Buy Bitcoin (BTC) Australia: A Comprehensive Guide For 2024
By:W, LeahOver the past few years, cryptocurrencies have seen significant growth and wider adoption in Australia. In Australia, about a quarter of Australians own some sort of crypto. According to recent Swyftx Australian digital assets survey, cryptocurrency adoption in Australia shows a continuous uptrend. Besides, Roy Morgan research showed that more than one million of Aussies now own at least one cryptocurrency and the ATO noting that some 600,000 Australians have reported crypto holdings in their tax returns.
There is no denying that cryptocurrencies plays a significant role in the investment portfolio of Aussies. Are you a Australian novice trader looking to gain huge return from crypto trading? If you are, we are sure that the first cryptocurrency comes to your mind must be Bitcoin (BTC).
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.
＼Trade On BTCC With 10 FREE USDT!／
What is Bitcoin (BTC)?
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| Cryptocurrency | Bitcoin |
| Token | BTC |
| Price | $ 92213.0900  1.94% |
| Rank | 1 |
| Market Cap | $ 1,824.4B |
| 24H Trading Volume | $ 89.5B |
| All-time High | $ 93888.9000 |
| All-time Low | $ 0.0500 |
| 24 High | $ 93836.9400 |
| 24 Low | $ 90406.0600 |
| Cycle High | $ 92374.1000 / 2024-11-19 23:57:58 |
| Cycle Low | $ 91350.0000 / 2024-11-19 22:38:13 |
| Update Time | 2024-11-20 12:30:48 |
Invented in 2009 by an anonymous developer or group of developers using the name Satoshi Nakamoto, Bitcoin (BTC) is a cryptocurrency (a virtual currency) designed to act as money and a form of payment outside the control of any one person, group, or entity. However, Bitcoin (BTC) is distinguished from fiat currency as it is created, distributed, traded, and stored using a decentralized ledger system known as a blockchain.
Since its inception, Bitcoin has became the most original and well-known cryptocurrency in the world. Its popularity and fast development has promoted the emerge of many other cryptocurrencies.
In 2024, Bitcoin(BTC) has witnessed price rally, especially after the approval of eight spot BTC ETFs by the SEC and the fourth Bitcoin Halving. On November, the crypto market experienced a sudden surge in buying pressure as Donald Trump took the win for the 47th President of the United States. The pioneer cryptocurrency, Bitcoin, jumped nearly 10% to hit a new high of $76,800, accelerating the broader market.
As of writing the article, Bitcoin (BTC) is traded at $ 92213.0900, witnessing a hefty 24-hour trading volume of $ 89.5B. Bitcoin (BTC) saw a 24-hour change of 1.94%, with minor fluctuations of 0.46% in the past hour.
The following sets forth BTC to USD Chart
For more information about Bitcoin(BTC), please visit BTCC Bitcoin(BTC) quote page.
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How to Buy Bitcoin (BTC) in Australia?
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, you can click the button below to trade BTC coin⇓
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.
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 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%.
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.
＼Trade On BTCC With 10 FREE USDT!／
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.
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 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.
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.
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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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