--- title: How to Buy Crypto and Bitcoin in Australia description: This guide will unveil some of the options Australians have if they want to buy bitcoin or other cryptocurrencies. authors: - name: Marc Guberti url: https://money.com/author/marc-guberti/ bio: Marc Guberti is a personal finance writer who hosts Breakthrough Success, a podcast where he teaches listeners how to grow their businesses and achieve personal transformations. at_money_since: 2024 articles: 437 covers: - Investing - Banking - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Health and Wellness - Housing - Identity Theft - Insurance - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes editors: - name: Jordan Chussler role: Editor, Investing and Banking url: https://money.com/author/jordan-chussler/ bio: Jordan is an investment editor and CPFC who specializes in traditional equities, gold and other precious metals, retirement savings and income investing. He combines his personal and professional interests in finance and education to help readers increase their financial literacy and make better investment choices. education: Lynn University certifications: Certified Personal Finance Counselor at_money_since: 2023 articles: 131 covers: - Investing - Banking - Credit - Credit Cards - Economy and Politics - Housing - Identity Theft - Insurance - Loans - Mortgages - Personal Finance - Professional Services - Retirement also_seen_in: - Weiss Ratings - 24/7 Wall Street - Better Investing - Yahoo Finance - Nasdaq - Investing.com - Marketbeat - MSN Money social: - https://www.linkedin.com/in/jordan-chussler-b3597811/ published: '2025-06-04T14:45:35.000Z' modified: '2026-08-06T19:44:28.000Z' section: Investing word_count: 921 canonical: https://money.com/how-to-buy-crypto-and-bitcoin-in-australia/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![How to Buy Crypto and Bitcoin in Australia](https://img.money.com/2025/05/Crypto-UK.jpg?quality=85&w=1012&h=569&crop=1) ## Our Partners ### TOP PARTNER ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/35181/medium_5684f912-7a5b-41aa-9612-d176140b8756.webp) Our Partner [Start Investing](https://money.com/go/de56c03b691a?ap_referrer=%2Fhow-to-buy-crypto-and-bitcoin-in-australia%2F&bidid=4053351869&ptid=664752972&ptoken=63a212dd35759c9e5a271607d49d4c02&zip=20149) **Own crypto—and bank, borrow, invest—all in one app** - The first national chartered bank where individuals can buy, sell, and hold crypto - Access cryptocurrencies like Bitcoin, Ethereum, Solana, and over 30 more coins  - Buy, sell, and hold crypto on a platform with the safeguards of a bank - Trade instantly when you transfer funds through SoFi Checking and Savings * * * ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/37687/medium_e07d0277-9443-4943-95ae-3c4b5f116dda.webp) Our Partner [Start Investing](https://money.com/go/811836793961?ap_referrer=%2Fhow-to-buy-crypto-and-bitcoin-in-australia%2F&bidid=4053351849&ptid=664752972&ptoken=42f8ff987c3b9660b92aa75ba5e52d43&zip=20149) **Watch 2,000 crypto markets across multiple exchanges** - 24/7 live customer support - High liquidity - Margin and futures trading - Custom alerts and charts - Mobile tools for trading on the go * * * ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/21764/medium_697ebd7c-81e9-4b79-a9b5-4208486d7fc5.png) Our Partner [Start Investing](https://money.com/go/c6a11dfe97b6?ap_referrer=%2Fhow-to-buy-crypto-and-bitcoin-in-australia%2F&bidid=4053351860&ptid=664752972&ptoken=911d3751258b460e6e48a381c0c2db2c&zip=20149) **Purchase crypto securely - directly to your wallet** - Powered by MPC cryptography  - 3-factor-authentication recovery model - Secure wallet recovery - never worry about losing your seed phrase again - 24/7 live in-app support. * * * ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/25167/medium_6ffb8e26-c174-4c4b-b1bd-3da570a5fe64.png) Our Partner [Start Investing](https://money.com/go/fb38bc7ec440?ap_referrer=%2Fhow-to-buy-crypto-and-bitcoin-in-australia%2F&bidid=4053351863&ptid=664752972&ptoken=c1040d31c64e4d054f5d443fc4b16984&zip=20149) **Discover new tokens before they’re listed on other platforms** - Trade cryptocurrencies with a unique one step process - Buy, sell, exchange and hold 300+ digital assets\* - Robust security measures \*Capital at risk. 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The digital asset has gained roughly 1,000% over the past five years. Meanwhile, popular benchmarks like the Nasdaq Composite and [S&P 500](https://money.com/what-is-the-sp-500-index/) haven’t even doubled over the past five years. Bitcoin’s scarcity and decentralized nature may lead to more gains, and that prospect has attracted investors from around the globe. That’s no different for residents of Australia. Bitcoin and other cryptocurrencies are legal in Australia, and for its denizens, there are many ways to get exposure to this asset class. This guide will unveil some of the options Australians have if they want to buy crypto. ## Jump start your crypto portfolio ### SoFi® is the easiest place to buy and sell cryptocurrency. Select