Trade eight cryptocurrencies on our awarded platform that's backed by over 30 years' experience.
There's a world of investment at your fingertips.
Trade eight cryptocurrencies on our awarded platform that's backed by over 30 years' experience.
There's a world of investment at your fingertips.
We've partnered with blockchain infrastructure provider, Paxos, to power our digital asset offering. This gives you the best of both worlds - hot wallets are used to provide liquidity, while the majority of your portfolio is kept offline in cold storage. Best of all, the split is managed seamlessly in the background, so you don't need to worry about manual wallet transfers.
Crypto trading is integrated into our trading platform, so you can easily find the coins you want to trade. There's no need to pre-load a virtual wallet with foreign currency, since your trades are placed directly from your available AUD balance. Plus, you can get started with a minimum trade of just $25, plus fees and charges. Thanks to crypto's blockchain foundations, you won't need to wait for markets to open to place a trade. This means you can trade virtually 24/7, subject to occasional downtime.
To start trading crypto, you'll need to open a CMC Invest account. This is your key to a world of investment possibilities, powered by our powerful charting tools and market insights. Your trading account comes with access to over 45,000 stocks and ETFs as standard. You can then opt-in to access unregulated blockchain assets like crypto.
There's a reason we're Australia's favourite non-bank stockbroker.
We keep our fees simple, so you can focus on navigating the markets, not pricing tables.
A flat brokerage of 0.9% applies to all cryptocurrency orders.
Since crypto is transacted in USD, an FX spread will also apply to your order. Find out more in our Terms of Service.
Mining is the process of adding new transaction records as blocks to the existing blockchain. Miners use specialised hardware and software to compete to solve complex mathematical problems and add new blocks to the blockchain. Once a block is added - the miner who successfully added it is rewarded with new units of cryptocurrency known as 'block rewards'. Miners can inject these units directly back into the market. Due to their crucial role in the process, miners have a degree of ownership over their bitcoins within the blockchain.
The blockchain is a shared digital ledger which holds a record of all bitcoin transactions. Each cryptocurrency transaction is grouped together into 'blocks' by miners, who compete to add new blocks to the blockchain by solving complex mathematical problems. In return, miners are rewarded with newly created bitcoins.
The transactions are then cryptographically secured before they are added to the existing blockchain. Each 'node' or computer connected to the network automatically downloads a copy of the blockchain which allows everyone to track transactions without the need for central record keeping.
The blockchain is accessible to everybody at any time. The shared record can't be changed without the agreement of the rest of the network.
A cryptocurrency refers to a type of digital asset created from code. They were initially designed to provide an alternative payment method for online transactions, however, cryptocurrencies are not yet widely accepted for all transactions as some consider them too volatile to be suitable as methods of payment.
No, the CMC Invest crypto offering is a closed loop. You may only buy and sell cryptocurrencies on the CMC Invest platform and cannot transfer cryptocurrencies in or out of your trading account on the CMC Invest platform.
Important: Please take note of this limitation before making any decisions to buy, sell, or hold any cryptocurrencies via the CMC Invest Platform.
As of October 2023, cryptocurrency trading in Australia is currently not subject to specific regulatory oversight, and cryptocurrencies may not enjoy the same level of protection as regulated financial products. However, at CMC Invest, we are committed to providing excellent service and will strive to address any issues or concerns you may have.
CMC Invest has partnered with Paxos, a trusted provider that uses enterprise-grade technology to ensure that its solution is resilient and secure.
There are significant risks associated with trading cryptocurrencies due to their highly volatile nature. Note, the following list of risks provided is not exhaustive:
Cryptocurrencies are highly volatile assets, and as such, there is a potential for significant financial losses including total loss of investment over a short period of time;
Stablecoin categories of cryptocurrencies also pose risks and may undergo a decline in their market value, possibly leading to partial or total loss of investment;
Cryptocurrencies, being digital assets, are susceptible to fraud, cyberattacks, and technical issues, which may lead to you losing your cryptocurrency;
The value of a cryptocurrency may be contingent on the ongoing willingness of market participants to exchange fiat currency for it, and in the event the market for that cryptocurrency collapses, there is a potential for a permanent and total loss of value;
A cryptocurrency transaction, once executed, may be irreversible and as a consequence, losses incurred as a result of fraudulent or accidental transactions may not be recoverable;
Buying or selling cryptocurrencies may lead to novel tax implications and tax reporting obligations; and
You may suffer market losses during periods of heightened volatility in the price and volume of specific cryptocurrencies, particularly when system issues arise, leading to the your inability to buy or sell when you want to.
You can buy or sell cryptocurrency from our user-friendly mobile app or desktop platform. Enjoy transparent costs with brokerage of 0.9% (plus FX fees). Simply log into your CMC Invest account, opt-in and carefully read the Cryptocurrency Terms and Conditions and risk disclosures to start trading crypto.
Investing in cryptocurrencies carries significant risks and is not suitable for all investors. You may lose all your money you paid. Consequently, you should consider the information in light of your objectives, financial situation and needs and do your own research. It’s important for you to consider the relevant Cryptocurrency Trading Terms and Conditions and other associated disclosure documents on CMC Markets Invest website before you decide whether or not to acquire any of the Cryptocurrencies. Past performance is not a reliable indicator of future performance. Please also note that you are not currently able to send Cryptocurrencies to or from your trading account, or use Cryptocurrencies purchased on CMC Markets’ Platform to pay for goods or services. The provision of cryptocurrency services and products will not be treated similarly to the provision of regulated financial services or products and cryptocurrency traders will not benefit from the same client protection provisions offered by the Corporations Act 2001 (Cth) as they would when trading regulated financial products or receiving regulated financial services. Cryptocurrencies are held with sub-custodian Paxos. The content on this website page may contain information based on materials published by third parties. CMC Markets Invest makes no representations as to the accuracy or completeness of such information and accepts no responsibility or liability in connection with any reliance on such information.