HOW TO EASILY PAY WITH CRYPTO IN AUSTRALIA

Let me start by saying I am no crypto expert! However in the research community, crypto is a favourable way to make payments due to the privacy of your purchase as opposed to a bank transfer. It is not as direct a link to your identity. So it's beneficial to learn some of the basics to protect yourself in this space.

It does come with risks of course. If you send to a wrong address, your funds can not be reversed or recovered. Always triple check and confirm the wallet address you are sending to and ensure you trust the person you are sending to.

I personally use CoinSpot for any crypto dealings. It's an Australian based crypto exchange with a super easy interface for a beginner. You can deposit funds for free by PayID from your bank straight to your CoinSpot account in order to purchase the crypto currency and send it from there to make purchases. You can also deposit with PayPal for free or regular bank transfer. Obviously all of these options make your crypto purchase traceable to you on a platform like this, but not what you actually purchase with the crypto.

When it comes to which type of crypto to purchase, the seller will likely specify which coin they prefer. It's advisable to not let your crypto sit in your account as most coins can be volatile and change in value by the hour.

So just as an example, say you made an online order of $80 AUD and you are going to send that via CoinSpot using TRON TRX to a seller who accepts this cryptocurrency. 

1. After creating an account, deposit about $82 into your CoinSpot account (the extra is to cover any small transaction fees)

2. Go to the BUY/SELL menu, search for TRON TRX then click BUY TRX

3. Enter $82.00 under "How much AUD?" (it will show you a conversion below of how much TRX that will get you)

4. Click buy and follow the prompts

5. Go to your WALLETS menu then in the list click OPEN TRX WALLET

6. From the left menu, click "Send"

7. Under the "Amount" click "Send all available" or enter it manually. If need be you can always do a Google to convert TRX to AUD so you know how much TRX to enter in this field. The fee will show in the TRX currency under the text field once you enter the amount. It will likely only be a few cents worth in AUD

8. BE SURE TO ENTER THE CORRECT TRX PAYMENT ADDRESS IN THE NEXT FIELD

9. Enter a reference if your seller has given you one and if using Two Factor Code enter this below

10. Finally click "Send" and take a screenshot of the successful payment page to use as your proof of payment and for your own records.

Voila! It's super easy!