How to invest in Cryptocurrency in Australia on Elbaite
Step 1. Get a Crypto wallet!
A crypto wallet is where you store your purchased cryptocurrency. Getting a crypto wallet is easy, you can get a free online wallet or use a crypto hardware wallet.
Ensure your wallet is suitable for your desired coin. If you want to buy Bitcoin, get a Bitcoin wallet.
Elbaite does not hold your cryptocurrency in a centralised wallet. Elbaite believes in empowering its users to trade freely and have complete control. Your crypto is only yours if it is in your wallet, remember “not your keys, not your crypto!”
Step 2. Find an offer from a verified seller
Once you have successfully created and verified your Elbaite account, you can find other Elbaite users selling crypto in Australia. Simply click on 'Marketplace' located on the top panel of the Dashboard to gain access.
Browse and select the crypto you would like to buy. Once selected, you will see all the offers for your selected crypto. Browse and trade on any offer.
Step 3. Buy Crypto
Pay the agreed amount in AUD. You can pay using OSKO/PayID or your mobile banking app.
Simply transfer the AUD to our Elbaite escrow bank account where it is kept safe until you receive your new cryptocurrencies in your wallet.
Once we have verified the crypto transfer, the AUD is released from our Elbaite escrow bank account into the seller's account.
