btc-price-prediction

Bitcoin (BTC) price prediction 2018

A comprehensive guide to the factors that could influence bitcoin’s value in the short, medium and long term.

The world’s best-known and most widely traded cryptocurrency, bitcoin (BTC) made worldwide headlines in 2017 when it experienced phenomenal growth. Now, as awareness of cryptocurrencies continues to spread, traders and HODLers alike are hungry for accurate forecasts of where bitcoin’s price is headed in the weeks, months and years ahead.

However, there are myriad factors that can influence the price of bitcoin, so let’s take a closer look at what those factors are and what they could mean for bitcoin’s value in the future.

Learn more Where to buy bitcoin (BTC)

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 facts

Bitcoin

Coin namebitcoin
SymbolBTC
Algorithm typeSHA-256
MineableYes
Launch date9 January 2009

Bitcoin price prediction

If you’ve followed any of the media coverage surrounding the price of bitcoin in recent months, you’ll probably be well aware that cryptocurrencies are highly volatile. The price of bitcoin is influenced by a variety of factors and can rise or fall sharply in a short space of time, so you’ll need to carefully consider all the issues that could potentially lead to growth or decline in the currency’s value.

If you’re thinking of buying bitcoin, make sure you consider the following:

What could drive bitcoin’s growth?

  • Limited supply. The total supply of bitcoin is limited to 21 million, and at the time of writing (26/02/2018) there were already 16,886,712 BTC in circulation. This is an important factor to consider when determining the supply/demand equation and the influence it could have on price.
  • Prestige and credibility. Mention the word “cryptocurrency” and the first word that comes to many minds will be bitcoin. Launched in 2009, bitcoin has been around a long time (in crypto terms) and is the most widely recognised digital currency.
  • Media hype. If bitcoin goes on another price surge like it did in 2017, expect it to be extensively covered in the media. Positive media coverage can potentially lead to increased demand for a particular currency.
  • Ease of access. As the most popular cryptocurrency (in terms of trading volume) in the world, bitcoin can be traded on cryptocurrency exchanges all over the world. This makes it easy to access and also increases its credibility.
  • Increasing acceptance. If the number of businesses and service providers that accept bitcoin as payment increases, this could increase demand for the currency. Increased interest from institutional investors, as hedge funds and other financial services providers start offering bitcoin trading options, could also drive up demand.
  • Upcoming tech developments. There is a range of upcoming tech upgrades and proposals designed to overcome bitcoin’s scalability issues. The first of those was the introduction of SegWit, designed to improve transaction times and lower fees, while the second will be the rollout of the Lightning Network, a relay network that aims to further reduce fees and speed up transaction times. If successful, this could vastly improve bitcoin’s functionality.

What could hold bitcoin back?

  • Scalability problems. Bitcoin has been criticised for its increasingly slow transaction times and high transaction fees. These are major factors that could influence demand for the currency. However, if these problems can be overcome, demand for bitcoin could potentially increase.
  • Mining concerns. As bitcoin mining becomes increasingly difficult and expensive, this could see some miners switch their attention to other, more profitable coins.
  • Market competition. The cryptocurrency market is becoming increasingly crowded as a wide variety of altcoins compete for market share. While many of those coins aren’t necessarily direct competitors for bitcoin, they could still detract from bitcoin’s overall market dominance.
  • Threat of increased regulation. Cryptocurrency is still in its infancy and there are regular media reports of governments around the world introducing tighter legislation targeting digital currencies. These announcements can have an impact on the price of bitcoin – for example, bitcoin’s value dropped almost 20% in January 2018 amidst rumours of a Chinese government crackdown on cryptocurrencies.
  • Negative news. While positive media stories can potentially drive values up, negative media stories, such as those reporting bitcoin bubbles, can also have an effect on prices.
  • Lack of cryptocurrency adoption. Cryptocurrencies are yet to achieve widespread adoption. While there are plenty of projects working on bringing cryptos to the mainstream, a lack of acceptance of digital currencies across the board could potentially affect values.
  • Community disagreements. The governance of bitcoin can also influence its price. For example, disagreements about changes or upgrades to bitcoin’s underlying technology can cause infighting, potentially leading to hard forks like the one that created Bitcoin Cash (BCH) in August 2017.

