Best crypto exchanges

Compare crypto exchange fees, tradable assets, and bonuses for signing up.

Andrew Boyd avatar
Written by   |  
David Boyd avatar
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Updated 9 Apr 2025   |   Rates updated regularly

Comparing of 18 crypto exchanges

eToro Crypto

On website

Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.

Featured

eToro Crypto

Highlights

  • Access thousands of assets across multiple categories.
  • Copy trades of popular investors that trade Crypto.
  • Access powerful analysis tools and innovative social features.

Pros

  • The user-friendly website and app make it easy to trade from anywhere.
  • Trade Bitcoin, Ethereum, and 60+ other crypto assets.
  • With its CopyTrader feature, you can replicate the moves of other investors.
  • Start trading with just $10.

Cons

  • There is a 1% fee that is added to the market price.
  • Other exchanges have more selections of crypto coins and tokens.
Swyftx

On website

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.
Block Earner

On website

Block Earner

Highlights

  • Exclusive to Finty: Free trading fees for the first 30 days when you sign up today.
  • Invest in leading DeFi platforms AAVE and Compound.
  • Buy and sell the top 350 cryptocurrencies with AUD.
  • Borrow up to $5M AUD against your crypto with 24-hour approval. Fixed-rate borrowing for 12 months.

Pros

  • Get started with no hassle and dive into trading right away.
  • Beginner-friendly tools.
  • Earn competitive returns on your investments with ease.
  • Free deposits and withdrawals.
  • Trade with confidence, knowing you're with an Australian-regulated company

Cons

  • Ideal for beginners but lacks features for experienced traders looking for complex strategies
  • Fees are a bit higher compared to some competitors.
  • Block Earner offers a smaller selection of assets.
Binance Australia

On website

Highlights

  • Sign up on Binance Australia to get a 100 USDT cashback voucher. Terms and Conditions apply.
  • Access the world's biggest platform for buying, selling, and trading crypto.
  • Trade and stake thousands of cryptocurrencies and trading pairs.
  • Deposit funds without worrying about any extra charges.

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.
Coinstash

On website

Highlights

  • Offers more than 1,100 cryptocurrencies.
  • Very competitive 0.85% trading fee.
  • Registered digital currency exchange under AFSL and AUSTRAC.

Pros

  • Safely buy and sell coins from the DeFi space directly on Coinstash.
  • Has an intuitive and easy-to-use interface.
  • Some of its features include Automatic Purchase and Bundles.
  • Accepts bank transfers, PayID, and Osko deposits.
  • Free and instant deposits & withdrawals.
  • Live chat is in place to give you instant support.

Cons

  • Deposits using credit and debit cards are not available.
  • While the withdrawal limit is set at $100,000, it is still higher than many other exchanges.
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.
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
Bitget

On website

Bitget

Highlights

  • Earn up to 6,200 USDT when you sign-up, deposit funds in your account, and start trading. Terms and Conditions apply.
  • Trade over 800 coins and tokens.
  • Main feature includes one-click copy trading
  • Licensed to operate in Australia with 24/7 multilingual online support.

Pros

  • Generous sign-up bonus if you meet the requirements.
  • Low trading fees keep costs down.
  • Free deposits make funding your account easier.
  • Try risk-free trading with a demo account.
  • Supports both Spot and Futures trading.
  • 24/7 customer support when you need assistance.

Cons

  • Limited educational tools for beginners.
  • Not as widely regulated as some other major exchanges.
  • Withdrawal fees vary depending on the cryptocurrency.
CoinJar

On website

Highlights

  • Trading fees are 1% to 2% on CoinJar Exchange and 1% on CoinJar.com and mobile apps.
  • Trade over 60 cryptocurrencies, including Bitcoin, Ethereum, Ripple, Shiba Inu, Dogecoin, Solana, and Cardano.
  • Free AUD deposits and withdrawals (PayID, OSKO, or bank transfers), 2% fee on credit/debit card crypto purchases.
  • Earn CoinJar Rewards when you spend your crypto with a CoinJar Card. Free to activate, no monthly charges.

