How to Buy Crypto with Macquarie Bank [2024]

Summary: If you want to buy crypto with Macquarie Bank, we suggest using a reputable multi-asset investment platform. After analyzing over ten other trading platforms, we found eToro to be the best choice for Macquarie Bank customers, as it offers low fees, a wide selection of crypto coins, and a global presence.

Best Crypto Exchange for Intermediate Traders and Investors

• Invest in 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

Get Started

Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Can you buy crypto with Macquarie Bank? 

You can buy crypto with Macquarie, but you need to link your bank account to a licensed cryptocurrency exchange, as Macquarie Bank does not offer cryptocurrency trading directly through its platform.

How to buy crypto with Macquarie Bank?

The best way to buy crypto with Macquarie Bank in Australia is through a broker like eToro, which is a widely trusted multi-asset investing platform with over 70 cryptocurrencies and unique features such as “Copy Trading,” which enables users to copy top-performing crypto traders, in addition to a custom watchlist, as well as advanced charts and technical analysis tools. 

How to buy crypto with Macquarie: 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 Macquarie 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.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more.

About Macquarie bank

Macquarie is an Australian bank that operates as a subsidiary of Macquarie Group Limited. The bank provides a comprehensive selection of retail and business banking as well as financial services, primarily in Australia. 

Macquarie bank crypto policy

Macquarie bank does not offer the buying, selling, or trading of cryptocurrencies through its own platform. That said, Macquarie customers can connect their banking accounts to regulated crypto exchanges if they wish to invest in digital assets.

The bank urges its clients to stay mindful of crypto investments, with risks outlined in this cautionary report. 

How to buy crypto safely

To buy cryptocurrencies safely, consider these guidelines:

• Utilize AUSTRAC-approved exchanges: Always use exchanges approved by AUSTRAC to ensure they comply with national standards; 
• Strengthen login security: Set up two-factor authentication and a robust password for all crypto accounts; 
• Knowledge is power: Thoroughly research the crypto assets before investing; 
• Opt for secure wallets: Store your crypto in secure crypto wallets for better protection; 
• Invest within your means: Allocate funds you can afford to lose, considering crypto’s inherent volatility;
• Keep on top of the news: Stay informed about the crypto world’s latest trends and security protocols.

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

FAQs:

Best Crypto Exchange for Intermediate Traders and Investors

• Invest in 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

Get Started

Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD