Hi there! I’m new to the crypto world and feeling a bit lost. I’m from Australia and want to start investing in Bitcoin, but I’m not sure where to begin.
I’ve looked into Coinbase and CMC Invest, but I’m having trouble. CMC Invest won’t let me buy any Bitcoin, even small amounts. Coinbase wants ID verification, which makes me nervous.
Can anyone suggest good options for Aussie beginners? I’m just looking to invest and hopefully make some money. I’ve tried watching YouTube videos and searching online, but it’s all pretty confusing.
g’day mate! welcome to the crypto rollercoaster. as a fellow aussie, i’d recommend checking out btcmarkets or independent reserve. they’re local exchanges with good reputations. dont worry bout ID verification - it’s standard practice to keep things legit. start small, do ur research, and remember to only invest what u can afford to lose. good luck!
hey there, fellow crypto newbie! i totally get how overwhelming it can be at first. have you looked into binance? they’re pretty popular worldwide and i think they operate in australia too. what’s got you interested in bitcoin specifically? there’s so many cool projects out there, it’s hard to know where to start, right?
don’t stress too much about the ID verification - most legit exchanges require it these days. it’s annoying but it helps keep things safer for everyone.
btw, have you thought about joining any local crypto meetups? could be a fun way to learn more and meet other aussies who are into this stuff. what part of australia are you in?
As someone who’s been in the crypto space for a while, I’d suggest looking into CoinSpot or Swyftx. Both are Australian platforms with user-friendly interfaces and solid security measures. ID verification is standard practice for most reputable exchanges, so don’t let that deter you. It’s crucial for preventing fraud and maintaining compliance with regulations. Start with a small investment to get comfortable with the process. Remember to secure your assets by using a hardware wallet for long-term storage. Lastly, stay informed about market trends and always conduct thorough research before making investment decisions. Best of luck on your crypto journey.