Paybtc
Paybtc is a fast and secure Bitcoin exchange in Australia that allows users to buy and sell bitcoin instantly, 24/7. It is the only self-custody crypto platform in Australia, meaning you control your keys and, therefore, your bitcoin.
The exchange is very easy to use. All you need is an email address and a Bitcoin wallet. You can use the platform to buy or sell bitcoin and even pay your bills.
paybtc makes it easy to buy bitcoin directly with AUD from your bank account. Although the platform is only web-based, it has a simple user interface, making it ideal even for novice bitcoin users.
Pros
- Simple and easy-to-use interface
- Non-custodial platform
- Responsive customer support
- Ideal for large transactions
Cons
- No advanced trading tools
- Only available on the web
Bitaroo
Bitaroo is an Australian Bitcoin-only exchange founded in 2018 that allows you to buy and sell bitcoin quickly so you can seamlessly convert your AUD into BTC.
The exchange caters to both new and experienced traders. It has a simple user interface and advanced charting tools for seasoned traders.
Pros
- Has a user-friendly interface
- Includes advanced trading tools
- Lightning network integration
Cons
- No live support or phone assistance
HardBlock
HardBlock is one of Australia’s leading exchanges offering various advanced features for those who want to trade BTC. The exchange is especially a favorite for those who’d like to save in Bitcoin, thanks to its comprehensive Bitcoin savings plan.
The signup process on the platform is pretty straightforward, and you can start using your account as soon as you’ve verified it. The simplistic site design makes it easy to navigate.
Pros
- User-friendly and simplistic design
- Auto-DCA investment feature
- Responsive customer support
Cons
- The extra steps might be too complicated for beginners
Amber App
Amber is an Australia-based Bitcoin-only exchange that offers a mobile app for iOS and Android devices. The app allows users to accumulate Bitcoin using dollar-cost averaging.
The app supports the Lightning Network for fast and cheap transactions. It is easy to use, making it ideal for beginners wanting to DCA into Bitcoin.
However, unlike other platforms on our list, Amber App is subscription-based, with two available plans. Some of the app’s features are available depending on the chosen plan.
Pros
- Offers Bitcoin DCA feature
- Available for both iOS and Android users
Cons
- Advanced features need a higher subscription fee
The Takeaway
If you want to buy bitcoin in Australia, Bitcoin-only exchanges are an excellent place to start, as they cut through the noise of the altcoin market and focus exclusively on bitcoin.
We’ve listed some options to help you get started, but always remember to do your own research to choose an exchange that is right for you and meets your needs as a Bitcoin investor.