Where to buy bitcoin

Name Product Deposit methods Fiat Currencies Supported Cryptocurrencies
BPAY
Cash
Cryptocurrency
POLi
AUD
BTC, BCH, ETH, XRP, ADA, XEM, LTC, XLM, TRX, DASH, NEO, XMR, EOS, QTUM, BTG, LSK, ETC, XVG, SKY, NAS, LINK, GO & over 100+ more
CoinSpot is an Australian-based marketplace that allows you to easily buy, sell or trade more than 100 cryptocurrencies.
Credit card
Debit card
Neteller
PayPal
Yandex Money
USD
BTC, BCH, DASH, ETC, ETH, LTC, XRP, MIOTA, XLM, ADA, NEO, EOS, LCC, BNB
Copy the trades of leading cryptocurrency investors on this unique social investment platform.

Disclaimer: Highly volatile investment product. Your capital is at risk.
65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Cash
Cryptocurrency
POLi
AUD
BTC
Buy bitcoin with cash or bank transfer without deposit fees through this Australia-based platform.
Cash
Cryptocurrency
Electronic Funds Transfer
POLi
AUD
BTC, ETH, BCH, EOS, ZRX, AE, AION, REP, DGD, ICX, IOST, OMG, PPT, SNT, TRX, VET, ZIL, ZEC, LSK, DCR, SC, STEEM, GNT, DGB, BAT, KMD, BTG, ADA, DASH, ETC, OIST, LTC, XMR, XEM, NEO, ONT, QTUM, XRP
Buy 30+ cryptocurrencies using POLi, cash or Electronic Funds Transfer.
Bank transfer
Credit card
Debit card
Bank transfer (SEPA)
USD, GBP, AUD, EUR, INR, ARS, BRL, CAD, CNY. NZD, DKK, HKD, ILS, JPY, KES, CHF, MXN, NOK, PHP, PLN, SGD, SEK, AED
BTC, LTC, ETH, BCH, BAT, DASH, BTG, XRP, VOX
Buy, send and convert more than 35 currencies at the touch of a button.
Bank transfer
Cryptocurrency
AUD
BTC, ETH, BCH, ETC, LTC, POWR, ELF, IOST, CTXC, DTA
Special offer: Get a $10 bonus when you create a verified account through finder. Payouts every 10 business days. T&Cs apply.
Link your bank account to buy and sell 10 cryptocurrencies with Australian dollars.
Cryptocurrency
BTC, XRP, USDT, ETH, NEB, XVG, TRX, NEBL, ETH, NEO, FUN, ETC, BCC, POE, DASH, ELF, ICX, BNB, ZRX, APPC & 80+ more
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.
Bank transfer
POLi
AUD
BTC
A digital exchange based in Brisbane where users can pay in AUD to buy their BTC.
Credit card
Cryptocurrency
Debit card
POLi
AUD
BTC, ETH, LTC, XRP, BCH
Buy and sell crypto from an Australia-based platform that supports AUD payments.
Credit card
Debit card
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC, BCH, ETH, LTC, ETC, ZRX, BAT
Get US$10 in free bitcoin when you buy US$100 or more of any crypto. T&Cs apply.
Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Cryptocurrency
Electronic Funds Transfer
SWIFT
AUD, NZD, USD
BTC, BCH, ETH, LTC, XRP, OMG, ZRX
Trade AUD and other fiat currencies against 5 different cryptos at competitive rates.
CoinJar Trading Platform
Blueshyft
BPAY
POLi
USD, EUR, GBP, AUD
BTC, ETH, LTC, XRP, ZEC
An all-in-one platform for buying, selling and managing bitcoin, this Australia-based platform supports users and currencies from various countries.
Cryptocurrency
Wire transfer
USD, EUR
BTC, BCH, BTG, IQ, TRX, GNT, AVT, DASH, DATA, EDO, EOS, ETC, ETH, LTC, MIOTA, NEO, OMG, QTUM, SAN, USDT, XMR, XRP, BAT, ZRX, FUN, MANA, SPANK, TNB, RLC, RCN, REP, ELF, AID, SNGLS, SNT, QASH, YOYO, MITH, ETP, XTZ, CNN, BOX, GOT, TKN, UTN
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
NB: A minimum opening deposit of US$10,000 or cryptocurrency equivalent applies.
Bank transfer
Cash
POLi
AUD, GBP, USD
BTC, BCH, ETH, LTC, XRP, NEO, VEO & 400+ more
HiveEx.com is a global over-the-counter (OTC) cryptocurrency brokerage specialising in high-volume trades of $50,000+.
HiveEx.com and finder.com.au are members of the Hive Empire group of companies.
Cryptocurrency
BTC, XBT, ADA, BCH, EOS, ETH, LTC, XRP
