New to the world of cryptocurrency. Where is the best places to buy Bitcoins & Altcoins with Australian Dollars, preferably with the cheapest fees? It seems all exchanges need you to have Bitcoins to buy Altcoins.
Where are you based?
I could sell you some bitcoins if you are willing to either 1)Generate a cardless cash code from either Westpac, St. George or Commbank for the amount you want to purchase or 2) Make a cash deposit into my commbank account.
We can negotiate rates. LBC escrow is accepted if you amount is over 0.2 BTC. Otherwise i can go with any forum escrow or you can send first. But let me know the amount you are trying to exchange first.
I wouldn't recommend any of the trading sites based in AU, they have quite strict AML and KYC requirements for new users. Trading p2p is the way to go, imo.
For altcoins, you just need to get bitcoin first. I don't think that there are any active exchanges apart from maybe a few with strict KYC requirements that have BTC/ETH or BTC/LTC pairs listed on their site.