How to Purchase Bitcoin (BTC) using Australian Dollar (AUD)

To buy Bitcoin using Australian Dollar, first, find a cryptocurrency exchange that supports the BTC/AUD trading pair, such as YouHodler, BTSE, Kraken or Luno. Create an account, verify your identity, and deposit your AUD into your exchange wallet. Locate the BTC/AUD pair on the trading platform and place an order to exchange your Australian Dollar for Bitcoin. If the BTC/AUD pair is unavailable, you can first exchange Australian Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.