Losses can exceed deposits.
Trade cryptocurrency derivatives with high liquidity for bitcoin spot and futures, and up to 100% leverage on margin trading.
Credit card
Cryptocurrency
Debit card
Bank transfer (SEPA)
SWIFT
USD, EUR, RUB, GBP
BTC, DASH, ETH, XRP, ZEC, XLM
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
Cash
Credit card
Debit card
Bank transfer (SEPA)
USD, EUR
BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP
Buy coins like Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with credit card.
Credit card
Debit card
USD, EUR, RUB
BTC, BTG, BURST, BYC, CANN, CFI, CLAM, CLOAK, CLUB, COVAL, CPC, CRB, CRW, CURE, CVC, DASH, DCR, DCT, DGB, DMD, DNT, DOGE, OMG & 140+ more
Use your credit or debit card to buy bitcoin and other cryptocurrency without having to verify your identity.
Credit card
Cryptocurrency
USD
BTC, BCH, MIOTA, XVG, NEO, ADA, XRP, TRX, ONT, ZIL, GAS, LTC, ZRX, QTUM, ETH, ETC, VET, ICX & 300+ more
CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
Credit card
Debit card
OKPAY
PayPal
Skrill
SOFORT
EUR, USD, CHF, GBP
BTC
Buy bitcoin through PayPal on one of the oldest virtual currency exchanges in the business.
Credit card
Debit card
USD, EUR
BTC, BCH, ETH, XMR, ZEC, DASH, XRP, ETC, LTC, DOGE, XLM,1ST, ADX, AMP, ANT, BAT, BCN, BNT, BTG, CFI, CVC & 70+ more
Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange.
Cryptex24 Exchange
Cryptocurrency
MoneyGram
OKPAY
PayPal
Perfect Money
Western Union
USD, EUR, RUB
BTC, ETH, LTC
Buy and sell crypto and other digital currencies on this global fixed-rate exchange.
Credit card
Wire transfer
USD, EUR
BTC, ETH
A global exchange where users buy and sell cryptocurrency in exchange for USD or EUR.
Stellarport Exchange
Cryptocurrency
-
XLM, BTC, BCH, USDT, OMG, ZRX, KIN, MOBI & more
Stellarport taps into the Stellar Decentralised Exchange to provide buyers and sellers with access to XLM and various other cryptocurrencies.
CoinJar Trading Exchange
BPAY
Cryptocurrency
POLi
AUD
BTC, ETH, LTC, XRP, ZEC
Owned by the founders of the CoinJar platform, CoinJar Exchange is an advanced digital currency exchange suited for experienced traders.
Huobi Cryptocurrency Exchange
Cryptocurrency
-
BTC, ETH, HT, LTC, PAI, BCH, XRP, DASH, IOST, EOS, TRX, ETC, OCN, ONT, ELF, ABT, CMT, ELA, ZEC, XZC, OMG & 75+ more
Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Bithumb Cryptocurrency Exchange
Cryptocurrency
Wire transfer
KRW
BTC, BTG, BCH, DASH, ETC, LTC, EOS, XRP, ETH, QTUM, TRX, ICX, VET, XMR, ZEC, MITH, WAVES, WTC, ITC, LINK
A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
Coinbase Pro
Bank transfer (ACH)
Bank transfer (SEPA)
Wire transfer
USD, EUR, GBP
BTC, BCH, ETH, LTC, ETC, ZRX, BAT
Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
OKEx Cryptocurrency Exchange
Bank transfer
Cryptocurrency
WeChat
USD, CNY
BTC, ETH, LTC, EOS, TRX, ETC, BCH, TRUE, XRP, ABT, HSR, MITH, BTM, AUTO, IOST, & over 119+ more
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Kraken Cryptocurrency Exchange
Electronic Funds Transfer
Bank transfer (SEPA)
Wire transfer
USD, EUR, GBP, JPY, CAD
BTC, BCH, ETH, ADA, QTUM, ETC, XMR, DASH, LTC, XRP, XLM, REP, MLN, ZEC, USDT, GNO, EOS
Exchange multiple cryptocurrencies through a range of payment methods, including Electronic Funds Transfer, SEPA or Wire Transfer.
Liquid Cryptocurrency Exchange
Cryptocurrency
Bank transfer (SEPA)
Swapforex
AUD, EUR, JPY, USD, SGD
BTC, CRPT, ETH, XRP, BCH, NEO, QTUM, QASH, ETN, LIKE, EARTH, MRK, and 40+ more
Liquid is a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto.
Bitstamp Cryptocurrency Exchange
Credit card
Cryptocurrency
Debit card
