But, in order to do that, depends on the exchange you use.
It sounds like a sales tactic but crypto currency exchanges are being so swamped by new users that they are unable to grant new accounts. Being invited by someone to register your account is a good way around this.
By far the easiest way (perhaps the only way?) to buy crypto with Australian dollars and withdraw back to your bank account is to be invited to this Australian exchange by clicking this link.
Bear in mind that they are still currently unable to keep up with new users, so account verification may take up to 1-2 weeks.
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