The recommended way to buy bitcoin with Bank of Melbourne in Australia is: Swyftx
The team at Extras will show you how to buy a bitcoin or other cryptocurrency with a Westpac bank account in Australia.
If you are a current customer of Bank of Melbourne you are lucky because you have several options when buying Bitcoin in Australia.
Banks such as Bank of Melbourne 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.
- 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 Bank of Melbourne
- Navigate to the Trade Page
- Choose Bitcoin
- Choose Your AUD Amount to Buy Bitcoin
- Confirm Your Order and Commit to Buy Bitcoin
About the Bank of Melbourne
The Bank of Melbourne is an Australian bank. Established in 1843, they are one of Australia’s longest-standing banks with a long and proud history. We’re committed to embracing new technological advancements which will support your lifestyle today and in the future.
The Bank of Melbourne offers a variety of affordable banking services for all your financial needs. Combined with Australia’s highest security standards, you can bank with confidence that your funds are secure and accounted for.
