CoinSpot, established in , is a popular Bitcoin & cryptocurrency exchange based in Australia. CoinSpot provides a simple and easy to use interface with a wide selection of features. Users can deposit via POLi, PayID, BPAY, cash deposit or direct deposit. The exchange supports Bitcoin, Ethereum, Litecoin & + other coins. Dec 03, · Regulated FX Brokers That Accept Bitcoin for Deposits/WD. Broker Min Deposit Spread Leverage Regulation Founded in , the company has its headquarters located in Melbourne, Australia. The. Buy & Sell Cryptocurrency in Australia With Bitcoin Dealers Bitcoin Dealers have secure, conveniently situated exchanges established in Melbourne, Sydney and Adelaide business hubs, which is perfect if you want to buy and sell cryptocurrency for fiat in Australia, including Bitcoins.
Melbourne bitcoin brokerBitcoin Dealers Australia | Buy & Sell Cryptocurrency For Cash
If the price goes down, you will profit from any decrease from the price you executed the trade at. Another key point is that, because Bitcoin has become so expensive, when you buy the Cryptocurrency using a digital wallet, it can tie up a great deal of your capital. Deciding whether or not to trade Bitcoin online depends on what your financial goals are. Some of the reasons that Australian investors trade Bitcoin include:.
All trading involves fees and are mostly made up of transaction fees and overnight financing. These trading fees cover the use of the platform and are known as the spread. These vary from market to market and trading platform provider. Overnight financing is a fee to keep the trade open when the markets are closed. These fees are similar to an exchange, where they charge you each time you transact in your digital wallet. Below are the most common ways to trade.
I would make sure you pick the strategy that resonates with you and how involved you want to be. The easiest will make you least profit vs the hardest, which is logical. This is probably the easiest way to trade, but the least engaged as you look upon it as a long term investment. Trend Trading — this is where you take a trading position that mathes the current market trend.
I the market is trending up bullish over time then you would go long buy , however if the market was trending down bearish then you would go short. When the trend starts to look to change you would look to close your position, bank the profit and reopen reflecting the current trend bull or bear.
Day trading — means just that, trading the rise and fall of the price over a single trading day. This is the most intensive type of trading as you take advantage of the short term price movements. Remember to bring points of ID as it is requirement to buy and sell Bitcoin. We have 3 branches around Australia, Melbourne, Sydney and Adelaide.
Our 3 private and secure offices are in the city centres, here you can meet a real person to help you buy or sell bitcoin and all major digital currencies.
And the Sydney office is located right next to Martin Place station. We do not have any fees, however there is a difference between the buy and sell price the bid and ask. When you want to buy, the buy price is higher than the sell price, and when you want to sell, the sell price is lower than the buy price. All markets in the world have a bid and ask system, we follow the same system.
Yes making it very easy and convenient with Bitcoin Dealers. Bitcoin is like cash and should be treated as such. You can think of Bitcoin as been digital cash, therefore very easy to convert to cash at any time. Our exchange offers easy, fast and secure to Bitcoin for cash transactions and vice versa. Many experts agree that digital currencies are the way of the future, like emails replaced fax machines and digital cameras replaced film cameras.
Would you go and buy a fax machine now days? Most likely no you would not. The world is changing due to technological advances and outdated ways of doing things. Bitcoin and digital currencies are the latest technology in the world of currencies.
But remember at the end of the day it is your decision if Bitcoin is the right investment for you, there is a large amount of very good information on the web that is worth studying to make an inform decision.
Yes Bitcoin is Legal here in Australia. A word of caution, the banking system are very anti Bitcoin here and all over the world. The simple explanation is that Bitcoin is their competition. Some people might take this as a misinterpretation and think that Bitcoin is illegal. Bitcoin was originally created to go outside of the banking system to provide faster, more convenient and cheaper transfers. Yes Bitcoin is extremely safe to use, however be extremely wary of scams.
Due to bitcoin being almost impossible to find who owns a Bitcoin wallet, and not been able to freeze or confiscate Bitcoin, scammers all over the word us it to ask for payments. Please use your common sense, scammers use many techniques so it would be impossible to list them here.
However Bitcoin wallets are different to bank accounts as cryprocurrency wallets do not have names and you do not require to give any information whatsoever to open a wallet. Therefore is almost impossible to ever match a wallet to an actual person.
Unless the owner of the wallet shares the 12 words private key. Please visit Swyftx for its exact pricing terms. Established in , CoinJar is the easiest way to buy, sell, store and spend digital currency.
We may receive compensation when you use CoinJar. Please visit CoinJar for its exact pricing terms. We may receive compensation when you use easycrypto.
Please visit easycrypto. It caters to retail users, traders, SMSFs and institutions. They use encrypted, geo-dispersed data centres and top tier underground vaults to protect your data and crypto. We may receive compensation when you use Independent Reserve. Please visit Independent Reserve for its exact pricing terms. Residents of Australia can use Coinbase to purchase bitcoins with a debit card.
The fees are 3. We may receive compensation when you use Coinbase. Please visit Coinbase for its exact pricing terms. Coinmama allows customers in almost every country to buy bitcoin. They charge a 4. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama. We may receive compensation when you use Coinmama.
Please visit Coinmama for its exact pricing terms. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins. It also offers unique features like copy trading. Investments are subject to market risk, including the loss of principal. We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
We may receive compensation when you use Coinbase Pro. Please visit Coinbase Pro for its exact pricing terms. Founded mid, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries.