As the world embraces cryptocurrencies, many Australians are looking for ways to get involved. Whether you’re an advanced trader looking for a high-quality Australian crypto exchange or just starting out, there are plenty of good options available. Top Australian platforms typically offer extensive lists of supported assets and allow for easy fund deposits and withdrawals. In addition, look for one that offers a variety of payment methods, including bank transfers and credit cards.

Investor centre is the most popular cryptocurrency on the market, and for good reason. Its scarcity, a cap on how many coins can be mined and its perceived value as a safe haven against inflation are all driving factors in its price. But Bitcoin is just the tip of the iceberg when it comes to digital currencies.

How to Buy Crypto in Australia: A Beginner’s Guide

Getting started with cryptocurrency is simple. Register for an account on your chosen exchange and verify your identity. After that, you can deposit AUD funds and begin trading.

Cryptocurrency is a legitimate investment in Australia, but be sure to keep detailed records of any transactions for tax reporting purposes. As a general rule of thumb, any financial gains you make on your investments are taxable as capital gains.

Some Australian-based crypto exchanges such as Swyftx, Independent Reserve and OKX Australia have a range of educational resources to help you learn the ropes. Others, such as CoinSpot, provide a full cryptocurrency wallet that can be used to store your new assets. Once you’re ready to make your first transaction, all it takes is a few clicks to buy and sell your preferred currency.