Crypto Banks
How to buy Crypto or Bitcoin with Bank of Queensland

How to buy Crypto or Bitcoin with Bank of Queensland

Karen Tren
Fact Checked
September 18, 2022

Quick Summary: The best way to buy Bitcoin with a Bank of Queensland (BOQ) account is with a licensed digital asset exchange like eToro. They offer fast and cheap AUD deposits for BOQ account holders to buy and sell over 40 cryptocurrencies like Bitcoin, Ethereum, Solana and more.

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Can I buy Crypto with Bank of Queensland?

If you are looking to buy Bitcoin or Crypto in Australia either directly at your Bank of Queensland branch or via the Bank of Queensland online banking portal, you are out of luck. Unfortunately, all banks in Australia still do not support a native and easy way for their clients to buy, sell and trade Bitcoin.

However, there are many secure Australian cryptocurrency exchanges that enable Bank of Queensland account holders to quickly onboard and get started with crypto.

How to buy Crypto with Bank of Queensland

We recommend eToro as the fastest and cheapest way to deposit Australian Dollars from your Bank of Queensland internet banking account. They are the largest crypto exchange with over 1 million users in Australia and 400 different cryptocurrencies including the latest NFT and Metaverse projects.

Follow the guide below to get started.

  1. Sign up to eToro Australia
  2. Find you AUD Deposit details and send AUD from your BOQ account (as shown below)
  3. Select the cryptocurrency you want to buy
  4. Select 'Buy' and proceed with your order
Deposit AUD via Bank Transfer on eToro

Bank of Queensland Crypto Policy

As at time of writing, Bank of Queensland does not have any policies that would prohibit an account holders from trading cryptocurrencies. This ultimately means that you will not have any issues depositing or withdrawing funds from licensed digital asset exchanges.


Karen Tren

Full-time writer and cryptocurrency newbie! Learning about NFTs, DeFi and GameFi with my research and writing for BuyBitcoinBank.

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