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:
  • 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.

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