How to buy cryptocurrency to play in Australia
Introduction
To bet in crypto casinos, Australians need cryptocurrency - Bitcoin, Ethereum or stablecoins like USDT. The process consists of four logical steps: choosing an exchange, verification, replenishing an account in AUD and buying a crypto. Below are specific instructions without unnecessary "water."
1. Australia Stock Exchange Selection
Independent Reserve: licensed by AUSTRAC, supports PayID/Osko and BPAY, suitable for BTC, ETH, USDT.
Swyftx: simple interface, fast deposits via POLi and bank transfers, a wide range of coins.
CoinSpot: instant card purchases, AUD wallet and stablecoin support.
Binance Australia: low fees but requires stricter verification.
2. Registration and Verification
1. Create an account: email, come up with a strong password.
2. KYC (required): Download passport or driver's license + selfie.
3. Expect confirmation: usually 10-30 minutes, sometimes up to an hour at peak times.
3. Replenishment of account in AUD
PayID/Osko: instant internal transfer without fees, at least A $10.
BPAY: 1-2 hour credit, no fee, minimum A $50.
POLi: instant payment via online banking, without registration in POLi, at least A $20.
Card (VISA/MasterCard): instantly, commission 0.5-1.5%, minimum A $20-A $50.
4. Buying cryptocurrency
1. Choose a trading pair, such as AUD/BTC, AUD/ETH, or AUD/USDT.
2. Set the order type:
5. Withdrawal to an external wallet or direct deposit in a casino
External wallet:
To bet in crypto casinos, Australians need cryptocurrency - Bitcoin, Ethereum or stablecoins like USDT. The process consists of four logical steps: choosing an exchange, verification, replenishing an account in AUD and buying a crypto. Below are specific instructions without unnecessary "water."
1. Australia Stock Exchange Selection
Independent Reserve: licensed by AUSTRAC, supports PayID/Osko and BPAY, suitable for BTC, ETH, USDT.
Swyftx: simple interface, fast deposits via POLi and bank transfers, a wide range of coins.
CoinSpot: instant card purchases, AUD wallet and stablecoin support.
Binance Australia: low fees but requires stricter verification.
2. Registration and Verification
1. Create an account: email, come up with a strong password.
2. KYC (required): Download passport or driver's license + selfie.
3. Expect confirmation: usually 10-30 minutes, sometimes up to an hour at peak times.
3. Replenishment of account in AUD
PayID/Osko: instant internal transfer without fees, at least A $10.
BPAY: 1-2 hour credit, no fee, minimum A $50.
POLi: instant payment via online banking, without registration in POLi, at least A $20.
Card (VISA/MasterCard): instantly, commission 0.5-1.5%, minimum A $20-A $50.
4. Buying cryptocurrency
1. Choose a trading pair, such as AUD/BTC, AUD/ETH, or AUD/USDT.
2. Set the order type:
- Market order for instant purchase at the best price.
- Limit order for purchase at a given rate (may not be executed immediately).
- 3. Specify the amount in AUD or the desired number of coins.
- 4. Confirm purchase and wait for order execution (seconds for market order).
- 5. Check the balance - coins should appear in your crypto wallet on the stock exchange.
5. Withdrawal to an external wallet or direct deposit in a casino
External wallet:
- 1. Create an address in a hardware or software wallet.
- 2. In the "Output" specify the address, quantity and confirm the transaction.
- 3. Wait for 1-3 confirmations (stable coins) or 3-6 (BTC). Direct to casino:
- 1. In the casino's personal account, select → crypto → coin deposit.
- 2. Copy the address and paste it into the output field on the exchange.
- 3. Confirm your transfer and play in 1-10 minutes.
Conclusion
Buying cryptocurrency in Australia for betting in crypto casinos boils down to choosing a reliable exchange, passing KYC, replenishing AUD with local methods and executing a market order. Bring coins to an external wallet or immediately to a crypto casino - and enjoy the speed, anonymity and security of the game.
