The above brokers are essentially the best Bitcoin trading platform for Australian residents. they have ground based offices and are ASIC regulated. ASIC is the main financial regulator in Australia and is very important so you can protect your money when trading. The Bitcoin trading platform performance and ease of use is key to making your. Jake is my broker and he goes above and beyond to make things happen for me at lightning speed. Quick email or text and its a done deal. Don't bother looking elsewhere, this is the place that makes it happen fast. Bitcoin's Bull Run. Melbourne VIC , Australia. Access our exclusive newsletter. Subscribe to our newsletter. Dec 03, · Regulated FX Brokers That Accept Bitcoin for Deposits/WD. Broker Min Deposit Spread Leverage Regulation Founded in , the company has its headquarters located in Melbourne, Australia. The.
Melbourne bitcoin brokerThe Best and Trusted Bitcoin Forex Brokers (Fully Regulated)
Crypto prices are fairly volatile vs normal stocks and currencies, making the price swing, even in a single trading day. You will then profit from any increase from the price you executed the trade at. If the price goes down, you will profit from any decrease from the price you executed the trade at. Another key point is that, because Bitcoin has become so expensive, when you buy the Cryptocurrency using a digital wallet, it can tie up a great deal of your capital.
Deciding whether or not to trade Bitcoin online depends on what your financial goals are. Some of the reasons that Australian investors trade Bitcoin include:. All trading involves fees and are mostly made up of transaction fees and overnight financing. These trading fees cover the use of the platform and are known as the spread. These vary from market to market and trading platform provider. Overnight financing is a fee to keep the trade open when the markets are closed. These fees are similar to an exchange, where they charge you each time you transact in your digital wallet.
Below are the most common ways to trade. I would make sure you pick the strategy that resonates with you and how involved you want to be. The easiest will make you least profit vs the hardest, which is logical.
This is probably the easiest way to trade, but the least engaged as you look upon it as a long term investment. Trend Trading — this is where you take a trading position that mathes the current market trend. I the market is trending up bullish over time then you would go long buy , however if the market was trending down bearish then you would go short.
When the trend starts to look to change you would look to close your position, bank the profit and reopen reflecting the current trend bull or bear.
This is unique compared to any of the other existing payment options. Most e-wallets require traders to verify their identity by means of bank transfers, credit cards, or other documents. On the other hand, Bitcoin account holders can access their accounts without the need to go through any identification procedure.
Therefore, the anonymity associated with Bitcoin seldom works when it comes to trading currencies. This is to say that it works only if the trader wants to trade currencies without making withdrawals. Regulators also want brokers to obtain a lot of information from their clients prior to allowing them to trade currencies. Having said this, here are some of the best regulated Bitcoin forex brokers you can consider working with:.
In , FXOpen launched its online trading platform. Pepperstone, an execution-only forex as well as Australia CFD broker , provides trading solutions that cater to both veteran and novice traders. Founded in , the company has its headquarters located in Melbourne, Australia. AvaTrade, a pioneer in the field of online forex trading from onwards, was created for the purpose of providing great online trading experience to retail traders.
Within a short time, AvaTrade had more than 20, registered customers executing over 2,, trades in a month around the globe. Plus offers CFDs on shares, commodities, indices, forex, etc. More than 4. You can also use our contact form to ask any questions that you may have, or give us a call toll-free on , and one of our experienced, friendly, and knowledgeable advisors will be happy to assist you. Bitcoin Dealers makes buying and selling cryptocurrency quick and easy , as well as safe and secure.
Get in touch with us today, and we are confident that you will come back to us, again and again, to get the best deal possible. You can buy and sell bitcoin instantly at one of our private and secure offices. Buying Bitcoin is very easy when you come to us. To receive Bitcoin you need to have a wallet. Storing your coins requires a cryptoccurency wallet. There are different choices of wallets, one of our friendly and experiecned traders will happy to assists you on what type of wallet to have.
The Bitcoin gets sent to you on the spot and lands on your wallet while you are in our office. Remember to bring points of ID as it is requirement to buy and sell Bitcoin.
We have 3 branches around Australia, Melbourne, Sydney and Adelaide. Our 3 private and secure offices are in the city centres, here you can meet a real person to help you buy or sell bitcoin and all major digital currencies. And the Sydney office is located right next to Martin Place station. We do not have any fees, however there is a difference between the buy and sell price the bid and ask.
When you want to buy, the buy price is higher than the sell price, and when you want to sell, the sell price is lower than the buy price. All markets in the world have a bid and ask system, we follow the same system.
Yes making it very easy and convenient with Bitcoin Dealers. Bitcoin is like cash and should be treated as such. You can think of Bitcoin as been digital cash, therefore very easy to convert to cash at any time. Our exchange offers easy, fast and secure to Bitcoin for cash transactions and vice versa.
Many experts agree that digital currencies are the way of the future, like emails replaced fax machines and digital cameras replaced film cameras. Would you go and buy a fax machine now days? Most likely no you would not.
The world is changing due to technological advances and outdated ways of doing things. Bitcoin and digital currencies are the latest technology in the world of currencies. But remember at the end of the day it is your decision if Bitcoin is the right investment for you, there is a large amount of very good information on the web that is worth studying to make an inform decision. Yes Bitcoin is Legal here in Australia. A word of caution, the banking system are very anti Bitcoin here and all over the world.