r/BitcoinAUS

DEX to swap BTC to USDT (ERC20)?

Been looking for a while and can't find anything decent. Most platforms either don't support native BTC on the input side or give you a wrapped version at the end instead of actual USDT on Ethereum.

Anyone done this successfully without touching a CEX?

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u/Slow-Stress-7447 — 1 day ago

smsf

Is it worth having a smsf with bitcoin if i only have 45k in super? I currently have choiceplus where i can invest in asx with a portion of my super ive done that across precious metals stocks, but if i bought all btc in a bear market wouldn't it be worth it?

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u/Alarming_Evidence596 — 2 days ago

DCA Australia

Ive never DCA'd before, i bought bitcoin pretty much lump sums early 2025 so closer to the top from where we are now, i figure this time i should just start the DCA, i have a offset account so i leave my savings in there that helps lower the interest on my mortgage, can i DCA direct from that account in to bitcoin, or i would have to transfer my money into some type of exchange and select how frequently my buys would be and how big? Obviously would suit better keeping the money in the offset to help with interest, looking for advice on the cheapest and best methods to do this, or would it be best to just buy smaller lump sum amounts when i can rather than setting up a DCA? I use coinspot to buy here in aus

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u/Alarming_Evidence596 — 3 days ago

Hodl Hodl - Local Coin Swap

Hi all,

Just wondering if anyone has any recent reviews on these exchanges, and if so, potentially any recommended vendors? I'm weary but interested. Feel free to PM me if you prefer.

All the best,

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u/Piano_Smart — 3 days ago

Crypto wallet in Australia as a 71🔄 y/o

Might be an odd question but does anyone know how I can find a work around on how to get money into my crypto wallet given my age and requirements of ID in Australia. My guardians are not in support of my “hobby” as they call it, I was just wondering if anyone has been in a situation and could maybe assist.

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u/Able_Possibility_114 — 5 days ago

Why are Australian Bitcoin ETFs seeing local outflows while US spot inflows are pushing back toward $1 Billion?

According to Stockspot’s latest asset-under-management reviews for early 2026, local Australian crypto ETFs actually experienced steady fund shrinkage over the last quarter. Yet, looking at the global macro picture, US spot Bitcoin ETFs just recorded massive near-$1 billion weekly inflows as institutional sentiment shifts back to a buy zone. Why are Aussie retail and SMSF investors seemingly pulling back from local vehicles like IBTC or EBTC right now? Is it purely down to the local 4.35% cash rate squeezing disposable liquidity, or are Aussie stackers realizing that buying actual spot BTC via independent custody is structurally superior to paying local fund management fees?

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u/RentNRegret — 5 days ago

Unfamiliar with crypto - Tax question

Bit of a weird situation - I recently won an online giveaway where I have received a small but OK amount into my USDC wallet that I have on Coinspot. I understand that to get this money into my regular bank account, that I will need to 'sell' the contents and then withdraw the money. I am wondering if this will be counted as a capital again, and will need to pay tax on it? Or since it's a 'prize', will I only need to pay CGT on any gains it makes before I can make the sale?

Thanks!

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u/PutridBuddy7055 — 4 days ago

Is temporarily moving to NZ a viable strategy for avoiding the new CGT rules?

Im an Aussie citizen. I've lived in NZ for several years before. Rented a house, got a job etc. I did my tax return in NZ, didn't have to do one in Aus. Returned 20 years ago.

I've read that if you live in NZ for 183 days, you're a tax resident in NZ. NZ treats capital gains as ordinary income and their tax rate is less than ours and certainly doesn't start at 30%.

Because of the Trans-Tasman agreement, I'm not officially leaving Australia, so don't have to pay the exit tax right?

So if I was to just spend more than half a year each year in NZ, sell whatever Bitcoin I want to liquidate that year while over there, is that a viable way to minimise my tax bill?

I'm certainly not wanting to end up in jail, but if I could minimise my tax by living in middle earth, that seems like a win-win.

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u/prodigiousproducer — 8 days ago

The new CGT treatment and how it affects us plus one benefit that NOBODY is talking about! (yet)

Hi Bitcoiners.

I was the guy who wrote the long post almost a month ago about the upcoming tax changes when everyone still thought they were only applicable to realestate.

I just wanted to run you all through what the official changes are and how they will effect us.
I've also found something hidden away in the budget papers that early Bitcoiners are going to like a lot...

So... Here we are... The Budget's been handed down and it's not great but it's also not as bad as some had thought.

Grandfathering:
Current Bitcoiners will have their 50% capital gains tax disscount PARTIALLY grandfathered.
There will be a "Snapshot" taken on July 1 2027 and let's hope there's some big moves to the upside between now and then because that snapshot is going to be VERY important for us.

We'll be able to use that price at ANY POINT IN THE FUTURE and only be taxed on HALF of it with the benefit of our 50% discount.

Now here's the thing no body's talking about and OG Bitcoiners with low cost basis will LOVE THIS!

We'll be allowed to RESET our cost base to that July 1st 2027 snap shot price.

Not only will our 50% CGT discount be grandfathered up to that point but we'll be able to take our cost base (which in my case is almost ZERO) and make it MUCH higher.

With this higher cost base, We'll pay much less tax than originally thought on gains made after July 1 2027 because of three reasons.

  1. Our cost base is higher and gains are only calculated on money made ABOVE that amount
  2. We'll be able to index the NEW cost base with CPI further reducing tax on our post 2027 gains.
  3. If the price of bitcoin goes DOWN after July 1 2027, We'll be able to book that as a tax loss, We'll even be able to deduct that LOSS off of the grandfathered pre July 1 2027 GAIN!

