Today, buying bitcoin (BTC) with Aussie dollars (AUD) has become pretty easy, thanks to the many local Bitcoin and crypto exchanges that have popped up to service the Australian market.
Read on to discover five Bitcoin brokers and exchanges you can use to buy BTC with AUD.
paybtc
paybtc is an Australian-based non-custodial exchange that allows users to buy and sell BTC with AUD.
As a Bitcoin-only exchange, paybtc allows you to seamlessly buy BTC with a bank transfer. Moreover, as a self-custody exchange platform, users have full control of their funds. While this means that users are responsible for securing their BTC, it also means that they can access their coins at any time.
paybtc has a simple interface, ideal for both beginners and experienced users and is available on desktop and mobile as a web-based platform. It also provides highly responsive, human customer support.
Pros
- Simple interface that’s easy to use and navigate
- Users have complete control of their BTC
- Supports fiat payment options such as bank transfer and PayID
- Allows users to pay bills using BTC
Cons
- Lacks advanced trading tools for experienced traders
Bitaroo
Available in both Australia and New Zealand, Bitaroo allows users to buy BTC using AUD. As a Bitaroo user, you can buy/sell, trade, and pay bills using Bitaroo.
Bitaroo was built to make trading easy for Bitcoiners and is available on both Android and iOS devices. It features an ‘Express Buy’ option, simplifying the BTC buying process.
It also has a Recurring Buy (DCA) option for traders who’d like to repeatedly trade bitcoin using the same orders.
Pros
- Available as an app for Android and iOS and as a web-based platform
- Has an auto-DCA feature for recurring trade orders
- Lightning Network support
Cons
- No live support or phone assistance
HardBlock
HardBlock is another Bitcoin-only exchange on our list that you can consider when looking to buy Bitcoin with AUD. The platform markets itself as an exchange that “helps people take control of their savings.”
Purely web-based, HardBlock is simple to use thanks to the automation that allows users to send money from their bank to their hardware wallet for a set-and-forget savings plan.
In addition, HardBlock users can reach out to the customer support team for any inquiries and interact with real people, not bots.
Pros
- Has an automated DCA feature
- Automatic transfers of in-platform BTC to cold wallet storage for long-term saving
- Features a user-friendly interface
Cons
- Lacks advanced charting tools
Swftyx
Swftyx exchange was built with multiple features to cater to the needs of both novice and experienced traders.
The platform features an easy-to-navigate interface that allows users to trade bitcoin instantly. Besides its web-based platform, Swftyx is also available as an app, allowing traders to make trades while on the move.
Swftyx supports a wide range of cryptocurrencies and payment methods. In addition, it has a responsive customer support team available 24/7 via the live chat option.
Pros
- Allows direct and instant Australian dollar deposits
- Offers several payment methods
- Features demo accounts for beginner traders
Cons
- Limited advanced trading options, especially for advanced traders
CoinSpot
CoinSpot is the last exchange in our guide that you can use to buy BTC with AUD. Similar to Swftyx, CoinSpot also supports a wide array of cryptocurrencies, including BTC.
Besides supporting various digital currencies, CoinSpot also offers various payment methods, such as BPay, direct deposits using AUD or USD, and PayID.
Offering over ten different products, CoinSpot is available as an app for Android and iOS users as well as a web-based platform. Customer support is also available 24/7 via live chat and email.
Pros
- Available as an app for both Android and iOS users and on the web
- Features an NFT marketplace
- Easy-to-use interface
Cons
- Instant transactions require higher fees
- Limited advanced trading options, like margin trading and derivatives
The Bottom Line
Today, Australians can easily buy BTC using AUD in minutes, thanks to the growing number of local Bitcoin and crypto exchanges servicing the Australian market.
Using a non-custodial Bitcoin exchange like paybtc, for example, allows you to seamlessly buy and sell BTC with AUD from and to your bank account, making investing in bitcoin as easy as possible.
Most importantly, however, investors need to do their own research before deciding what to invest in and which platform is most suited for them.
