Macquarie Bank does not provide a way to invest in cryptocurrency through its online banking platform. Use a regulated exchange in Australia to buy digital assets with a Macquarie account or card.
Unsure about where to buy?
Where Macquarie Bank customers can buy crypto
On website
Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.
Highlights
- Access thousands of assets across multiple categories.
- Copy trades of popular investors that trade Crypto.
- Access powerful analysis tools and innovative social features.
Pros
Cons
On website
Highlights
- Receive $10 worth of BTC when you sign up and verify your account.
- Trade over 300 assets on Swyftx including Bitcoin, Ethereum, Ripple and Litecoin as well as DeFi coins such as UniCoin.
- Deposit or withdraw funds from your account using several payment methods (PayID, OSKI, POLi or bank transfers).
- New to Crypto? Try Swyftx's demo mode, it allows you to mock trade with no financial risk while you learn the ropes of crypto trading.
Pros
Cons
On website
Highlights
- Sign up on Binance Australia to get a 100 USDT cashback voucher. Terms and Conditions apply.
- World's largest crypto exchanges.
- Buy, sell, trade, and stake 1,000s of crypto coins and trading pairs.
- Zero-fee deposit via PayID or Osko from Australia.
Pros
Cons
Still not sure?
FAQs
Can you buy crypto directly with Macquarie Bank?
Macquarie Bank does not have a retail service for purchasing cryptocurrency. You can buy cryptocurrency on a crypto exchange or trading platform and fund the purchase with a bank transfer from your Macquarie Bank account or with your Macquarie credit card or debit card. It is important to carefully research the platform you are using and only invest what you can afford to lose.
Does Macquarie Bank block crypto-related transactions?
Macquarie Bank does not block cryptocurrency transactions. Customers may use their Macquarie accounts to buy crypto through third-party trading platforms.
Can Macquarie Bank bank accounts be used to buy crypto?
Yes, you can transfer funds from a Macquarie bank account to an exchange or brokerage where you can buy cryptocurrency.
Can Macquarie Bank credit cards be used to buy crypto?
Crypto purchases are not specifically blocked per the bank's credit card conditions of use documents. Some exchanges and brokerages allow you to fund your account with a credit card, although this option may not be available on all platforms. Where credit card deposits are accepted, additional fees may be incurred.
Can Macquarie Bank debit cards be used to buy crypto?
Crypto purchases are not specifically blocked per the bank's transaction account conditions of use. However, not all exchanges and brokerages accept debit card deposits, and those that do may charge additional fees.
Further details
Macquarie Bank's crypto policy
Macquarie Bank's approach to cryptocurrency is one of the most forward-thinking and facilitative amongst its Australian peers. This is perhaps unsurprising since they are a major infrastructure investor. Macquarie Group chief executive Shemara Wikramanayake told the AFR that "blockchain-based smart contracts will play a role sooner, rather than later in the financial industry, and could replace third-party companies."
