You can sell your BTC holdings for any fiat currency, including Australian dollars (AUD). If your intention for selling your BTC is to cash out in AUD, this guide is for you. Here’s how you can do it: Open an account on an exchange that supports BTC and Australian Dollars or any fiat currency of your choice. As one of Australia’s first Bitcoin exchanges, we’ve helped Australians buy Bitcoin since Our Melbourne-based team are passionate about crypto, and we’ve expanded to feuerwehr-matzenbach.de, feuerwehr-matzenbach.de and more. Support from real people. Thanks to our partnership with Australia Post, you can now pay for your Bitcoin and Ethereum at one of 4, Australia Post offices across the country. Australia Post’s Post Billpay service lets you pay for Bitcoin orders between $50 and $50, with EFTPOS or cash.
Bitcoin australia sellBitcoin in Australia: Live AUD Price, Best Exchanges, Taxes, and History
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How to sell Bitcoin A simple guide to cashing out your Bitcoin for Australian dollars or another cryptocurrency. Tim Falk. Fact checked. Navigate Cryptocurrency Getting Started What is cryptocurrency?
Cryptocurrency exchanges Cryptocurrency wallets What is the blockchain? Bitcoin mining Cryptocurrency lending Cryptocurrency news. Get exclusive money-saving offers and guides Straight to your inbox. Sign me up! Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Quick guide: How to sell Bitcoin in Australia Register for an account with a cryptocurrency exchange like Swyftx Verify your account Select the asset you want to sell from the Swyftx interface Select the deposit option to get your Swyftx wallet address for that asset Send your cryptocurrency to the provided wallet address Sell the cryptocurrency for AUD Go to Swyftx's website This is our quick guide to just one way to buy Bitcoin.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange. Go to site View details. CoinSpot Cryptocurrency Exchange.
CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than cryptos. Binance Cryptocurrency Exchange Australia. Digital Surge Cryptocurrency Exchange. CoinJar Cryptocurrency Exchange. CoinJar offers a simple way to buy, sell, or trade cryptocurrency with AUD. Enjoy free and instant deposits, fees start from 0. Easy Crypto Cryptocurrency Exchange.
Bank transfer,POLi. Easy Crypto is a simple way to buy and sell a range of cryptocurrencies, straight to and from your own crypto wallet. Disclaimer: Volatile investment product. You should consider whether you can afford to take the high risk of losing your money.
Copy the trades of leading cryptocurrency investors on this unique social investment platform. Coinmama Cryptocurrency Marketplace. Founded in , CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery. Buy bitcoin with cash or bank transfer without deposit fees through this Australia-based platform. Independent Reserve Exchange. Trade AUD and other fiat currencies against a wide range of cryptos at competitive rates.
Cointree Cryptocurrency Exchange. Kraken Cryptocurrency Exchange. Buy, sell and trade a range of digital currencies on this high-liquidity exchange — suitable for beginners right through to advanced traders. UK residents: In addition to normal crypto trading, Kraken offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
Paybis Cryptocurrency Exchange. Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange. Poloniex Digital Asset Exchange. Credit card,Cryptocurrency. Trade various coins through a global crypto to crypto exchange based in the US. Paxful P2P Cryptocurrency Marketplace. Bank transfer,Cash,Credit card,Cryptocurrency,Debit card. Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than other payment methods.
IO Cryptocurrency Exchange. Disclaimer: Highly volatile investment product. Your capital is at risk. Bitfinex Professional Trading Exchange. Cryptocurrencies are a highly volatile investment product. Spot trade all of the major cryptos on this full-featured exchange and margin trading platform. Zipmex Cryptocurrency Exchange. Bank transfer,Cryptocurrency,POLi. View details. CoinSwitch Cryptocurrency Exchange. CoinSwitch allows you to compare and convert over cryptocurrencies across all exchanges.
Changelly Crypto-to-Crypto Exchange. Credit card,Debit card. YoBit Cryptocurrency Exchange. CoinCorner Bitcoin Exchange.
