Investing in Bitcoin & Cryptocurrencies in Australia
Find the tools to make your first crypto investment & tap into the opportunity of a lifetime
CoinSpot is Australia's most popular cryptocurrency broker. It offers over 100 alt coins to choose from and its super easy-to-use interface makes it perfect for investors getting into crypto for the first time. It has an excellent reputation for reliability and security. Great place to hold long-term coins and watch their values grow.
Binance is a world class cryptocurrency exchange. Advanced charts and cheaper trading fees than CoinSpot so great if you plan on doing regular trading. Note that you cannot deposit AUD here, so you need to buy crypto currency from CoinSpot first and then transfer to your Binance wallet address. Binance runs regular competitions like giving away Lamborghinis & Porches!
TradingView is an absolute must-have! It's not just an awesome tool, it's also home to a global community of investors and traders who discuss their ideas. Think of it as a social network for traders and investors on crypto markets. You can expand your knowledge for free by learning from them and share your ideas to get feedback. The paid version provides additional indicators, ability to save more charts and SMS alerting. A lot of functionality in the free version.
CoinTracking is the best tool for analysing your trades and generating tons of useful information such as the profit/loss, coin values, balances, realised and unrealised gains, and much more. Being an Aussie company, CoinSpot will be liable for data matching with the ATO so all sales and coin swap events are triggers for capital gains and you need to keep records. CoinTracking automatically imports your trades via API or CSV and provides a one-button tax declaration report, saving you days worth of paperwork and tax headaches. Do yourself a favour and sign up for the free version now. When you need the extra features, pay with BTC from this link for a 15% discount.
Ledger is a company providing hardware wallets based on robust safety features for storing cryptographic assets and securing digital payments. They are very easy to setup and use and provide peace of mind that your investment is safe from hackers and exchange closures.
Monaco is a coin that aims to bridge the gap between cryptocurrencies and real-world usage. To achieve this they have released the Monaco Metal, a stylish card that lets you spend crypto currency anywhere that accepts Visa. No delivery fees, no bank fees, no signup fees, no usage fees and transactions are processed at the real exchange rate. Monaco offers as much as 2% cashback in the form of their MCO cryptocurrency on all purchases. Open this link from your mobile phone to be rewarded with a bonus $10 starting balance on your new card.
Living Room of Satoshi lets Australians cash out to a bank or pay any BPAY bills and with no fees. A great way to spend crypto profits!
MinerGate is an established smart-mining multipool that allows users to automatically mine the most profitable cryptocurrency at the time. If you have a good graphics card or want to build a custom mining rig, this is a simple GUI desktop miner providing an easy and fun way to mine a range of digital currencies.
This site is not offering financial advice, merely linking to tools that have helped me on my crypto journey.
Always do your own research & never risk what you can't afford to lose.
Always do your own research & never risk what you can't afford to lose.