Why use Swyftx to buy Bitcoin?

Lowest Fees

When you buy Bitcoin in Australia with Swyftx, enjoy ~4x lower spreads and ~2x cheaper trading fees than our closest competitors. Swyftx has some of the lowest fees of any Australian platform on the market.

Instant Verification

Enjoy instant online verification without uploading documents. This is convenient for those who are looking to buy Bitcoin BTC in Australia when they’re in a hurry. If you have the credentials to satisfy the requirements that Australia looks for, then why wait days for verification?

Secure Accounts

Both password detection breaches and two-factor authentication defend your account from scammers. However, we recommend a hardware wallet in addition to your Swyftx wallet to store your cryptocurrency offline securely.

What is Bitcoin?

Bitcoin is a peer-to-peer, open-source digital currency that was invented in 2009 by Satoshi Nakamoto. As of May 2020, over 30 million Bitcoin wallet addresses held an actual balance, which was up roughly 20% from the year earlier. Bitcoin operates without a centralised authority such as a governmental or centralised bank. The validation of new BTC transactions is confirmed by the network miners. About 70% of Bitcoin mining power is controlled by China.

Bitcoin in and of itself is an international force to be reckoned with. Not only is the market cap billions upon billions of dollars, but the entire industry is able to capitalise off of the rush. This is similar to the way gold mining companies and shovel providers capitalised off of gold. Proprietary companies (pty ltd) specialise in all different types of subindustries within Bitcoin.

How to Buy Bitcoin in Australia

It’s easy to buy Bitcoin in Australia using the Bitcoin trading platform Swyftx. The first step to get Bitcoin is to set up a free Swyftx Exchange account where you can buy Bitcoin and other digital currencies using the secure app. Once you have created an account and completed your ID verification, you can deposit funds (in AUD) using payment options such as bank transfer, OSKO, PayID, and then once the deposit clears, simply enter the amount of Bitcoin you wish to purchase and click the ‘Buy Bitcoin’ button. Once you have bought your Bitcoin BTC, the Bitcoin will become immediately available in your wallet.

If you are new to the world of crypto, before you buy Bitcoin, you can activate the app’s demo mode where you can mock trade using real industry data data and learn the markets. Once you are confident, simply head back into standard mode to buy Bitcoin. Swyftx has an abundance of features and benefits that makes it a convenient and easy to Buy Bitcoin in Australia. It offers low spreads and low trading fees for Bitcoin trading, offers the ability to create automatic sell and buy Bitcoin orders, has online support, the ability to set up recurring buy bitcoin orders, combined order books and Integrated Viewing Charts where you can chart and closely monitor Bitcoin BTC as well as any other digital currencies you would like to track.

Create an Account and Buy Bitcoin

Signing up for a free trading account with Swyftx to buy Bitcoin in Australia is quick and easy process with three steps:

-Sign up for a free account

-Verify your identity

-Deposit AUD via our listed payment methods and buy Bitcoin

If you require any help during this process our support team is waiting and happy to help!

 

Buy Bitcoin Australia in minutes!

Buy Bitcoin on Swyftx and we immediately make the Bitcoin available in your wallet. It’s super easy and super fast!

Signup Now

More trading options

All assets for trading

Buy, Sell and Trade many more Coins, Assets, Tokens and Digital Currencies with Swyftx, the most progressive Australia Crypto Exchange!

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