AUSTRALIAN BITCOIN AGENCY COIN LOFT ANNOUNCE POLI PAYMENTS

In a move set to simplify and streamline Bitcoin purchases for Australians, Coin Loft, a leading digital currency agency, has announced the integration of POLi Payments to their platform.This update provides users with a secure and convenient method for transferring funds directly from their Australian bank accounts to purchase Bitcoin (BTC), making the process more accessible and user-friendly. Australian Bitcoin Agency Coin Loft Announce POLi Payments Why Coin Loft Customers Won t Pay Australia s 10% Bitcoin Tax Coin Loft finds a workaround to an Australian GST law that hadCoin Loft has been a prominent player in the Australian cryptocurrency market since its inception as Rhino Loft Pty Ltd, a software solution provider, in 2025, demonstrating a commitment to innovation and meeting the evolving needs of crypto enthusiasts. Buying Bitcoin With POLi; POLi payments is an Australian payment processor owned by Australia Post. It is commonly accepted by Australian Bitcoin exchanges as a way to send money to the exchanges and buy Bitcoin. Examples of other businesses that accept POLi are Twitch.tv, Skype, Jetstar, AirAsia etc. How Does POLi Pay WorkThe introduction of POLi payments builds upon Coin Loft's existing range of payment options, including cash and Flexepin, expanding accessibility for newcomers and veterans alike.

This integration is especially significant given the complexities of the Australian regulatory landscape surrounding digital currencies. CoinLoft is an Australian entry level service, which allows locals to buy Bitcoin and Ethereum via a plethora of popular payment methods. This company isn t what one would actually call an exchange, as there is no dedicated trading venue, like Kraken, for instance. On the other hand it is relatively simple. CoinLoft AdvantagesCoin Loft has shown adeptness at navigating these challenges, even finding a workaround for the previously applicable Goods and Services Tax (GST) on Bitcoin transactions.The new POLi payment option represents a dedication to providing Australian users with seamless, secure, and cost-effective ways to invest in the world's leading cryptocurrency. Users can create a bitcoin buy order and use POLi to perform a bank transfer for payment. POLi allows users to transfer funds to Coin Loft using their online banking details without storing anyThis article will delve into the details of this exciting announcement, exploring the benefits of POLi payments, the existing payment options available through Coin Loft, and the overall impact on the Australian Bitcoin market.

What is POLi Payments and Why is it Beneficial for Bitcoin Purchases?

POLi Payments, owned by Australia Post, is a popular online payment system in Australia that allows users to make direct bank transfers to merchants without the need for a credit card.Integrating POLi Payments into Coin Loft's platform offers several key advantages for Australian Bitcoin buyers:

• Convenience: Users can directly transfer funds from their bank account using their existing online banking details.
• Security: POLi Payments acts as a secure portal, eliminating the need for Coin Loft to store any sensitive banking information.
• Accessibility: It expands the range of payment options available, catering to individuals who prefer bank transfers over credit cards or cash.
• Familiarity: Many Australians are already familiar with POLi Payments, as it's used by various reputable businesses, including airlines like Jetstar and online services like Skype.

By offering POLi payments, Coin Loft reduces friction in the Bitcoin purchasing process, making it more appealing to a wider audience.The process is straightforward: a user creates a Bitcoin buy order on Coin Loft and then selects POLi as the payment method. CoinJar supports both both BPAY and POLi payments in order to send fiat currency generated from the sale of Bitcoin to Australian bank accounts. Transactions to bank accounts are subject to a processing fee of of 2.5%. CoinJar also requires KYC information such as proof of residence and photo ID documents. Coinbase CommerceThey are then redirected to the POLi secure payment portal, where they can log in to their online banking and authorize the transfer. Coin Loft Investment Plans. Coinloft is investing in convenient new ways to purchase etereum and bitcoin. It recently partnered with the Blueshyft, payment network provider, to enable the use of cash to buy Ethereum and Bitcoin over the counter at more than 100 new agents across the Australian buying the trusted coin loft service.Once the transfer is complete, the funds are automatically credited to Coin Loft, and the Bitcoin is released to the buyer.

