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How to buy Bitcoin Gold (BTG) in Australia

Learn how to buy Bitcoin Gold (BTG) on 8+ crypto exchanges in our step-by-step guide.

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CoinSpot

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  • Trade BTG and 443 other cryptos.
  • Instant buy with AUD & advanced trading options.
  • Get $20 in BTC when you make a deposit. T&Cs apply.
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Bitcoin Gold (BTG) is the 131st largest cryptocurrency by market cap, valued at US$613,660,339.

Bitcoin Gold is a highly volatile asset capable of major price swings in a single day. Today BTG is trading for $35.24 USD, which is higher than yesterday's trading price of $33.99 USD. Over the past year, Bitcoin Gold's price has seen an increase of 113%.

So before you buy Bitcoin Gold, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy Bitcoin Gold.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Bitcoin Gold in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Bitcoin Gold is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Bitcoin Gold
    You can now exchange your funds for Bitcoin Gold. On beginner-friendly exchanges, this is as simple as entering the AUD or BTG amount you want to purchase and clicking "buy".
  5. Secure your Bitcoin Gold
    Consider transferring your BTG to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Bitcoin Gold in Australia

Find an exchange to buy, sell and trade BTG by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 6
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
Finder AwardExclusive
EXCLUSIVE
CoinSpot
Bank transfer, BPAY, Cash, Credit card, Cryptocurrency, Debit card, PayID

1

444

Get $20 in BTC when you make a deposit. T&Cs apply.

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
Coinstash
Bank transfer, Cryptocurrency, Osko, PayID

1

785

Finder exclusive: Get up to $200 BTC when you complete certain steps on sign up. T&Cs apply.

Capital at risk

View details
Bybit
Bank transfer, Credit card, Cryptocurrency, Debit card, PayID, Moonpay, Fiat currencies, P2P, Banxa, Apple Pay, Google Pay, Mercuryo, Revolut, Wise

18

436

Disclaimer: Highly volatile investment product. Your capital is at risk.

Capital at risk

View details
Gate.io
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P

60

1944

Invite friends and earn up to 40% commission. T&Cs apply.

Capital at risk

View details
Changelly Crypto-to-Crypto Exchange
Changelly Crypto-to-Crypto Exchange
Bank transfer, Credit card, Cryptocurrency, Apple Pay

86

711

Capital at risk

View details
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How we keep this Bitcoin Gold guide up-to-date

  • BTG price data is regularly updated through data feeds so you always have the latest information.

What is Bitcoin Gold?

Bitcoin Gold was created when Bitcoin (BTC) hard-forked on October 25, 2017, at bitcoin block 491,407. Bitcoin Gold cloned bitcoin's transaction history but tweaked the DNA to continue on its own evolutionary path.

How do I find the best places to buy Bitcoin Gold?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Bitcoin Gold?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Bitcoin Gold.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing BTG with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Bitcoin Gold?

Once you've created an account, you will need to deposit funds to buy BTG with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy BTG:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase BTG by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for BTG on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Bitcoin Gold?

The easiest way to buy BTG is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying BTG, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Bitcoin Gold has been performing recently.

Best Bitcoin Gold wallets to store your BTG

You can keep your BTG on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your BTG below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Bitcoin Gold a good investment?

Before buying any cryptocurrency, there's a number of risk factors that must be considered:

  • Mining. The major reason for the Bitcoin Gold hard fork was due to Bitcoin's mining mechanisms. The current Bitcoin mining system is dominated by whales - large companies with huge capital and resources. Instead, Bitcoin Gold aimed to bring it back to the everyday person. Their mining algorithm is just as effective on a decent computer as it is on a large, expensive, multi-rig setup.
  • Decentralisation. A large element of Bitcoin Gold moving to a new mining system was to maintain the blockchain's original principles of decentralisation. Bitcoin Gold also implemented private blockchain data, in contrast to the public nature of Bitcoin's blockchain.
  • Controversy. As a smaller proof-of-work network by design, Bitcoin Gold is susceptible to attacks. The protocol has experienced multiple hacks, losing thousands of dollars from BTG wallets. Additionally, the hard fork from Bitcoin was rocky, with a number of exchanges declining to list the coin in its infancy due to poor development and a lack of transparency.

Today's Bitcoin Gold price versus ATH

Compare today's price of Bitcoin Gold ($35.24 USD) against its all-time-high price of $456.25 USD on 20 December 2017. The closer the bar is to 100%, the closer BTG is to reaching its ATH again.

Bitcoin Gold's price: $35.24 USD
ATH date: December 20, 2017
7.72%

Bitcoin Gold ATH: $456.25 USD


How to trade, convert or sell Bitcoin Gold

You can convert or sell your BTG with the same exchange you bought it through:
  1. Sign in to the exchange you have BTG on.
  2. If you store your Bitcoin Gold in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of BTG you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Bitcoin Gold.
  6. Complete your transaction and move your BTG to a crypto wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Bitcoin Gold, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BTG 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 Bitcoin Gold or any other cryptocurrency discussed.

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