Newcastle Permanent 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 from a Newcastle Permanent account.
Unsure about where to buy?
Where Newcastle Permanent 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 Newcastle Permanent?
Newcastle Permanent does not offer direct support for the purchase of cryptocurrency. You can buy cryptocurrency with a crypto exchange or brokerage and fund the purchase with a bank transfer from your Newcastle Permanent account. It is important to carefully research the platform you are using and only invest what you can afford to lose.
Does Newcastle Permanent block crypto-related transactions?
Newcastle Permanent does not block cryptocurrency transactions by default, such as funding a third-party crypto exchange account, but the bank cautions about the risks of investing in cryptocurrency.
Can Newcastle Permanent bank accounts be used to buy crypto?
Yes, you can transfer funds from a Newcastle Permanent bank account to an exchange or brokerage to buy cryptocurrency.
Can Newcastle Permanent credit cards be used to buy crypto?
No, a Newcastle Permanent credit card cannot be used for cryptocurrency purchases.
Can Newcastle Permanent debit cards be used to buy crypto?
Using a Newcastle Permanent debit card to buy cryptocurrency at an exchange or brokerage is possible. However, it is essential to note that not all exchanges or brokerages accept debit card payments, and those that do may charge additional fees.
Further details
Newcastle Permanent's crypto policy
Newcastle Permanent's approach to cryptocurrency is not widely documented, although a spokesperson confirmed that credit cards issued by Newcastle Permanent are blocked from being used to purchase cryptocurrency.