Pros

  • Simple and beginner-friendly interface.
  • Free deposits and withdrawals for AUD, GBP, and EUR.
  • Start trading with as little as $20—great for beginners.
  • Competitive fees compared to other exchanges.
  • Earn crypto rewards with CoinJar Earn.
  • Customer support is available every day of the week.

Cons

  • Limited to around 60 crypto tokens, which is fewer than many competitors.
  • No demo account for practice trading.
  • Lacks advanced trading features like margin or futures trading.
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.
Bybit

On website

Bybit

Highlights

  • Earn up to $5,050 USDT in sign-up rewards when you meet the criteria.
  • Access high-leverage trading with competitive fees.
  • Copy top traders’ strategies with the copy trading feature.

Pros

  • Quick and straightforward signup process.
  • Earn rewards and bonuses when you meet the requirements.
  • Offers a suite of advanced trading tools for experienced traders.
  • Supports spot, derivatives, and margin trading with high liquidity.
  • Multiple deposit options, including crypto, credit card, and bank transfer.
  • Get assistance anytime with 24/7 live chat support.

Cons

  • Does not support deposits and withdrawals for all fiat currencies.
  • Offers fewer trading pairs compared to some competitors.
  • Bybit is not registered with AUSTRAC.
Coinbase

On website

Finty may be compensated when you click on the link.

Highlights

  • Trade over 200 cryptocurrencies and track them all in one place.
  • Set up automatic daily, weekly, or monthly crypto purchases.
  • Deposit and withdraw AUD for free using PayID, Osko, card, or bank transfers.
  • Earn up to 15% APY on select crypto holdings.

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.
Easy Crypto

On website

Easy Crypto

Highlights

  • Buy and sell 170+ cryptocurrencies with ease, including popular ones like Bitcoin, Ethereum, and Litecoin.
  • Instant deposits and withdrawals using PayID, Osko, or bank transfer, with no hidden fees.
  • Beginner-friendly interface that makes crypto trading simple, with clear pricing and no complex features to navigate.

Pros

  • User-friendly interface makes crypto trading simple for beginners.
  • Swap cryptocurrencies directly without needing to convert to AUD first.
  • Transparent fees with no hidden costs.
  • Portfolio tracker to monitor your investments’ performance.
  • Fast transactions – send to any wallet or withdraw to your bank in 2 minutes.
  • Funds are 100% guaranteed, offering peace of mind.

Cons

  • Higher transaction fees compared to other platforms.
  • Limited trading tools for advanced traders.
  • Fewer tokens available compared to larger exchanges.
PrimeXBT

On website

PrimeXBT

Highlights

  • Trade crypto, forex, commodities, and stock indices from a single platform.
  • Access margin trading with up to 200x leverage on cryptocurrencies.
  • Copy leading trades on the platform and get the same returns.

Pros

  • Has low trading fees.
  • Get access to advanced charting tools for detailed market analysis.
  • Use margin trading to amplify potential gains.
  • Earn rewards by completing platform activities.
  • Get 24/7 customer support when you need assistance.

Cons

  • Not registered with AUSTRAC.
  • Limited deposit and withdrawal options.
OKX

On website

OKX

Highlights

  • Trade over 400 cryptos like Bitcoin, Ethereum, and Litecoin on one platform.
  • Use advanced tools and options to make informed, smarter trading decisions.
  • Earn a passive income through staking and other opportunities to grow your holdings.
  • Save time and maximize profit potential by automating your trades.

Pros

  • Many users like its easy-to-use Interface.
  • Keep your costs down with competitive fees, helping you maximize your returns.
  • Learn the ropes with valuable tutorials, trading ideas, and expert analysis to help you stay informed.
  • OKX has maintained a strong track record with no hacking issues.
  • It has a 24/7 live chat support.

Cons

  • Limited fiat support.
  • Withdrawal limits may be restrictive for high-volume traders.

What is an Australian crypto exchange?

