Quick summary: Even though ANZ doesn’t offer cryptocurrency trading (yet), buying cryptocurrency using your ANZ account is very easy.

We recommend using eToro to buy crypto, they’ve been around for a long time, they’re trusted and have over 50 cryptocurrencies to choose from.

Buy Crypto with eToro

ANZ Bank

To explain further, the reason ANZ (and most other banks in Australia) doesn’t offer crypto or bitcoin through its own cryptocurrency exchange, is partially because of the extra regulations and requirements that come with setting up a cryptocurrency exchange.

Once banks see the potential upside of offering digital assets like cryptocurrencies, we might see them starting to offer those services.

For now, though, we’ll have to do it using third-party cryptocurrency exchanges. Luckily for us, Australia has a good amount of trusted and AUSTRAC regulated trading platforms we can use.

How to buy crypto or bitcoin with ANZ

  1. Choose a crypto trading platform
  2. Sign up with the cryptocurrency exchange
  3. Fund your account with AUD, or another cryptocurrency
  4. Buy cryptocurrency

1. Choose a crypto trading platform

There are a few good options to choose from when it comes to cryptocurrency exchanges for Australian traders.

As mentioned before, for this guide we’ll be using eToro as they have most of the popular cryptocurrencies available, have competitive fees, and offer something called social investing or copy trading, which is quite unique in the space.

This feature enables traders to copy or match the moves of other popular traders on the platforms, it’s pretty impressive.

2. Sign up with the crypto exchange

Let’s start with just signing up with eToro.

Sign up with eToro

The sign-up process is very quick, as is the verification that needs to be completed afterwards so you can get started.

3. Funding your eToro account

Next is funding your account. You have several options when it comes to depositing AUD into your eToro Account. These include a bank transfer, credit card, debit card, PayPal, and more.

Calculate how much you’d need depending on which crypto and how much you’re buying, choose a deposit method, and transfer the funds.

4. Buy cryptocurrency

Once the funds have landed in your account, it’s as simple as going to their Markets section, searching for the crypto you’re looking for, and buying it.

Congratulations, now you know how to buy bitcoin or crypto with ANZ.

Get Started with eToro

Frequently Asked Questions

Can I buy crypto with my debit card?

Yes, most cryptocurrency trading platforms in Australia allow you to buy cryptocurrency with your debit card.

Where can I buy crypto in Australia?

There are multiple Australian cryptocurrency trading platforms where you can buy crypto. While this guide uses eToro, other popular exchanges include Swyftx, Coinspot, and Binance.

How can I buy Bitcoin in Australia?

You can buy Bitcoin using a cryptocurrency trading platform like eToro, Swyftx, Binance, or Coinspot. We also have this guide on how to buy Bitcoin in Australia.

More info about ANZ

Australia and New Zealand Banking Group Limited (ANZ), a multinational Australian banking and financial services firm, is headquartered in Melbourne. It is Australia's 2nd-largest bank in assets and 3rd largest bank by market capitalisation.

ANZ is one the four major Australian banks. It also includes the Commonwealth Bank, National Australia Bank and Westpac. The current entity was created when the Australia and New Zealand Bank (ANZ) merged with the English Scottish & Australian Banks (ES&A) on October 1, 1970.

This was the largest merger of banks in Australian history. The ANZ Bank was founded in 1951 by the Bank of Australasia merging with the Union Bank of Australia. These banks were established in 1835-1837, respectively.

ANZ's Australian operations account for the majority of its business. Retail and commercial banking dominate. ANZ is the largest bank in New Zealand. In 2003, the legal entity was known as ANZ National Bank Limited. It changed to ANZ Bank New Zealand Limited on 2012. It operated two brands in New Zealand from 2003 to 2012. In 2012, the National Bank brand was discontinued. Many branches closed and others converted to ANZ branches.

ANZ employs 51,000 people and has nine million customers around the world through its subsidiaries. The bank has over 570 branches in Australia and serves approximately six million customers.

One of the most important divisions within ANZ is personal banking. It offers financial services to the public, including lending and banking. ANZ has over 570 branches across Australia and serves approximately six million customers.

ANZ has operations in Australia and New Zealand as well as 34 other countries.

ANZ was the first Australian bank to offer Apple Pay to customers.

ANZ is Australia's largest institution bank. It offers financial services to corporate and institutional customers throughout Australia and Asia-Pacific. ANZ currently has approximately 7,000 corporate and institutional customers with a total loan of A$165 million.

ANZ is committed towards sustainable finance for institutional clients transitioning to a low carbon economy. ANZ had completed approximately A$22 billion in sustainable finance transactions as of 2021. In June 2021, ANZ closed Australia's first sustainability-linked bond (SLB) in the domestic debt market. In August 2021, ANZ launched sustainability-linked derivatives (SLD) in Australia, Hong Kong, Singapore and Japan.

ANZ is a leading Australian bank in the Asia-Pacific region. It has been aggressive in expanding into emerging markets like China, Vietnam, and Indonesia. ANZ is also a major bank in New Zealand and several Pacific Island Nations, where it competes with Westpac in many markets. From 2003 to 2012, ANZ's New Zealand arm was managed by a subsidiary company called ANZ National Bank. This company changed to ANZ Bank New Zealand after merging the National Bank and ANZ brands.

ANZ bought RBS's retail outlets in Taiwan, Singapore and Indonesia in August 2009. RBS also purchased RBS’si banks in Vietnam, the Philippines, and Taiwan. It was bought for A$687 millions.

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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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