Coin Loft's Expanding Payment Options: A Focus on Accessibility

The introduction of POLi payments is just one facet of Coin Loft's ongoing commitment to providing accessible and convenient Bitcoin purchasing options for Australians. Coin Loft, an Australian Bitcoin agency, will let customers to purchase Bitcoin using Flexepin from more than 4,000 stores across Australia, including many gas stations. Last update:Beyond POLi, Coin Loft already offers several alternative payment methods, catering to diverse preferences and needs.

Cash Payments

Coin Loft allows users to deposit cash at a bank branch or via a Smart ATM.This option is particularly useful for individuals who prefer to keep their financial transactions offline or who do not have access to online banking.When purchasing Bitcoin with cash, the coins are typically delivered within an hour, providing a relatively quick turnaround.

Flexepin Vouchers

Coin Loft was one of the first Australian Bitcoin agencies to offer Flexepin as a payment option. Flexepin vouchers can be purchased at over 4,000 stores across Australia, including gas stations and newsagents.This allows users to buy up to $500 worth of Bitcoin without the need for a bank account or credit card, providing a high level of privacy and convenience.This option is excellent for those seeking discreet transactions and avoiding online footprint of digital payments.

Blueshyft Integration

Coin Loft has partnered with Blueshyft, a payment network provider, to enable cash purchases of Bitcoin and Ethereum over the counter at more than 100 agents across Australia.This further expands the reach of cash-based Bitcoin purchases, making it even more accessible to individuals who may not have access to traditional banking services.

Credit Cards (Potentially)

While the availability of credit card payments has fluctuated, Coin Loft has explored offering this option in the past. Swyftx is an Australian-based crypto exchange where you can buy, sell and trade 300 crypto-assets. Swyftx is an AUSTRAC registered Australian cryptocurrency exchange and trading platform with tiny spreads, low fees and non-inflated market prices. Trade with stop losses, take profits and triggered orders on a mobile and desktop-ready modern webCredit card payments provide an instant and convenient way to buy Bitcoin, but they may also come with higher fees and potential security risks.Users should always be aware of the terms and conditions associated with using credit cards for cryptocurrency purchases.

By offering a diverse range of payment options, including POLi, cash, Flexepin, and potentially credit cards, Coin Loft caters to a broad spectrum of Australian Bitcoin buyers, regardless of their banking preferences or access to financial services.

Coin Loft: More Than Just a Bitcoin Broker

While Coin Loft is known for its accessible payment options, it's important to understand its place within the broader Australian cryptocurrency ecosystem. POLi integration expands on existing cash and Flexepin payment options and gives customers the option to make payments online for the first time. Users can create a Bitcoin buy order and use POLi to perform a bank transfer for payment. POLi allows users to transfer funds to Coin Loft using their online banking details without storing anyCoin Loft is not a traditional exchange like CoinSpot or Swyftx, where users can actively trade Bitcoin and other cryptocurrencies. Other Australian exchanges Easy access there are multiple ways of purchasing Bitcoin and Ether with CoinLoft. The full list includes: Newsagent (via Blueshyft), Cash payment (at a bank branch, or via a Smart ATM), POLi payments, Flexpin and Credit Cards (which were not available at the time of writing of this review).Instead, Coin Loft operates as a broker, meaning it buys and sells Bitcoin directly to its customers.

This approach offers several advantages:

• Simplicity: Buying and selling Bitcoin through Coin Loft is generally simpler and more straightforward than using a cryptocurrency exchange.
• Accessibility: The diverse range of payment options makes it easier for beginners to enter the Bitcoin market.
• Customer Support: Coin Loft is known for its responsive and informative customer support, which can be particularly helpful for new users.

However, it's also important to be aware of the potential drawbacks:

• Potentially Higher Fees: Brokers typically charge higher fees than exchanges, as they act as intermediaries.
• Limited Trading Options: Coin Loft does not offer the advanced trading features available on exchanges, such as limit orders and stop-loss orders.