Bank transfer (SEPA)
Wire transfer
USD, EUR
BTC, BCH, LTC, ETH, XRP
A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins.
Poloniex Digital Asset Exchange
Cryptocurrency
-
BTC, ETH, XRP, DOGE, XLM, ETC, STRAT, LTC, SC, DGB, BCH, LSK, XMR, LOOM, BAT & 50 more
Trade various coins through a global crypto to crypto exchange based in the US.
Exmo Cryptocurrency Exchange
Credit card
Cryptocurrency
Debit card
Payeer
Perfect Money
Bank transfer (SEPA)
Wire transfer
USD, EUR, RUB, PLN, UAH
BTC, BCH, ETH, ETC, XRP, KICK, DASH, WAVES, ZEC, XMR, LTC, DOGE, USDT, ADA, INK
A UK-based cryptocurrency platform that provides buyers with a wide variety of payment options.
YoBit Cryptocurrency Exchange
AdvCash
Cryptocurrency
Payeer
Perfect Money
USD, RUB
BTC, BTG, DASH, ETH, LTC, DOGE, WAVES, LSK, BCC, TRX, ABYSS, PAC, ZEC, XVG, EOS, ETC, RDD, TOKC, B2X, TTC & 400+ more
Pay in USD, RUB or trade crypto to crypto at this Russian-based cryptocurrency exchange with hundreds of coins listed.
KuCoin Cryptocurrency Exchange
Cryptocurrency
-
BTC, BCH, DAG, ETH, XRP, EOS, LTC, ADA, TRX, NEO, ONT, STEEM, BTM, BCD, ZINC, VET, OLT, NUSD, LOC, ZEN & 50+ more
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
HADAX (Huobi Autonomous Digital Asset eXchange)
Cryptocurrency
-
BTC, ETH, 18T, BUT, LXT, CDC, UUU, AAC, CNN, UIP, UC, GSC, IIC, MEX, EGCC, SHE
Owned by the team behind Huobi.pro, HADAX lets users vote for cryptocurrencies it should list.
Livecoin Cryptocurrency Exchange
Cryptocurrency
Payeer
Perfect Money
Qiwi
USD, EUR, RUB
BTC, BCH, ETH, LSK, LTC, XMR, XEM, DASH, BCC, CLOAK, EMC, NEO, TIME, SHIFT, STRAT, DOGE, DTR, DGB, VOX, ESC, MONA & 140+ more
Trade at an exchange that has an extensive offering over 160 coins and numerous fiat and altcoin currency pairs.
BitBay Cryptocurrency Exchange
Cryptocurrency
Express Polish Post Office 24/7
Express Zabka Market
Wire transfer
USD, EUR, PLN
BTC, BCC, BTG, LTC, ETH, LSK, GAME, DASH, KZC, XRP, XIN,ZEC,XMR
This Polish-based exchange offers a variety of accessible payment methods, including Express Polish Post Office 24/7 service and Express DotPay.
IDEX Cryptocurrency Exchange
IDEX Cryptocurrency Exchange
Cryptocurrency
-
EOS, RFR, CS, AUC, BEE, BANCA, CNN, EOSDAC, FSN, NBAI, TRAC, VET, XBP & 60+ more
Cryptocurrency
-
OMG, TRX, ZRX, SAN, ATMI, AID, BAT, SNT, QSH, REP, DAT, TNB, RLC, EDO, AVT, ELF, FUN, GNT, RCN, YYW, SPK, MNA, SNG, IOST, DTA, HOT, NIO, DGX, BBN
With a focus on tokens linked to the Ethereum network, Ethfinex is an exchange listing several ERC-20 compatible tokens and is owned by the team behind Bitfinex.
Cryptopia Cryptocurrency Exchange
Cryptocurrency
-
BTC, BCH, ETH, LTC, DOGE, NEO, XMR, POWR, DASH, PIVX, XEM, OMG, GNT, ZEN, NRG, SMART & 500+ more
Buy and sell hundreds of cryptocurrencies with minimal verification on this all-in-one, New Zealand-based exchange.
Mercatox Cryptocurrency Exchange
Cryptocurrency
Payeer
Perfect Money
Yandex Money
USD, EUR, RUB
BTC, ETH, DCN, BCH, NIO, TRX, DASH, COB, DOGE, PRIX, DSR, XCPO, LTC, XRB, VERI, LOC, NUA, PKT, PPT, ICO & 80+ more
Supporting over 100 coins, you can exchange a variety of cryptocurrency pairs on this peer-to-peer platform.
BTC Markets Exchange
Bank transfer
BPAY
Osko
AUD
BTC, BCH, ETH, ETC, LTC, XRP, OMG, POWR
Browse the various coin offerings of this Australian based exchange, where coins can be purchased using AUD, LTC and BTC.
CryptoBridge Cryptocurrency Exchange
Cryptocurrency
-
BTC, BCH, RVN, LTC, ALQO, LCC, ECA, SMART, POLIS, BCO, COLX, IC, XP, BWK, HTML, QBIC, ZNY, DOGE, VSX, DASH & over 40+ more
Offering over 80 cryptocurrency pairings, CryptoBridge is a decentralised exchange that supports the trading of popular altcoins.
