Summary: Macquarie Bank doesn't support direct cryptocurrency investments through its platform. The best way for its customers to buy and sell digital assets is by sending funds to a secure cryptocurrency exchange. Selecting a platform that is registered with AUSTRAC and licensed by ASIC is vital to ensure the security of your assets.
Following a detailed evaluation of the country's top cryptocurrency exchanges, our team has identified CoinSpot as the top option for Macquarie Bank customers. It offers free and instant AUD deposits to trade over 380 digital assets with the lowest trading fees in Australia at 0.1%. In addition to trading, CoinSpot also offers staking, a crypto debit card and an NFT marketplace.
Best Exchange for Macquarie Bank
Platform Highlights
- Instant and free AUD deposits via Macquarie Bank transfers.
- 370+ Cryptocurrencies to trade starting at 0.1% fees.
- NFT Marketplace, Crypto Staking, Crypto ETFs and more.
Can I Buy Bitcoin with Macquarie Bank?
As mentioned above, Macquarie Bank does not facilitate direct cryptocurrency transactions on its platform. To purchase cryptocurrencies, Macquarie customers should sign up with a licensed Australian cryptocurrency trading platform. Once an account as been created, users can deposit AUD with their bank account or card and buy cryptocurrency directly through the exchange.
How to Buy Crypto with Macquarie Bank
The most secure and reliable method to invest in cryptocurrencies, such as Bitcoin and Ethereum, using a Macquarie Bank account is through CoinSpot. This platform offers various deposit methods for Macquarie Bank users, including Bank Transfer, Credit/Debit Card, POLi, PayID, BPAY, Osko and Cash.
Begin trading over 300 cryptocurrencies with this short guide:
- Sign up to the CoinSpot Australia platform.
- Deposit Australian Dollars (AUD) from Macquarie Bank.
- Find the cryptocurrency on the exchange you want to buy.
- Input the AUD amount you want to buy and execute the trade.
Is Macquarie Bank Crypto-Friendly?
Macquarie has no policies preventing its customers from trading cryptocurrencies. This means the bank won't stop deposits or withdrawals from licensed digital asset exchanges. Users can easily and securely transfer funds between CoinSpot and Macquarie Bank without any issues as the exchange is regulated and licensed in Australia.
What is Macquarie Bank?
Macquarie is a renowned Australian bank that provides a wide array of financial products and services. Established in 1969, it's headquartered in Sydney, and has grown into a leading global financial institution. Catering to individual, business, and institutional clients, Macquarie Bank offers services such as personal banking, business banking, investment management, and wealth management.
Operating in more than 25 countries, Macquarie Bank has a strong international presence. The bank has a commitment to delivering exceptional customer service and maintaining a strong focus on risk management. As part of the Macquarie Group, the bank leverages its extensive expertise in various financial sectors to provide tailored solutions to meet the unique needs of its diverse clientele.
Final Thoughts
To sum up, Macquarie Bank customers can invest in digital assets by using the most secure and trusted cryptocurrency exchange in Australia, CoinSpot. We recommend this exchange because it provides quick and free AUD deposits, a broad selection of cryptocurrencies to trade, low fees and a variety of unique features like staking services and an NFT marketplace.
