How to buy Bitcoin in Australia

Key takeaways

• Bitcoin is legal in Australia and is regulated by AUSTRAC and the Australian Taxation Office (ATO). 

• You can buy Bitcoin on various platforms, including centralized exchanges, decentralized exchanges (DEXs), P2P platforms and Bitcoin ATMs

• Payment options are diverse, including credit cards, debit cards, bank transfers and fiat cash deposits at ATMs

• Store your Bitcoin securely and opt for cold wallets, which protect you better than custodial wallets from crypto exchanges. 

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