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US president Donald Trump has announced the first cryptocurrencies to be included in the US strategic crypto reserve.
In this guide we'll explain where you can buy the coins that Trump has announced for the strategic reserve and provide step-by-step instructions on buying them.
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The easiest place to buy the coins announced for Trump's crypto reserve in Australia is via a dedicated cryptocurrency exchange.
The coins announced for the reserve - Bitcoin, Ethereum, XRP, Solana and Cardano - are some of the most popular coins and all can be traded via Australian crypto exchanges.
You can follow the steps below to get started:
Almost every dedicated crypto exchange will let you trade the coins included in Trump's crypto strategic reserve: Bitcoin, Ethereum, XRP, Solana and Cardano.
If this is your first time buying cryptocurrency, it might be easier to use an exchange that lets you buy crypto with Australian dollars directly via your preferred payment method.
You can compare crypto exchanges based on their payment method options below:
We currently don't have that product, but here are others to consider:
How we picked theseShortly after his inauguration in January, US president Donald Trump signed an executive order calling for the establishment of a "national digital asset stockpile" where the US government would hold a selection of cryptocurrencies as a form of national fund.
In early March, Trump revealed the first coins that would likely be included in this strategic crypto reserve: Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA), causing the price of these coins to surge.
As it stands, no other cryptocurrencies have been confirmed for the national stockpile beyond the 5 coins initially announced by Trump.
However, Trump has repeatedly claimed that his administration will be prioritising US-based cryptocurrencies, so any coins added to the strategic reserve in future will likely need to be founded or managed in the US.
According to CoinGecko, coins made in the US include Hedera Hashgraph (HBAR), Chainlink (LINK), Stellar (XLM), Sui (SUI) and NEAR Protocol (NEAR).1
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