Bitcoin is the original cryptocurrency that launched in 2009. It has become the most valuable cryptocurrency globally, with a current market cap value of over $1 trillion. It was created to be a form of digital cash and serve as an alternative to the traditional financial system.
Bitcoin (BTC) is an open-source, decentralised digital currency designed to operate without the control of financial institutions or governments. Created in January 2009 by the anonymous Satoshi Nakamoto, it enables peer-to-peer payments that can be sent directly from one party to another without intermediaries. As a decentralised currency, Bitcoin operates on a blockchain—a public ledger that records all transactions, making it both safe and secure. The total supply of Bitcoin is capped at 21 million coins, with each Bitcoin divisible into 100 million satoshis, allowing users to buy as little as 0.00000001 BTC.
Bitcoin operates on a decentralised network called the Bitcoin blockchain, where miners validate transactions by solving complex puzzles through a process called Bitcoin mining. Once verified, these transactions are added to the public ledger. Bitcoin miners are rewarded with new Bitcoin for their work, and so far, around 19 million Bitcoin have already been mined since the network's launch in 2009.
Bitcoin has a wide range of use cases, including:
Bitcoin was created in 2009, marking the beginning of the cryptocurrency era. The first Bitcoin was mined in January 2009, and since then, the Bitcoin network has grown exponentially. Early adopters helped drive the adoption of Bitcoin, and today, it is widely used for peer-to-peer payments and as a store of value. With its fixed supply and increasing demand, Bitcoin has remained a central figure in the world of cryptocurrencies. The price of Bitcoin fluctuates based on supply and demand and has seen significant increases over the years. In Australia, Bitcoin has become easy to buy using platforms that support instant delivery, allowing users to buy Bitcoin instantly.
Bitcoin's growing popularity has led to the creation of other cryptocurrencies like Bitcoin Cash and increased interest in blockchain technology as a whole.
To buy Bitcoin, simply open a free account with Coinstash. Once you have created your account and completed your ID verification, you will be able to deposit AUD into your account and buy Bitcoin with our instant buy functionality.
The Bitcoin price is $142881.74 AUD, representing a +1.14% from the day prior.
The best place to buy Bitcoin (BTC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Bitcoin (BTC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of Bitcoin (BTC) is $78.0B AUD in the last 24hrs, representing a +1.14% from the day prior.
Bitcoin (BTC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Bitcoin (BTC) is $2.8T AUD.
Yes - With Coinstash you can convert your Bitcoin (BTC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Bitcoin (BTC) is 19.8M.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Bitcoin (BTC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.