Gate.io Cryptocurrency Exchange
Cryptocurrency
-
BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 117+ more
Altcoin.io Decentralised Exchange
Cryptocurrency
-
*Note that while the platform is under development, it is expected to support BTC, ETH, REP, ANT, BAT, EOS, SALT, CVC, DNT, SNT & 20+ more
Launching in 2018, Altcoin.io is a decentralised peer-to-peer cryptocurrency exchange powered by atomic swaps. Sign up now for early access.
CoinMate Bitcoin Exchange
Cryptocurrency
MoneyPolo
Bank transfer (SEPA)
SOFORT
EUR, PLN, CZK
BTC, BCH, LTC
Trade fiat currencies and cryptocurrency at this European-based exchange with options to pay through domestic bank wire, SEPA and SOFORT.
Bleutrade Cryptocurrency Exchange
Cryptocurrency
-
BTC, BTG, DASH, ZET, XVP, XPM, WDC, VTC, VRC, UNO, TROLL, START, SLR, SLG, RDD, QTUM, PPC, POT, OK, NVC, NMC, NLG, NEOS & 25+ more
Trade an array of cryptocurrencies through this globally accessible exchange based in Brazil.
Bank transfer
Credit card
Debit card
GBP, EUR
BTC, ETH, LTC, XRP
Buy and sell bitcoin in GBP or EUR with credit card, debit card and bank transfer payment options.
xCoins P2P Bitcoin Lending
Bank transfer
Credit card
Debit card
eCheck
PayPal
USD
BTC
Buy bitcoin instantly with credit card, PayPal or bank account on this peer-to-peer lending platform.
Bitit Cryptocurrency Marketplace
Cashlib
Credit card
Debit card
Neosurf
USD, EUR, GBP, JPY, CNY, KRW, AUD, CAD, DKK, NOK, SEK, TRY, HKD, SGD
BTC, ETH, XRP, DASH, LTC, BCH, ETC, OMG, ZRX, CVC, BNT
Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
Bittrex Digital Currency Exchange
Cryptocurrency
Wire transfer
USD
BTC, ETH, BOXX, XVG, SC, XRP, DOGE, STRAT, XMR, ADA, OMG, ETC, BCC, XLM, DGB, UKG, QTUM, ZCL, RDD, LTC, NEO, XRP, TRX, ZEC & 120+ more
Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Buyabitcoin Cryptocurrency Exchange
Cash
AUD
BTC
An Australian bitcoin broker which offers quick and simple trading where no signup is required.
CoinLoft Cryptocurrency Exchange
Cash
POLi
Flexepin
AUD
BTC, ETH
Buy cryptocurrency from an Australian service through cash, POLi or Flexepin vouchers.
Cryptonit Cryptocurrency Exchange
Advance Cash
Wire transfer
EUR, USD
BTC, ETH, ETC, ZEC
Cryptonit is a secure platform for trading fiat currency for bitcoin, Litecoin, Peercoin and other cryptocurrencies which can be delivered to your digital wallet of choice.
Cubits Bitcoin Exchange
Credit card
Debit card
Bank transfer (SEPA)
SOFORT
SWIFT
AUD, USD, EUR, SEK, HUF, JPY, GBP, NOK, HRK, CAD, CNY, CHF, CZK, RSD, TRY, BRL, DKK, PLN, RUB, ARS
BTC
Offering payment options such as credit card, SEPA and SWIFT, you can purchase bitcoin from this European-based exchange with an array of fiat currencies.
HardBlock Bitcoin Service
POLi
AUD
BTC
Buy and sell bitcoin in AUD through POLi when using this exchange based in Australia.
Bank transfer
Cryptocurrency
AUD, NZD
BTC, ETH, LTC, XRP, POWR
A cryptocurrency exchange that supports Australian and New Zealand customers, where users can pay in NZD and transactions in AUD have no withdrawal or deposit fees.
Orderbook Exchange & ICO Platform
Cryptocurrency
Wire transfer
USD
TAAS, GNO, ANT, 1ST, HKN, BBT, WRC, AMM, OROC, CHSB, GLBX, BENJA
Orderbook is a decentralised cryptocurrency exchange and ICO platform where users can trade Ethereum-based ICO tokens.
Paxful P2P Cryptocurrency Marketplace
Cash
Credit card
Cryptocurrency
Debit card
Flexepin
iDEAL
Neosurf
Neteller
PayPal
Perfect Money
SWIFT
Western Union
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC
Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.
