Binance alternatives
Compare the best alternatives to Binance for Australian crypto traders.
Written by
Andrew Boyd
|
Verified by
David Boyd
Updated 9 Apr 2025
|
Rates updated regularly
Comparing of 10 Binance alternatives
On website
Highlights
- Buy and sell hundreds of cryptocurrency coins, assets, tokens and digital currencies. Binance has a larger range.
- Has a demo account feature, which is not available in Binance.
- Aussie-owned and developed making it much easier to comply with ATO regulations compared to Binance.
Pros
Cons
On website
eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Highlights
- Take advantage of eToro's CopyPortfolios, a combination of cryptocurrency trading and traditional fiat trades, which is not available in Binance.
- Stands out as one of the few platforms that offer users the ability to purchase crypto currencies via PayPal in combination with various other payment options.
- Extremely safe track record as a platform and highly regulated, whereas Binance has come under the scrutiny of regulators in several countries.
Pros
Cons
On website
Highlights
- Trade digital assets against fiat currencies such as AUD, USD, NZD and SGD, including stable coins, altcoins and DeFi tokens.
- Insures against the theft or loss of any cryptocurrency held in an Independent Reserve trading account provided by British insurance company (Lloyd’s).
- Lacks an app unlike Binance, whose app is available for iOS and Android.
Pros
Cons
Not available for application via this website
Highlights
- Gemini doesn’t have as many tradable assets compared to Binance, which is about as good as you can get in terms of trading pairs.
- Considered safe as a Limited Liability Trust Company under New York Banking law.
- Directly trade between buyers and sellers through the Gemini Clearing portal (peer-to-peer trading).
Pros
Cons
On website
Finty may be compensated when you click on the link.
Highlights
- Ranked as one of the top crypto exchanges in the world by traffic, liquidity, and trading volumes.
- Provides institutional cryptocurrency storage, a cryptocurrency payments network for companies, and its own cryptocurrency, USD Coin (USDC), which is a stable cryptocurrency pegged to the US dollar.
- Trade on Coinbase or Coinbase Pro, a premium service that offers the ability to perform crypto-to-crypto transfers and other sophisticated trades.
- Binance is known for their responsive customer service, including via live chat and Twitter. Coinbase is not as competitive in this regard.
Pros
Cons
Not available for application via this website
Highlights
- Buy and sell cryptocurrencies with AUD or BTC.
- Tailor your trading experience in over 21 markets.
- BTC Markets implement industry-recognized best security standards, including personal data encryption, internal control limits, and off-site cold wallet storage.
On website
Highlights
- A respected Aussie-owned exchange with an easy-to-use interface.
- If you are an OTC and SMSF investor, you can buy or sell Bitcoin instantly, or trade in the open market to speculate and earn possible gains with competitive trading costs.
- Deposit funds via bank transfer using POLi payments, PayID, BPAY and direct deposit, but not credit and debit cards like you can with Binance.
- Offers AUD as the only fiat currency. Binance supports AUD and many other currencies.
Pros
Cons
Not available for application via this website
Highlights
- An excellent alternative for both new and seasoned cryptocurrency investors looking for top-notch security, cheap trading fees, and a wide selection of tradable cryptos.
- If you are an advanced investor, you can trade with margin on Kraken, plus use stop orders and crypto short sales.
- Withdraw and transact with SWIFT, SEPA, domestic, and wire transfers (SWIFT transfers are not available in Binance).
Pros
Cons
On website
Highlights
- Much fewer options for trading compared to Binance, which is a market leader.
- Coinjar is known for making crypto easy, even for beginners thanks to innovations such as a crypto debit card and crypto EFTPOS card.
- Deposit funds using a credit card or debit card (Visa and Mastercard) to buy crypto.
Pros
Cons
On website
Highlights
- Crypto trading on Cointree is easy thanks to a clean interface and readily available customer service.
- Deposit AUD and convert into digital assets such as Bitcoin, Ethereum and altcoins in Australia.
- Fund you Cointree account with a bank transfer, paying cash in an Australian bank branch, and POLi Payments.
