Introduction
When purchasing Bitcoin, there are several factors to think about, including picking an exchange to buy it from and the transaction method. Fortunately, we’ve put together a bunch of reputable exchanges to help you with the process.
Step-by-Step Guide
1. Choose an Exchange
Research and choose a cryptocurrency exchange that operates in Australia and supports Bitcoin trading. Consider factors like fees, security, and user reviews.
See all 40 pricesPlatform Coin Price Nexo Bitcoin (BTC) 95,200 PrimeXBT Bitcoin (BTC) 95,155.6 M2 Bitcoin (BTC) 95,116.26 Uphold Bitcoin (BTC) 95,203.5 EarnPark Bitcoin (BTC) 94,756.34 Klink Bitcoin (BTC) 95,177 2. Create an Account
Sign up on the exchange's website or mobile app, providing personal information and identity verification documents.
See all 40 pricesPlatform Coin Price Nexo Bitcoin (BTC) 95,200 PrimeXBT Bitcoin (BTC) 95,155.6 M2 Bitcoin (BTC) 95,116.26 Uphold Bitcoin (BTC) 95,203.5 EarnPark Bitcoin (BTC) 94,756.34 Klink Bitcoin (BTC) 95,177 3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the Bitcoin Market
Once your account is funded, search for Bitcoin (BTC) in the exchange’s marketplace.
5. Choose a Transaction Amount
Type in the desired amount of Bitcoin you wish to buy.
6. Confirm Purchase
Have a look at the Transaction Details and Confirm Your Purchase by clicking the Buy BTC or equivalent button.
7. Complete Transaction
Your Bitcoin purchase will be processed and deposited into your exchange wallet in no time.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.
What to be Aware of
When buying Bitcoin, it’s important to select a reputable exchange that's easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.
Latest Movements
Bitcoin (BTC) is currently priced at USD 95,586.56 with a 24-hour trading volume of USD 62.65B. Over the last 24 hours, Bitcoin has experienced a decrease of -0.69%. The market cap of Bitcoin stands at USD 1.85T, with USD 19.81M BTC in circulation. For those looking to buy or trade Bitcoin, Nexo offers avenues to do so securely and efficiently
- Market cap
- USD 1.85T
- 24h volume
- USD 62.65B
- Circulating supply
- USD 19.81M