your state and get started today! [Start Investing](https://money.com/pr/xa8a6fbbc40c?ap_referrer=%2Fhow-to-buy-crypto-and-bitcoin-in-australia%2F) Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures. ## Get started with a brokerage account For investors who are averse to the crypto landscape, [bitcoin ETFs](https://money.com/etfs-for-crypto-exposure/) can be traded through traditional equity brokerage accounts. But a fundamental concept of crypto is its decentralization — something that traditional brokerages do not provide. These types of accounts are a good resource for beginners, but if you want full control and anonymity, you’ll want to use a digital wallet that doesn’t require any personal details. If you are just getting started and don’t care about making anonymous trades, a brokerage account may be right for you. Many of these firms have been expanding their crypto offerings, allowing customers to buy the digital assets in addition to stocks, bonds and ETFs. Before you create a brokerage account, be sure to review whether the firm allows you to buy and sell crypto. (Some only let you buy bitcoin and ethereum.) One major downside of a brokerage account is that you have to provide personal details like your ID and your Tax File Number (TFN). That’s because these types of accounts prevent you from being anonymous, which is a dealbreaker for some crypto enthusiasts. If you have an [anonymous wallet](https://money.com/how-to-buy-crypto-bitcoin-anonymously-without-verification/), you must avoid linking it to a brokerage account. That way, you can preserve your anonymity when making crypto transactions. ## Use a digital wallet to keep your information private Creating a digital wallet will give you more anonymity when you trade crypto. Some of these wallets do not require any personal details, such as your ID or Tax File Number. Australians can choose from some of the [best digital wallets](https://money.com/best-crypto-wallets/), including Exodus, Zengo and [Best Wallet](https://money.com/pr/m0c8d3d7bc2f?data-trk-company=best-wallet-review&data-trk-imp=true&data-trk-pcu-type=direct_link&data-trk-pcu-uuid=m0c8d3d7bc2f&encoded_id=&ap_referrer=https%253A%252F%252Fmoney.com%252Fhow-to-buy-crypto-and-bitcoin-in-australia%252F). The last one, for example, is relatively new but has garnered strong reviews online and via the App Store and Google Play. The app has more than 30,000 reviews across both stores with an average of 4.4 stars out of 5. Before committing to one, investors should compare crypto wallets based on their pricing, features and the number of cryptocurrencies they make available. For instance, Best Wallet charges a 3% transaction fee for buy orders and lets you invest in thousands of cryptocurrencies on more than 50 blockchains — most brokerage accounts and crypto wallets do not offer that many choices. ## How to buy bitcoin in Australia using Best Wallet You can follow these steps with most crypto wallets and brokerage accounts, and doing so means you’re only a few minutes away from being able to buy and sell crypto in Australia. ### Step 1: Download the app The Best Wallet app is available via the App Store and Google Play. Most crypto wallets and brokerage accounts are also available in those app stores. You will have to create an account, and Best Wallet will request that you provide a PIN and go through a simple biometric authentication process. These protocols will make your account more secure. All of these apps and brokerage accounts will let you trade bitcoin. However, some digital wallets also give you exposure to various altcoins like ethereum, cardano, dogecoin and shiba inu. ### Step 2: Head over to the “Buy” section Best Wallet has a “Buy” section in its dashboard that makes it easy to trade cryptocurrencies. Most crypto wallets and brokerage firms have a similar section that streamlines the investing process. Be sure to select which crypto asset you want to buy. ### Step 3: Enter the amount Now that you have selected a cryptocurrency, the next step is to enter how much you want to buy. [Best Wallet](https://money.com/pr/m0c8d3d7bc2f?data-trk-company=best-wallet-review&data-trk-imp=true&data-trk-pcu-type=direct_link&data-trk-pcu-uuid=m0c8d3d7bc2f&encoded_id=&ap_referrer=https%253A%252F%252Fmoney.com%252Fhow-to-buy-crypto-and-bitcoin-in-australia%252F) — and many other wallets and brokerages — will let you know how much bitcoin you can buy. For instance, if you want to invest AU$1,000 into bitcoin, Best Wallet will calculate what fraction of a bitcoins that amount can buy. This rule also applies to various altcoins as well. ### Step 4: Provide your payment details A crypto wallet or brokerage firm will request your payment details before processing the transaction. You will have to choose from options like a bank account, [debit card](https://money.com/how-to-buy-bitcoin-crypto-with-a-debit-card/) or [credit card](https://money.com/how-to-buy-crypto-bitcoin-with-a-credit-card/). After entering this information once, it is saved for future purchases. ### Step 5: