The cryptocurrency world has exploded, and it can be difficult to know where to start and what to do and considering the state of the internet, making a mistake can be extremely costly.
I bought my first Bitcoins a few years ago and unfortunately, i fell victim to 2 major exchanges being hacked and eventually becoming involvement and my coins, they are gone.
Never to be seen again.
That’s why we’ve decided to put together a guide, designed to help you find the Best Bitcoin exchange for Australians.
There are so many exchanges, what are the best Bitcoin exchanges for Australians?
Not all bitcoin exchanges are made equal and storing your money or coins on them can be extremely dangerous.
On one end of the spectrum are black market exchanges that live outside legal jurisdictions of any country and are here for a good time, not a long time.
An example of this was BTCE which was seized by the US Department of Justice in August 2017.
On the other end are legitimate exchanges that work hard with countries regulatory bodies to maintain security of assets and try to maintain a good customer experience.
Then there are many in between.
What are these Ethereum and Litecoins that I’ve heard about and how do I buy these?
Ethereum and Litecoin are crypto currencies that aim to solve problems in a different way to Bitcoin.
These are traded on exchanges in a similar way to bitcoin and in many cases, you need bitcoin to buy them.
In our review summary, we list which are the best bitcoin exchanges for Australians to Trade other Ethereum and other crypto currencies on.
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