The reality is that they’re a billion times safer and more secure as a variety of real money. A vast majority of banking and all credit card transactions are already digital. Possessing cryptocurrencies like Bitcoin, Etherium, Altcoin, Dodgecoin, etc. It’s also completely resistant to inflation because cryptographically encrypted monies like Bitcoin, Etherium, Altcoin, Dodgecoin, etc.
There are several other important features to consider, such as where an exchange is regulated and the payment methods accepted by peer-to-peer trading sites, so check out our cryptocurrency exchange guide for more tips on how to choose the right platform. Trade AUD and other fiat currencies against a wide range of cryptos at competitive rates. Navigate Cryptocurrency Getting Started What is cryptocurrency? For example, sites like Bitcoin Australia allow you to buy BTC by depositing cash at your local bank branch, with no need to go through a lengthy verification process.