Double-check the order ticket After filling in these details, you can submit your order. However, it’s good to double-check the order ticket before you buy crypto. It’s good to ensure you didn’t make any mistakes, but you may look at your order and decide you want to buy more crypto. You can always change the pound amount before processing a transaction. Buying crypto may feel complicated the first time, but it gets easier with experience. With enough practice, you can go from opening an order ticket to placing your order in one minute. For residents of Australia, numerous options are available, including brokerage accounts that offer access to crypto, as well as several highly rated crypto wallets. ## Compare Crypto Wallets Today ### Own crypto—and bank, borrow, invest—all in one app ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/35181/medium_5684f912-7a5b-41aa-9612-d176140b8756.webp) Our Partner [Start Investing](https://money.com/go/903593612b05?bidid=4053351802&pmeta=p129-c1003-u24464&ptid=664752966&ptoken=a533bbd72eef1b3fbe7da05764805100) ### Watch 2,000 crypto markets across multiple exchange ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/37687/medium_e07d0277-9443-4943-95ae-3c4b5f116dda.webp) Our Partner [Start Investing](https://money.com/go/c6d52b8a8b11?bidid=4053351789&pmeta=p129-c1003-u24464&ptid=664752966&ptoken=6cd1321aa5d7dd3162a54b6558dc8626) ### Zero wallets hacked since 2018 ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/21764/medium_697ebd7c-81e9-4b79-a9b5-4208486d7fc5.png) Our Partner [Start Investing](https://money.com/go/a7b717eb7814?bidid=4053351798&pmeta=p129-c1003-u24464&ptid=664752966&ptoken=f92f3cde558498d0aee960dd2aeffd66) ### Robust security measures ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/25167/medium_6ffb8e26-c174-4c4b-b1bd-3da570a5fe64.png) Our Partner [Start Investing](https://money.com/go/d4d59bb0d959?bidid=4053351800&pmeta=p129-c1003-u24464&ptid=664752966&ptoken=9dd33c77cc3f85cd21780df2f6dad627) ### Secure vault, user-friendly interface, and FDIC insured ![Start Investing](https://s3.consumersadvocate.org/prd/image/image/15529/medium_919a3dd7-f2c3-4ff2-a42d-661bfc3d4aec.png) Our Partner [Start Investing](https://money.com/go/cbc81e013ede?bidid=4053351784&pmeta=p129-c1003-u24464&ptid=664752966&ptoken=08c5b49394386eb49ec642c9f31a6073) ![](https://s3.consumersadvocate.org/prd/image/image/35181/medium_5684f912-7a5b-41aa-9612-d176140b8756.webp) Start investing in crypto with SoFi® [Start Investing](https://money.com/pr/i0cab33ed2c9?ap_referrer=%2Fhow-to-buy-crypto-and-bitcoin-in-australia%2F) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/how-to-buy-crypto-and-bitcoin-in-australia/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Investing", "item": "https://money.com/investing/" }, { "@type": "ListItem", "position": 3, "name": "Cryptocurrency", "item": "https://money.com/cryptocurrency/" }, { "@type": "ListItem", "position": 4, "name": "How to Buy Crypto and Bitcoin in Australia" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/how-to-buy-crypto-and-bitcoin-in-australia/#webpage", "url": "https://money.com/how-to-buy-crypto-and-bitcoin-in-australia/", "name": "How to Buy Crypto and Bitcoin in Australia", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2025-06-04T14:45:35.000Z", "mainEntity": { "@id": "https://money.com/how-to-buy-crypto-and-bitcoin-in-australia/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/how-to-buy-crypto-and-bitcoin-in-australia/#breadcrumb" }, "dateModified": "2026-08-06T19:44:28.000Z" }, { "@type": "Article", "headline": "How to Buy Crypto and Bitcoin in Australia", "articleSection": "Investing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2025/05/Crypto-UK.jpg?quality=85", "width": 2880, "height": 1920 } ], "author": [ { "@type": "Person", "name": "Marc Guberti", "url": "https://money.com/author/marc-guberti/", "@id": "https://money.com/author/marc-guberti/#author", "description": "Marc Guberti is a personal finance writer who hosts Breakthrough Success, a podcast where he teaches listeners how to grow their businesses and achieve personal transformations.", "worksFor": { "@id": "https://money.com/#organization" } } ], "publisher": "https://money.com/#organization", "datePublished": "2025-06-04T14:45:35.000Z", "description": "This guide will unveil some of the options Australians have if they want to buy bitcoin or other cryptocurrencies.", "abstract": "This guide will unveil some of the options Australians have if they want to buy bitcoin or other cryptocurrencies.", "@id": "https://money.com/how-to-buy-crypto-and-bitcoin-in-australia/", "inLanguage": "en-US", "dateModified": "2026-08-06T19:44:28.000Z", "editor": [ { "@type": "Person", "name": "Jordan Chussler", "url": "https://money.com/author/jordan-chussler/", "@id": "https://money.com/author/jordan-chussler/#author", "description": "Jordan is an investment editor and CPFC who specializes in traditional equities, gold and other precious metals, retirement savings and income investing. 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