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How to Buy Bitcoin \u0026 Crypto in Australia on CoinSpot 2024 [Step by Step Tutorial]In short, Australia's Commonwealth Bank does not yet allow any customers to buy cryptocurrency, whether Bitcoin, Ripple, Ethereum, or anything else out there. Yes it is legal to buy, sell and trade cryptocurrency in Australia. While you cannot yet purchase crypto directly through CommSec or CommBank, you can use. Saving vs Investing. at-call bank deposits, bonds, property, gold, even bitcoin. The list really can seem endless. But importantly there can be differences.