crypto exchanges in Australia
With so many crypto exchanges in Australia, picking the right one can be tough. We’ve simplified the process by evaluating the top six and highlighting their essential features.
Top Aussie Crypto Exchanges: Which Are Best?
| Exchange | Fees | Cryptocurrency | CoinLedger Rating |
| eToro Australia | 1% fees | Less than 100 cryptocurrencies (plus access to stocks!) | 9.2/10 |
| Crypto.com | 0.075% trading fees | 300+ | 9.0/10 |
| Independent Reserve | 0.02%-0.5% | 15+ | 8.8/10 |
| BTCC | 0.03% spot trading fees | 300+ | 8.9/10 |
| CoinSpot | 0.1% on spot trading | 440+ | 9.6/10 |
| Swyftx | 0.1% – 0.6% depending on trading volume | 320+ | 9.4/10 |
| Kraken | 0 – 0.26% fees on Kraken Pro | 200+ | 9.3/10 |
| Pionex | 0.05% on spot trading | 120+ | 9.1/10 |
| Coinbase Australia | 0 – 1% on Coinbase Advanced (however, fees can be higher depending on multiple factors — including market conditions) | 120+ | 9.6/10 |
| CoinJar | 1% on most transactions, 2% on instant buys | 60+ | 9.2/10 |
Pionex
Maximize your crypto returns with Pionex! Our exchange offers free trading bots that automate transactions, taking your investing to the next level. Seamlessly integrate bot trading into your strategy today.
- Fees: 0.05% on spot trading
- Cryptocurrencies supported: 120+
- CoinLedger Rating: 9.1/10
Binance
Binance, an international cryptocurrency exchange, offers investors a wide array of digital assets for trading. Boasting advanced trading and investment features, it includes options like cryptocurrency futures, margin trading, and leveraged trading. One of its standout offerings is decentralized finance services, including staking, savings, and crypto-backed loans. Unlike many Australian exchanges, Binance also facilitates trading in various fiat currencies. The straightforward identity verification process at Binance only requires basic details like government-issued ID, phone, and email verification. Your verification level and the market you’re trading in determine your trading limits. For instance, fiat currency trades are capped at $5,000, while withdrawal limits start at 2 BTC or its equivalent value in AUD. Binance, with its comprehensive suite of services and user-friendly verification process, is a leading platform for cryptocurrency trading and investing. Binance, despite being hacked in 2019, stands tall as one of the most secure cryptocurrency exchanges in Australia. Offering a Binance Visa card, the platform enables users to utilize their crypto for everyday transactions, with over 60 million merchants worldwide accepting it. Furthermore, Binance recently introduced the Binance Coin, providing significant discounts on trades for all BNB token holders.
- Binance Australia
- Pros: World-class exchange with significant liquidity. Trading fees start at 0.1% for maker and taker orders. Features an advanced trading interface accessible on desktop and mobile apps, along with a wide range of crypto services and features.
- Cons: Can be too complex for those seeking a simple buy-and-hold crypto experience. Limited deposit options specifically for Australians.
BTCC
BTCC, serving over 1 million users globally, offers margin trading up to 225x. The platform, which was established in 2011, has become renowned for providing users with powerful trading options.
- 0.03% spot trading fees
- 300+ cryptocurrencies
- CoinLedger Rating: 8.9/10
Swyftx – Topping Australia’s 10 Best Exchanges
Swyftx, a trading platform that has garnered over 4,600 reviews on TrustPilot with an average rating of 4.6/5, earns a spot on our list due to its continuously improved user experience catering to individuals. Verified users can deposit Australian Dollars (AUD) to quickly purchase over 350 cryptocurrencies, utilizing various payment methods including bank transfers, POLi, credit/debit cards, PayID, and cryptocurrencies from external wallets. Additionally, Swyftx offers a referral code for new users to receive $20 in free Bitcoin. One of the standout features is the customizable dashboard, which provides an excellent tool for tracking the digital currencies in your wallet. Furthermore, they offer crypto bundles, groups of crypto assets that can be purchased in a single transaction or recurring orders. As for fees, Swyftx charges between 0.1% and 0.6% depending on the order value, making it a competitive option in the market. New to crypto? Swyftx offers a demo mode for trading practice, no real funds needed. And when you’re ready, deposit AUD from your bank account sans any fees, and start trading for real.
- Swyftx Pros:
- Offers a wide range of cryptocurrencies for buying and selling.
- Features a demo mode with $10,000 of virtual AUD.
- Boasts excellent customer ratings and reviews on TrustPilot.
- Includes an integrated TradingView charting package with advanced tools and indicators.
Kraken
Looking for the top crypto exchanges in Australia? Kraken stands out, serving global investors from its US base. With competitive fees and support for complex transactions, it’s a hit among seasoned traders. Discover why Kraken and nine other leading platforms are the best in the Aussie market.
- Fees on Kraken Pro: 0 – 0.26%
- Cryptocurrency selection: 200+
- CoinLedger Rating: 9.3/10
CoinSpot
With over 2.5 million users and 440+ cryptocurrencies, CoinSpot stands as a veteran exchange in Australia since 2013, providing reliable services and a wide range of digital assets for traders.
- Fees: 0.1% on spot trading
- Cryptocurrency selection: 440+
- CoinLedger Rating: 9.6/10
Which Crypto Exchanges Support Australian Dollars?
Boost your crypto trading! Binance, Kraken, Bitget, KuCoin, and Exolix now accept AUD, making it easier for Aussies to buy and sell digital assets.
Which Bitcoin Wallet in Australia is the Top Choice?
Looking for the top Bitcoin wallet in Australia? Consider Ledger for hardware security or user-friendly mobile and desktop options like Exodus and Trust Wallet, known for their robust safety features. The best choice depends on your unique needs, but these are among the most popular.
Which Australian Banks Permit Bitcoin Purchases?
Generally, major Australian banks like Commonwealth Bank, ANZ, Westpac, and NAB allow cryptocurrency transactions. However, it’s crucial to consult your bank for specific restrictions or policies as individual experiences may differ. Ensure a smooth crypto journey by staying informed about your bank’s stance on digital currencies.
Does Australia Have Bitcoin ATMs?
Bitcoin ATMs are popping up across Australia, offering convenient cash-to-Bitcoin transactions. These machines, found in major cities, enable users to effortlessly purchase or sell Bitcoin with cash. As their availability increases, accessing Bitcoin has become easier for Australians.
