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HOW TAX ON CRYPTOCURRENCY IN AUSTRALIA WORKSCryptocurrencies were first developed as a digital currency to use as money. But crypto is not legal tender in Australia and is not widely accepted as payment. To buy cryptocurrency, first you need to pick a broker or a reputable crypto exchange. While both avenues allow you to buy crypto, there are key differences. Australian owned and operated. Swyftx is an AUSTRAC registered digital currency exchange headquartered in Brisbane, Australia. Read more. ISO certified.