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Binance Blog

How to start trading on Binance Australia - stat! Here's a quick guide to getting started.

2021-02-09

The Bitcoin bull run is underway! For those who are looking to start your crypto journey, here’s a quick guide to start buying and selling Bitcoin, Ethereum and other cryptocurrencies with Australian dollars (AUD) on Binance Australia. 

Register for a Binance Account 

  1. Register and verify your Australian account.

  2. Make sure to have your Australia government ID ready (you will need to upload the front and back of the document as well as a selfie).

  3. Keep an eye out for an email to let you know that you have been successfully verified.

Full guide on how to verify your account on Binance.

AUD Deposits are Easy as (and zero-fee!) 

  1. Head over to the deposit page, select 'AUD' and enter the amount you wish to deposit into your Binance account.

  2. Copy and paste your unique PayID email into your mobile bank app or internet banking, fill out the details and confirm the transfer!

  3. Once your PayID transfer has been made, your deposit will be reflected in your wallet on your account (note: the first time can take up to 24 hours to process).

Check out the full guide to depositing AUD with PayID/Osko at zero-fee!

Make your purchase 

  1. To make your first Bitcoin purchase, select 'Markets' and enter in the search box “BTCAUD”. Click on the BTC/AUD option.

  2. By default the order type is set to limit but if you want to place an order as soon as possible, you can switch to [Market] Order and enter the amount of Bitcoin you would like to buy or sell.

  3. Once the buy or sell order is complete your purchase will be reflected in your wallet.

  4. To purchase other coins with AUD, search for other AUD pairs like BNB/AUD, DOGE/AUD, AUD/USDT and more!

Check out the full guide on how to trade with AUD on Binance!

If you’re still in need of assistance, reach out to us by submitting a support request.

Keep up to date with the latest promotions and events on Binance Australia!

Join the Australian Binance community on Telegram here.

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