How Westpac customers can Buy Cryptocurrency Online

The Simplest Way to Buy Cryptocurrency Online if you are a Westpac bank customer. 

Easily Buy Bitcoin and Crypto with All Popular Payment Methods

How to Buy Bitcoin with Westpac

With Westpac, its easy, safe and fast to buy Bitcoin and cryptocurrency in Australia with AUD. 

All customers with a Westpac Bank account have a number of different ways to buy Bitcoin and cryptocurrency directly through their Australian bank accounts. With crypto-assets becoming increasingly more popular over the past decade since their launch in 2011, a multitude of Aussie banks, including Westpac, have launched cryptocurrency investment support with local currency. 

If youre interested in the simplest way to buy cryptocurrency online in Australia, we have some helpful tips for you below. 

Using Westpac Bank and a cryptocurrency exchange like Swyftx you can easily purchase crypto through your bank in Australia. 

With Swyftx becoming one of the fastest-growing and most trusted crypto exchange in the country, youre in good hands when it comes to buying Bitcoin with low fees and expedited deposits. Whether using AUD or another currency, Westpac customers are able to purchase crypto through Swyftx with ease. 

What is Swyftx

Easily trade more than 260 cryptocurrencies with ease and low fees. 

The Swyftx platform is one of the countrys most trusted crypto exchanges. With low fees, real-time cryptocurrency pricing, TradingView Charts and 2FA Security, youre able to invest, trade and sell crypto with the most robust security on offer. 

Offering $0 withdrawal fees on fiat currency and 0.6 per cent trading fees, the Swyftx platform is one of the most affordable and low-cost out there. 


Low average spreads at 1.7 per cent
Support for PayID, Bank Transfer and Poli
More than 260 Crypto Assets



How to Buy Bitcoin and Crypto in Australia with a Westpac Bank Account

There are just four simple steps to get started to trade crypto and buy Bitcoin in Australia with a Swyftx account. 

Create Your Account 

Open the Swyftx website and set up a free Australian-based account and provide information such as your name, email address, phone number, set a password and agree to the services terms and conditions. 

Identity Verification 

Once you have an account set up, you will need to verify the service. This requires you to confirm your email, phone number and ID and youre all set. There is no longer a requirement for uploading documentation for approval. 

Make a Deposit

You can now deposit up to $50,000 to your account in AUD or BTC with a verified account. Supported deposit methods include Poli, PayID and bank transfer along with OSKO. 

Begin Trading

Once a deposit has cleared, you can now work to begin trading on Swyftx with your Westpac Bank Account. Make investments on more than 260 crypto assets and buy or withdraw right through the service. 

Its as easy as that with a Swyftx account, easily buy and sell cryptocurrency and Bitcoin online in Australia without the hefty fees of other crypto exchanges. 

Share This

About The Author

More Articles Like This

Learn more about the Bitcoin and cryptocurrency ecosystem with one of our expert guides.