Please keep in mind that any of the gains made under the new system will have a MINIMUM CGT bill of 30% but the gains from the grandfathered portion won't...

Look guys, Nothing in the new tax system makes things better for us than we had it before but we're largely protected and OG bitcoiners with zero(ish) cost basis like myself will probably be pretty happy with the cost base reset. There are a number of ways to make it work for you!

As for the "younger generation" who this budget was designed to uplift? Well... You haven't yet had a chance to delve into Bitcoin (or any asset for that matter) and you guys are screwed...

-----

Source:

The 50 per cent CGT discount will apply to the difference between the asset’s cost base and its value at 1 July 2027. Indexation and the minimum tax will be used to calculate the CGT on gains accruing from 1 July 2027 (using the asset’s value at 1 July 2027 as the asset’s cost base).”

-Budget Papers

EDIT: There’s a few comments popping up looking to correct me and I’d like to be clear. At NO point did I say that you’ll get a 100% CGT discount with the cost base reset.

The cost base reset is only for the portion of the disposal AFTER July 1 2027

It’s a HUGE benefit for those with low cost base for the reasons I’ve laid out above.

I thought this was clear in my post.

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u/viper2097 — 9 days ago

If BTC hits $150k AUD this year, will the new tax laws make "Profit Taking" almost impossible?

Current snapshot has BTC sitting around $111,948 AUD. If we see a massive run toward the end of 2026, we’ll be under the old 50% discount rules, but any BTC bought after last night's budget is already on the new "indexation" clock for 2027. Are you changing your buy-in strategy to account for the fact that "time in the market" no longer gives you that 50% tax buffer? Or does the high volatility of Bitcoin make the "inflation-indexing" part of the new tax code completely irrelevant anyway?

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u/SnowyBytes — 9 days ago

Where to swap BTC to ETH Tokens with low fees?

Hi!
I’m looking for a way to swap a large amount of BTC to ETH (ERC-20 Tokens) without going prefer options that are simple, fast, and reliable, and that let me keep full control of my funds.

If anyone has experience with platforms or methods that allow such thing + with low fees, I’d really appreciate your recommendations.

Thanks in advance!

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u/Due_Struggle_1704 — 7 days ago
▲ 0 r/BitcoinAUS+1 crossposts

Anyone else starting prefer Bitcoin deposits for online betting?

I want to start myself and want to know if it's worth it?

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u/BCSO_USA — 8 days ago

Anyone else considering a "wash sale" (legally) before the July 2027 CGT changes?

Since the Budget says the 50% discount stays for assets sold before July 2027, I’m seriously considering selling and rebuying my stack this year just to lock in the discount on my gains so far. It feels dirty to pay the tax man early, but if the alternative is paying nearly double the tax under the new "indexation + 30% minimum" rule in a few years, it might be the lesser of two evils. Has anyone spoken to an accountant about the best way to transition your cost-base before the deadline?

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u/RentNRegret — 10 days ago

Privacy Exchange for Bitcoin?

Hi everyone, I’ve been looking for a reliable privacy focused exchange for Bitcoin and wanted to see what people here are using in 2026.

Mainly interested in platforms with decent fees, smooth swaps, and as little KYC as possible.

Would also be nice if they support multiple networks and don’t have issues with delayed transactions or frozen funds.

Thanks!

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u/Vivienne-MiniBee94 — 8 days ago

Updates on Commonwealth Director of Public Prosecutions v William Wheatley (Wheatley)? BTC not a CGT.

In light of the latest crazy 2026 Federal Budget, it is even more important for a final decision on this case.

I can’t find any online publications on this case or what the current status is. Anyone have something credible?

Edit: link to a great article I found on the matter.

https://www.bentleys.com.au/wp-content/uploads/Taxation\_in\_Australia\_Journal\_Bentleys\_Sept25.pdf

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u/Mean-Register5359 — 8 days ago

Bitcoin dropping under $80k again because of inflation wasn’t on my bingo card

BTC dipping below $80k after the latest US inflation numbers shows how tied crypto still is to Fed expectations. Every time people think rate cuts are coming, inflation data ruins the party again. What’s interesting is that buyers still seem to be defending the high $70k range pretty hard instead of full panic selling. Do you guys think this is just a normal pullback before another run, or are we finally seeing the market lose momentum a bit?

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u/Silver-Pie9992 — 8 days ago

crypto currency suggestion for buying online

Hi, I need a crypto currency suggestion in Australia to transfer some money under $200

which one has the lowest fees and is reputable

and also bank friendly

not doing trading or any other feature, simple sending money to a vendor

Any suggestions would be highly appreciated

thanks alot

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u/Icy_Race8562 — 8 days ago

Which exchange allows for futures trading in AUS?

Hey guys, I've been out of the crypto space for many years now, I was trading in Binance futures during COVID lockdown.

I just came back and realized that I'm unable to trade in Binance futures anymore, dug a little bit and found out it's been banned in Australia for Binance(?)

I'm just wondering if any of you know an exchange that allows for futures trading, and if so, which one would you recommend and why

Many thanks - have a great day

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u/Ok_Variation9891 — 12 days ago

I was just listening to what bitcoin did podcast show with jack mallers as guest, they were speaking about using credit cards for day to day expenses, paying the total at months end and buying btc with the excess, i just use my wage for expenses and add whatever cash i dont need desperately into btc, can anyone suggest if it would be more beneficial to use the credit card for my expenses and settle up before the interest is charged? Are the bitcoin credit cards good for this where i earn a % of purchases in btc or are there any reccomendations of bank credit cards where i can earn points as i spend? I dont have kids so my expenses arent huge which would mean less points and bonuses because less spent, what do you think? Any credit card suggestions for my situation? Thanks

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u/Alarming_Evidence596 — 14 days ago