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Best Ways to Sell Bitcoin in Australia

If you are looking for the best ways to Sell bitcoin Australia, you have come to the right place. You can now use the services of an established company that will make the process of selling your coins easier and more convenient.

Swyftx

Swyftx is the first Australian-owned crypto exchange. It offers high-liquidity, a wide range of coins, and low fees. The platform is designed to make it easy for intermediate investors to buy and sell crypto.

Before you can trade at Swyftx, you need to open an account. To do so, you will have to provide personal information. This is important for compliance with anti-money laundering regulations. You will also need to provide an email address and a phone number.

After registering, you can buy and sell a variety of cryptocurrencies. Swyftx has more than 320 cryptocurrencies listed. They also offer a demo account. With a demo account, you can practice trading without risking your own money.

Easy Crypto Australia

Easy Crypto is a crypto exchange based in Australia that provides a range of payment methods and has an impressive user interface. The platform also provides helpful educational resources to assist with crypto trading.

Easy Crypto is a regulated and legitimate exchange. It offers users a wide variety of coins to choose from, including Bitcoin, Litecoin, Ethereum and ADA.

Easy Crypto is a good choice for Australians looking for a trustworthy exchange. Although it doesn’t offer 24-hour customer service, it is supported by Australian staff. There are no withdrawal or deposit fees, but the transaction fee may be a little higher than average.

The platform provides a comprehensive FAQ page. You can get help via email or a ticket submission. This is a great feature for beginners.

Digital Surge

Selling and buying bitcoins Australia is now easier than ever thanks to Digital Surge. This crypto exchange offers hundreds of different digital assets, low fees, and competitive spreads. Its user-friendly platform allows beginner investors to get into crypto investing in a stress-free way.

In addition to its mobile and desktop apps, Digital Surge also provides a personalised customer service. Their team of crypto experts are knowledgeable and available 24 hours a day, seven days a week.

To get started, customers must set up an account using a valid email address and phone number. They must also create a username, password, and an ACN (Australian Company Number). Then, they must provide documents such as an official ID, an ABN, and an SMSF (Self Managed Super Fund) trust deed.

Binance

If you want to trade in cryptocurrencies, Binance is the best place for you. This exchange has a large list of cryptocurrencies and low fees. However, you need to register your account and verify your identity.

You can buy or sell cryptocurrencies with Australian dollars through Binance. The exchange accepts hundreds of different currencies, and you can set stop-limits and limit orders.

Binance Australia is a digital currency exchange that offers more than 600 cryptocurrencies and is registered with AUSTRAC. Users can register an existing account or create a new one. It is recommended that users do not invest more than they can afford to lose.

Short-selling facilities

In the realm of short-selling facilities for bitcoin Australia is not the bets place. To wit, the company offers not only the XRP, but also a full suite of crypto assets including a proprietary cryptocurrency. Whether you’re an amateur or a seasoned pro, the company has got you covered. With offices in Melbourne and Canberra, the company is one of the largest providers of services for Australians with crypto needs. Not to mention, it has an impressive client list that includes the likes of Australia’s most prominent aficionados.

One of the more challenging aspects of short-selling is the fact that there’s actually an amount of risk that goes with it. That’s why it’s best to have an arsenal of strategies for dealing with the inevitable spikes and drops.

Taxation

Buying and selling of cryptocurrencies in Australia attracts capital gains tax. Most individuals who earn income from trading in crypto will pay this tax on their earnings. However, some individuals may be eligible to exempt this tax.

The Australian Taxation Office (ATO) has been tracking crypto traders to ensure they are meeting their tax obligations. They have issued warning letters to thousands of crypto investors.

When you buy or sell a crypto, you must keep detailed records. These records can be a useful way to identify taxable transactions and determine the cost base of an asset when you dispose of it. If you don’t keep good records, you can be fined.

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