Can you buy crypto at People’s Choice? Find out here!
More and more people are wondering if it is possible to buy crypto at People’s Choice. Although it is not possible to buy Bitcoin directly from People’s Choice, you can still invest in crypto with a clever workaround. Read on & find out how this works!
How to buy crypto at People’s Choice?
Step 1: open an account with a crypto exchange
Before you can buy crypto, you first need an account with a crypto exchange. A crypto exchange is a party that facilitates the buying and selling of, for example, Bitcoin. The overview below immediately shows which parties you can contact:
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Step 2: verify account & deposit money
Verify your account by uploading a copy of your passport and proof of your address. After your account is approved, you can deposit money directly from your People’s Choice account.
Step 3: buy crypto at People’s Choice
Congratulations, you are now all set to buy your first crypto from People’s Choice. Many of my readers find it difficult to decide which crypto to buy. The best-known cryptocurrencies are Bitcoin and Ethereum, but you can invest in the most unique cryptocurrencies these days. Remember that lesser-known crypto are often more volatile and risky.
Once you know which crypto you want to buy, you can select it directly within the trading platform. Then enter the amount you want to invest and press the buy button. Normally, in the order screen, you will immediately see the fees you will pay for your transaction. By selecting a low-cost crypto exchange, you can achieve higher returns.
What is People’s Choice’s stance on crypto?
People’s Choice is itself a crypto-friendly bank: in fact, they won’t block transactions to popular crypto exchanges. This means you can buy Bitcoin and other crypto without any problems by linking your bank account. However, it is advisable to select a reliable crypto exchange. That way, you avoid People’s Choice blocking your bank account because of suspicious transactions.
About People’s Choice
People’s Choice is also known in full as the Australian Central Credit Union Limited and its headquarters are in Adelaide. You can contact People’s Choice for credit cards, transactions, savings accounts, mortgages and insurance. This relatively small bank is popular in some specific Australian regions.
Can you buy Bitcoin at People’s Choice?
It is definitely possible to buy Bitcoin from People’s Choice: to do so, go through the steps in this article. In a nutshell, you need to open an account with a crypto exchange and link it to your bank account. Be careful though; investing in crypto is risky.
Over Alex Mostert
Already in 2015 I bought my first Bitcoins for roughly $300, only to sell them shortly after for $900. At the time I thought I benefited from the deal of the century, but I, of course, had no idea Bitcoin would become as popular as it is today. On this website, I want to teach everybody how to buy Bitcoin through their bank.