The Cheapest way to Sell Bitcoin in Australia

Sell Bitcoin in AustraliaThe price of Bitcoin recently hit an all time high.  If you’ve previously invested in Bitcoin, then you might be thinking about cashing out your Bitcoin and hopefully taking quite a big profit! So what’s the best way to sell Bitcoin in Australia?

I’m going to show you the cheapest and easiest way to sell Bitcoin in Australia.  This means you’ll lose less money to fees and keep more of your profits!

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How to Buy Bitcoin in Australia

Buy Bitcoin in AustraliaAre you looking to buy bitcoin in Australia?  Here are 3 legit options for buying Bitcoin in Australia.

In Australia, there are now a number of great options for investing in crypto and these are my favourite ways:

Remember that Bitcoin is a risky investment.  Stick to investing a small percentage of your net worth in Bitcoin and never invest more than you can afford to lose.

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Raiz launches new Sapphire Portfolio

In 2020, Raiz launched a new portfolio type that includes Bitcoin. The Sapphire portfolio from Raiz includes 5% bitcoin.  This new portfolio makes investing in Bitcoin as simple as investing in other assets like shares and etfs.

But is it a good investment?  I can’t tell you if this is a good investment for you, but I can lay out some of the facts around the portfolio to help you make a better decision.  So before investing in the Raiz Sapphire portfolio make sure you read this post.

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Coinbase Referral Code: $13 Bonus

Coinbase is one of the worlds most popular places to buy and sell cryptocurrency.  But did you know that you can get $13 free Bitcoin when you sign up?  So before joining Coinbase make sure you read this post to get the latest Coinbase promo code.

In 2019 Bitcoin gained over 90%.  So even though it wasn’t getting the hype of previous years, if you had bought bitcoin at the start of the year and held it, you’d have made a handy profit.

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Should you buy Bitcoin on Coinbase in Australia

Coinbase is one of the worlds most popular places to buy bitcoin in the world.  But is it a great option for buying Bitcoin if you’re Australian?  We look at some of the pros and cons of Coinbase.

Buying Bitcoin on Coinbase

Coinbase is one of the easiest places to buy Bitcoin.  They have done an excellent job at making the entire experience straight forward.  So even if you’re brand new to Bitcoin, you’ll have no trouble buying.  Coinbase also offers a good cloud wallet for storing small amounts of Bitcoin, that is considered to be quite secure.

In Australia, Coinbase only lets you buy Bitcoin with a credit card.  This has some upsides and downsides.  On the positive side, it means you can buy Bitcoin instantly.  It’s no harder than online shopping.  The downside is they do limit the amount you can buy each week and there are also some fees you need to be aware of…

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How to Buy Bitcoin in 2019

Bitcoin has been rapidly gaining value over the past few months.  While I don’t believe you should go all in and invest your life savings in Bitcoin, I do think it’s worthwhile to hold a small position.  I (like everyone else) has no idea what the price of Bitcoin is going to do.  It could go to $100k or back to $1k.  So remember to only invest what you can afford to lose.

If you’re new to cryptocurrency, the good news is that you can start investing with as little as $10 and build your portfolio over time.

Buying Bitcoin is pretty easy in Australia.  Here are my top options for investing:

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