Is it Easy to Start with Bitcoin in Australia?

It’s 2020 and Bitcoin is easier than ever to purchase in Australia.
You can easily grab what you need and start your crypto journey in no time at all.

To get started, you will first need a place to store your Bitcoin (BTC). If you are unfamiliar with Bitcoin wallets take a look at our Australian Crypto Wallet Guide.

If you are new to Bitcoin wallets – think of a Bitcoin wallet as an online bank account for your Bitcoin. Just be sure to take precautions as you are now essentially your own bank, so it is your full responsibility to store and safeguards your digital assets.

The good news is that Bitcoin wallets are incredibly easy to set up – so don’t stress, kick back and follow our guide to learn how to get started in the exciting world of Bitcoin.

How to buy Bitcoin in Australia

To buy Bitcoin in Australia, you need to sign up with a reputable Bitcoin exchange or Bitcoin Brokerage.

Exchanges are great for the ‘day trader’ but let’s keep it simple. For someone just entering the scene we just need a simple path without any unnecessary stress.

Taking this into consideration, when buying Bitcoin we highly recommend using the friendly locals at Easy Crypto Australia.

How to buy Bitcoin in Australia with Easy Crypto

Simply go to easycrypto.ai/au and create a free account, and within minutes you’ll be all green to buy Bitcoin and get your Bitcoin adventure underway! ₿

Need more convincing? … Maybe you’ve tried your luck googling “buy bitcoin Australia” or “buy Crypto Australia”, and you’ve been overwhelmed by the search results. Perhaps it all seems too hard and you’re starting to think you just might not bother. No one would blame you. The world of bitcoin and cryptocurrency is an intimidating ether. To start with, the nature of the technology behind the currency mining process is complex to understand.

Equally, the somewhat “cloak and dagger” beginnings of bitcoin, with its infamous inventor Satoshi Nakamoto and his white paper explaining how bitcoin works, as well as bitcoin’s association with the Dark Web and now-defunct Silk Road, could understandably turn off the more conservative of potential investors. But such concerns are unfounded. As will be described, the process to buy crypto Australia can be straightforward with the help of those with know-how.

That’s all it takes for you to enter the world of cryptocurrency. Sure, from afar, if you listen to mainstream media that dissuade you from purchasing Bitcoin, you might have some reservations about the security and cost of entering the crypto market. However, with the help of an exchange provider like Easy Crypto Australia, the process is smart, simple and safe. Make your bitcoin adventure fun and exciting, just as it should be.

The post How to start with Bitcoin in Australia appeared first on Easy Crypto.

And even better news, we don’t charge any fees on this!

With our new crypto-to-crypto exchange feature, you can now directly exchange cryptocurrencies like Bitcoin into other cryptos like Ethereum – sent directly to your wallet of choice. 

Instead of having to use an international exchange (or an expensive wallet) to convert your coins into others, Easy Crypto is here to help you with everything from buying, selling, tracking and now exchanging your cryptocurrency assets. We have your back!

How To Use ECAU’s Crypto Swapper

To showcase our Crypto Swapper feature, as an example we’ll run you through converting Ethereum into Bitcoin. This is just ETH and BTC though, you have the option to convert between 150+ of our listed currencies.

Your first step is to head to our crypto swapper page, insert the coins and amount you want to swap and provide us with your wallet address.

As soon as the swap is completed on our end, your new coins will be sent directly to your wallet of choice – typically within under 10 minutes of creating your trade.

You can also easily summon any address saved in your address book!

Once you’ve entered in those details, your next step is to simply click ‘Create swap’.

Once you’ve done that you’ll be prompted to send the crypto you’re swapping over to us to complete the transaction. 

Just copy the send address into your wallet and send away!

After that, head on over to your My Account/Orders page to see the order. 

It will appear just like any of your other orders.

Under ‘Order Type’ you will see ‘Swap’ which will identify this is the one. And then we wait…

And BANG. You’ll see that under status this has changed to ‘completed’, and your new coins will be sent to your wallet within about 15 minutes.

Don’t forget to reach out to the team if you ever get stuck creating a swap order and we hope this makes life a lot easier for everyone out there!

The post You Can Now Exchange Between Cryptocurrencies! appeared first on Easy Crypto.

Easy Crypto is proud to announce that we now offer a 100% funds safety guarantee.

From the second we receive your funds right through until we send out your order, you can have full confidence that you’re not at risk of losing your funds – we’ve got your back.

• Our funds safety guarantee starts once we receive your payment (AUD if you are creating a buy order, or crypto if you are creating a sell order). We can’t guarantee keeping your funds safe if we haven’t received them!
• Our funds safety guarantee finishes when we send the payment to the address/account you asked us to send to. Please note that we can’t take any responsibility if you gave us the wrong details.
• We guarantee ourselves and our suppliers, e.g. if we send your funds to an exchange and that exchange gets hacked – we will still honour your trade.
• This is not a price guarantee – as per our order form, prices are only locked in once payment is received and may vary from what you were quoted, depending on when your payment arrives.
• Funds safety guarantee does not apply to orders that are fraudulent or unlawful

The post Easy Crypto Australia’s 100% Funds Safety Guarantee appeared first on Easy Crypto.

Your Easy Crypto Wallet (previously called a ‘portfolio’) is what’s called a “cold wallet”. This means that it is completely offline, and impervious to any attacks or hacking. It is encrypted with the latest AES 256-bit CBC encryption. For the safest storage, put it on a USB drive, and store it in a physically secure location.  It is extremely important that you memorise the passphrase you use to unlock your wallet.  This passphrase is like the P.I.N to your bank account.  Do not share it with anyone.

Open your Portfolio

Open the “completed order” email from Easy Crypto, and save your wallet to your computer or device. Then head to https://www.easycrypto.com.au/portfolio to open it up. Use the pass phrase that you wrote down when you ordered.

If you run into any trouble, have a read of our help article on Opening your Portfolio.

Verify your balance

To verify that your balance exists, you can use an online balance checker. Put ONLY your receive address into the balance checking websites, NOT your private key. You’ll find these addresses inside your wallet. We have a list of some reliable balance checkers in this article: How to verify your balance.

Please be aware that it may take several hours before the funds appear at your address – this depends on how fast the exchanges send it.

How do I send my coins to an exchange or another wallet?

If you wish to spend the coins in your wallet or transfer them elsewhere, you’ll need to use your private key for that. You’ll find the private key inside your wallet.

Have a read of this help article for full details: How to move your cryptocurrency to a different wallet.

I have more questions!

Use the search function at the top of this page, or have a read through our Frequently Asked Questions. For most people, this will answer everything you want to know.

If you can’t find what you’re looking for, there is a link at the bottom of the FAQ page to create a support ticket.

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