Bitcoin.com.au review
- Regulator registration
- AUSTRAC
- Supported assets
- 30
- Fiat currencies
- 1
Summary
Bitcoin.com.au lets you buy Bitcoin and 20+ other cryptos via its beginner-friendly platform.
If you want to buy and sell Bitcoin or buy Ethereum quickly and easily, Bitcoin.com.au is well worth considering. This Australian platform lets you buy Bitcoin and Ethereum with cash, as well as sell Bitcoin for Australian dollars (AUD).
This review outlines the features and fees of Bitcoin.com.au to help you decide whether it's the right crypto brokerage for your needs.
Pros
-
Easy-to-use platform.
-
Simple, secure wallet.
-
Wide range of payment options available.
Cons
-
Limited cryptocurrencies available.
-
Deposit fee on bank transfer under $100.
-
No spot market.
Details
Product details
Product Name | Bitcoin.com.au |
Fiat Currencies | AUD |
Cryptocurrencies | BTC, ETH, LINK, ADA, DOGE, SOL, DOT, LTC, SAND, MANA, XRP, DAI, USDT & 17 more |
Deposit Methods |
Bank transfer Credit card Cryptocurrency Debit card PayID |
Trading Fee | 1% |
Deposit Fees |
Cryptocurrency: None (gas/network fees apply) AUD Deposits: None for over $100; $0.99 for deposits under $100 Debit or Credit card: None PayPal: None |
Withdrawal Fees |
Bank transfer: None EFT: None PayID: $1.50 Cryptocurrency: Fees vary |
Which fiat and cryptocurrencies are supported?
- Supported fiat currencies: AUD
- Supported cryptocurrencies: Approximately 30 cryptocurrencies
Which payment methods are accepted?
- Bank transfer
- Credit card
- Cryptocurrency
- Debit card
- PayID
Bitcoin.com.au fees
Platform trading fees
You'll pay a 1% fee whenever you buy or sell Bitcoin or other coins via Bitcoin.com.au, plus a spread.
Deposit and withdrawal fees
Deposits are free when made via PayPal, debit or credit card, as well as bank transfers above $100. However, your bank or card provider may charge a fee when depositing funds.
You'll need to pay a $0.99 processing fee on deposits under $100.
Bank withdrawals are also free, but you'll pay a $1.50 fee for PayID or NPP withdrawals.
Transaction fees
Bitcoin.com.au doesn't hold funds for its users. Instead, your crypto is stored in a self-custodial wallet.
As such, all deposit, withdrawal and transaction fees are built into the trading fees listed above.
If you want to send your crypto to another wallet, you'll need to pay a transaction fee that varies based on the coin you're looking to transfer.
Is Bitcoin.com.au safe to use?
- Regulation. Bitcoin.com.au is registered with AUSTRAC in line with its obligations as a business that buys and sells Bitcoin. It complies with AUSTRAC's AML/KYC requirements.
- Verification process. Bitcoin.com.au verifies users through Australia's PostID system.
How do I start trading at Bitcoin.com.au?
- Sign up for an account via the Bitcoin.com.au website or app.
- Verify your account using your ID.
- Deposit funds.
- Select the crypto you want to buy.
- Enter the amount you want to purchase and confirm the order.
What else do I need to know about Bitcoin.com.au?
Bitcoin.com.au was founded in Australia in 2013 and now has more than 350,000 customers.
Compare Bitcoin.com.au against other exchanges
Compare alternatives
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Frequently asked questions
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Andrew Finder
Editor
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