Guide·Never done this before? Start here
Four steps.
That’s the whole thing.
Dollars in your bank, through to a paid order. We take Bitcoin, Litecoin and other major coins — this walkthrough uses Bitcoin, and the others work the same way.
- About 40 minutes, first time
- Two free apps
- No experience needed
Where your money goes
- Your bank Australian dollars
- An exchange CoinSpot
- Your wallet Exodus — only you
- Us Order paid
The middle step is the one people ask about. Crypto sitting on an exchange is held by the exchange; moving it to a wallet of your own first means the payment comes from you and nobody else.
Have these ready
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Photo ID
Licence or passport. Exchanges are legally required to check.
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Your banking app
With PayID set up — it makes the deposit near-instant.
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Your phone
Plus an authenticator app. Google Authenticator or Authy.
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An email address
One you actually read. Verification links go there.
The walkthrough
Tap a step for the detail
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01 Buy the Bitcoin Turn dollars into Bitcoin on an Australian exchange. Bank transfer in, Bitcoin out. CoinSpot 20 min 5 steps
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01
Open a CoinSpot account
Download the CoinSpot app or go to coinspot.com.au. Register with a strong, unique password and turn on two-factor authentication.
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02
Verify your identity
Upload your licence or passport when prompted. Usually approved within minutes, but leave room for it to take longer the first time.
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03
Deposit your dollars
Use the PayID shown in CoinSpot and send from your banking app. Copy their reference code exactly — a deposit without it can go missing. Transfers to an exchange are sometimes held for review by your bank, which is normal and clears on its own.
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04
Add a little extra
Deposit roughly 5–10% more than your order total. That covers the exchange’s fee and the network fee, so you are not left a few dollars short at the end.
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05
Swap it for Bitcoin
Tap Buy/Sell, choose Bitcoin, enter the amount, confirm. It lands in your CoinSpot wallet straight away.
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02 Get your own wallet A wallet only you control. This is the step most people skip and later regret. Exodus 5 min 2 steps
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01
Install Exodus
Free, from the App Store or Google Play. Open it, choose Create New Wallet, then set a passcode.
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02
Write down your recovery phrase
Twelve words, on paper, kept somewhere safe. Do not screenshot it and do not store it in your notes or photos. Anyone with those words can take everything in the wallet, and nobody can restore it for you if you lose them.
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03 Move it across Off the exchange and into the wallet you control. CoinSpot → Exodus 10 min 2 steps
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01
Find your receiving address
In Exodus tap Bitcoin, then Receive. Make sure it is Bitcoin (BTC), not Bitcoin Cash or anything else. Copy the address — it starts with bc1.
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02
Send it across
Back in CoinSpot go to Wallets, Bitcoin, Send, and paste the address in. Check the first four and last four characters match what Exodus showed you, then send.
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04 Pay for your order Straight from your wallet to us. No processor in between. Exodus → Helios 5 min 3 steps
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01
Copy the address from your invoice
Checkout gives you an address for that order specifically. Use the one on the invoice in front of you, never an old one from a previous order.
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02
Send the exact amount shown
Enter the amount the invoice asks for. Do not subtract the network fee — Exodus takes that separately, which is what the extra you deposited earlier is for.
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03
Confirm, then wait for the network
Slide to send. The payment needs a confirmation or two on the blockchain before it settles, usually minutes. Your order updates on its own once it does.
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01
Read this bit twice
Rules that cost people money
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Your recovery phrase is the money
Those twelve words are the wallet. Share them and your funds are gone; lose them and they are gone just the same. Nobody from Helios will ever ask you for them.
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Nothing can be reversed
A blockchain payment cannot be cancelled or charged back. Check the address before you send, every time.
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Check both ends of the address
Compare the first four and last four characters against what you copied. Clipboard-hijacking malware swaps addresses, and the middle looks convincing.
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Not on public Wi-Fi
Use mobile data or a VPN when you are moving money around.
Stuck partway through? Message us on Threema or email [email protected] and we’ll walk you through it.
Crypto payments
Why Helios takes crypto
Fast, private payments that confirm without a bank in the middle.
Paying with Bitcoin or Litecoin keeps your order between you and us. No card details are stored, there are no chargeback holds, and your order is released for dispatch as soon as the payment confirms on-chain. Litecoin usually confirms within minutes; Bitcoin can take up to an hour.
Which coin should I use?
Litecoin is the cheaper and faster option for most orders. Bitcoin is the most widely held and is supported by every exchange. Either way, send the exact amount shown at checkout to the address on your order page, and make sure the amount that arrives matches. Exchange withdrawal fees come off the top.
Buying coin for the first time
An Australian exchange such as CoinSpot lets you buy coin with PayID and send it straight to the address on your order. The step-by-step walkthrough above covers every screen. Once the payment is broadcast, your order page updates on its own. If anything looks off, contact us with your order number.