Bank transfer,Credit card,Debit card,Neteller. Bibox Cryptocurrency Exchange. Trade crypto to crypto with a choice of over currencies on this global exchange based in China. KuCoin Cryptocurrency Exchange. Credit card,Cryptocurrency,Debit card.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency. BitBay Cryptocurrency Exchange. Luno Cryptocurrency Exchange. CoinField Cryptocurrency Exchange. Canadian-founded Bitcoin and cryptocurrency exchange available in countries. Huobi Cryptocurrency Exchange. Huobi is a digital currency exchange that allows its users to trade more than cryptocurrency pairs. Indacoin Cryptocurrency Exchange.
Use your credit or debit card to buy bitcoin and other cryptocurrency without having to verify your identity. Liquid is a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto. Bithumb Cryptocurrency Exchange. Cryptocurrency,Wire transfer. A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies. Bitstamp Cryptocurrency Exchange. A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins.
Coinbase Pro. OKEx Cryptocurrency Exchange. Bank transfer,Cryptocurrency,WeChat. Listing over cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from. A decentralised cryptocurrency exchange where you can trade over ERC20 tokens. Bitit Cryptocurrency Marketplace. Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
Bittrex Digital Currency Exchange. ShapeShift Cryptocurrency Exchange. Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
CoinBene Cryptocurrency Exchange. Hotbit Cryptocurrency Exchange. Load More. Compare up to 4 providers Clear selection. What's in this guide? CoinJar is among the most well-known Bitcoin trading platform based in Australia. Several fiat currencies are also supported on the exchange and its sleek UI makes it especially easy for first-time buyers.
Other methods also exist for purchasing BTC in Australia. For example, LocalBitcoins is quite popular in the country and there are many sellers and buyers constantly posting listings. The transactions are done over-the-counter and you should only transact with those with established reputations.
There are currently around 26 or so Bitcoin ATMs in the country. Most are in Sydney and Melbourne. Purchasing or mining Bitcoin is taxed the same in Australia: as an investment.
This means that capital gains tax is applied to your profit. Crypto-to-crypto trades are also taxed so be sure to keep a record of each trade you make to ensure you are up-to-date on what you owe. Capital gains tax in the country depends on your income bracket.
Please check the Australian Taxation Office for more information. If you are a business accepting cryptocurrency, then any you receive as payment will be subject to income tax instead. Income tax levels remain the same just like you would pay them normally if you were handling cash. Australia is a relatively Bitcoin-friendly country and many local shops and stores accept cryptocurrency as payment.
Melbourne remains the most cryptocurrency-friendly city when it comes to payments, with multiple brick-and-mortar stores offering the option. For example, in Melbourne alone, a few bars accept BTC as well are shocks, clothing stores, galleries, and other locations.
There are a few regions in the country that boast a strong track record of Bitcoin adoption, but most stores accepting cryptocurrencies can be found in the major cities like Sydney. Of course, there are always online options to spend BTC as well. Most online vendors ship to Australia so you have no issue with spending cryptocurrency online like cash. You may have to pay a little extra for shipping though, especially if the vendor is from the United States or Europe.
Australia has had a troubled relationship with cryptocurrency regulation until recently. Back in , Australia imposed double taxation on cryptocurrencies, leading several well-known operators to leave the country. Subsequently, innovation lagged behind markets in which businesses have enjoyed greater freedom. Two majors factors which drove startups, exchanges and businesses dealing with Bitcoin and other digital currencies in Australia away from the country were the termination of banking services by leading Australian banks due to their anti-competitive nature and the double taxation of Bitcoin trading by the Australian government.
However, in July , the Australian authorities introduced new legislation that made double taxation of cryptocurrencies a thing of the past. Since then, the Australian cryptocurrency space has grown slowly but surely.
Skip to content. Market Avg. Market Cap. All the Bitcoin news and information you need. Is Bitcoin Legal in Australia? Top Bitcoin exchanges in Australia Coinbase Coinbase remains the single best way to purchase Bitcoin and other cryptocurrencies in Australia.
CoinSpot CoinSpot is a cryptocurrency exchange based in Australia. Where to Spend Bitcoin in Australia Australia is a relatively Bitcoin-friendly country and many local shops and stores accept cryptocurrency as payment.
History of Bitcoin in Australia Australia has had a troubled relationship with cryptocurrency regulation until recently.