Can I buy Crypto with POLi?

Yes, Aussie investors can easily buy Bitcoin and over 370 other Cryptocurrencies with POLi by depositing AUD on CoinSpot. As previously mentioned, our team found CoinSpot to be the best option for POLi customers for a variety of reasons. It is the most secure and trusted trading platform in Australia and provides several services and products like staking on 25 tokens.

How to buy Bitcoin with POLi

POLi customers can buy and sell Cryptocurrency like Bitcoin through an AUSTRAC-regulated Crypto exchange. CoinSpot is the most trustworthy and reliable platform in Australia that offers free and instant deposits via POLi Payments.

Get started with these 4 simple steps:

  1. Open a free account on CoinSpot and complete the sign-up process.
  2. Click ‘Deposit Funds’, select POLi as your payment method, and deposit AUD.
  3. Head to the 'Markets' tab and find the BTC/AUD market.
  4. Input the amount of AUD you wish to invest in Bitcoin and click the 'Buy' button.
How to buy Bitcoin with POLi

Investing in Cryptocurrency Fees

‍CoinSpot offers the lowest fees for POLi customers to buy Bitcoin as it does charge a fee for deposits via POLi. Additionally, the fee to buy BTC is only 0.1% if you buy the token through the 'Market Buy' feature. This means the cost to buy Crypto with POLi through CoinSpot is 0.1% of your total transaction amount.

We analysed the top 10 platforms that accept POLi deposits and found that CoinSpot was the most cost-effective option. Other popular exchanges like SwyftX charge 0.6% to buy and sell Bitcoin and other Cryptocurrencies.

About POLi

‍POLi is an Australian online payment service that allows customers to make secure and fast payments directly from their bank account. It is currently supported by over 50 banks in Australia and New Zealand and can be used to make payments for a variety of goods and services, including online shopping, travel bookings, utility bills, and Cryptocurrency.

To use POLi Payments, customers simply select the option at the checkout of a participating merchant and confirm the payment. The service operates in real-time and the funds are transferred directly from the customer's bank account to the merchant's account, usually within a minute. It uses a range of security measures to ensure the safety of its users' personal and financial information.

Bottom Line

In conclusion, investing in Cryptocurrencies like Bitcoin with POLi Payments is possible through an AUSTRAC-regulated Cryptocurrency exchange. CoinSpot is the best option for Australian investors as it offers free POLi deposits, low trading fees, and a wide range of Cryptocurrencies. If you would like to like to learn more about this exchange, visit our detailed CoinSpot Review.