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Buy Bitcoin (BTC) Australia: An Ultimate Guide
Fueled by Donald Trump’s epic victory in US election, the whole crypto market is full of bullish sentiment and Bitcoin breaks through $100,000 for the first time to reach an all time-high of $103,600 on Thursday, December 5, during early Asian trading hours. Undeniably, the election outcome has reignited immense excitement and bullish sentiment throughout the entire cryptocurrency market and the crypto market has hit new peaks.
In Australia, approximately one-quarter of the population possesses some form of cryptocurrency. A survey conducted by Swyftx on Australian digital assets reveals a persistent upward trend in the adoption of cryptocurrencies. Additionally, Roy Morgan research indicates that over one million Australians currently own at least one type of cryptocurrency, while the Australian Taxation Office (ATO) notes that roughly 600,000 Australians have declared their cryptocurrency holdings in their tax returns.
It is undeniable that cryptocurrencies play a pivotal role in the investment portfolios of Australians. If you are a novice trader in Australia seeking substantial returns from cryptocurrency trading, it is likely that Bitcoin (BTC) is the first cryptocurrency that comes to mind.
BTCC, one of the longest-running crypto exchanges in the world, supports trading for 300+ cryptocurrencies with leverage ranging from 1Χ to 500Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC.
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What is Bitcoin (BTC)?
Cryptocurrency | Bitcoin |
Token | BTC |
Price | $ 98756.0400 4.08% |
Rank | 1 |
Market Cap | $ 1,955.4B |
24H Trading Volume | $ 81.3B |
All-time High | $ 108282.0000 |
All-time Low | $ 0.0500 |
24 High | $ 99280.0100 |
24 Low | $ 93712.1800 |
Cycle High | $ 99537.5000 / 2024-12-21 07:44:32 |
Cycle Low | $ 92295.5000 / 2024-12-20 12:17:56 |
Update Time | 2024-12-25 05:47:30 |
Bitcoin, invented in 2009 by an anonymous individual or collective known as Satoshi Nakamoto, stands as the pioneering decentralized cryptocurrency. Distinct from fiat currencies, Bitcoin utilizes a decentralized ledger system, referred to as a blockchain, for its creation, distribution, trading, and storage. As a digital asset, Bitcoin employs cryptography to regulate its creation and management, independent of central authorities. Consequently, Bitcoin transactions are pseudonymous, with funds associated with addresses rather than real-world identities.
Since its inception, Bitcoin has emerged as the most groundbreaking and recognized cryptocurrency globally. Its widespread popularity and rapid evolution have sparked the advent of numerous other cryptocurrencies. In the broader crypto market, Bitcoin frequently serves as an indicator of market trends and movements.
In 2024, Bitcoin (BTC) has witnessed price rally. As the forth Bitcoin Halving event happened on April 20, Bitcoin (BTC), even the whole crypto market, is experted to undergo huge change in the coming months. After the Bitcoin surpassing the $100K in December 5,2024 fueled by Donald Trump’s big win in US election, there are more and more voice about “should investors buy Bitcoin” appeared in Australia. Despite the current turmoil in the global economy and the fact that almost all assets are suffering losses, crypto industry experts predict that the new Bitcoin ATH will lead to increased growth within the crypto sector overall.
As of writing the article, Bitcoin (BTC) is traded at $ 98756.0400, witnessing a hefty 24-hour trading volume of $ 81.3B. Bitcoin (BTC) saw a 24-hour change of 4.08%, with minor fluctuations of -0.11% in the past hour.
The following sets forth BTC to USD Chart
BTC USDT-margined perpetual futures contract with a leverage of up to 500x is available on BTCC. If you are interested, click the button below to buy Bitcoin (BTC) ⇓
For more information about Bitcoin(BTC), please visit BTCC Bitcoin(BTC) quote page.
How to Buy Bitcoin (BTC)?
After reading our introduction and analysis about Bitcoin (BTC), are you eager to start you trading journey starting from buying Bitcoin (BTC)? If you are, we strongly recommend you to start with a reliable crypto exchange like BTCC, where offers you the most detail introduction about all kinds of cryptocurrencies and the most safe and simple trading process.
