How to buy Bitcoin with St George Bank (2022)

Summary:

St George Bank is still yet to release a native crypto trading app, so this means you have to use another licensed Australian exchange. We recommend Coinspot because they offer easy access to trade cryptos, stocks, ETFs and more for low fees.

Michael Scott
By:
Michael Scott
on
Apr 1, 2022
Image of the St George Bank homepage
Image of the St George Bank homepage

Table of Contents

  1. Can I buy Bitcoin with St George Bank?
  2. How to buy Crypto with St George Bank
  3. St George Bank Crypto Policy
  4. Current price of Bitcoin in AUD

Can I buy Bitcoin with St George Bank?

St George Bank has not yet enabled the buying, selling, or trading of any cryptocurrency assets on their platform. There are no plans to enable this functionality as of yet.

However, if you are interested in trading cryptocurrencies, you can link your St George Bank account to a trusted Australian cryptocurrency exchange such as Coinspot and deposit AUD to begin trading.

How to buy Crypto with St George Bank

The best place to quickly deposit Australian Dollars (AUD) or New Zealand Dollars (NZD) from your St George account is CoinSpot. CoinSpot has several different methods that you can use to send funds across.

Their exchange offers a fast AUD and NZD on-ramp with low fees. It's the safest place to get started with crypto-currencies in Australia.

Below is a quick guide to get you started.

Step 1 - Sign up to CoinSpot

Step 2 - Complete the sign up process by providing identification information

Step 3 - Click the ‘Deposit Funds’' button under the main logo. You can send AUD directly from your St George Account by click ‘Direct Deposit’ or choose from the five different payment options

Step 4 - Once your account is funded you can purchase crypto by clicking the ‘Buy/Sell’ button and purchasing any of the Cryptocurrency available.

St George Bank Crypto Policy

St George Bank does not have any policies that prohibit their customers from depositing AUD or NZD to licensed and regulated cryptocurrency exchanges in Australia and New Zealand. Customers can trade digital assets like Bitcoin, Ethereum or Solana with confidence.

Current Price of Bitcoin in AUD

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