What is Bitcoin?
Bitcoin is a decentralised peer-to-peer payment network and completely digital money.
It uses peer-to-peer technology, so transactions and the issuing of bitcoins are managed collectively by the network rather than by a central authority or bank.
Behind the scenes, the Bitcoin network shares a public ledger called the blockchain. This ledger holds every transaction ever processed, helping users verify transactions without relying on a single central operator.
How to buy Bitcoin in Australia
In the Crypto.com App, you can buy Bitcoin in a few simple steps:
- Create an account and complete identity verification.
- Add funds to your account.
- Tap 'Buy', select Bitcoin (BTC), enter the Australian Dollar (AUD) amount and confirm your purchase.
Trading is subject to account verification and eligibility.
Ways to pay when buying Bitcoin in Australia
For Australian users, AUD is the primary fiat currency accepted on the platform.
You can add funds via PayID, which is free on Crypto.com, or by debit or credit card (Visa or Mastercard), Apple Pay or Google Pay, or by transferring crypto to your wallet. What's available can depend on your account and payment method, so check the payment details before you confirm.
Can you buy less than one Bitcoin?
Yes. Bitcoin is divisible to eight decimal places into smaller units called satoshis, so you don't need to buy a whole Bitcoin.
In the Crypto.com App, Australian users can buy fractional amounts of Bitcoin from as little as AUD 20.




