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» What Is Bitcoin? - Bit Trade Australia

Further Reading

What is Bitcoin?

The reason it's so hard for most people to understand Bitcoin is that most people don't really understand money. Money isn't wealth. It's an accounting system used to facilitate the exchange of wealth. (The paradox of money is that while everyone wants it, no one actually wants it - they want the stuff they can buy with it!) Many people are put off by the fact...

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» Bitcoin Wallets - Bit Trade Australia

Electrum

Mobile Wallets

Mobile wallets allow you to have Bitcoins stored on your mobile device. You can exchange coins easily and pay in physical stores by scanning a QR code or using "tap to pay". Most e-wallet providers also provide a mobile app.

A Caution About Wallets

Wallets can store your entire holdings of Bitcoin. If your wallet is compromised or lost, there is generally no recourse. Bit...

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Selling Bitcoins - Bit Trade Australia

As a guide we've outlined the process in 4 steps

1. Create An Account

To begin, you will need a to Create An Account and then get verified .

2. Add A Bank Account

Visit the Bank Accounts Page and register your bank account to receive payments.

3. Place Your Order

Visit the Sell Bitcoins Page and enter the amount of Bitcoin you wish to sell or the amount of AUD you wish to receive.

4. Send Us Bitcoin

Transfer the amount in Bitcoins to the wallet address provided in your order confirmation.

You must transfer your Bitcoin within 15 minutes of placing the order, if you miss the payment window your order will be cancelled or recalculated.

5. Receive AUD

Once...

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Buying Bitcoins - Bit Trade Australia

As a guide we've outlined the process in 4 steps

1. Create An Account

2. Place Your Order

If you don't already have a bitcoin wallet you can learn all about wallets here.

3. Choose a Payment Method

We currently accept credit/debit card payments and bank transfers through Poli Payments.

4. Receive Your Bitcoins

Once we have...

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