Can I buy Crypto with a Hume Bank account in Australia?
Hume Bank does not currently allow the purchase or sale of cryptocurrency, but if you have an Hume Bank account, you can still deposit money into a digital currency trading platform. We recommend using a platform called CoinSpot that is regulated by ASIC—the Australian Securities and Investments Commission—and accepts AUD deposits.
How to buy Bitcoin with a Hume Bank account.
To buy crypto assets like BTC and ETH with your Hume Bank account, 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.
This guide will walk you through the registration process.
1 - Sign up to Coinspot by clicking the "Register" button in the top right corner.
2 - Complete the personal verification process, this should take only a few minutes to complete.
3 - Deposit AUD from your Hume Bank account by click the "Deposit Funds" button
4 - Finally purchase crypto asset available through the platform.
Latest Hume Bank Crypto Policy
Hume Bank customers can trade digital assets on platforms that meet the bank's criteria for security and compliance. Hume 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.