ShapeShift Cryptocurrency Exchange
Cryptocurrency
-
BTC, BCH, BTG, ETH, ETC, FUN, 1ST, ANT, BAT, BNT, BLK, CVC, CLAM, DASH, DCR, DGB, DNT, DOGE, EDG, EOS, FCT, GAME & 25+ more
A global exchange where no account is needed to begin trading cryptocurrency to cryptocurrency.
BigONE Cryptocurrency Exchange
Cryptocurrency
-
BTC, ETH, EOS, USDT, ADX, AE, AIT, ATN, ATT, BAT, BCDN, BIG, BTO, CANDY, CDT, CHAT, AT, CPS & over 60+ more
A crypto-to-crypto exchange listing over 100 pairings and low trading fees.
Spendher Bitcoin App
Bank transfer
Cryptocurrency
Cash
AUD
BTC
Spendher is an app founded in Australia which aims to streamline buying and selling bitcoins on your mobile, offering options to deposit AUD through bank transfer or cash deposits.
Wall of Coins
Cash
USD, AUD, GPB, CAD
BTC, DASH
Buy bitcoin and DASH through this peer-to-peer cash only cryptocurrency exchange based in the US.
XBrick Cryptocurrency Exchange
Cryptocurrency
-
BTC, USDT, ETH, EOS, AE, BTO, BTS, CAN, HLC, SEER, XAS
Recently launched in Australia in late 2017, XBrick now offers its services globally and users can download its mobile trading platform to buy and sell cryptocurrencies.
Nauticus Cryptocurrency Exchange
Credit card
Debit card
PayPal
TBA
AUD, USD
BTC, BCH, ETH & more TBA
To be launched in August 2018, Nauticus is an Australia-based exchange registered with AUSTRAC which aims to cater to a global market.
EtherDelta Cryptocurrency Exchange
EtherDelta Cryptocurrency Exchange
Cryptocurrency
-
VERI, EOS, KIN, PLR, PPP, SXDT, POLY, ASTRO, OMG, EDT, NAS, ZIL, GMT, MAN, REAL, PAY, VEE, MYST, & 30+ more
Cryptocurrency
-
BIX, ETH, BTM, BTC, LBA, FSN, HPB, BOT, BTO, SXUT, EOS, GNX, QTUM, KICK, POA, MOT, RDN, GTC, ETC, ITC, BCH, & 20+ more
Trade crypto to crypto with a choice of over 60 currencies on this global exchange based in China.
DDEX Cryptocurrency Exchange
DDEX Cryptocurrency Exchange
Cryptocurrency
-
EOS, XYO, NPXS, HOT, CNN, ZRX, KIN, NCT, BAX, ZCO, NBAI, POLY, POE, TFD, REN, LBA, TOMO, LND, REQ, IOST, ORI, & 20+ more
CoinBene Cryptocurrency Exchange
CoinBene Cryptocurrency Exchange
Cryptocurrency
-
ETH, BTC, EOS, XRP, LTC, GOT, SRCOIN, ABYSS, CONI, ORME, PAL, VME, ZIPT, CTXC, PCH ,CNN, OMX, MOAC, ATX, SENC, ESS, SWTC, TEN, DOCK, ALX, NPXS, ETK, CS, TSL,ETP , OMG, AE, XNK, CMT, BCD, BKX, TCT, BCH, AIDOC, ETC, ADI, SEELE, CREDO, NBAI, BSTN, TRUE, LUC, GETX, IVY, SMART, TRF, TRX, STQ, BEZ, TNB, NCASH, MT, IHT, ABT,TTT, CAN, MTN, HLC, INK ,FND, PLAY, NULS, MDA, RCT
TradeSatoshi Exchange
TradeSatoshi Exchange
Cryptocurrency
-
SAFEX, BTC, LTC, DOGE, BTCP, WC, ETH, DGB, BCH, BTCZ, GRLC, VOT, BCI, 1337, NYC & over 78+ more
A crypto-to-crypto exchange platform where users can buy and sell BTC and over 200 cryptocurrencies.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency
-
TRX, ETH, NPXSXEM, GOT, NEXO, IG, HAND, TOMO, HOT, ABYSS, LCS, EXRN, ATN, TMT, ELY & over 75+ more
A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
Bit-Z Cryptocurrency Exchange
Bit-Z Cryptocurrency Exchange
Alipay
Bank transfer
Cash
Neteller
PayPal
WeChat
Western Union
None
TRX, ETH, BCH, LTC, EOS, EKT, QTUM, ETC, LSK, DASH, NULS, NKC, ZEC, MCO, PUT, OC, HSR, XAS, BTX, VIU, REBL, FCT, GXS, ETP, HWC, VOISE, PPC, ARK, SPHTX, OTN, ARN, OXY, BTC and 15+ more
ACX Cryptocurrency Exchange
Bank transfer
Cryptocurrency
AUD
BTC, BCH, ETH, HSR, DASH, FUEL, UBTC, USDT, ETC
An Australian cryptocurrency exchange, ACX enables you to buy bitcoin and other cryptocurrencies with AUD bank deposits.
Cobinhood Cryprocurrency Exchange
Cobinhood Cryprocurrency Exchange
Cryptocurrency
-
BTC, ETH, USDT

