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Is it possible to use Australian dollars for trading on cryptocurrency exchanges?

avatarP keiDec 16, 2021 · 3 years ago3 answers

Can I trade using Australian dollars on cryptocurrency exchanges? Are there any exchanges that support AUD? How can I convert AUD to cryptocurrency?

Is it possible to use Australian dollars for trading on cryptocurrency exchanges?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to trade using Australian dollars on some cryptocurrency exchanges. However, not all exchanges support AUD. You will need to find an exchange that specifically offers trading pairs with AUD. Once you have found such an exchange, you can deposit your AUD and start trading cryptocurrencies. Keep in mind that the availability of AUD trading pairs may be limited compared to more popular currencies like USD or EUR.
  • avatarDec 16, 2021 · 3 years ago
    Sure, mate! You can definitely use Aussie dollars for trading on certain cryptocurrency exchanges. Just make sure to find an exchange that supports AUD. Once you've found one, you can deposit your AUD and start buying and selling cryptocurrencies. It's important to note that not all exchanges offer AUD trading pairs, so you might have to do some research to find the right platform for your needs. Happy trading, mate!
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! BYDFi, a popular cryptocurrency exchange, supports trading with Australian dollars. You can easily convert your AUD to cryptocurrency and start trading on their platform. BYDFi offers a wide range of trading pairs, including AUD, BTC, ETH, and many more. Simply sign up for an account, deposit your AUD, and you're good to go. Happy trading on BYDFi!