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How to Buy Bitcoin in Australia
A complete step-by-step guide to purchasing BTC safely using AUD in 2026.
Recommended for Australia
The Best Way: Kraken
We have analyzed 20+ exchanges available in Australia.Kraken is currently the top choice because it accepts local bank transfers in AUD and offers the lowest fees for BTC trades.
Buy BTC on KrakenIs it legal to buy Bitcoin in Australia?
Yes. Buying cryptocurrencies like Bitcoin is legal in Australia. However, you must use a regulated exchange that complies with local financial laws.Kraken is fully compliant and allows you to deposit AUD directly.
Step-by-Step Instructions
- Step 1: Register. Go to the Kraken official site and create an account.
- Step 2: Verify ID. In Australia, you will need to complete KYC (Know Your Customer) using your passport or driver's license.
- Step 3: Deposit AUD. Go to the "Wallet" section and select "Deposit". Choose AUD via Bank Transfer for the lowest fees.
- Step 4: Trade. Search for the pair BTC/AUD and click "Buy".