A host of Australian-based exchanges, such as CoinSpot, Swyftx and BTC Markets, allow users to purchase a range of cryptocurrencies with AUD, including through bank transfers, in some instances, or via BPAY.
What is the best platform to buy Bitcoin in Australia?
Yes, bitcoin can be used for personal or business transactions in Australia. You can pay for coffee, a car, or even a house with bitcoin. However, just because you want to pay with bitcoin, doesn't mean a business has to accept it. It's everyone's choice whether they accept bitcoin as payment or not.
Is it legal to buy Bitcoin in Australia?
Bitcoin ATMs in Australia are mostly found in the country's two biggest cities, Sydney and Melbourne. Adelaide had the third-highest number ATMs with four in February 2021, despite only being the fifth-largest city in the county.