BTC USDT-margined perpetual futures contract with a leverage of up to 500x is available on BTCC. If you are interested, click the button below to buy Bitcoin (BTC) ⇓
Where to Buy Bitcoin (BTC) in Australia?
If you want to trade Bitcoin(BTC) in Australia, we advise you to start with BTCC, one of the longest-serving exchanges in the world. As a old exchange enjoy good reputation, BTCC is more reliable. As one of the longest-running exchanges in the world, BTCC supports crypto copy trading, spot trading, as well as futures trading for 300+ cryptocurrencies with a leverage of up to 500Χ. If you want to trade Bitcoin (BTC) and other cryptocurrencies in Australia, you can start by signing up for BTCC.
BTCC is among the best and safest platforms to buy Bitcoin(BTC). The reasons why we introduce BTCC for you set forth as below:
Industry-leading security
BTCC attaches great importance on security. Since founded in 2011, BTCC has never been hacked or been a victim of any other kind of successful malicious attack, which fully illustrates its security capabilities. Through measures like segregation of assets, 1:1 storage of users’ assets, money laundering prevention and identity authentication and no collateralising tokens for loans, BTCC enjoys good reputation in asset security.
High and rich bonus
BTCC holds all kinds of campaigns where investors can participate to win exciting bonus. For example, new users can get rewards up to 10,055 USDT coupon through completing relevant missions, like registration, identity verification, first deposits, cumulative futures trading volume, etc. Besides, becoming VIP also can enjoy rewards like VIP-exclusive perks, including discounts on trading fees, access to exclusive campaigns, BTCC merch, priority customer support, fast withdrawal, and many more.
Excellent customer service
BTCC also gains great reputation in terms of customer support. If you are confused or have problem in the process of trading currencies, you can obtain customer support via email and live chat, BTCC offers 24/7 online customer service for you.
High Liquidity & Volume
BTCC is ranked top 10 by trading volume on both CoinMarketCap and CoinGecko, the world’s two largest crypto information platforms. BTCC prides itself on providing crypto futures trading services to users worldwide with market-leading liquidity, offering perpetual futures on over 300 cryptocurrencies, including BTC, ETH, DOGE, LTC, SOL, XRP, SHIB, etc.
Extremely low fees
Charging high fees means less return for investors. Compared with other major exchanges, BTCC only charges 0.06% for both takers and makers, which are far below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.
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How to Buy Bitcoin (BTC) on Australia?
BTC USDT-margined perpetual futures contract with a leverage of up to 500x is available on BTCC, you can buy BTC anytime on BTCC at the lowest price and highest security.
The following sets forth the guidance for buying BTC on cryptocurrency exchange BTCC:
Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.
Step Two: on the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method (fiat deposit, crypto deposit or convert).
Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find BTC/USD trading pair.
You can also directly click the button below to enter the BTC order page.
Step Four: choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.
- Market Order: users place orders at the best price in the current market to achieve fast trading.
- Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
- SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.
Step Five: adjust the leverage multiple.
Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.
Step Six: choose the lot size and set the SL/TP price .
Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.
Step Eight: click the buy or sell button, and BTC futures contract order is completed.
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BTCC Exchange FAQs
Is BTCC legit in Australia?
Of course, BTCC is legit in Australia. As one of the world’s longest-running exchanges with over 12 years of stable and secure operating history, BTCC is committed to providing a trading platform that is fair and reliable in every sense.
Can Australian Investors Trade Cryptos on BTCC?
Of course, BTCC, one of the longest-running exchange in the world, offers a comprehensive suite of services including spot trading, futures trading, and a secure wallet for both beginners and seasoned traders in Australia. Australian traders can log in BTCC to trade cryptos with highest security level and most competitive fee.
How Many Cryptocurrencies are Available on BTCC?
Australian traders can trade more than 300 cryptocurrencies securely on BTCC.
Does BTCC have a Mobile App?
Yes, the BTCC app is available on both iOS and Android.
How To Open a BTCC Account in Australia?
Opening an account on BTCC is quite easy.
Firstly, you need to click the “register” button on the right corner of BTCC homepage.
Then, you can create an account using an Email ID or Mobile Number.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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