Compare up to 4 providers

Name Product Payment Methods Supported Fiat Currencies Cryptocurrencies Minimum Deposit
Credit card, Debit card, POLi, BPAY, Bank transfer
AUD, GBP, USD, JPY, EUR, CAD, CHF
BTC, ETH, XRP
None
Losses can exceed deposits.
A trading platform which offers cryptocurrency CFDs where traders speculate on the price movement of cryptocurrencies such as BTC, ETH and XRP.
Credit card, Debit card, Neteller, PayPal, Skrill, WebMoney, Yandex Money
USD
BTC, BCH, DASH, ETC, ETH, LTC, XRP
USD$200-$500
Copy the trades of leading cryptocurrency investors on this unique social investment platform.

Disclaimer: Highly volatile investment product. Your capital is at risk.
65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Credit card, Debit card, Electronic Funds Transfer, Neteller, SOFORT, Skrill, iDeal, WeChatPay, Giropay, China Union Pay & more
USD
BTC, ETH, XRP
0.25 BTC, 1000 XRP, or 1 ETH
Losses can exceed deposits.
This online trading platform based in Poland, Cyprus and Australia offers several deposit methods for international users.
Credit card, Debit card, BPAY, Electronic Funds Transfer
EUR, USD, AUD, JPY, GBP
BTC, ETH, LTC, XRP
None
Losses can exceed deposits.
A trading platform offering CFDs and margin trading where users can trade the value of cryptocurrencies through a broker without storing or owning tokens.
Credit card, Debit card, BPAY, POLi, Neteller, PayPal, China UnionPay, Wire Transfer, Fasapay, Qiwi, Skrill, WebMoney
AUD, EUR, CAD, CHF, GBP, JPY, NZD, SGD, USD, HKD
BTC, BCH, ETH, LTC, DASH, XRP
USD$200
Losses can exceed deposits.
As a forex and CFD trading platform based in Australia, Pepperstone gives local and international users access to trade cryptocurrency against USD.
Cryptocurrency
-
BTC, BCH, ADA, DASH, ETH, ETC, LTC, XMR, XRP, XLM, ZEC
Varies
Losses can exceed deposits.
Trade cryptocurrency derivatives with high liquidity for bitcoin spot and futures, and up to 100% leverage on margin trading.

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Enter your details below to receive a quote from a HiveEx.com trader as soon as possible.

HiveEx.com is an over-the-counter (OTC) cryptocurrency platform specialising in high-volume trades.