An Australian crypto exchange is the platform where traders and investors can buy, sell, and trade a variety of cryptocurrencies. An exchange facilitates trading between buyers and sellers for a fee, which is their primary source of revenue.

Crypto exchanges in Australia are obliged to comply with regulations established by the Australian Transaction Reports and Analysis Centre (AUSTRAC). Characteristics of the best crypto exchanges in Australia:

Characteristics of the best crypto exchanges in Australia

  • Compliance with AUSTRAC regulations. We only list exchanges that are licensed or regulated by Australian regulators.
  • Low fees. Not only should a good crypto exchange have competitive fees, but any fees should be transparent and easy to understand for traders of all levels.
  • Choice. Not everyone wants to buy and sell Bitcoin alone. The best crypto exchanges list the top coins but also stablecoins such as USDT and USDC as well as upcoming altcoins like Dogecoin, XRP, Cardano, Solana, and Polygon, among others.
  • Security built in. We are looking for robust security measures including cold storage and 2FA as standard. Some exchanges have depositors' insurance, which protects your assets in the event the exchange faces issues with liquidity or gets breached. Ideally, an exchange should have the option to store your crypto tokens on your own hardware wallet instead of the exchange's "hot" wallet.
  • Proof of Reserves (PoR). A means of verifying that an exchange holds enough assets to cover their users' deposits.
    Customer support. Prompt and effective resolution of user queries and issues is a given.
  • Convenient deposit and withdrawal options. Availability of multiple methods for AUD deposits and withdrawals, ideally with low fees for both.
  • Excellent user experience. Suffice to say that some crypto exchanges are not designed well. We list those with an intuitive interface that caters to both novice and experienced traders.
  • Social or copy trading. Popular with beginners, this is a way to trade crypto automatically by following the trades of someone else.
  • Available as a native app. Crypto exchanges are generally available as an app for iOS and Android, although some are implemented better than others.
  • Transaction speed. Crypto moves fast. Exchanges should process orders, deposits, withdrawals, and trades efficiently to avoid slippage.
  • Tax friendly. If the exchange itself doesn't produce tax reports for the ATO, then it should preferably integrate with a dedicated crypto tax service or generate statements that can be imported into one.

Types of crypto exchanges in Australia

There are three main types of exchange available.

  • Centralised exchanges (CEXs). Known for their liquidity and an extensive listing of cryptocurrencies, but often criticised for being vulnerable to security breaches because as the saying goes, not your keys, not your crypto. Binance and Coinbase are prominent examples. Typically more beginner-friendly.
  • Decentralised exchanges (DEXs). Non-custodial platforms that facilitate direct, peer-to-peer transactions over the blockchain. Regarded as a more secure option, with the trade-off being that they can be less user-friendly. Uniswap and PancakeSwap are two of the biggest. Considered less beginner-friendly.
  • Hybrid exchanges. Combines the best of both centralised and decentralised platforms, offering both security and a wide range of services. KuCoin and Crypto.com are examples of exchanges with hybrid features. Generally less beginner-friendly.

FAQ

Is Australia a crypto-friendly country?

Yes, Australia is considered a crypto-friendly jurisdiction in comparison with many other countries.

How can I cash out my cryptocurrency in Australia?

To cash out cryptocurrency in Australia, you can use a crypto exchange that offers fiat withdrawal options. Simply sell your cryptocurrency for AUD and then withdraw the funds to your bank account.

Is trading cryptocurrency legal in Australia?

Yes, it is legal to trade cryptocurrency in Australia thanks in part to the country's forward-thinking regulatory approach.

Can foreigners buy cryptocurrency in Australia?

Yes, both foreigners and residents can buy cryptocurrency in Australia.

What deposit methods are generally supported?

Bank transfers and credit/debit cards are the most widely accepted methods of depositing funds into an account on a crypto exchange in Australia.

What are the typical fees involved?

Fees can vary widely between exchanges but generally include trading fees, deposit fees, and withdrawal fees.

    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