Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy TrueUSD. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx

TrueUSD

Australia has a decent amount of trusted and regulated crypto trading platforms, so it’s quite easy finding an exchange that has TrueUSD. 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 TrueUSD in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy TrueUSD

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 TrueUSD 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 TrueUSD, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer TrueUSD.

It’s also possible to take a look at our analysis of the best bitcoin brokers for those looking to learn more about which exchanges we would recommend.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

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 TrueUSD, 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.

Swyftx Deposit Methods

4. Buy TrueUSD

The final step is to go to their asset list, find TrueUSD, navigate to the buy section, and then trade your AUD for some TUSD. Once you’ve bought TrueUSD, 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 TrueUSD (TUSD)

ExchangeRatingCryptocurrenciesSite
Swyftx logo5/5300+ cryptocurrenciesVisit Swyftx
CoinSpot logo4/5200+ cryptocurrenciesVisit Coinspot
binance logo3/5400+ cryptocurrenciesVisit 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 TrueUSD

If you’re thinking about selling TrueUSD, just follow the steps below.

  1. Sign in to the crypto trading platform (like Swyftx).
  2. Click on TrueUSD in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell TrueUSD for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying TrueUSD 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 TrueUSD 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 TrueUSD. Have a look on their site first, you might be lucky.

How to buy TrueUSD 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 TrueUSD with your credit/debit card.

About TrueUSD

Trust Wallet Token (or simply TWT) can be used to obtain a range of benefits and incentives. Trust Wallet, a mobile cryptocurrency wallet, supports dozens of native assets and popular tokens on both the Ethereum or Binance blockchains.

Trust Wallet offers a variety of benefits to holders of TWT tokens. These benefits include discounts on cryptocurrency in-app purchases and the use of decentralized exchange (DEX). TWT token holders are eligible to vote on Trust Wallet updates and participate in Trust Wallet’s governance. This allows Trust Wallet to develop.

Trust Wallet Token was originally a BEP-2 asset on Binance Chain. It was then relaunched in October 2020 on Binance Smart Chain, as a BEP-20 token.

Trust Wallet Token, or Trust Wallet Token, is a utility token that adds value to Trust Wallet users. It has no utility outside of the Trust Wallet ecosystem.

Trust Wallet Tokens can be used to purchase BEP-20 assets. These tokens can be transferred to any Binance Smart Chain account, where they can be used to pay for or exchange for assets. You can also use it to make DEX trades at a discount or for in-app purchases. TWT is a speculative asset with its own value.

TWT was also launched as the first token on Binance Smart Chain (BSC), a high performance blockchain designed for smart contracts and decentralized apps (DApps). This allows TWT to be transferred for very low fees with almost instant transaction confirmation.

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