Summary: ANZ supports transfers to regulated exchanges but does not offer direct cryptocurrency investing services. It permits transactions to digital currency trading platforms overseen by entities such as the Australian Transaction Reports and Analysis Centre (AUSTRAC) or the Australian Securities and Investments Commission (ASIC). It is vital for clients to choose exchanges that allow deposits in Australian Dollars.
Following a detailed examination of the top exchanges, we found that eToro is the best option for ANZ Bank customers. eToro, known for its diverse portfolio, offers access to over 3,000 digital assets, including a wide range of cryptocurrencies, stocks, ETFs, indices, and commodities. Known for its competitive fee structure, it is designed to support easy and efficient AUD deposits.
Your capital is at risk. AFSL 491139. See eToro PDS and TMD.
Can I Buy Bitcoin with ANZ Bank?
Certainly, customers of ANZ can confidently explore the world of cryptocurrencies by selecting a reputable digital currency exchange in Australia. It's essential to use an exchange licensed by the Australian Securities and Investments Commission (ASIC) to ensure compliance with Australian financial guidelines. These platforms facilitate straightforward AUD transfers from ANZ Bank accounts or debit cards. Their rigorous compliance with regulatory norms offers a secure and reliable environment for conducting digital currency transactions.
How to Buy Crypto with ANZ Bank
ANZ Bank clients looking to invest in digital currencies can do so through a regulated cryptocurrency exchange. Our comprehensive research highlights eToro as a top choice, aligning with ASIC regulations and offering a diverse portfolio of tradable assets. eToro supports various AUD payment methods, including bank transfers, credit and debit cards, POLi, and PayPal. Once your money has been deposited, it can be swapped for tokens like Bitcoin.
Here's how ANZ Bank customers can start their crypto investment journey:
- Account Creation: Open an account on eToro and complete the required identity verification process.
- Selecting Currency: Tap "Deposit Funds" and choose "AUD" as the preferred currency for your deposit.
- Initiating Transfer: Select your desired payment method and transfer funds from your ANZ Bank account.
- Investing in Crypto: Use the search tool to find the coin you're interested in and proceed with the purchase.

ANZ Cryptocurrency Policy
ANZ Bank strikes a balance between prudence and progression concerning crypto. It allows its clients to delve into digital assets through exchanges authorised by the Australian Securities and Investments Commission (ASIC). Our recommended platform is eToro Australia Pty Ltd, which is regulated by ASIC and AUSTRAC, and it operates under AFSL 491139. Its head office is located at Level 3, 60 Castlereagh Street, Sydney NSW 2000, Australia.
Digital Asset Investment Fees
Grasping the fee structure in the world of cryptocurrency investment is key to maximising your returns. Here's a simplified guide to the essential fees you need to be aware of:
- Spot Trading Costs: eToro charges a 1% spread anytime you buy or sell a cryptocurrency.
- Deposit Charges: If you're depositing AUD, the fee varies based on the payment method. For example, Bank transfers and PayID deposits are generally free, whereas credit cards can have costs up to 2%.
- Withdrawal Costs: The fees for withdrawing funds are competitive and differ depending on the token. For instance, withdrawing Bitcoin will cost you a set fee of 0.0005 BTC.
Our suggested platform, eToro, supports over 3,000 assets, which can be traded with low fees of 1%. This is significantly lower than competitors who charge upwards of 4% to buy and trace cryptocurrency.
What is ANZ Bank?
ANZ (Australia and New Zealand Banking Group Limited) is one of the largest and most influential financial institutions in the Asia Pacific region. Headquartered in Melbourne, ANZ offers a comprehensive range of financial services, including retail and commercial banking, investment and private banking, insurance, and wealth management.
It operates across 33 markets globally, serving around 8 million customers worldwide. ANZ is known for its commitment to corporate sustainability, robust risk management, and innovative digital banking solutions. Its continuous efforts towards enhancing customer experience and fostering economic growth in its markets underline its position as a leading player in the banking sector.

Final Thoughts
To wrap up, ANZ supports customers who want to delve into and capitalise on cryptocurrencies through ASIC-regulated exchanges. Although the bank doesn't directly facilitate crypto trading, it does provide a safe pathway to digital currency platforms like eToro. It is a multi-asset broker that supports instant AUD deposits through multiple payment methods for the purpose of buying digital assets like Bitcoin and Ethereum.