up vote 6 down vote favorite
share [g+] share [fb]

Please! I just want to get them! How hard does it have to be? I've spent some 5 hours today trying to figure it out. I am in Australia.

link|improve this question
Why the close vote? – Lohoris Feb 20 at 9:32
feedback

4 Answers

up vote 2 down vote

This question answers the more general question "How do you obtain Bitcoins?" Most commonly, people use a Bitcoin exchange to exchange local currency for Bitcoins.

There are 3 Bitcoin exchanges that I know of that accept Australian dollars and will let you buy Bitcoins with them:

  • World Bitcoin Exchange is the one I use. But it's also the one I maintain the software for. It only deals in Australian Dollars, and is owned by an Australian. It is currently not operating, due to its bank accounts being frozen.
  • Crypto X Change is the newest entrant to the Australian market. They're offering "0% Trade Fees Until 22nd February 2012". I don't know what the rate goes up to after that, but I don't think their commission is capped at all. They deal in many different currencies, not just Australian Dollars. The site always seems very slow to me.
  • MtGox is the biggest Bitcoin exchange. At this time, MtGox's fee starts at 0.6% and decreases with your trade volume over the past month. The prices they quote include some percentage to cover the cost of changing Australian Dollars into US Dollars. But since they're the biggest they usually offer a tighter spread. You may find that they offer the best price even after taking commission and currency exchange into account.

Here is a list of exchanges split by currency and whether they're currently active or not.

If you use World Bitcoin Exchange, you are able to deposit by bank deposit (EFT), or you can visit any Commonwealth Bank Australia to deposit funds over the counter. To comply with the law you will need to provide proof of identity (typically drivers license and utility bill) before being able to withdraw from the exchange.

link|improve this answer
At this time, MtGox's fee starts at 0.6% and decreases with your trade volume over the past month. – Meni Rosenfeld Feb 20 at 9:09
@MeniRosenfeld Thanks. Updated my answer. – Chris Moore Feb 20 at 9:32
feedback
up vote 0 down vote

Crypto X Change is based out of Australia.

Bit Piggy is AUD as well.

link|improve this answer
BitPiggy appears to be here: bitpiggy.heroku.com – Highly Irregular Feb 20 at 20:40
feedback
up vote 0 down vote

http://au.spendbitcoins.com allows you to buy bitcoins by depositing cash at NAB. You receive bitcoins the same day.

link|improve this answer
feedback
up vote 0 down vote

https://www.spendbitcoins.com/buy/ - You can deposit at any NAB, Commonwealth Bank, Westpac or ANZ bank across australia

link|improve this answer
This is identical to another answer from March 7th (by someone with the last name as you). :) – D.H.♦ Mar 18 at 7:51
feedback

Your Answer

 
or
required, but never shown
discard

Not the answer you're looking for? Browse other questions tagged or ask your own question.