How to buy Crypto with a Beyond Bank Australia account

Summary:

At the moment, you cannot buy crypto directly through BeyondBank online. You will need to sign up to a trusted exchange such as Coinspot in Australia to deposit AUD to buy Bitcoin and Crypto.

Michael Scott
By:
Michael Scott
on
Apr 20, 2022
Image of Beyond Bank Australia homepage
Image of Beyond Bank Australia homepage

Can I buy Bitcoins with Beyond Bank Australia?

As at time of writing, Beyond Bank does not offer any native services to buy or sell Bitcoin, Ethereum and other digital currencies. However, if you are an Australian resident, Beyond Bank will allow you to deposit AUD dollars into a trusted and regulated cryptocurrency exchange should you want to invest in this asset class. This is why recommend trusted exchanges like CoinSpot.

How to buy Bitcoin with a Beyond Bank account

To buy Bitcoins with your Beyond Bank account, you'll need to find an online exchange that offers bank deposits. One simple way to do this is by using the Coin Spot platform and buying crypto assets.

The guide below is an easy guide  on how to get started.

  1. Sign up to Coinspot
  2. Verify your personal information
  3. Deposit AUD from your Beyond Bank account
  4. Buy Bitcoin or any other crypto asset available through their platform

Beyond Bank Crypto Policy

As cryptocurrency becomes more widely accepted as an investment, you may want to participate. Beyond Bank allow customers to access platforms that allow you to buy and sell digital assets. Beyond Bank does not endorse or verify the quality, security, or legality of these platforms; however, they have reviewed their eligibility requirements and have found them to be acceptable for customers who wish to trade digital assets.

Current Price of Bitcoin in AUD

Other Bank, Crypto Buying Guides:

If you have multiple accounts and are looking to find out how to transfer your money the same process will apply. Check these other guides out for more details.

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