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While cryptocurrency is often touted as “the future of currency” that doesn’t exactly mean you can buy your groceries with Bitcoin (not yet, anyway). There are, however, a growing number of businesses that accept Bitcoin and other cryptocurrencies as a form of payment. Not only are a number of online retailers offering this, but the number of physical stores that accept crypto in Australia is increasing as well.
We’ve compiled a list below of companies that accept BTC and crypto as a form of payment. Keep in mind, this list is not conclusive and is also constantly expanding. If you’re a business that accepts Bitcoin or other forms of cryptocurrency, please reach out to us.
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There are a number of reasons a business may want to accept BTC. One is that transaction fees are generally lower than their credit card counterparts. Additionally, crypto payments are often quicker than payments made through traditional banking systems.
BTC also offers irreversible payments which lowers fraud risk. An issue for many business owners is fraudulent people reversing their payments or transfers, not something that can be done with digital currency payments. As Bitcoin is also completely decentralised, this means that international transactions can be processed much more easily and affordably, with no international exchange fees. This is particularly useful when making purchases with online retailers that don’t support your local fiat currency.
Like with personal cryptocurrency, to hold crypto assets requires a wallet, so businesses will need to set up a cryptocurrency or bitcoin wallet. This is unlike the wallet you keep in your pocket. A cryptocurrency wallet is a software mechanism that is used for storing, receiving and sending crypto assets. Some businesses opt for a hardware wallet, which is a physical device that contains their private wallet keys. Think of this as a PIN number to a bank account. Other vendors and retailers opt for software wallets such as desktop or mobile wallets.
Theoretically, a business can just give the customer their digital wallet address and charge a certain number of Bitcoin. However, as the cryptocurrency market is volatile both customer and seller may be unwilling to do this. The fiat value of BTC could dramatically rise or fall, meaning the sum paid for the product or service is no longer accurate.
In order to resolve this issue, multiple services have arisen that offer merchant services for accepting Bitcoin payments through an alternative payment method. Some crypto businesses offer their own crypto card, allowing users to transfer their crypto in exchange for goods and services with the tap of a card. With the how and why out of the way, you may be wondering where exactly you can spend your crypto in Australia. Below, we’ve provided an extensive list of businesses and stores that accept Bitcoin in Australia.
Globally, thousands of online retailers now accept Bitcoin and other forms of cryptocurrency as payment. This includes everything from major companies and institutions to small online stores. For the sake of this guide, we’ll just be focusing on select Australian retailers.
Zumi is an online retailer that sells electronics. They currently accept Bitcoin as a payment.
Pet Parlour were the first online pet retailer to accept cryptocurrency.
BitShopping sells everything from fitness equipment, to pet supplies, tech and home & garden appliances online. They also accept a wide variety of coins, not just BTC.
Dream PC Australia builds custom PCs and sell PC parts. They now accept crypto payments online.
Cheap Air are an online flight agency that have partnered with BitPay to now directly accept Bitcoin payments.
Launtel, an NBN service provider, accepts digital currency on their internet plans.
UndieGuys stocks a range of brands of men’s underwear.
The Living Room of Satoshi is an online service that allows you to pay any bill or bank with a variety of major coins. All you’ll need are the BPAY or account details, and your crypto wallet.
Crypto Coffee is a cafe based in New Farm in Brisbane. It features TV’s that show live prices of crypto assets and allows customers to pay for their coffee and food with cryptocurrency.
Phoenix Rising Cafe or the Bush Theatre Cafe. Located in Nimbin on Mulgum creek, the cafe accepts bitcoin.
Origin Kebabs. The fast-food chain with stores across QLD now accepts cryptocurrency at select locations including bitcoin, Binance Coin, Ethereum and Litecoin.
Pata Negra Tapas, a tapas and pish restaurant in the leafy suburb of Bardon accepts cryptocurrency as payment.
Paddock & Brew Company, a Mackay restaurant specialising in locally sourced smoked meats & a wide selection of craft beers have accepted a variety of major cryptocurrencies.
Nom Nom Korean is a fusion cuisine in an affordable street-food style in Fortitude Valley that allows Bitcoin payments for your food bill.
IGA X-press Bowen Hills accepts Bitcoin (BTC), Litecoin (LTC) and Binance Coin (BNB) so you can pay for your groceries with cryptocurrency.
Jim’s Jerky is an Australian beef biltong and jerky company that started taking direct debit payments with Bitcoin.
BUDA Organic Foods is a boutique, organic farm in the sunshine coast hinterlands that accepts cryptocurrency payments for their eggs both through their website and in person.
Power Supps in Albany Creek accept crypto for their range of supplements and vitamins.
RealScope is a real estate photography, drone and video production company based in Brisbane’s northern suburbs. They accept a range of crypto payments for their services.
Flower Blinds Brisbane is a local family-owned business located in Woodridge that specialises in the supply and installation of high-quality blinds.
Queensland Solar & Lighting accept cryptocurrency payments for their solar systems.
Budget Shower Screens manufacture and install shower screens across Brisbane. They are located in Clayfield in Brisbane.
Gold Coast Aesthetic Dentistry offers both general and cosmetic dentistry in a luxe clinic in Burleigh Heads and accept all major cryptocurrencies.
Lawless Salon is a hairdresser located in Fortitude Valley.
Alpha Car Hire is located in Fortitude Valley in Brisbane and accepts a range of cryptocurrencies as payment.
Prime Systems is a Brisbane-based business that accepts a variety of cryptocurrencies for its electronic security, data and networking services.
The SG is a Sydney CBD cocktail bar accepting crypto coins.
Green Peppercorn is a Thai and Laos restaurant with locations in Fairfield and Blacktown.
The Owl House is a laid-back style eatery offering fine dining. They are located in Sydney city.
