CoinJar alternatives

Compare the best alternatives to CoinJar for Australian crypto traders.

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Updated 9 Apr 2025   |   Rates updated regularly

Comparing of 9 CoinJar alternatives

Swyftx

On website

Featured

Swyftx

Highlights

  • Trading fees on Swyftx are higher than on Coinjar, although fees decrease on Coinjar as you trade more.
  • Swyftx and Coinjar are both AUSTRAC-regulated and must operate within their set of rules.
  • Swyftx has a very high Trustpilot rating and delivers outstanding customer service. Coinjar is not far behind.

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.
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.

eToro

Highlights

  • eToro’s fees for trading and withdrawing funds are higher than they are on Coinjar.
  • Coinjar supports more cryptocurrencies than eToro does.
  • eToro copy trading makes it easier for beginners to trade, a feature that is not available on Coinjar.

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.
Independent Reserve

On website

Independent Reserve

Highlights

  • Independent Reserve’s trading fees vary based on monthly trade volume and reduce with higher volume. Coinjar’s fees are slightly higher.
  • Both exchanges are located in Australia and AUSTRAC-regulated with excellent security.
  • Both Coinjar and Independent Reserve have a limited number of cryptocurrencies available to trade.

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.
CoinSpot

On website

CoinSpot

Highlights

  • Both exchanges offer a good choice of tradable coins, but CoinSpot has considerably more cryptocurrencies than Coinjar.
  • Coinjar’s trading fees are higher than CoinSpot's.
  • CoinSpot is Australia’s only ISO 27001-certified exchange. This accreditation is recognised internationally as the gold standard, giving CoinSpot an advantage over CoinJar.

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.
BTC Markets

Not available for application via this website

BTC Markets

Highlights

  • Trading and withdrawal fees on Coinjar are lower than those on BTC Markets.
  • More cryptocurrencies are available for trading with Coinjar than BTC Markets.
  • Coinjar and BTC Markets are both Australian exchanges. Both are regulated by AUSTRAC and have strong security.
Cointree

On website

Cointree

Highlights

  • Trading fees on Cointree are higher than Coinjar.
  • More cryptocurrencies are available to trade on Cointree as compared to Coinjar.
  • Both exchanges are based in Australia and AUSTRAC-regulated with strong security measures.

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
Coinbase

On website

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Coinbase

Highlights

  • Coinjar’s trading fees are quite clear, which is not something that can be said of Coinbase.
  • Coinbase has a simple layout and design, making it ideal for beginners. Coinjar is more complicated in comparison.
  • Coinjar is an Australian exchange and regulated by AUSTRAC. Coinbase operates under US laws and regulations.

Pros

  • Access a broad selection of altcoins for diverse trading opportunities.
  • Start trading with as little as $2, making it beginner-friendly.
  • Advanced trading features like Market, Limit, Stop Limit, and Auction Mode orders for greater control.
  • Effortlessly toggle between Simple and Advanced Trade modes to suit your needs.
  • Unlock zero trading fees and earn up to 4.5% USDC rewards with Coinbase One.
  • Coinbase Australia is fully registered with AUSTRAC for added security and compliance.

Cons

  • Trading fees are relatively higher compared to some other exchanges.
  • Customer support can be slow at times, causing delays in resolving issues.
Binance Australia

On website

Binance Australia

Highlights

  • Transaction fees on both Coinjar and Binance are roughly the same for lower value transactions. However, for higher value transactions, Coinjar is cheaper.
  • Binance offers a much larger choice of cryptocurrencies to trade compared to Coinjar.
  • Both Coinjar and Binance are not recommended for beginner traders.

Pros

  • Low trading fees.
  • Easily deposit funds using credit or debit cards.
  • Practice with demo trading before diving into real investments.
  • Access powerful charting and trading features designed for experienced traders.
  • 24/7 live chat support.
  • AUSTRAC regulated.

Cons

  • The platform's user interface can be complex for beginners, making it harder to navigate initially.
  • Ongoing regulatory challenges in various countries could raise concerns for some users regarding its long-term stability.
Kraken

Not available for application via this website

Kraken

Highlights

  • Trading fees on Coinjar are much lower than Kraken.
  • Coinjar has fewer cryptocurrencies available to trade compared to Kraken.
  • Kraken is more suitable for experienced traders, offering futures and derivative trading options.

Pros

  • A wide selection of tokens to trade, including popular ones like Bitcoin and Ethereum.
  • Offers educational resources to guide both beginner and advanced traders.
  • Supports multiple fiat currencies, making it easier for Aussie users to deposit and withdraw.
  • AUSTRAC regulated, ensuring a level of trust and security for Australian users.

Cons

  • Limited funding and withdrawal options compared to other platforms.
  • Trading fees are higher than those offered by some major exchanges.

    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