Australia has become a growing market for use of cryptocurrency with awareness amongst Australian consumers reaching a new high of 95 per cent. Despite this, recent 2024 data suggests almost half of the Australian population are hesitant to buy cryptocurrency. We know common misconceptions and reasons for the hesitancy include beliefs the pricing market is too volatile and that any investment in cryptocurrency is deemed “too risky”. While these statements are not true, Australia continues to see a rise in scams and fraud across varying sectors, meaning the importance of knowing how to safely purchase cryptocurrency has never been more crucial. Knowledge in this market is key which is why Localcoin ...