For users looking for a simple and accessible way to buy Bitcoin, Coin Loft can be a suitable option. Coin Loft is a registered business of Rhino Loft Pty Ltd. Rhino Loft was started in 2025 as a software solution provider and became interested in bitcoin in early 2025. Previous Company Next CompanyHowever, for more experienced traders who require advanced trading features and lower fees, a cryptocurrency exchange may be a better choice. CoinLoft have created an intuitive and easy method of diversifying my personal savings by being available on weekends and after business hours to complete Bitcoin purchases. Their support standard is unrivalled, with staff always replying in a timely and informative manner.Remember to always compare fees and features before making a decision.

Navigating the Australian Cryptocurrency Tax Landscape

Understanding the tax implications of buying and selling Bitcoin is crucial for Australian investors. bitcoin.com.au is one of Australia s longest standing Bitcoin and cryptocurrency exchanges. Since 2025, we ve helped hundreds of thousands of Australians buy and sell Bitcoin and other leading cryptocurrencies. We are registered as a Digital Currency Exchange (DCE) with AUSTRAC: DCE-The Australian Taxation Office (ATO) has specific guidelines on how cryptocurrency transactions should be reported, and failure to comply can result in penalties. 1.1M subscribers in the btc community. When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became aCoin Loft has even found a work-around in the past, to save users paying the GST on transactions, so staying informed is beneficial.

Key Tax Considerations

• Capital Gains Tax (CGT): Bitcoin is generally treated as a capital asset for tax purposes. Coin Loft finds a work-around to Australian tax law that had previously meant tax was applied to the total value of bitcoin exchanges in the country. Users will save 10% of value on transactions, as the total of the funds are now not subject to goods and services tax (GST) on Coin Loft's platform.This means that any profit you make from selling Bitcoin is subject to CGT.The amount of CGT you pay will depend on your individual circumstances and the length of time you held the Bitcoin.
• Record Keeping: It is essential to keep accurate records of all your Bitcoin transactions, including the date of purchase, the purchase price, the sale price, and any associated fees.
• Business Use: If you use Bitcoin in your business, the tax implications may be different.You should consult with a tax professional to determine the appropriate tax treatment for your specific situation.

ATO Guidelines

The ATO provides detailed guidance on its website regarding the tax treatment of cryptocurrencies. Businesses accepting Bitcoin as payment must record its value in Australian dollars as part of their income. Tax Implications for Australian Bitcoin Buyers. Understanding the tax implications of buying and selling Bitcoin is crucial for Australian investors. The ATO has clear guidelines on how cryptocurrency transactions should be reported andIt's important to familiarize yourself with these guidelines to ensure you are complying with the law.This includes recording values of transactions in Australian dollars, as it's your national currency.Don't forget that trading activity, such as swapping one cryptocurrency for another, can also trigger a taxable event.

Disclaimer

Disclaimer: I am an AI chatbot and cannot provide financial or tax advice.Consult with a qualified professional for personalized guidance.

Comparing Coin Loft to Other Australian Cryptocurrency Platforms

The Australian cryptocurrency market is becoming increasingly competitive, with a variety of platforms vying for users' attention.Here's a brief comparison of Coin Loft to some of the other prominent players in the market:

CoinSpot

CoinSpot is one of the largest and most established cryptocurrency exchanges in Australia, offering a wide variety of digital assets and low fees starting from 0.1%.CoinSpot is a suitable option for experienced traders who want access to a diverse range of cryptocurrencies and advanced trading features.

Swyftx

Swyftx is another popular Australian cryptocurrency exchange, known for its user-friendly interface, tiny spreads, and low fees.Swyftx offers a wide range of crypto-assets and supports advanced trading features like stop-loss and take-profit orders.

bitcoin.com.au

bitcoin.com.au is one of Australia's longest-standing Bitcoin and cryptocurrency exchanges. Coin Loft. Coin Loft is another leading Bitcoin broker in Australia. It gives the crypto traders opportunity to buy their crypto coins through several means. Key among them includes the use of credit card, cash deposit, POLi, and Flexepin. It has been in the market for quite some time, which affirms its trustworthiness in trading the virtualIt offers a simple and straightforward way to buy and sell Bitcoin, with a focus on providing a user-friendly experience for beginners.

