Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
How to buy Bitcoin
Register or Login to your account on CoinSpot, and using the "Buy Bitcoin" form, enter the amount of Bitcoin you want to buy or the amount of Australian dollars you want to spend and click on 'Buy Now' to complete the payment.
The payment is easily completed online in minutes by POLi Payments a business from Australia Post and after payment is complete the coins will be sent to your CoinSpot online wallet immediately.
If you don't have your own wallet you can sign up for a free account using the 'Register' button at the top of the page to create a free online Bitcoin wallet. You can withdraw your BTC from the online wallet at any time and without fees.
Ready to Go?
Buy BitCoin on CoinSpot today!