The recommended way to buy bitcoin in Australia as a CitiBank customer is: Swyftx
The team at Extras will show you how to buy a bitcoin or other cryptocurrency with a CitiBank bank account in Australia. CitiBank is a popular banking institution in Australia.
If you are a current customer of CitiBank you are lucky because you have several options when buying Bitcoin in Australia.
Banks such as CitiBank allow customers to purchase cryptocurrency via their accounts and make it easy for customers to do so.
In the Australian market, the exchange to buy crypto with is Swyftx. It is an established Australian exchange based in business with a great reputation for security and transparency.
Swyftx has very low fees compared to competitors such as Coinspot who charge far higher rates.
Here are the simple steps to buying Bitcoin with Swyftx. The process should take no longer than a few minutes, and it will only take up to a day to process your verification request, though this can typically happen instantly.
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- Create and Register an Account with Swyftx.com.au
- Set up 2FA or your Two-factor Authentication
- Verify All of Your Personal (or Business) Details with Swyftx
- Deposit an AUD Amount into Your Swyftx Account with CitiBank
- Navigate to the Trade Page
- Choose Bitcoin
- Choose Your AUD Amount to Buy Bitcoin
- Confirm Your Order and Commit to Buy Bitcoin
About CitiBank
Citibank is a global bank that provides all the things you need to improve your financial health: banking, lending, credit cards, and mortgages.
Everything we do at Citibank is designed with one goal in mind—to ensure customers feel good about their financial security.