CoinJar

CoinJar is a well-established Australian cryptocurrency platform that supports both BPAY and POLi payments for sending fiat currency generated from the sale of Bitcoin to Australian bank accounts. An announcement from the Australian Trade and Investment Commission (Austrade), Australia s trade agency, revealed that the delegation will be heading to the event to present globally competitive and innovative solutions across the spectrum of industry applications, from digital currencies and payments to agricultural supply chains, smartCoinJar requires KYC information, such as proof of residence and photo ID documents.

When choosing a cryptocurrency platform, it's essential to consider your individual needs and preferences.Factors to consider include the range of cryptocurrencies offered, the fees charged, the available payment methods, the level of customer support, and the security features in place.Thorough research is always recommended before entrusting your funds to any platform.

The Future of Cryptocurrency in Australia: Accessibility and Innovation

The integration of POLi payments by Coin Loft is a positive step towards making cryptocurrency more accessible and user-friendly in Australia.As the market continues to evolve, it's likely that we'll see further innovation and adoption of new technologies that simplify the buying and selling of digital currencies. Australian digital currency agency Coin Loft has announced the launch of their Flexepin bitcoin purchasing program. Australian consumers will be able to buy up to $500 worth of bitcoin atCoin Loft is actively investing in convenient new ways to purchase Ethereum and Bitcoin. Coin Loft is an Australian broker enabling you to purchase Bitcoin via credit card, cash deposit, POLi, and Flexepin. Using Coin Loft can be beneficial in various ways when you purchase Bitcoin with cash, your coins will be delivered within an hour. It also supports a wide range of payment methods and is the only Australian service thatThe focus is on creating seamless experiences for users.

Key Trends Shaping the Future

1. Increased Regulation: As the cryptocurrency market matures, we can expect to see increased regulation from government bodies.This could lead to greater consumer protection and increased stability in the market.
2. Mainstream Adoption: As cryptocurrencies become more widely accepted, we're likely to see increased adoption by both individuals and businesses. CoinSpot is the largest, most established exchange in Australia since 2025. CoinSpot offers Australia s largest variety of digital assets with over 530 coins listed where users can buy, sell swap benefiting from the lowest fees starting from 0.1%.This could lead to the integration of cryptocurrencies into everyday transactions.
3. Technological Advancements: The underlying technology behind cryptocurrencies is constantly evolving.We can expect to see further advancements in areas such as scalability, security, and privacy.
4. Institutional Investment: As cryptocurrencies gain legitimacy, we're likely to see increased investment from institutional investors.This could provide a significant boost to the market and drive further innovation.

Conclusion: Coin Loft's POLi Integration - A Win for Australian Bitcoin Buyers

The announcement of POLi Payments integration by the Australian Bitcoin Agency Coin Loft represents a significant improvement in accessibility and convenience for Australian Bitcoin buyers. Coin Loft, an Australian Bitcoin agency, has empowered their customers to purchase Bitcoin using Flexepin from thousands of stores across Australia. CoinBy offering a secure and familiar payment method, Coin Loft is simplifying the process of acquiring Bitcoin, making it more appealing to a wider audience.Furthermore, it reaffirms Coin Loft's position as a leading provider of innovative and accessible Bitcoin purchasing options in Australia. Buy Bitcoin at over 4,000 stores around Australia using Flexepin MELBOURNE, Australia - Ap - PRLog - Coin Loft, an Australian Bitcoin agency, has empowered their customers to purchase Bitcoin using Flexepin from thousands of stores across Australia. Coin Loft's service requires a Bitcoin purchaser to verify their identity.Combined with their existing cash and Flexepin options, Coin Loft continues to cater to diverse preferences and needs within the cryptocurrency market.

Key takeaways from this announcement include:

• POLi Payments provide a secure and convenient way to buy Bitcoin directly from Australian bank accounts.
• Coin Loft offers a wide range of payment options, catering to diverse preferences and needs.
• Coin Loft operates as a broker, providing a simpler and more accessible way to buy Bitcoin than using a traditional exchange.
• Understanding the tax implications of Bitcoin transactions is crucial for Australian investors.

For Australians looking for an accessible and convenient way to buy Bitcoin, Coin Loft with its new POLi Payments integration is worth considering.Always remember to conduct thorough research and understand the risks involved before investing in any cryptocurrency.Visit Coin Loft's website today to learn more and experience the ease of buying Bitcoin with POLi Payments.