bitcoin.com.au

bitcoin.com.au, Australian Bitcoin and cryptocurrency exchange

bitcoin.com.au is an Australian cryptocurrency trading platform that has been operating since 2013 and presents itself as one of the country's longest-standing Bitcoin exchanges. The company claims to have more than 550,000 Australian customers and offers its services through both its website and mobile app for iOS and Android.

Its offering is built around buying and selling cryptocurrencies, storing them in your own wallet, and a set of trading tools aimed at different user profiles. The platform reports an average rating of 4.7 out of 5 on the App Store and 4.4 out of 5 on another review platform, with over 3,000 customer ratings.

Available cryptocurrencies and the buying process

The platform's catalogue includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and USD Coin (USDC), among other coins that can be viewed in the prices section. Buying is structured in three steps: opening an account with fast verification, depositing funds, and selecting the cryptocurrency and amount. According to the website, most accounts are verified within minutes and require Australian identification and basic personal details.

There is no minimum amount required to trade. Deposits can be made via PayID, EFT bank transfer, PayPal, credit or debit card. PayID and card deposits are instant, while bank transfers usually take one to two business days. The platform accepts VISA and Mastercard.

Trading tools and business services

The platform offers users features such as recurring buys, which allow you to automate purchases daily, weekly, fortnightly, or monthly; limit orders, which execute trades automatically when a target price is reached; leveraged trading, aimed at experienced traders; and an OTC service, managed by a dedicated specialist for trades from $50,000.

In addition to personal accounts, bitcoin.com.au offers accounts for companies, self-managed super funds (SMSFs), and trust accounts. The platform also includes tax calculation tools, multi-user management, and an API for integrations.

Security, regulation, and custody of funds

The company states that it maintains a 1:1 reserve of its customers' fiat and crypto assets. Most cryptocurrencies are stored in highly secure offline custody through an insured, enterprise-grade qualified custodian. Accounts are protected with two-factor authentication (2FA).

bitcoin.com.au is registered as a Digital Currency Exchange (DCE) with AUSTRAC under number DCE-100461150-001, holds ISO 27001 certification, and undergoes independent annual financial audits. The company states that its operations are governed by Australian standards and that it has a local customer support team available 24 hours a day, seven days a week.

Fees and customer support

Trading fees range from 1% to 0.1% depending on the volume traded in the last 30 days. The displayed price includes the fee, so users know the total cost before confirming the trade. The company publishes a full breakdown of fees on its website.

Support is provided from Australia with continuous service. The platform also offers educational resources on Bitcoin, Ethereum, crypto wallets, and FAQs, as well as a blog with industry information.