Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Bitcoin Gold. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a decent amount of popular and regulated crypto exchanges, so it’s quite easy finding an exchange that has Bitcoin Gold. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Bitcoin Gold in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Bitcoin Gold in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Bitcoin Gold, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Bitcoin Gold.
If you’d like to know more about the exchanges we like, check our comparison of the trusted crypto exchanges.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.
Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.
Once done, it’s time for the next step.
3. Funding your account with AUD
To buy Bitcoin Gold, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.
4. Buy Bitcoin Gold
The final step is to go to their asset list, find Bitcoin Gold, navigate to the buy section, and then trade your AUD for some BTG. Once you’ve bought Bitcoin Gold, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.
Where to Buy Bitcoin Gold (BTG)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit Binance|
Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.
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How to Sell Bitcoin Gold
If you’re thinking about selling Bitcoin Gold, just follow the steps below.
- Sign in to the cryptocurrency exchange (like Swyftx).
- Click on Bitcoin Gold in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell Bitcoin Gold for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Bitcoin Gold in Australia legal?
Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.
How to buy Bitcoin Gold with PayPal?
Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Bitcoin Gold. Have a look on their site first, you might be lucky.
How to buy Bitcoin Gold with a credit card or debit card?
Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Bitcoin Gold with your credit/debit card.
About Bitcoin Gold
Bitcoin Gold was launched in 2017 to provide a user-friendly Bitcoin alternative. BTG Network is a network that aims to combine the security and stability offered by Bitcoin blockchain with its unique characteristics. It also offers the opportunity for experimentation and development.
BTG is a company that uses blockchain technology to expand and enhance the crypto space. It uses a blockchain which is compatible with Bitcoin but doesn't use Bitcoin hash power. The company's goal was to create a cryptocurrency that is as easy to implement as Bitcoin, but also expands the options for DeFi and DApp developers.
Bitcoin Gold is a unique combination of the intrinsic characteristics of Bitcoin blockchain and an innovative approach to blockchain development. BTG is a hardfork of the original Bitcoin token. It introduces a new proof-of-work algorithm to address the scaling problems Bitcoin faces.
Bitcoin Gold, an open source protocol that allows developers to freely contribute to the development and governance the blockchain, is called Bitcoin Gold. This is a crucial requirement for pushing decentralization and one of the key points Bitcoin struggles with.
Bitcoin Gold was the first hardfork of the original cryptocurrency. This has attracted the attention and investment capital of both institutional and enterprise investors. BTG can be bought on many exchanges, as well as in wallets and swap services. Bitcoin Gold has been adopted by many online service providers and browsers.