According to the Gate platform, as of July 11, 2025, 11:00, the price of Bitcoin is 116,542.9 USDT, with a 24-hour increase of +4.99%, marking the largest single-day increase in the past two weeks. This round of increase is accompanied by a significant expansion in trading volume, with the price peak once reaching 117,341.4 USDT, demonstrating a strong bullish trend.
For Australian investors, the new high in BTC prices means that the cost of exchanging AUD for BTC has significantly increased.
So how much does it cost to buy 1 Bitcoin with Australian dollars now?
The calculation logic is as follows:
Exchange price (AUD) = BTC to USDT price × USDT to AUD exchange rate
So: 1 BTC ≈ 116,542.9 × 1.50 ≈ 174,814.35 AUD
In other words, if you buy Bitcoin with Australian dollars, the current price of one BTC is close to 175,000 Australian dollars, which is an increase of over 10% compared to a month ago.
If you only want to buy 0.01 BTC, you still need about 1,748 AUD, which is still a considerable expense.
The cost-effectiveness of exchanging AUD for BTC is influenced by two main factors:
Conclusion: Unless you are optimistic about BTC continuing to rise in the short term, you may consider buying in batches and waiting for a pullback to add to your position.
Path One: Local platforms in Australia (such as Independent Reserve, Swyftx)
Path 2: Exchange USDT first, then exchange BTC (e.g., Gate platform)
Due to the fluctuations of BTC and AUD, beginners should pay attention to the following points when exchanging:
As BTC surpasses the $116,000 mark, AUD investors need to face higher entry barriers and a more complex exchange rate environment. However, as long as they grasp the correct exchange logic and strategies, they can still share in the profits during a bull market.
If you plan to invest in BTC for the long term, it is recommended to gradually invest while utilizing the USDT exchange function on the Gate platform to optimize your exchange path and reduce coin exchange costs.