Spawn Point Bar is a videogamer’s paradise, offering drinks alongside a range of old-school and modern consoles and games.
The Cellar By Bouche is a wine bar and restaurant located in Sydney.
Since I Left You is a restaurant and bar which has live music acts. They are located in Sydney.
Greenhouse Cafe is a small cafe serving coffee, doughnuts and snacks in Darlinghurst, Sydney.
Lezzet Grill and Pide House offers outstanding Turkish food and gourmet pizzas. They are located in Surry Hills, Sydney.
Blackstar Pastry and Cafe is a boutique patisserie that claims its Strawberry Watermelon Cake is the “world’s most instagrammable cake.” It is located in Rosebery, Sydney.
Peak Coffee is a wholesale coffee company that sells coffee to businesses and cafes. They are located in Port Macquarie.
Lugarno Pharmacy allows you to purchase your vitamins, prescription medicines, cosmetics and more with cryptocurrency.
Babylikestopony sells women’s fashion and is completely female owned and operated.
Quality Dental in North Sydney specialises in cosmetic dentistry.
Monstrosity Dreadlocks are a leading hairdresser specialising in dreadlocks in the Sydney suburb of Stanmore.
Tamworth Heart Clinic is a cardiologist service in Sydney suburb Tamworth.
Forsyth Real Estate is a real estate agency with predominantly properties on the lower north shore. They take crypto for advertising costs as well as home deposits.
The Little Mule is a Melbourne brunch spot that accepts Bitcoin for its coffees and brekkies.
Third Wave Cafe in Albert Park offers coffees and bites by day and becomes a BBQ join at night.
The Kodiak Club is a Melbourne Bourbon bar and restaurant serving American style food and drinks.
Giuseppe Pizza is located on the Mornington Peninsula and serves, funnily enough, pizzas.
Grumpy’s Green, in true Fitzroy style, is a lounge and live music bar, serving burgers, nachos and other bar favourites.
Vera Chan is a gift store in Melbourne city, offering handmade and unique finds.
Urban Velocity is a bike store that specialises in parts and servicing, alongside high-end bikes.
Dream Vision Sound offer electronics, camera equipment and drones for professional and casual photographers.
Eclectico in St Kilda offers men’s, women’s and children’s fashion.
Another World Computer Centre in Coburg offers pre-built computers, parts, repairs and services.
GlowGolf in Docklands offers mini-golf in the dark.
Bar Biscotti is located in the Perth Central Business District and even offers discounts to patrons who pay with BTC.
Beyond The Trap Door sell lingerie and exotic clothing items in Perth.
Quokka Beds accepts Bitcoin for their sustainable Australian timber beds and latex mattresses. They are located in Wangara, WA.
Broadwater Builds is a home renovation and construction company that accept cryptocurrency payments.
Aiyana Retreat is a destination accommodation for honeymooners and romantic getaways.
Town & Country Mattresses & Beds offer straight from the factory mattresses and bedframes.
Mega Health is a health food store located in Hallet Cove.
A Bitcoin ATM allows a person to purchase Bitcoin and other cryptocurrencies using a debit or credit card. Some Bitcoin ATM’s even offer the functionality of enabling both the purchase of Bitcoin as well as the sale of Bitcoin. This means you can convert Bitcoin into cash and withdraw it on the spot.
Australia now has dozens of Bitcoin ATMs across the country and in most major cities. We’ve listed some key locations below.
There are now ~ 13 Bitcoin and cryptocurrency ATMs in Sydney.
These include Sydney City Conveniences on Elizabeth Street, Kent St, King St, George St and Liverpool Street.
Additional locations include the Metropolitan Hotel on Bridge St, Lucky 7 Crystal Minimart in Waterloo, EzyMart in Earlwood, Lashings Takeaway in Drummoyne and the IGA in Tweed Heads.
There are now ~21 Bitcoin ATMs in Melbourne. We’ve listed some here.
Pran Central Shopping Centre in Prahran and Chadstone Shopping Centre in Malvern East conveniently have bitcoin ATMs.
You’ll also be able to find BTC ATMs at Freo’s Finest in Richmond, D Konnect in Braybrook, Macaulay Cleanskins Wine in Kensington, Armanii’s Cafe in Bundoora, Burgetory in Kew, and Zesty Joe’s Pizza in Narre Warren South.
Souvlaki GR in both Thornbury and Saint Kilda also have Bitcoin ATMs.
South Australia is home to ~6 Bitcoin ATMs.
A few can be found at Port Canal Shopping Centre in Port Adelaide, as well as Supplement Warfare in Norwood, Telechoice in Woodville Gardens and Adelaide Central Plaza in Rundle Mall in the CBD.
Brisbane now has ~9 bitcoin ATMs.
You’ll find them at BLVK Temple Tattoo in Cairns, Second to None Nutrition in Kirwan and the Chevron Renaissance in Surfers Paradise.
ATMs can be found across Brisbane at The Moustachery in Bulimba and Paddington, The Grosvenor in Brisbane CBD, and Jackpot Dining in West End.
Perth has had an increase in crypto ATMs in recent years.
These can now be found at Stanley College in North Bridge, Greg’s Discount Chemist and Freo’s Finest in Fremantle, Cafe935 at East Victoria Park, All Seasons Pizzeria in Maylands, and Techniq Computer Solutions in Karawara.
As cryptocurrency continues its rapid ascent in popularity, there’s no doubt more and more businesses will start accepting Bitcoin as an alternative payment option. If your business offers cryptocurrency payments, or you know of a business that does, get in contact.
If you’re ready to get started with cryptocurrency trading, sign up to Swyftx. You can buy BTC in minutes after you’ve verified your ID, and deposited AUD.