Can I buy Crypto with Defence Bank Australia?
Defence Bank does not currently allow the purchase or sale of cryptocurrency through it platform, but you can still deposit money into a digital currency trading exchange. We recommend using a platform CoinSpot, which is an Australian digital currency trading platform that accepts AUD deposits and is regulated by ASIC.
How to buy Crypto with a Defence Bank account.
In order to purchase Bitcoin, Ethereum or any other Cryptocurrency with your Defence Bank account, you'll need to find an online exchange that supports bank deposits.CoinSpot is a good option; the Australia-based platform provides a safe and easy way for users to purchase crypto assets like BTC and ETH. Below, we'll walk through how to sign up with the platform.
1. Start by signing up to Coinspot by clicking "Register" in the top right corner.
2. Finish the easy personal verification process, this should take a few minutes.
3. Once you have signed up deposit AUD from your Defence Bank account by selecting "Deposit Funds".
4. To purchase crypto assets click the "Buy/Sell" Tab through the platform.
Current Defence Bank Crypto Policy 2022
Defence Bank has announced that, effective immediately, it has begun offering its customers the ability to trade digital assets on platforms that offer a secure, compliant way to buy and sell these assets. Defence Bank does not endorse the security of these platform but has reviewed the eligibility requirements of these exchanges and believes them acceptable for customers wishing to trade digital assets.
Current Price of Bitcoin in AUD
