Jump to content

Recommended Posts

It is by far the most common question we receive, How do I buy Cryptocurrency in Australia?

This article will be edited and added to over time because there are a number of avenues one can take to purchase Crypto, and these are ever changing.

However, as a beginner, you can't go past Coinspot as your initial entry point into investing and trading in Cryptocurrency, it is arguably where most recent Aussie Crypto Investors started. Seasoned investors will suggest other avenues to avoid fees, however, the reality is those fees do work out quite similar and alternative processes can be quite involved not to mention daunting!

Coinspot is a Melbourne based business that has simplified the process of purchasing your first Bitcoin or Cryptocurrency, offer a range of 'Alt coins' to purchase as well as the wallets to store them. Simple charts are provided to see the overall performance of the currencies and the 'Top movers' of the hour and day are also highlighted. 

An initial verification process is required, similar to opening a bank account you are required to provide a number of points of ID, including a current photo. Please note that during peak times this verification process can take a week or two, so plan ahead. 

To start buying, you deposit Australian Dollars AUD into your Coinspot account via BPay, cash deposit at selected Newsagents or the other forms they may offer at the time. You can then navigate through the wide variety of Coins, Bitcoin, and numerous other 'Alt Coins' to make your first purchase into Cryptocurrencies. 

 

5a5aabc078c5c_Screenshot2018-01-1411_54_18.thumb.png.a17062644974b1dc77bdb98bfe095736.png

 

And that's it! You are now a holder of Crypto Currency! You can now store your coins/tokens in the Coinspot provided wallets, or look to transfer them to a local wallet, exchange or even a hardware wallet. More on all those soon!

Disclaimer: CryptoFind is an affiliate of Coinspot and receives commision on eligible referrals. Trade and invest at your own risk.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Content

    • By MichaelStewart1717
      Hello guys!

      I’m Michael, I represent 7b crypto broker app. Recently we’ve dropped our app on Google Play and now we invite your community to test it and share your ideas on how to upgrade it!

      Download our app and join us in the mission of saving the world from bad crypto brokers !

      PS 

      Don’t forget to send you feedback here - [email protected]
    • By mydexpayxmd
      Mydexpay Xmd Project Digital Revolution

      -Mydexpay Xmd projects What is it?
      -Mydexpay Xmd masternode and Mining system, unique algorithmic structure which is
      proof of winner technology and developing algorithm, energy consumption and without server costs
      allowing no production masterlif and mininglif system of life
      is environmentally friendly with geçirmiştir.b feature.
      At the same time developers in the world, which is the only project investors.

      Mydexpay Xmd What is it?

      Xmd mydexpay project of digital money is a token that can be birimidir.üretil
      uses Erc20 infrastructure.

      Earning Options -Mydexpay Xmd What?
      -Masterlif to
      -miniglif to
      -Consultancy
      in the A-Train
      -Impairment Increase
      -Contrat (coming soon)
       

      What Masterlif to Gain?

      Daily about 1%, 30% monthly gain block awards arising from production systems to Masterlif
      has begun distribution.
      The minimum investment amount is 10,000 xmd d.
      Investment time has the right to cancel with a 50% deduction for cancellations before the 1 yıldır.sür.

      When expires in masternode it is continuously keeps the masternode be returned to investors.
      Masterlif production to 1% per day, has begun to gain 30% per month.
      However, increases in production units Dextran (degree of difficulty) ratio decreases and distributed prizes block rate decreases.

      What Mininglif to Gain?

      750% Mining total period of 4 percent in the token system arising from the production block awards are distributed.
      Mininum investment value continues to increase as 200 xmd dir.200 xmd and floors.
      Each block is twice the value of the previous block is different from the values of the blocks.
      Similarly, the depth of each block is different.
      Block depth continues to increase from 16 to 4 times to start
      the second depth when the first depth opens up.
       
          Gain Consulting What is it?

      Mydexpay Xmd Project unity therefore been planned development funds allocated to the 25% block awards to proceed with the power
      Profosyonel giving consultancy services are distributed as prizes to developers who contributed to the project development.
      New member registration is reflected in a 10% premium to the cost of the investment adviser of the first investors in depth.

      The next packet in the reception continue to be reflected in the packet reception in the fifth i primi% eder.ayrı by
      two derinliktn 4% in 3.derinlik 3%, 2% and 5.derinlik in 4.derinlik total being 1%
      to 5 depth distributed primary than 15%.
      These premiums continue to be reflected as long as premiums continue to be investment advisors.
      In total, 25% will be distributed premium consulting

      Trade

      Now Vindax and Etherfley it is listed on the stock exchanges.
      Those who wish to follow the price
      can take advantage.
      Token is XMD total supply of 21 billion.
      Erc20 it based.
      XMD / USDT, XMD / VD, XMD / ETH and XMD / action pair in the BTC can be made.

      Revaluation of

      future promising, the XMD generated a token, stable progress of the road map and the letter that
      on the follow day by day due to the reasons given above BaseT attention çekmektedir..b and
      increase in value because it is inevitable.

      Road map

      The project has its own decentralized exchange, wallets and is planned to continue the development of commercial agreements with

      Mydexpay Partnership's power

      TO REGISTER CLICK HERE     https://mydexpay.io/whitepaper.html
    • By abu
      Serenity energy’s airdrop is coming Soon with Token Distribution.    
      What is serenity?
      Serenity is multi-faceted blockchain based eco-system, energy retailer for the people, focusing on the promotion of sustainable living, renewable energy production and smart energy grid utility services. We aim to become the incubator for new renewable energy-related projects by using  the power of crowd.
      Serenity energy’s first IEO will start at sistemcoin on 13/07/2019
      Please visit our website and read whitepaper at : https://serenitysource.com.au
      Join our telegram group for any query                  : https://t.me/SerenityIEO
      Please visit for IEO at                                                :  https://sistemkoin.com/                        
    • By abu
      Democratize Crypto Marketing and Advertising project.
       IEO price 1 ETH= 22888 CMA
      First IEO will commence on 5th-6th, 2019 in IDAX exchange, price would increase at 1 CMA= 0.01 USD during IEO.
      CMA have approved on big exchanges for IEO and giving 100% exchange listings after the IEO.
       
      Please visit at https://www.cryptomarketads.com/ and
      Join the Telegram Group : https://t.me/CryptoMarketAdsOfficial
      For IEO visit at  : https://www.idax.pro
      Please see the IEO article on IDAX exchange :
      https://idax.zendesk.com/hc/en-us/articles/360028837471-IDAX-Foundation-new-project-CMA
       
    • By abu
      Democratize Crypto Marketing and Advertising project.
       IEO price 1 ETH= 22888 CMA
      First IEO will commence on 5th-6th, 2019 in IDAX exchange, price would increase at 1 CMA= 0.01 USD during IEO.
      CMA have approved on big exchanges for IEO and giving 100% exchange listings after the IEO.
       
      Please visit at https://www.cryptomarketads.com/ and
      Join the Telegram Group : https://t.me/CryptoMarketAdsOfficial
      For IEO visit at  : https://www.idax.pro
      Please see the IEO article on IDAX exchange :
      https://idax.zendesk.com/hc/en-us/articles/360028837471-IDAX-Foundation-new-project-CMA
       
  • Who's Online   0 Members, 0 Anonymous, 5 Guests (See full list)

    There are no registered users currently online

×
×
  • Create New...