What is Bitcoin
Bitcoin or BTC is the world‘s first and largest cryptocurrency. Launched in 2009, its creator Satoshi Nakamoto established Bitcoin as a “peer-to-peer digital cash system.” This means payments can be made between two individuals without using a third party such as a bank.
The cryptocurrency has revolutionised how we perceive digital money. Bitcoin’s value is based on scarcity as only 21 million tokens will ever be created. This means it is also considered a deflationary asset.
The first documented item purchased with BTC was pizza! In 2010, 10,000 BTC was exchanged for two large pizzas from Papa Johns. At today's BTC prices, this purchase is worth over AU$132 million.
Buy Bitcoin in 3 easy steps
Sign up to BTC Markets
Once your profile is complete, we verify your ID. You can then send or receive BTC or AUD.
Add funds to your account
Visit Account and navigate to Deposit page to make your first deposit via BPAY or Osko.
Visit the Buy/Sell page to buy Bitcoin today.
Why BTC Markets
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