Table of Contents
- Can you buy Crypto with a Bank of Melbourne account?
- How to buy Bitcoin with Bankwest?
- Bankwest Cryptocurrency Policy
- Current price of Bitcoin in AUD
Can you buy Crypto on Bankwest?
If you're a Bankwest customer and you're looking to purchase cryptocurrencies such as Bitcoin, Ethereum or Dogecoin we recommend using a trusted Australia exchange such as Coinspot.
With the recent hype surrounding cryptocurrencies, it's not surprising to see that many people are considering making investments in these new assets.
Although, Bankwest currently does not offer a service to purchase crypto directly through their platform, you can easily deposit money to a trust exchange. The following are steps you will need to take using Coinspot.
How to Buy Crypto with a Bankwest Account
As a Bankwest customer, you can deposit and withdraw your Australian Dollars safely and securely to CoinSpot. CoinSpot is a top cryptocurrency exchange that offers free deposits and withdrawals to its Suncorp customers. They also have minimal trading fees at 0.1%."
Here's a quick guide to getting started with Bankwest.
- Sign up to Coinspot Australia
- Complete the verification process
- Go to the 'Deposit AUD' screen and connect your Bankwest account
- Deposit the amount of AUD you want to invest
- Click the 'Buy' tab in the menu, then select the crypto you want to buy.
- To make a purchase, enter the dollar amount you want to spend and click 'Buy'!
Bankwest Cryptocurrency Policy
Bankwest has no negative banking policy towards cryptocurrencies like Bitcoin. Customers are free to deposit and withdraw from cryptocurrency exchanges worldwide.
Current Price of Bitcoin in AUD
