Can I buy Bitcoin with a P&N Bank account in Australia?
If you have a P&N Bank account, they currently do not have an option for its customers to buy or sell cryptocurrency through it platform, but if you have an account with them, you can deposit money into an Australian cryptocurrency trading platform. We recommend if you are getting started with investing in Crypto we recommend using CoinSpot because it is regulated by ASIC (Australian Securities and Investments Commission) and accepts AUD deposits.
How to buy Bitcoin with a P&N Bank account.
If you want to buy cryptocurrency like Bitcoin or Ethereum while using your P&N Bank account, then you'll need to find an online exchange that offers bank deposits. CoinSpot is a good option; the Australia-based platform provides a safe and easy way for users to purchase crypto assets.
The following is a step by step guide on how to get started.
1 - Sign up on Coinspot by clicking the "Register" button highlighted in the image below.
2 - Go through and complete the personal verification process. This will only take a few minutes.
3 - Deposit the amount of AUD you would like to invest from your P&N Bank account by click the "Deposit Funds" button
4 - Go to the "Buy/Sell" section and purchase the crypto asset of your choice.
Latest P&N Bank Crypto Policy
P&N Bank does not endorse or verify the quality, security, or legality of these platforms but has reviewed their eligibility requirements and found them acceptable for customers who wish to trade digital assets.
Current Price of Bitcoin in AUD
