Review: Bitcoin Australia cryptocurrency exchange

Buy bitcoin and Ethereum with cash with this Australian-owned broker.

If you want to buy and sell bitcoin or buy Ethereum quickly and easily, Bitcoin Australia is well worth considering. This Australian platform lets you buy bitcoin and Ethereum with cash, as well as sell bitcoin for Australian dollars (AUD).
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Fiat currencies



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Product Name Bitcoin Australia Cryptocurrency Exchange
Fiat Currencies AUD
Cryptocurrencies BTC, ETH
Deposit Methods BPAY
Trading Fee Fees vary
Deposit Fees None
Withdrawal Fees None
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.

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: AUD
  • Supported cryptocurrencies: 2 cryptocurrencies

Which payment methods are accepted?

  • BPAY
  • Cash
  • Flexepin
  • POLi
  • PayID

What's it like to use Bitcoin Australia?

Fees and limits

The fees below are accurate as of 28 August 2019.

Platform trading fees

Bitcoin Australia charges buyers a 5% to 7% fee, plus GST, on Bitcoin purchases. At the time of writing, it also sells Bitcoin at about 1% above the current market rate.

The trading fee depends on your payment method.

Payment methodFee
Flexepin Voucher7%
Any~1% spread
Transaction fees

Bitcoin Australia doesn't hold funds for its users. Instead, you provide your Bitcoin wallet address when buying Bitcoin.

As such, all deposit, withdrawal and transaction fees are built into the trading fees listed above.

Note that the fee table above only shows the fees charged by Bitcoin Australia. Payment providers such as banks may also charge transfer fees on their end.

How fast will my funds be available?


Clock icon for transfer speed

Up to 2 hours

You should receive your Bitcoin within two hours after placing an order during business hours.


Clock icon for transfer speed


You will typically receive your money the next day when selling Bitcoin.

Is Bitcoin Australia safe to use?

  • Regulation. Bitcoin Australia 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 Australia verifies users through Australia's PostID system.
  • Safety features. Bitcoin Australia is a non-custodial cryptocurrency broker. It does not hold your cryptocurrency or money for extended periods. Instead, you place an order and it will process it.

How do I start trading at Bitcoin Australia?

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What else do I need to know about Bitcoin Australia?

Bitcoin Australia was founded in Australia in 2015 by current CEO Rupert Hackett. Since then, it has established a presence in other countries.

Hackett says he wants Bitcoin Australia to be an ambassador for Bitcoin.

In a nutshell


  • Simple. The simple order experience makes buying Bitcoin straightforward.
  • Non-custodial. Bitcoin Australia does not take custody of your cryptocurrency.
  • Wide range of payment methods. You have a wide range of payment options available.


  • Very high fees. Bitcoin Australia's fees range from 5% to 7%, plus GST, on top of the above-market rates it charges.
  • Poor rates. Bitcoin Australia sells Bitcoin at around 1% above mid-market rates.
  • Limited selection. You can only buy Bitcoin or Ether, and you can only sell Bitcoin.

Ready to sign up?

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Compare Bitcoin Australia against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID


Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID


Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID


CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.

Compare up to 4 providers

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