Valentina
Sat Jun 08 2024
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7 answers
1719
Is there a Bitcoin ATM in Australia?｜BitRocket Bitcoin ATM - BitRocket Bitcoin ATMs with cash in .Sydney, Melbourne, Brisbane, Perth, Adelaide, Launceston, Goldcoast Australia
I'm curious, is there a Bitcoin ATM available in Australia? I've heard of BitRocket Bitcoin ATMs that purportedly offer cash-in services in Sydney, Melbourne, Brisbane, Perth, Adelaide, Launceston, and Gold Coast. Could you please confirm if these ATMs are indeed operational and accessible in these locations? It would be helpful to know if there are any specific requirements or steps I need to take to use these ATMs. Additionally, are there any fees associated with using these Bitcoin ATMs in Australia?
CryptoWizardry
Sat Jun 08 2024
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6 answers
1262
Is Bitcoin legal in Australia?
Is Bitcoin legal in Australia?" This question often arises among individuals interested in exploring the world of cryptocurrencies. Australia, as a developed nation with a robust financial system, has taken a cautious yet progressive approach towards regulating digital currencies. The legality of Bitcoin in Australia largely depends on how it's being used. For instance, it's generally legal to buy, sell, and hold Bitcoin as an investment. However, using Bitcoin for illegal activities, such as money laundering or financing terrorism, is strictly prohibited. Additionally, businesses operating in Australia must comply with relevant tax and reporting regulations when dealing with cryptocurrencies. So, is Bitcoin legal in Australia? The answer is yes, but it's crucial to understand the legal framework and abide by it to avoid any legal troubles.
VoyagerSoul
Sat Jun 08 2024
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5 answers
922
Is cryptocurrency legal in Australia?
Could you please clarify for me, is the possession and trading of cryptocurrency considered lawful within the borders of Australia? I've heard conflicting information and am seeking a definitive answer. Do Australian authorities recognize cryptocurrencies as a legitimate form of currency or asset? Are there any specific regulations or tax implications that I should be aware of if I decide to engage in cryptocurrency transactions? I'd greatly appreciate it if you could provide some clarity on this matter. Thank you in advance for your assistance.
BlockchainMastermind
Sat Jun 08 2024
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7 answers
1516
Can I use Bitcoin in Australia?｜Bitcoin is 100% legal in Australia. It's legal to buy, sell, trade, spend, receive, and store.
Could you please elaborate on the legality of Bitcoin in Australia? I'm interested to know if it's permissible to engage in various activities such as purchasing, selling, exchanging, utilizing for transactions, receiving payments, and securely storing Bitcoin within the country's jurisdiction. Given that Bitcoin is 100% legal in Australia, I'm keen to understand the full scope of its legal usage in the country.
NebulaNavigator
Sat Jun 08 2024
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6 answers
1319
Is Binance shutting down in Australia?｜, and all existing derivatives positions on the platform must close before April 12. From April 14, investors will be unable to increase derivatives positions or open new derivatives positions with Binance.ASIC's cancellation of Binance's license in Australia is effective immediately
Is it true that Binance is ceasing operations in Australia? If so, what does this mean for investors? I understand that all existing derivatives positions on the platform must be liquidated before April 12th. But what happens after that date? Will investors be unable to trade derivatives on Binance from April 14th onwards? And why has the Australian Securities and Investments Commission (ASIC) revoked Binance's licence in Australia? Is this decision effective immediately, and what are the consequences for Binance and its Australian users?
