The easiest way to buy Bitcoin with your Macquarie Bank account is with a licensed cryptocurrency exchange like eToro.

They offer free AUD deposits for Australian investors to buy and sell over 50 cryptocurrencies including Bitcoin, Ethereum, Solana and more.

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Can I buy Bitcoin with Macquarie Bank?

If you are looking to buy Bitcoin or any cryptocurrency in Australia directly through Macquarie Bank, you are out of luck. Unfortunately, most major banks in Australia are yet to support a cryptocurrency investing feature on their platforms.

Nevertheless, there are many secure options for Macquarie Bank account holders to invest in Bitcoin. Investors simply need to link their bank accounts with a secure, licensed cryptocurrency exchange like eToro.


How to buy Bitcoin with Macquarie Bank

We recommend using eToro as it's the fastest and most affordable way to deposit Australian Dollars from your Macquarie Bank account. They are the largest cryptocurrency investing platform with over 1 million users in Australia.

Follow the guide below to get started.

  1. Sign up to eToro Australia
  2. Complete your KYC and press 'Deposit Funds'
  3. Enter the amount of AUD you wish to invest and press Continue (as shown below)

You will then be redirected to this page with instructions on how to proceed with the bank transfer. Please note that bank transfers can take up to 7 working days to arrive in your account.


Macquarie Bank Crypto Policy

As at time of writing, Macquarie Bank does not have any policies that would prohibit their account holders from trading cryptocurrencies. This ultimately means that Macquarie Bank will not stop you from depositing or withdrawing funds from licensed digital asset exchanges. Users will have no issues transferring between the two platforms.


eToro Australia

The table below highlights the fees, deposit methods and other key features offered by eToro.

eToro - Macquarie Bank
Beginner Friendly Image
Year Launched 2007
Supported Devices Web, iOS & Android
Available Assets Stocks, Cryptocurrencies, Indices, ETFs, Commodities, CFDs, Options and more
Trading Fees 0% Trading Fees and 0.5% Spreads on average
Deposit Methods Bank Deposit, Bank Wire, Debit Card or Credit Card, PayPal, Skrill and more
Cryptocurrencies 50
Website Visit eToro
Visit eToro Australia
March 30, 2022
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