Coinbase alternatives
Compare alternative exchanges to Coinbase for Australians.
Written by
Andrew Boyd
|
Verified by
David Boyd
Updated 7 Apr 2025
|
Rates updated regularly
Comparing of 5 Coinbase alternatives
On website
Highlights
- Trade 290+ digital assets with Swyftx, which is significantly more than is available on Coinbase.
- Swyftx is similar to Coinbase in that its trading experience is high quality and clean on desktop and mobile.
- Trading fees on Swyftx are very competitive, whereas Coinbase are renowned for their pricey fees.
- Swyftx has a demo account and you can invest into your SMSF, which is not possible with Coinbase. Both exchanges are registered with AUSTRAC.
Pros
Cons
On website
Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.
Highlights
- eToro supports 40+ different coins, whereas Coinbase supports more than 140. Both regularly list new coins and can move the market when doing so.
- You can stake on eToro and Coinbase, but neither support investing into your SMSF.
- Both offer a physical card so you can use your crypto for purchases.
- The main difference between eToro and Coinbase is eToro's social trading feature and demo account.
Pros
Cons
On website
Highlights
- Independent Reserve is designed for more advanced traders who prefer to trade a smaller number of coins. It is not for traders who want exposure to altcoins and memecoins.
- Trading fees are lower on Independent Reserve than on Coinbase.
- Independent Reserve do not support staking and do not offer a crypto card, whereas Coinbase offers both. Coinbase does not support SMSF, whereas Independent Reserve does.
- Both are AUSTRAC members.
Pros
Cons
On website
Highlights
- CoinJar's trading fees are competitive and decrease the more you trade. Coinbase is known for high fees.
- Coinbase offers staking, CoinJar does not. Both exchanges have wallet-linked crypto cards.
- CoinJar lets you invest into your SMSF, which you can't do with Coinbase.
- CoinJar and Coinbase are both AUSTRAC members.
Pros
Cons
On website
Highlights
- Coinstash has a very beginner-friendly trading experience and supports more than 170 crypto assets (more than on Coinbase).
- Coinbase supports staking and offers a crypto card. Coinstash do not. However, you can invest into your SMSF with Coinstash.
- Trading fees for Coinstash are competitive against Coinbase. Both exchanges are suitable for beginners to intermediate traders.
- Coinbase and Coinstash are both AUSTRAC-registered.
