How to Buy XRP in
Australia
A guide to purchasing XRP in Australia under AUSTRAC + ASIC rules, using AUD.
The Best Way: Bybit
Bybit is our pick for Australia because it supports PayID / OSKO instant transfer and offers competitive fees for XRP trades under AUSTRAC + ASIC rules.
Is it legal to buy XRP in Australia?
Digital currency exchanges must register with AUSTRAC. Treasury's 2024–25 reform proposals would bring larger exchanges under the same licensing regime as other financial services, but that framework is not yet finalised.
How to fund your account in AUD
How XRP gains are taxed in Australia
The ATO treats crypto as a CGT asset. Disposals are taxable events; holding over 12 months qualifies for the 50% CGT discount for individuals.
Step-by-Step Instructions
Step 1: Register. Go to the Bybit official site and create an account.
Step 2: Verify ID. PayID transfers require your exchange account name to match your bank account name exactly.
Step 3: Deposit AUD. Go to the “Wallet” section and select “Deposit”. Choose PayID / OSKO instant transfer for the lowest fees.
Step 4: Trade. Search for the pair XRP/AUD (or XRP/USDT) and click “Buy”.
Other Coins in Australia
Buy XRP Elsewhere
Regulatory information last verified August 2026 — rules change, confirm current status for anything time-sensitive. Not financial or tax advice.
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