  • Trade between $50,000 and $100m for a fixed price
  • Tap into HiveEx.com’s global network of high liquidity trading partners
  • Access competitive rates compared to traditional exchange trading
  • Receive your coins in your wallet fast, with same day settlement options
  • As an AUSTRAC registered company, HiveEx.com is fully compliant with industry-standard AML and CTF obligations

What’s coming up in bitcoin’s roadmap

Bitcoin is an open-source project and, as such, doesn’t have an official roadmap. However, there are a few key challenges and developments coming up for bitcoin in the months ahead, headlined by attempts to solve the scalability problem. Following the cancelled SegWit2x upgrade of November 2017, followed by the bitcoin SegWit2x (B2X) hard fork, there are several proposals for solving bitcoin’s increasing transaction times and fees.

One of the most important is the Lightning Network. Currently in the testing stage, the Lightning Network is designed to solve bitcoin’s problems of slow transaction speeds and high fees. A payment network layered on top of the bitcoin blockchain, Lightning Network could potentially have a big influence on the usability of bitcoin, but the exact effects it will have remain to be seen.

Bitcoin’s competition

The cryptocurrency sphere is crowded and becoming increasingly competitive all the time. If you’re thinking of buying bitcoin, it’s important to be aware of the influences (both positive and negative) that the actions of competitors could have on the price of bitcoin. Some of the main competitors to consider include:

  • Ethereum (ETH). Launched in 2014, Ethereum is a decentralised platform where developers can build and deploy applications. Ether is used to pay transaction fees and services, and at the time of writing (26/02/2018) was the second largest cryptocurrency by market capitalisation.
  • Ripple (XRP). Ripple offers both a payment network (RippleNet) and a cryptocurrency (XRP), and it aims to allow banks and payment providers to send fast and secure transactions around the world. It’s one of the top five cryptocurrencies in terms of market capitalisation, and you can find out more about how it stacks up in our bitcoin vs Ripple comparison.
  • Bitcoin Cash (BCH). Created in August 2017 following a hard fork of bitcoin, BCH is designed to offer faster and cheaper transactions than BTC. It has since cemented its place as one of the top 10 currencies by market capitalisation.
  • Dash (DASH). Built with a focus on fast and anonymous transactions, Dash is widely traded on a variety of cryptocurrency exchanges.
  • Litecoin (LTC). Commonly referred to as “the silver to bitcoin’s gold”, Litecoin was founded in 2011 and designed to provide faster transactions than bitcoin. It’s also one of the top 10 cryptocurrencies by market capitalisation at the time of writing.

Beyond 2018: What does the future hold for bitcoin?

Cryptocurrencies are highly speculative, so any predictions of bitcoin’s future value should always be taken with a very large grain of salt. That said, traders and crypto enthusiasts all around the world will be watching what happens to bitcoin with a high level of interest.

As the best-known and most popular (in terms of trading volume) of all cryptocurrencies, bitcoin has the enviable position of being the digital currency with the most credibility and widespread recognition. If cryptocurrencies can continue their push into the mainstream, bitcoin is well placed to take advantage of any increased consumer demand.

However, it does face a few key threats. The biggest of those currently is the problem of scalability, which is one key area where some competing cryptocurrencies are well ahead of bitcoin. The threat of increased regulation of cryptocurrency markets by governments around the world should also not be underestimated, as legal and tax changes could have a significant impact on bitcoin’s value.

The next 12 months promise to be a fascinating period as bitcoin, and the cryptocurrency market as a whole, continues to mature.

Bottom line

If you’re considering buying bitcoin (BTC), the most important points to remember are to do your research and to familiarise yourself with all the risks involved. Though this digital currency has delivered substantial returns to its early adopters, that’s no guarantee of future growth.

If cryptocurrencies can continue their push into the mainstream and achieve widespread acceptance, not only among consumers but also from governments around the world, this could mean good things for bitcoin. And if the scalability issues facing the bitcoin blockchain can be successfully overcome, there seems to be potential for future growth. As an example, in January 2018, hedge fund sentiment on bitcoin went bullish for the first time since the Commodity Futures Trading Commission (CFTC) began publishing reports on bitcoin positions.

However, don’t forget that the cryptocurrency sphere is increasingly crowded, and bitcoin is sure to face plenty of threats to its title as the world’s number-one cryptocurrency from a host of well-organised and professionally backed competitors. Watch this space to see how it all unfolds.


Images: Shutterstock

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Tim Falk

A freelance writer with a passion for the written word, Tim loves helping Australians find the right home loans and savings accounts. When he's not chained to a computer, Tim can usually be found exploring the great outdoors.

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