Bendigo Bank does not provide a way to buy cryptocurrency through its online banking platform. Use a regulated exchange in Australia to invest in digital assets using funds deposited from a Bendigo Bank account, credit or debit card.
Unsure about where to buy?
Where Bendigo Bank customers can buy crypto
On website
Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.
Highlights
- Access thousands of assets across multiple categories.
- Copy trades of popular investors that trade Crypto.
- Access powerful analysis tools and innovative social features.
Pros
Cons
On website
Highlights
- Access over 440 assets, including Bitcoin, Ethereum, Ripple, Litecoin, and DeFi tokens like UniCoin.
- Choose from multiple payment options, including PayID, OSKO, POLi, and bank transfers for deposits and withdrawals.
- Learn the basics of crypto trading with Swyftx’s demo mode, allowing risk-free mock trading.
Pros
Cons
On website
Highlights
- Sign up on Binance Australia to get a 100 USDT cashback voucher. Terms and Conditions apply.
- Access the world's biggest platform for buying, selling, and trading crypto.
- Trade and stake thousands of cryptocurrencies and trading pairs.
- Deposit funds without worrying about any extra charges.
Pros
Cons
Still not sure?
FAQs
Can you buy crypto directly with Bendigo Bank?
Bendigo Bank does not offer direct service for the purchase of cryptocurrency. To buy cryptocurrency, you can use a crypto trading platform or brokerage and fund the purchase with a bank transfer from your Bendigo Bank account or with your Bendigo Bank credit or debit card. It is vital to carefully research the platform you are using and only invest what you can afford to lose.
Does Bendigo Bank block crypto-related transactions?
Bendigo Bank does not block cryptocurrency transactions. Customers may deposit funds on a third-party platform where crypto.
Can Bendigo Bank bank accounts be used to buy crypto?
Yes, customers can transfer funds from a Bendigo Bank account to an exchange or brokerage and buy cryptocurrency there.
Can Bendigo Bank credit cards be used to buy crypto?
Yes, it is possible to use a Bendigo Bank credit card to buy cryptocurrency by using it to deposit funds into an account at a cryptocurrency exchange or brokerage. However, only some exchanges and brokerages allow credit card deposits, which typically attract additional fees. Bendigo Bank may apply the cash advance interest rate to crypto-related transactions.
Can Bendigo Bank debit cards be used to buy crypto?
Yes, it is possible to use a Bendigo Bank debit card to buy cryptocurrency at an exchange. However, not all exchanges and brokerages accept debit card deposits, and those that do may charge additional fees.
Further details
Bendigo Bank's crypto policy
As with many of its peers, Bendigo Bank's approach to cryptocurrency is conservative. In the past, they have refused access to banking services to crypto traders.
