paybtc

paybtc is an Australian service for buying and selling Bitcoin, with coins sent directly to the customer's own wallet. Payment is made by bank transfer in Australian dollars after identity verification, and the website says it has operated since 2019.

How it works

The service is non-custodial in delivery: Bitcoin is sent to the client's wallet once payment is received. A standard bank transfer can take up to one business day, which is therefore the main source of delay. BTC and AUD are the only asset and currency listed.

Regulation

The site cites AUSTRAC registration DCE100926176-001 as a digital currency exchange provider. This is the website's own statement and can be checked on the AUSTRAC register. Identity verification is required.

Who it suits

The offer is aimed at individuals in Australia who want to move Australian dollars into self-held Bitcoin without leaving a balance on an exchange. Fees, limits and the amount that triggers additional checks are not described in the profile, so they should be read on the website before ordering.