“If you like gold, there are many
reasons you should like bitcoin.”
Coinstash in the media
5 Min Read
Like all investment opportunities such as property, stocks, bonds and mutual funds, Bitcoin is subject to fluctuations in value. These fluctuations are the reason all investments come with a degree of risk, but how much of a risk depends on how well you learn to read the market and buy, trade and sell your investments. Bitcoin fluctuations are known to be more volatile than other forms of investments, but with this higher volatility comes the possibility of much bigger gains for the savvy investor. While current conditions for Bitcoin are extremely favourable, we promote responsible investing and always recommend that you only invest what you can afford to lose. When bought, traded and sold on trustworthy platforms, Bitcoin can be a winning investment with the potential to yield enormous rewards – but these platforms are what will make or break your investment.
There are numerous companies on the internet offering platforms for Bitcoin buying, trading and selling. It is very easy to get pulled in by clever marketing, fake celebrity endorsements and big promises, only to find out too late that you have given your money to a scam site – in fact, $9 million is lost each day by people signing up to scam exchanges[ii]. These companies use overseas call centre staff to pressure customers into investing more and more money then cut off access to their accounts. Some scam companies sell fake Bitcoins. Many unreliable platforms have little to no security for your digital wallet, leaving it vulnerable to hackers stealing your Bitcoin.
To invest safely in Bitcoin you need a trustworthy, Australian based platform run by people you can easily contact who have your best interests at heart – and this what Coinstash provides. Coinstash is a registered exchange that participated in Austrade’s Landing Pad Program. With Coinstash you can be confident that you are using a legitimate exchange where your money is safe.
To buy Bitcoin in Australia, simply sign up to Coinstash and verify your identity using an Australian drivers licence, birth certificate, international passport or Australian Medicare card. Once verified you can set up PayID or BPay, deposit money and use it to buy Bitcoin (BTC). We have a dedicated customer service team available from 9am – 11pm, 7 days a week to help you with any questions.
Your Bitcoin will be stored in an online wallet where you can deposit, check your balance and trade from. You can access this wallet at any time, and can convert your Bitcoin to AUD and withdraw it any time you want. You can rest assured that Coinstash has the highest level of security for our online wallets. Your money will be safe with us. You don’t need huge amounts of money to get started – you can start purchasing Bitcoins for as little as AU$1.
This is because Bitcoins can be divided down into sub-units called Satoshis. There are 100,000,000 Satoshis in one Bitcoin(iii). Coinstash offers the lowest entry cost for buying and selling cryptocurrencies in Australia. We also offer the lowest Bitcoin trading fees so that your trades will be more profitable. Even a little can go a long way once you get started – the key thing is to get started!
When buying some Bitcoin you may be thinking how to buy Bitcoin in Australia? Coinstash makes buying Bitcoin safe and easy. We are an Australian business with real offices and a dedicated support team based in Brisbane. We want your investments to be successful and have a vested interest in protecting you and your money. We have proudly become the most trusted and reliable platform for buying and selling Bitcoin and other major cryptocurrencies such as Ethereum (ETH) and Ripple (XRP).
You can trust Coinstash to buy Bitcoin in Australia. We have a 5 star rating on Trustpilot.com and a support team you can contact directly from 9am to 11pm every day. We have helped thousands of people get started investing in Bitcoin and have supported them in growing their portfolios and conducting their businesses.
“…the most user friendly, continually updated and responsive coin trading platform that I could find.” Alex, Trustpilot.com
“Quick, fast and easy to use. I couldn’t really ask for much more. Super simple and effective crypto trading platform.” Fletcher Parry, Trustpilot.com
“Coinstash is the Best! I have used many platforms in Australia and nobody provides the level of customer service that Coinstash does. I always get an instant response from these guys, even if I am trying to trade late into the night. They are hands down the best operators in Australia, with a solid product that will go very far. Cannot recommend them enough.” Louis, Trustpilot.com
Coinstash.com.au is hands down the best cryptocurrency exchange I’ve had the pleasure of dealing with in my experience over the past 6 years of trading bitcoins. Customer service is second to none! Fantastic deposit and withdrawal options. Best of all Australian made.” Andy Thow, Trustpilot.com
The value of Bitcoin is still rising, so the best time to buy Bitcoin (BTC) is now. Long range predictions have estimated that by the end of 2021 a single bitcoin will be valued at over US$150,000(iv). By the end of February 2021 it is predicted Bitcoin value will have risen by over 90%(v). Recently it was revealed that Elon Musk’s company, Tesla, has invested US$1.5 billion in Bitcoin. This news caused the price of Bitcoin to rise an incredible $US8000 in just 12 hours(vi).
Bitcoin value is rising fast. The longer you wait, the less Bitcoin value you will be able to purchase for your money. It only takes a few minutes to sign up and begin buying Bitcoin in Australia, so why wait any longer? Sign up to Coinstash today.
About the author
Ting is a finance professional and an accomplished investor. Ting is well-conversed in financial markets, as well as having a background in taxation and law. Having previously worked for a top-tier accounting firm and an US-listed fintech company, Ting decided to pursue his passion in cryptocurrency in 2017 by joining forces with high school friend Mena.
Why are cryptocurrencies that mimic the dollar important innovations and how you could use them for your benefit? At Coinstash, we’ve identified three benefits of stablecoins you could use to your advantage.
5 Min Read
Did you know you don’t need to buy a ‘whole’ Bitcoin-like one pictured above? Note to our readers: as Star Wars fans and with the 9th installment of the franchise due to release as at the time of writing, we feel that it is obligatory to list them out in terms of Light vs Dark Side.
5 Min Read
When Bitcoin launched, the price of a single Bitcoin was less than a dollar. By late 2017, the Bitcoin price AUD reached a staggering A$28,000! Since then, the price has continued to fluctuate, making it an exciting investment opportunity for experienced investors and novices alike.
5 Min Read
Ripple (XRP) is both a platform and also a cryptocurrency, XRP, developed by Ripple Labs. XRP is a token which facilitates the transfer of value across the Ripple Network. As of 2020, XRP Ripple is the fourth most valuable cryptocurrency. Although consumers can buy XRP, Ripple Labs created XRP for financial institutions to facilitate fast and frictionless cross-border transfers.
5 Min Read
Coinstash is a registered digital currency exchange based in Australia. Our customers praise Coinstash as one of the most user-friendly, educational, and supportive platforms. Through its live support 7 days a week, Coinstash has accumulated numerous positive reviews from its customers. Coinstash is also one of the only digital currency trading platforms that have participated in the Australian government Austrade’s landing pad program. Find more about BTC Price AUD (Australia) by visiting our BTC trading platform. Note: nothing in this article should constitute general or specific financial advice. Coinstash does not take into account your circumstances when publishing articles. Any content on Coinstash.com.au or related domains are informational only.