CoinSpot, established in , is a popular Bitcoin & cryptocurrency exchange based in Australia. CoinSpot provides a simple and easy to use interface with a wide selection of features. Users can deposit via POLi, PayID, BPAY, cash deposit or direct deposit. The exchange supports Bitcoin, Ethereum, Litecoin & + other coins. Dec 21, · Some of the things that set CoinJar apart from other Australian Bitcoin exchanges are that it has both a simple brokerage service and a reasonably active trading platform, that it offers a Bitcoin. Bitcoin Trading Australia Platform The above brokers are essentially the best Bitcoin trading platform for Australian residents. they have ground based offices and are ASIC regulated. ASIC is the main financial regulator in Australia and is very important so you can protect your money when trading.
Bitcoin trading companies in australiaBitcoin Trader | Bitcoin Automated Trading
CoinSpot provides a simple and easy to use interface with a wide selection of features. OTC trading is also available. This is an ad. We may receive compensation when you use CoinSpot. Please visit CoinSpot for its exact pricing terms. Swyftx, established in , aims to make crypto buying super simple for beginners with an easy to understand user interface, great guides, fast chat support, and an app for every device. We may receive compensation when you use Swyftx.
Please visit Swyftx for its exact pricing terms. Established in , CoinJar is the easiest way to buy, sell, store and spend digital currency. We may receive compensation when you use CoinJar. Please visit CoinJar for its exact pricing terms. We may receive compensation when you use easycrypto. Please visit easycrypto. It caters to retail users, traders, SMSFs and institutions. They use encrypted, geo-dispersed data centres and top tier underground vaults to protect your data and crypto.
We may receive compensation when you use Independent Reserve. Please visit Independent Reserve for its exact pricing terms. Residents of Australia can use Coinbase to purchase bitcoins with a debit card. The fees are 3. We may receive compensation when you use Coinbase. Please visit Coinbase for its exact pricing terms. Coinmama allows customers in almost every country to buy bitcoin.
They charge a 4. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama. We may receive compensation when you use Coinmama. Please visit Coinmama for its exact pricing terms. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.
It also offers unique features like copy trading. Investments are subject to market risk, including the loss of principal. We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
We may receive compensation when you use Coinbase Pro. Please visit Coinbase Pro for its exact pricing terms. Founded mid, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries. LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Users may advertise trades for whichever payment method they prefer. Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country, including the United States , Europe besides Germany , UK , Singapore, Canada , Australia and many more.
We may receive compensation when you use LocalBitcoins. Please visit LocalBitcoins for its exact pricing terms. BuyaBitcoin is Australian Bitcoin broker. You can use the service to buy bitcoin via cash deposit for 4.
Your coins are usually delivered within an hour. Coin Loft is an Australian Bitcoin broker. These trading fees cover the use of the platform and are known as the spread. These vary from market to market and trading platform provider. Overnight financing is a fee to keep the trade open when the markets are closed. These fees are similar to an exchange, where they charge you each time you transact in your digital wallet. Below are the most common ways to trade.
I would make sure you pick the strategy that resonates with you and how involved you want to be. The easiest will make you least profit vs the hardest, which is logical. This is probably the easiest way to trade, but the least engaged as you look upon it as a long term investment.
Trend Trading — this is where you take a trading position that mathes the current market trend. I the market is trending up bullish over time then you would go long buy , however if the market was trending down bearish then you would go short. When the trend starts to look to change you would look to close your position, bank the profit and reopen reflecting the current trend bull or bear.
Day trading — means just that, trading the rise and fall of the price over a single trading day. This is the most intensive type of trading as you take advantage of the short term price movements. Hedging — this is where you take a longer term trade position and mitigate any exposure by open a trade in the opposing position to the one you already have open.
This means you can cover potential losses in the shorter term as the market goes against your longer term trading. Another part of a Bitcoin trading strategy should involve analysing the market to identify trends.
All the trading platforms we list have very powerful charting coupled with news feed. Candlestick charts represent a very powerful technical analysis tool that can help you trend the market direction. Every Bitcoin trading strategy should include some form of risk management, such as a Stop Loss order. All the Bitcoin trading Australia platforms we have listed include this functionality. You should also look to place a Take Profit order to make sure you maximise your profits of any trade.
Bitcoin Trading Australia Contents. Please rate this Rate 1 to 5. All Rights Reserved. Your Capital is at risk. CFD Trading is a leveraged product which means that you can lose more than you initially invest. It may not be appropriate or suitable for all investors.
Ensure that you understand the risks involved in Cryptocurrency trading and seek independent financial advice if required.