Andrew Munro is the global cryptocurrency editor at Finder. After previously writing about insurance and other areas, he now covers the latest developments in digital assets and blockchain and works on Finder's comprehensive range of guides to help people understand cryptocurrency.
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.
Easy Crypto does not charge any deposit, withdrawal or transaction fees, although your transfers may incur standard cryptocurrency network fees.
How fast will my funds be available?
Deposits will be available almost immediately.
POLi payments clear almost immediately.
Bank transfers from Australian bank accounts are similarly fast.
Under 2 minutes
Wallet transfers will depend in part on cryptocurrency network conditions.
According to Easy Crypto, most transfers will be complete in under 2 minutes.
A few minutes
When you're withdrawing cryptocurrency, transfers will typically complete in just a few minutes.
Is Easy Crypto safe to use?
Regulation. Easy Crypto is a registered Digital Currency Exchange in Australia, licensed under AUSTRAC.
Verification process. Easy Crypto requires users to verify their accounts in line with digital currency exchange AML/KYC obligations.
Security features. Easy Crypto is a non-custodial exchange. It typically does not hold your funds or your crypto. Instead, when you place an order you're buying cryptocurrency which is delivered to the wallet address you specify.
How do I create an account at Easy Crypto?
To create an account, choose whether you want to sign in with Google, Facebook or an email address.
Once you've created your account, you will need to verify it through a confirmation delivered to the specified Google, email or Facebook address.
Next, you'll need to verify your identity in line with Easy Crypto AML/KYC policies. This typically involves presenting some identification and providing personal details such as your name and address.
Choose from a wide range of cryptocurrencies and start buying. Because Easy Crypto doesn't hold your funds, you will need to have a wallet of your own to use it.
What else do I need to know about Easy Crypto?
Easy Crypto was founded in New Zealand with the aim of being, above all else, an easy place to buy cryptocurrency.
Easy Crypto explains that after a year serving New Zealand customers, the site proved to be so popular among Australians that it ended up opening up an Australian arm to better cater to those users.
In a nutshell
Good selection. Easy Crypto offers a wide, but not overwhelming, selection of popular cryptocurrencies.
Non-custodial. Easy Crypto does not hold your crypto funds. It's simply a place to buy cryptocurrency, and it sends you your crypto immediately.
Spreads. The spreads between buy and sell prices are higher than you'll find on larger professional exchanges.
Popular cryptocurrencies only. Easy Crypto does not offer any exotic, little-known cryptos.
Easy Crypto Australia is for Australia only. It also has a separate New Zealand site.
There is no easy Crypto App, but the website is mobile-friendly.
The verification process involves providing some personal information, including your name and address, and then providing documentation to validate the information you've provided, such as a driver's license.
Easy Crypto has an extensive help centre, but if needed you can create a support ticket to get in touch with the Easy Crypto team.
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.
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