Key takeaways
Bitcoin is legal in Australia and is regulated by AUSTRAC and the Australian Taxation Office (ATO).
You can buy Bitcoin on various platforms, including centralized exchanges, decentralized exchanges (DEXs), P2P platforms and Bitcoin ATMs
Payment options are diverse, including credit cards, debit cards, bank transfers and fiat cash deposits at ATMs
Store your Bitcoin securely and opt for cold wallets, which protect you better than custodial wallets from crypto exchanges.
Bitcoin adoption continues to grow. More and more Australians are discovering the cryptocurrency as an investment vehicle, with ownership rising from 23% in 2023 to 32.5% in 2025, an impressive 41.3% increase. Because there are several platforms to choose from, buying Bitcoin is low-threshold and secure.
This article covers several methods and describes the steps to safely start investing in Bitcoin.
Is Bitcoin legal in Australia?
Yes, Bitcoin is legal in Australia, but it’s not considered a legal tender. The local