Cardano exchanges

Compare the best Cardano exchanges for crypto traders and investors in Australia.

Andrew Boyd avatar
Written by
Updated 7 Apr 2025   |   Rates updated regularly

Comparing of 5 Cardano exchanges

Swyftx

On website

Featured

Swyftx

Highlights

  • Access over 440 assets, including Bitcoin, Ethereum, Ripple, Litecoin, and DeFi tokens like UniCoin.
  • Choose from multiple payment options, including PayID, OSKO, POLi, and bank transfers for deposits and withdrawals.
  • Learn the basics of crypto trading with Swyftx’s demo mode, allowing risk-free mock trading.

Pros

  • Australian-based platform with AUSTRAC regulation.
  • Access to 440+ crypto assets.
  • Quick customer support—live chat replies within 5 minutes.
  • Integrated tax reporting for easy tracking.
  • Supports trading in AUD, USD, and NZD.

Cons

  • Limited access to advanced trading markets.
  • Trading fees start at 0.6% for regular users, higher than some competitors.
CoinSpot

On website

Highlights

  • Trade a wide variety of over 530 cryptocurrencies, including top options like Bitcoin, Ethereum, and Litecoin, suitable for both beginners and seasoned traders.
  • Simple and intuitive interface for easy navigation and management of your cryptocurrency investments.
  • Focuses on strong security with two-factor authentication (2FA) and cold storage for your digital assets.
  • Based in Australia and fully registered with AUSTRAC for compliance and trust.

Pros

  • Trade at just 0.1% fee and withdraw in AUD for free.
  • Purchase crypto packages (Bundles) in a single transaction.
  • Multiple deposit options with free PayID and Direct Deposit.
  • Access to the CoinSpot NFT Marketplace.
  • User-friendly mobile app for easy trading on the go.
  • Earn $10 in BTC by referring a friend.
  • 24/7 customer support is available.

Cons

  • Margin trading is not available, as it focuses on buying, selling, and swapping a wide range of cryptocurrencies.
  • Fewer selections of cryptocurrencies compared to larger global exchanges.
Independent Reserve

On website

Highlights

  • Automate your cryptocurrency trading strategy with Independent Reserve's AutoTrader feature.
  • Instant deposits are available 24/7 via bank transfer, PayPal, debit, or credit card.
  • Invest in crypto for your SMSF with detailed ATO compliance reporting.

Pros

  • Fee-free deposits and trading fees starting from 0.02%.
  • Built-in tax calculator to simplify your tax return process.
  • Australia's first insured cryptocurrency exchange.
  • ISO certified and has an AUSTRAC license.

Cons

  • Limited selection of cryptocurrencies compared to other platforms.
  • 1% deposit fee for transactions made with debit/credit cards or PayPal.
eToro

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

  • Trade and invest in top financial instruments, including a wide selection of stocks.
  • eToro is regulated by CySec, FCA, and ASIC.
  • Your funds are protected by industry-leading security protocols.
  • Earn up to 5.3% annual interest on your balance.*

*Applicable to uninvested funds. Your capital is at risk. Eligibility and Terms & Conditions apply.


Pros

  • Stock fees are low, helping you keep more of your returns.
  • Pricing is competitive, giving you good value for your trades.
  • Access to a wide range of markets.
  • The platform is simple to use, even if you’re new to trading.
  • Social trading lets you follow and learn from experienced investors.
  • Access to market news and trader insights.

Cons

  • Customer support is limited.
  • Advanced traders may find the analytical tools too basic.
  • Withdrawals come with a $5 fee, which can add up over time.
  • Only a few account base currencies are available, which may lead to extra conversion costs.
Cointree

On website

Highlights

  • Buy, sell, and trade on Australia’s best crypto exchange—get $10 BTC after verification. Just use promo code 10BTC.
  • Secure, Safe, & Easy - Trade 280+ cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Dogecoin
  • Crypto investing for your SMSF with detailed ATO-compliant reporting— Get started in 5 minutes

Pros

  • Well-established platform since 2013.
  • Trade easily with Australian dollars.
  • Competitive fees for quick buys and sells.
  • View and copy portfolios of successful traders.
  • Fast and straightforward trading with the Cointree app.
  • 24/7 customer support is available.
  • AUSTRAC regulated for added security.

Cons

  • Account verification can take up to 48 hours.
  • No access to a spot market for direct trading.
  • Maximum trade size is limited to $50,000

    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business