thing to remember when investing in cryptocurrency is to use non-custodial exchanges. These platforms don’t store your coins and only act as a middleman to facilitate the transaction. This is one of the safest ways to invest in crypto as it eliminates the need to trust an exchange with your assets. Source :https://theinvestorscentre.com/au/crypto/
If you want to invest in Bitcoin (BTC), the best place to do so is on a regulated Australian exchange like CoinSpot or CoinJar. These companies have been audited and approved by AUSTRAC, which is a government agency that makes sure crypto exchanges don’t do bad things with your money. They’ll ask you to show ID documents to ensure that you are who you say you are.
How to Buy Crypto in Australia: Step-by-Step Tutorial
Cryptocurrency can also be bought and sold on non-regulated exchanges, but they’re often not as secure or as easy to use. Make sure to read the reviews of an exchange before using it. Look for a company that has good customer service and transparent fees.
Many of the best crypto exchanges in Australia are based in Brisbane, and they’re registered with AUSTRAC. They offer fast account registration and low trading fees. They also have a variety of different cryptocurrencies to choose from. The most popular ones are CoinSpot, Swyftx, and Digital Surge. They also allow you to deposit and withdraw AUD with PayID, BPAY, or POLi.
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