How to sell bitcoins in australia

Apart from tallerembajador.com.mx, there are other Bitcoin exchanges that provide their services in the US:

Coinbase – Supports 32 countries with more than 10m customers served and allows the purchase of Bitcoin for Australian Bitcoin buyers using credit and debit cards. The fees are % per purchase and the Bitcoins are delivered almost immediately. For purchases of more than A$ via one of its links, Coinbase rewards buyers with A$13 worth of free Bitcoins. The only issue with using Coinbase is the length of time it takes to purchase Bitcoin with bank transfers.

Coinmama: For purchases of under $, there is no requirement to verify identity, though there is a transaction fee of around 6% for customers buying Bitcoins with credit or debit cards, which is very high.

GDAX: Considered to be one of the larger U.S Bitcoin exchanges and customers can transfer funds via bank transfer, SEPA or bank wire. The exchange is also considered competitive from a fee perspective.

CoinCorner – Allows the use of 3D secure enabled credit to immediately purchase Bitcoins, debit cards to deposit funds into an account for the purchase of Bitcoins or currency deposits made by SEPA bank transfers.

There are others and it does require some amount of research to find the best exchange that addresses buy and seller requirements on fees, security, etc.

If the sound of a Bitcoin exchange is off-putting, the alternative is to buy and sell Bitcoins via a Bitcoin ATMs, though most will only accept cash for a purchase, or face-to-face.

Where can I Use Bitcoin in Australia?

The use of Bitcoin is relatively limited in Australia when considering the size of the country. Vast areas of the country are remote and made up of farmland, which will not be Bitcoin-friendly.

Merchants accepting Bitcoin range from bars and restaurants, hotels, with Subway Australia the largest merchant accepting Bitcoin, with 1, stores in Australia. Retailers that are currently accepting Bitcoin are located in the country’s biggest cities including Adelaide, Perth, Melbourne, Sydney, and Brisbane. Melbourne and Sydney have been leading the Bitcoin evolution across the retail space.

How to Trade Bitcoin in Australia in 4 Easy Steps

As is the case in other asset classes, the digital characteristic of Bitcoin means that access to Bitcoin is global and can reach anyone with access to a computer and the internet.

Compared with the more advanced markets of the U.S, Asia, and Europe, Australia’s Bitcoin evolution has been slower but certainly not missing, with Bitcoin exchanges and Australian brokers provide investors and traders with the necessary platforms to buy, sell and trade Bitcoin.

For the Bitcoin trader, these are likely to be less sticking points than the fees, security, and liquidity of the exchange. Bitcoin traders can ill afford to wait days for proceeds from sales to reach their accounts or for it to take days for Bitcoins to be released into the trader’s Bitcoin wallet.

For traders looking to take advantage of an increased Bitcoin product offering, with Bitcoin CFDs and leverage on offer, FXTM provides cryptocurrency trading. Below is a complete guide to buying Bitcoin via FXTM in 3 steps:

Step 1 – Register and Open an Account

To open an account with FXTM is a simple process. Click here to proceed.