Bitcoin is up more than 100% since October 2020

[2/2/2021] Bitcoin has continued to climb over the last week, adding to a more-than-50% gain through December 2020.

The bitcoin price has brushed US$30,000 per bitcoin during the last 24 hours, hitting $29,300 per bitcoin on the Luxembourg-based Bitstamp exchange, up four-fold from the beginning of 2020 and on track for its biggest monthly gain since May 2019.

Looking to buy or sell crypto currency safely and securely from a reliable Australian exchange?… read on.

Buying and selling cryptocurrency in Australia

Coinspot is one of Australia’s leading  cryptocurrency Exchanges and is perfectly suited for new to intermediate cryptocurrency buy sell trades or exchange.

CoinSpot was founded by Russell Wilson in 2013 as one of Australia’s earliest cryptocurrency exchanges and currently headquartered in Melbourne. They currently offer the most complete list of cryptocurrencies in Australia, and it now has hundreds of different coins available.


  • A local cryptocurrency exchange headquartered in Australia
  • Allows users to buy directly in AUD
  • Low and no fee deposits and withdrawals
  • User-friendly interface
  • Wide selection of cryptocurrencies
  • Compliant with AML/CTF laws
  • Withdrawals can be made directly to your nominated bank account


  • Lacks advanced trading features
  • Rates may vary, so it’s important to check before you trade to see how much you’re paying

Coinspot is designed to be easy to use, accessible and user-friendly for both beginners and experienced cryptocurrency enthusiasts.

You will need to open an account and deposit funds into the account before you can trade. Deposits can be made via:

  • BPAY
  • Cash
  • POLi (Normally takes seconds to complete via any of the leading banks)
  • PayID
  • Bank transfer (Direct Deposit)

Withdrawals can be made directly into your nominated bank account.



* Discloser: is affiliated with Coinspot.

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