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A quick note on how to safely buy bitcoin to gain 15% discount on your order purchases.

Why CoinSpot?

  • Australian-based exchange
  • Beginner-friendly interface
  • Supports AUD deposits
  • Fast verification for most users
  • Supports PayID and bank transfers
  • Large cryptocurrency selection (coinspot.zendesk.com)

How to Buy Bitcoin on CoinSpot

Step 1: Create an Account

Visit CoinSpot and register using:

  • Your email address
  • A secure password

Step 2: Verify Your Identity

Upload:

  • Australian Driver Licence
  • Passport
  • Or other accepted identification documents

Verification is required before trading. (coinspot.zendesk.com)

Step 3: Deposit Australian Dollars (AUD)

Once verified:

  • Log in to your account
  • Select Deposit Funds
  • Choose:
    • PayID
    • Bank Transfer
    • Other available deposit methods

Step 4: Buy Bitcoin

  • Search for Bitcoin (BTC)
  • Select Buy
  • Enter the amount you wish to purchase
  • Review the transaction details
  • Confirm your purchase

Your Bitcoin will appear in your wallet once the transaction is completed. (CoinJar)


Alternative Platform: CoinJar

CoinJar is another well-established Australian exchange.

How to Buy Bitcoin on CoinJar

Step 1: Register

Create an account using:

  • Email address
  • Secure password

Step 2: Complete Verification

Provide:

  • Government-issued ID
  • Selfie verification (if requested)

This is a legal requirement for legitimate exchanges. (CoinJar)

Step 3: Fund Your Account

Deposit AUD using:

  • PayID
  • Bank Transfer
  • Supported payment methods

Step 4: Purchase Bitcoin

  • Navigate to Bitcoin (BTC)
  • Enter your desired amount
  • Review and confirm your order

How to Find Bitcoin ATM Locations in Australia

The easiest way is to use:

CoinATMRadar

CoinATMRadar Bitcoin ATM Locator

CoinATMRadar provides:

  • ATM locations
  • Opening hours
  • Supported cryptocurrencies
  • Buy/sell availability
  • Directions to the ATM (App Store)

Another major Australian ATM network is:

BitRocket Bitcoin ATMs Australia

BitRocket currently operates machines across multiple Australian states including Queensland, New South Wales, Victoria, Tasmania, and Western Australia. (bitrocket.co)


How to Buy Bitcoin Using a Bitcoin ATM

Step 1: Install a Bitcoin Wallet

Before visiting the ATM, install a wallet such as:

  • Muun Wallet
  • Trust Wallet
  • Exodus
  • BlueWallet

Your wallet will generate a QR code that the ATM will use to send Bitcoin to you. (bitrocket.co)

Step 2: Locate an ATM

Use:

  • CoinATMRadar
  • BitRocket’s ATM locator

to find a nearby machine. (App Store)

Step 3: Select “Buy Bitcoin”

At the ATM:

  • Choose Buy Bitcoin
  • Enter the amount you wish to purchase

Step 4: Verification

Depending on the operator and transaction size, the machine may request:

  • Mobile phone number
  • SMS verification code
  • Government-issued ID

Requirements vary by operator and transaction amount. (CoinMarketCap)

Step 5: Scan Your Wallet QR Code

The ATM will ask for your Bitcoin wallet address.

Simply:

  • Open your wallet
  • Display the QR code
  • Scan it at the ATM

Step 6: Insert Cash

Insert the amount of cash you want to convert into Bitcoin.

The ATM will display:

  • Exchange rate
  • Service fee
  • Amount of Bitcoin to be received

Step 7: Confirm the Transaction

Review the details and confirm.

The Bitcoin will be sent to your wallet after the transaction is processed. This may take a few minutes depending on network conditions. (CoinMarketCap)


Important Tips

  • Bitcoin ATMs typically charge higher fees than online exchanges. (Investopedia)
  • Always double-check your wallet address before confirming.
  • Use only reputable ATM operators.

Using a regulated exchange such as CoinSpot or CoinJar is usually cheaper and easier than purchasing through a Bitcoin ATM. (CoinJar)