How to Buy Crypto with POLi Payments

Bottom Line: Most Australian cryptocurrency exchanges accept POLi as a payment method to deposit Australian dollars. However, not every platform is secure and reliable, and it’s vital to ensure you use one regulated and licensed by the Australian Transaction Reports and Analysis Centre (AUSTRAC) and the Australian Securities and Investments Commission (ASIC).

Our team of dedicated researchers has tested the leading digital asset exchanges in Australia and identified eToro as the top option for investors wanting to deposit AUD with POLi payments. This is mainly due to the fact they do not charge any fees to deposit funds via POLi and the money is instantly credited to your account. eToro is a multi-asset exchange that offers over 3000 assets spanning six categories, which include crypto, shares, ETFs, and more.

Can I Buy Crypto with POLi?

Yes, POLi has been integrated with over 30 cryptocurrency trading platforms in Australia and can be used to directly purchase digital assets like Bitcoin and Ethereum. It is important for maintaining regulatory compliance in the country to use an exchange regulated and licensed by the AUSTRAC or ASIC. This way, you can ensure you adhere to the nation's regulations and ensure the security of your assets.

‍How to Buy Crypto with POLi Payments

The best and fastest way for Aussies to invest in cryptocurrencies with POLi is by using the most secure digital asset exchange in Australia, eToro. eToro provides instantaneous POLi deposits for Australian investors to trade thousands of assets with low fees.

Start trading crypto with POLi by following this step-by-step guide:

  1. Open a free account on eToro and complete the verification process.
  2. Click 'Deposit Funds', pick a POLi as your payment method and transfer AUD.
  3. Go to the search bar, locate the desired token, and click 'Trade'.
  4. Enter the amount you wish to purchase and click 'Open Trade'.
How to Buy Crypto with POLi

POLi Cryptocurrency Policy

POLi recognises cryptocurrency's capacity to revolutionise financial transactions on a global scale. As a forward-thinking payment provider, POLi strives to enhance compatibility with digital asset exchanges, fostering seamless integration and simplifying the process of buying and selling cryptocurrencies. By prioritising secure, user-friendly, and efficient transaction methods, POLi aims to strengthen its position as a preferred payment solution for crypto enthusiasts.

Deposit and Trading Fees

Being aware of the potential costs is important when investing in cryptocurrency with POLi Payments. Below is a quick guide to the fees involved in buying digital currencies:

  • Deposit Fees: Bank transfers and POLi deposits are generally free on most exchanges, however, the exchange you transfer funds to may charge a conversion fee. This is done when exchanges accept AUD but trade in USD.
  • Trading Fees: A majority of cryptocurrency exchanges will charge a spread of 1%. This means you will need to pay 1% of your total transaction amount anytime you buy or sell a digital asset.

Remember that fees vary depending on the platform that you use. We recommend checking your exchange’s fees schedule before purchasing crypto.

The Bottom Line

To summarise, for Australians looking to buy cryptocurrency using POLi, eToro is the top choice due to its credibility, reliability, and instant POLi deposits. As a leading digital asset exchange, eToro offers an extensive range of assets, top-notch and responsive customer support, competitively low fees, and an excellent platform for beginners and advanced traders. 


Can I buy cryptocurrency with POLi in Australia?
What is POLi’s stance on cryptocurrency?
Which are the top cryptocurrency platforms in Australia?

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