How to Buy Crypto with Bendigo Bank [2024]

Summary: To buy crypto with Bendigo Bank, we recommend going through a reputable multi-asset investment platform. After analyzing over ten popular trading platforms, we concluded eToro to be the best choice for Bendigo customers, as the platform offers a selection of 80+ digital assets and low trading fees, therefore being a cost-effective and safe choice for crypto investors in Australia.

Best Crypto Exchange for Intermediate Traders and Investors

• Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

• 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

• Copy top-performing traders in real time, automatically.

• eToro USA is registered with FINRA for securities trading.

30+ million Users

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Can you buy crypto with Bendigo Bank? 

Yes, you can buy crypto with Bendigo Bank, but you need to link your bank account to a licensed cryptocurrency exchange to do so because Bendigo Bank does not offer cryptocurrency trading services directly through its platform.

How to buy crypto with Bendigo Bank?

The best way to buy crypto with a Bendigo Bank account in Australia is through a broker like eToro, which is a widely trusted multi-asset investing platform with over 80 cryptocurrencies and unique features such as “Copy Trading,” which enables users to copy top-performing crypto traders, in addition to a staking service, custom watchlist, as well as advanced charts and technical analysis tools. 

How to buy crypto with Bendigo Bank: Step-by-Step

You can get started in minutes with four simple steps:

• Step 1: Create an account on eToro and complete your verification (personal or company);
• Step 2: Enter the AUD amount you want to deposit on the eToro platform;
• Step 3: Connect your Bendigo Bank account to deposit your selected fiat currency;
• Step 4: The final step is to find the cryptocurrency you want to purchase and execute your trade.

Disclaimer: eToro AUS Capital Limited ACN 612 791 803 AFSL 491139. Crypto assets are unregulated and highly speculative. There is no consumer protection. You risk losing all of your capital. Refer to eToro’s Terms and Conditions. See full disclaimer.

About Bendigo Bank

Bendigo Bank is a retail bank offering a vast array of financial and banking services to individuals and businesses from over 500 locations across Australia. Complementing its banking services, Bendigo Bank also provides an online e-trading platform known as Bendigo Invest, featuring two distinct trading platforms tailored for beginners and experienced traders alike. 

Bendigo Bank crypto policy

Although Bendigo Bank provides a trading platform, it does not include the option for cryptocurrency transactions. Therefore, customers looking to buy crypto with Bendigo will need to connect their bank accounts to regulated cryptocurrency exchanges.

How to buy crypto safely

To buy cryptocurrency safely, follow these steps: 

• Select a regulated exchange: Choose an exchange registered with AUSTRAC that adheres to Australian regulations;
• Account security: Enable two-factor authentication and use a robust and unique password for your exchange account;
• Educate yourself: Understand the cryptocurrency market and the assets you intend to invest in; 
• Secure storage: Keep your crypto in a secure crypto wallets; 
• Invest responsibly: Only invest money you can afford to lose, given the volatile nature of cryptocurrencies.

• Stay informed: Regularly update yourself on the latest security practices and market conditions.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. 

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