How to Buy Bitcoin with PayID, POLi and BPay on Binance

Banxa LogoAustralian crypto investors rejoice – you can now buy Bitcoin using a number of Australian native payment methods of Binance.  This is going to make it cheaper and easier to buy Bitcoin through the binance platform for Australians.  Here is how it all works:

Binance Fiat Gateways

Binance uses a number of different third party payment gateways to process fiat payments.   Their approach is to support a lot of different gateways so that consumers have a choice.  And this also creates competition which will hopefully lower the prices overtime.

Banxa is the third party processor that Australians can use and it’s the one that supports PayID, POLi and BPay.  It has been built by Australian’s and the company is based in Australia. Here is how to buy Bitcoin on Binance using Banxa:

Read moreHow to Buy Bitcoin with PayID, POLi and BPay on Binance

You can now buy USDC on CoinSpot

USDC or USD Coin is a StableCoin that is pegged to the U.S dollar.  That means 1 USDC = 1 USD.  USDC is one of the most popular StableCoins (second to Tether) and is issued by Coinbase, one of the most trusted names in crypto.  Stablecoins allow you to easily move dollars from crypto wallets to exchanges and other platforms and services.

Previously, it wasn’t easy for Australians to buy USDC but you can now buy it through CoinSpot:

Read moreYou can now buy USDC on CoinSpot

My top tips for trading Cryptocurrency on eToro

eToro is now one of the most popular places to trade cryptocurrency.  They were one of the very first traditional trading platforms (stocks and forex) who jumped into the crypto space.  On eToro you can trade and invest in cryptos such as Bitcoin, Ethereum, Ripple, EOS and many more.

Here are my top tips for having success trading crypto on eToro:

Read moreMy top tips for trading Cryptocurrency on eToro