BuyBitcoinBTC Logo

Buying Bitcoin in Australia

Buy Bitcoin in Australia

Straightforward guide for Aussies who want to buy Bitcoin safely and easily — with real prices, trusted exchanges and plain-English explanations.

Live Bitcoin Prices

Snapshot of the current Bitcoin price in AUD and USD, plus rough historical levels for context.

BTC Now (AUD)

Loading…

BTC Now (USD)

Loading…

~1 Year Ago

$66,000 AUD

~2 Years Ago

$32,000 AUD

~5 Years Ago

$12,500 AUD

~10 Years Ago

$450 USD

Historical numbers are rough guides only and not exact to the dollar. Always check live charts inside your chosen exchange.

What is Bitcoin & why are Aussies buying it?

Bitcoin is digital money that runs on a public network instead of a bank. There will only ever be 21 million coins. People use it as a long-term store of value, a hedge against inflation, and a way to move money globally without traditional banking.

Trying to perfectly time the bottom or top is almost impossible. A lot of Australian investors use a simple strategy called dollar-cost averaging — buying a small amount of Bitcoin regularly over months and years instead of gambling on a single big buy.

If you're brand new, platforms like CoinSpot and Swyftx are popular because they support AUD, PayID and bank transfers, are AUSTRAC-registered, and are built with beginners in mind. You can start with as little as a few dollars and learn as you go.

None of this is financial advice. Learn, compare, and only invest what you can afford to lose.

Popular exchanges Australians use to buy Bitcoin

CoinSpot

Founded: 2013 · Australian-based, AUSTRAC-registered

Fees: Around 1% for instant buy/sell, lower fees for market trades.

Security: Long-running platform with strong security practices and external certifications.

Ease of use: Very beginner-friendly interface, instant PayID deposits, simple BTC/AUD experience.

Click here to join CoinSpot and get $10 AUD worth of Bitcoin FREE!

Independent Reserve

Founded: 2013 · Based in Sydney, serving Australia, NZ and Asia.

Fees: Maker/taker fees that decrease as your trading volume increases.

Security: Strong reputation with regulation focus, insurance options, and institutional-grade custodial practices.

Ease of use: More of a professional “trading desk” layout, popular with SMSFs and larger investors rather than total beginners.

Click here to join Independent Reserve and get $20aud/nzd worth of Bitcoin FREE!

CoinJar

Founded: 2013 · Started in Australia and now operates in Australia and the UK.

Fees: Simple buy/sell pricing, with a separate exchange interface offering more competitive trading fees.

Security: One of the longest-running crypto platforms with a solid reputation and no major publicly reported loss of customer funds.

Ease of use: Clean, beginner-friendly interface with extras like crypto spending cards for day-to-day use.

Click here to join CoinJar and get 500 CoinJar Points FREE

Binance

Founded: 2017 · Global cryptocurrency exchange with very high trading volume.

Fees: Very low base trading fees, often around 0.1% or less, with further discounts available.

Security: Has experienced large-scale security incidents in the past but reimbursed affected users and significantly upgraded security systems. Continues to face regulatory scrutiny in various countries.

Ease of use: Powerful platform packed with features. Better suited to intermediate or advanced users rather than complete beginners.

Join Binance — a trusted global exchange with low trading fees

Crypto.com

Founded: 2016 · Global platform with exchange, app and card products.

Fees: Tiered fee model; standard spot trading fees are competitive, with discounts for higher volume and token holders.

Security: Previously had a security incident with funds stolen but covered and security upgraded afterwards.

Ease of use: Very app-focused experience with rewards, cards and extra features beyond simple buying.

Kraken

Founded: 2011 · One of the longest-running global exchanges.

Fees: Low maker/taker fees, especially attractive for higher-volume traders.

Security: Strong security reputation, with no major exchange-wide theft of customer funds publicly reported.

Ease of use: More advanced trading interface; better for people who already understand order books and charts.

Coinstash

Founded: 2017 · Australian-focused platform.

Fees: Simple, transparent fees (often around 1% for buy/sell) with options for recurring purchases.

Security: Smaller but growing exchange; no major security breaches widely reported.

Ease of use: Very straightforward interface and auto-invest features suited to people building long-term positions.

eToro

Founded: 2007 · Multi-asset trading platform with crypto, stocks and ETFs.

Fees: Uses spreads and percentage-based crypto fees; not always the cheapest but easy for people who already use eToro for shares.

Security: Regulated broker with a long history and no major crypto-theft incidents widely reported.

Ease of use: Great if you like social and copy trading, and want Bitcoin alongside other investments in one app.

How to buy Bitcoin in Australia (quick overview)

Most Australians who search for “how to buy Bitcoin”, “buy Bitcoin in Australia”, “Bitcoin price AUD” or “best crypto exchange Australia” end up following the same basic steps:

  1. Pick a trusted, AUSTRAC-registered exchange such as CoinSpot, Independent Reserve or BTC Markets.
  2. Sign up and complete ID verification (KYC) so you can legally deposit and trade.
  3. Deposit Australian dollars using PayID, bank transfer or card (depending on the platform).
  4. Place an order for BTC/AUD — either instant buy for simplicity or a market/limit order for more control.
  5. Decide whether to leave your Bitcoin on the exchange or move it to your own wallet for long-term storage.

Always double-check fees and security information on the official exchange website. Cryptocurrency is volatile and high risk — never invest money you can’t afford to lose.

Learn More About Crypto