Bitcoin cash australia
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When you are happy with the details, click "Confirm Buy" to complete the transaction. Congratulations, you now own some BCH! After purchasing BCH on any of the best crypto platforms it will be automatically stored in your BCH wallet address on the exchange. It is not recommended to leave your BCH or any cryptocurrencies on the exchange since it's not as secure as having it in your personal wallet. To hold your BCH securely, you can send it from your crypto exchange account to your personal wallet either a hot wallet app or a hardware cold wallet.
Be sure to check that the wallet you are sending to supports BCH. For example, some wallets are only for Bitcoin, and if you try to send your BCH there, it will be lost and can never be recovered! It's worth noting that the crypto exchange you use may charge a fee for transferring your BCH to your personal wallet. Is buying BCH in Australia legal? Can I use this method for all cryptocurrencies or only BCH? If the coin that you want to buy is offered on the cryptocurrency exchange you are using, you will be able to use the same method to purchase it.
If you are interested in buying Bitcoin, you can also read my simple guide on how to buy Bitcoin. Unfortunately, Paypal is not supported as a deposit method on most of the top Aussie crypto exchanges. If you are not able to use any other payment methods, and you only have access to PayPal, eToro Australia accepts PayPal. If you want to find out more, you can read this review of eToro Australia.
How to buy BCH with credit card? Swyftx is one of the few Aussie crypto exchanges that accept credit card purchases. You can easily buy BCH using your credit card, after signing up with Swyftx , our 2 recommended crypto platform. How to buy BCH with debit card? Most crypto exchanges in Australia do not support debit card deposits, but Swyftx is one of the few that does. Buying BCH with your debit card is easy, just open an account with Swyftx , the 2 top crypto exchange in Australia.
How do I buy BCH instantly? With Easy Crypto Australia, when you buy crypto, you pay for it straight out of your bank account, and your coins are sent straight to your personal wallet. You don't need to deposit money into an exchange first, and your crypto is never held on their exchange. Type in the amount you want to deposit, select your bank, and then click the "Continue to POLi" button to finalise your deposit. Click on Buy BCH and you will see the purchase screen, like the screenshot below.
The price of BCH is shown clearly in the middle of the screen. You will see a pop-up which confirms how much you are spending, the fee, and how many coins you will receive. Congratulations, you are now the proud owner of some BCH! If you prefer to be even safer, you can send your BCH to a personal wallet. You can click here to read about the best crypto wallets for Australians. Not many Australian crypto exchanges support debit and credit cards, but Swyftx does.
You can click here to open an account with Swyftx. If you choose a trustworthy and secure cryptocurrency exchange, it is safe to buy BCH in Australia. CoinSpot is the 1 top crypto exchange in Australia, and you can be assured that it is safe to buy BCH Bitcoin Cash using their platform.
How do I buy other crypto in Australia? If you want to buy other cryptocurrency such as Bitcoin, Dogecoin or Ethereum, you can follow the same steps above, but in Step 4, type in the coin you want to buy instead of BCH.
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