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Buy BTC in Australia with AUD.

BTC

See how much BTC you can buy, then deposit funds via PayID, Osko bank transfer, or card, and purchase in a few taps.

$
USD
BTC logoBTC
Buy BTC
$74,309.90
-0.09%(-$67.40)

How to buy Bitcoin on Nexo.

1. Sign in or create account

Once done, open the Nexo app or web platform and tap Add funds on your Dashboard.

2. Select payment method

Choose the payment method that suits you best from the options available.

3. Choose asset and amount

Select Bitcoin and the amount you want to buy.

4. Review and confirm

Check the details and confirm your purchase. Your Bitcoin will be added to your account, ready to use across the Nexo ecosystem.
Get started

Account funding built for Australia.

Fast A$ bank transfers

Add A$ from your bank using PayID or a BSB. Supports Osko, Australia’s fast payments service.

Visa & Mastercard

Add funds to your account via your debit and credit card.

Apple Pay & Google Pay

Fund your account via the two most popular online payment services.
Fund your account

What is Bitcoin?

Bitcoin is the first and largest cryptocurrency by market value. It was launched in 2009 by a person or group using the name Satoshi Nakamoto, as a way to send value online without a bank or other middleman. Bitcoin runs on a public blockchain kept by thousands of computers around the world. New bitcoin is created through mining: computers compete to add the next block of transactions, roughly every 10 minutes, and the winner receives newly issued bitcoin. There will only ever be 21 million bitcoin. That fixed supply is a big part of why many people see Bitcoin as a long-term store of value, sometimes called "digital gold". Each bitcoin can be split into 100 million smaller units called satoshis, so you can buy as little or as much as you like. At present, 20,110,256 Bitcoins are in circulation. This scarcity is why its proponents compare Bitcoin to “digital gold” and use it as a store of value.

Bitcoin vs Ethereum.

BitcoinEthereum

Launched

2009
2015

Main purpose

Digital store of value and payments
A platform for apps and smart contracts

How transactions are agreed

Mining (proof of work)
Staking (proof of stake)

Maximum supply

21 million
No fixed maximum

Typical settlement time

About 10 minutes
About 12 seconds

Smallest unit

Satoshi (0.00000001 BTC)
Wei (0.000000000000000001 ETH)
Nexo token

Comparing Bitcoin and Ethereum?

Ethereum is the leading platform for apps and smart contracts, and the second-largest cryptocurrency by market value. Buy it with AUD in a few taps on Nexo.
Buy Ethereum in Australia

What moves the price of Bitcoin?

Like any digital asset, Bitcoin's price is set by supply and demand on exchanges around the world. A few things tend to affect it:

The halving

About every four years, the reward for mining new blocks is cut in half, which slows how quickly new Bitcoin enters circulation.

Institutional demand

Exchange-traded funds, companies, and funds that buy and hold Bitcoin add to demand.

Interest rates and the economy

Bitcoin often reacts to changes in interest rates, inflation, and the wider economy.

The Australian dollar

Bitcoin is mostly traded in US dollars, so the A$ price also moves with the AUD/USD exchange rate.
Bitcoin's price can move quickly in either direction. Consider buying only an amount you'd be comfortable holding through those ups and downs.

Why buy Bitcoin with Nexo in Australia.

Funding built for Australia

Your own AUD account details, PayID and Osko support, and a dedicated Australian team.

Registered locally

Nexo Australia is registered with AUSTRAC and is a member of the Australian Financial Complaints Authority (AFCA).

Pricing from multiple venues

Our smart order router pulls liquidity from multiple venues to fill your order at the true cost.

Crypto cashback

Wealth Club members with a balance above US$5,000 receive up to 0.7% crypto cashback on purchases.

Strong financial health

Backed by US$7+ billion in assets under management and built to give you stability and confidence in every move you make.

White-glove client care

A dedicated client care team is available 24/7, so expert, personal support is always one message away.

Learn more

More you can do with your Bitcoin.

Trade at your price

Swap Bitcoin across 1,500+ pairs and use Limit and Trigger Orders to buy or sell automatically.

Buy on a schedule

Set up Recurring Buy to purchase Bitcoin automatically at regular intervals.

Borrow against your Bitcoin

Access AUD with a Credit Line instead of selling your Bitcoin.

Tax reporting with Koinly

Import your Nexo transaction history into Koinly to prepare reports for the ATO.
Get started

Frequently asked questions

How do I buy Bitcoin with Australian dollars?

Add AUD to your Nexo account using PayID, a bank transfer, or a card. Then go to the Exchange tab, choose Bitcoin, enter the amount, and confirm.

Can I buy less than one Bitcoin?

Yes. Each Bitcoin is divided into 100 million units called satoshis, so you can buy a small fraction of a bitcoin with the amount of AUD you choose.

When is the next Bitcoin halving?

The next halving is expected around April 2028, when the network reaches block 1,050,000. At each halving, the reward for mining a new block is cut in half, which slows how quickly new bitcoin enters circulation. The most recent one, in April 2024, cut the reward to 3.125 BTC.

How many Bitcoins are there?

There will only ever be 21 million bitcoin. More than 20 million have already been mined, and the rest will be released gradually through mining until around the year 2140. Each halving, about every four years, slows that release further.

Can I borrow against my Bitcoin instead of selling it?

Yes. You can use your Bitcoin as collateral for a Nexo Credit Line and receive AUD, while keeping your Bitcoin. You can borrow up to 50% of your Bitcoin's value.

Can I buy Bitcoin automatically on a schedule?

Yes. With Recurring Buy, you can choose an amount in AUD and how often you want to buy, for example, weekly or monthly. Nexo then buys Bitcoin for you automatically. Buying regularly is a common way to spread purchases over time, rather than buying all at once.

How long does a PayID or Osko transfer take?

Osko transfers between participating banks usually arrive in near real time. A standard BECS transfer typically takes 1–3 business days.

Can I buy Bitcoin with a credit card in Australia?

Yes. You can use a Visa or Mastercard debit or credit card, or a card saved in Apple Pay or Google Pay.

Is there a minimum amount of Bitcoin I can buy?

Yes. The minimum purchase is the equivalent of US$10, so you can start with a small amount and buy a fraction of Bitcoin. Some funding methods, such as card payments, may have their own minimums, which you'll see in the app before you confirm.

Do I pay tax on Bitcoin in Australia?

Capital gains tax can apply when you sell, swap, or spend Bitcoin, depending on your circumstances. You can import your Nexo history into Koinly to help prepare your tax report, and a registered tax agent can advise on your situation.