Interested in Bitcoin and want to purchase it with Australian Dollar. We got you covered. First, you will need an exchange, from where you can do your AUD to BTC buying. There are many exchanges out there that offer Bitcoin purchases. Every exchange has its own set of rules, exchange prices, and policies. Overall, the method of purchasing remains the same. You can also visit BTCTOAUD, as it stands as the best cryptocurrency exchange in Australia. All you have to do is to follow the below-mentioned steps to understand how you can purchase your Bitcoin cryptocurrency.
- Register yourself with the domain, if necessary.
- Go to the buy menu, and select Bitcoin as your purchasable cryptocurrency
- Provide the number of coins you want to buy
- Send the payment in Australian Dollar via your bank account, credit, or debit card. The payment should be equivalent to the number of Bitcoins you are buying.
- The purchased Bitcoins will be transferred to your online exchange wallet temporarily. From there you can transfer them to your offline wallet for keeping them safe and secure.
If the above-mentioned steps are followed carefully, you will then purchase Bitcoins with Australian Dollars without any complications. Keep in mind that all kinds of cryptocurrencies are considered CGT (Capital Gains Tax) assets in Australia. It is strictly followed by ATO (Australian Tax Office), and you cannot get away with it.
