The cryptocurrency market operates 24/7 and offers dynamic opportunities for traders seeking fast-paced, short-term gains. Among the most popular strategies embraced by Australian traders is crypto day trading—a technique that involves buying and selling digital assets within the same day to capitalize on market volatility. To succeed, choosing the best app for day trading crypto in Australia is essential. This guide explores top platforms, strategies, ideal cryptocurrencies, and expert tips to help you trade confidently and efficiently.
Top Crypto Day Trading Apps in Australia
Selecting the right app can significantly impact your trading performance. The best crypto day trading apps combine speed, low fees, advanced charting tools, security, and real-time notifications. Below are the leading platforms available to Australian users in 2025.
ByBit – High-Speed Trading with Extensive Asset Selection
ByBit has emerged as one of the fastest-growing crypto exchanges globally, serving over 15 million registered users. It stands out for its robust infrastructure, supporting up to 100,000 transactions per second with zero downtime—critical for active day traders.
Traders can access more than 80 cryptocurrencies, including BTC, ETH, EOS, and XLM, across multiple markets such as spot and inverse perpetual futures. ByBit uses a standard maker-taker fee model, charging 0.1% for both makers and takers. Importantly, there are no fees for depositing crypto from external wallets.
The mobile app features an intuitive interface with clear buy/sell buttons, credit/debit card purchases, and customizable price alerts via push notifications. Round-the-clock customer support is accessible directly within the app.
👉 Discover a high-performance trading platform built for fast execution and real-time analysis.
Pros:
- Wide selection of tradable cryptos
- Ultra-low latency and high transaction throughput
- 24/7 customer support
- No deposit fees for crypto
Cons:
- AUD withdrawals not supported
Coinbase – Trusted Exchange with Free Wallet Integration
As the second-largest cryptocurrency exchange worldwide, Coinbase offers a secure and user-friendly environment for both beginners and experienced traders. It supports over 800 digital assets, including NFTs, and allows funding via fiat (AUD) or crypto.
Coinbase operates two apps:
- Coinbase App: Ideal for casual investors; enables quick trades with just a few taps.
- Coinbase Pro: Designed for serious traders, featuring advanced charting tools, order types, and a transparent maker-taker fee structure (as low as 0.50% for volumes under $10,000 AUD).
Trading costs include a spread (~0.5%) plus a variable commission based on payment method and volume. While convenient, fees can be higher compared to competitors.
All users receive a free integrated crypto wallet, making it easy to store and manage diverse assets securely.
Pros:
- Massive asset variety
- Dual app system for different experience levels
- Free wallet with broad compatibility
- Strong regulatory compliance
Cons:
- Relatively high trading fees
Binance – Global Leader with Advanced Tools
Founded in 2017, Binance now serves 150 million active users globally, making it the largest crypto exchange by volume. It supports over 500 cryptocurrencies, including numerous altcoins and tokens.
Binance Coin (BNB), its native token, provides benefits like reduced trading fees and access to exclusive token sales. The platform supports spot, futures, and margin trading with a clean, intuitive design suitable for all skill levels.
Security measures include two-factor authentication (2FA) and withdrawal whitelists. Customer support is multilingual and available 24/7, though response times may vary during peak periods.
👉 Access powerful trading tools and real-time market insights tailored for active traders.
Pros:
- Largest selection of digital assets
- Competitive fees (further reduced with BNB)
- Strong security protocols
- Global accessibility
Cons:
- Limited direct AUD-to-crypto pairs
- Occasional delays in support
Other Notable Platforms
While ByBit, Coinbase, and Binance lead the pack, several other platforms cater to specific needs:
- Plus500: Offers CFDs on crypto with 24/7 support.
- IG: Known for high liquidity and professional-grade tools.
- Kraken: Heavily regulated with strong security standards.
- Swyftx: Popular in Australia; includes a free demo account for practice trading.
What Is Crypto Day Trading?
According to industry definitions, crypto day trading involves opening and closing positions within a single day to profit from short-term price movements. Unlike long-term "buy-and-hold" investing, day trading relies on technical analysis, market timing, and rapid decision-making.
Due to the crypto market’s high volatility, opportunities arise frequently—even outside traditional business hours. Traders use price charts to identify patterns, support/resistance levels, and momentum indicators like MACD or Bollinger Bands.
While potentially lucrative, this strategy carries higher risk due to sudden price swings and emotional decision-making.
Frequently Asked Questions
Q: What is day trading crypto?
A: It’s the practice of buying and selling cryptocurrencies within the same day to profit from intraday price fluctuations.
Q: Is crypto day trading worth it?
A: It can be profitable for disciplined traders with solid strategies, but it requires time, knowledge, and risk management.
Q: How do I day trade crypto?
A: Choose a reliable app, study technical analysis, monitor market news, develop a strategy (e.g., scalping or breakout trading), and start small.
Q: What apps can I use for crypto day trading?
A: Top choices include ByBit, Binance, Coinbase Pro, Kraken, and Swyftx—all offering mobile apps optimized for fast trading.
Q: Which is the best app for day trading crypto?
A: ByBit is often considered the best due to its speed, low fees, and advanced features tailored for active traders.
Best Cryptocurrencies for Day Trading
Not all coins are equally suited for day trading. The ideal candidates have high liquidity, consistent volume, and clear technical patterns.
1. Bitcoin (BTC)
With the highest market cap and deepest liquidity, BTC offers stable price action and tight spreads—perfect for precise entries and exits.
2. Ethereum (ETH)
ETH’s strong developer ecosystem and widespread adoption make it highly responsive to news and technical signals. Its price movements often exceed BTC’s percentage-wise.
3. Tether (USDT)
As a stablecoin pegged to the USD, USDT rarely fluctuates—but minor deviations (e.g., $1.01 or $0.99) create arbitrage opportunities for skilled traders.
4. Ripple (XRP)
Known for sharp intraday moves (3–5% in hours), XRP appeals to aggressive traders. Clear candlestick patterns help identify support/resistance zones.
5. Binance Coin (BNB)
Backed by Binance’s ecosystem, BNB shows predictable behavior with frequent micro-movements visible on 15-minute charts—ideal for scalping.
Proven Crypto Day Trading Strategies
Success in day trading hinges on using structured approaches rather than guessing.
Scalping
This involves executing dozens—or even hundreds—of trades daily to capture tiny price changes (often less than 1%). Profits accumulate over time through consistency. Requires fast execution and real-time data.
Breakout Trading
Traders watch for price movements that breach established support or resistance levels. A confirmed breakout—especially when accompanied by rising volume—can signal strong momentum.
Technical indicators like moving averages help confirm breakouts and reduce false signals.
Key Factors Before You Start Day Trading
Before diving in, consider these critical aspects:
- Risk Tolerance: Day trading is high-risk; only invest what you can afford to lose.
- Investment Goals: Are you aiming for supplemental income or full-time returns?
- Time Commitment: Requires active monitoring during volatile periods.
- Market Awareness: News events (e.g., regulatory updates) can trigger sharp moves.
- Platform Security: Always choose regulated or well-audited platforms with strong encryption and 2FA.
👉 Start your journey on a secure, high-speed exchange trusted by millions worldwide.
Using Crypto Trading Signals
For beginners or time-constrained traders, crypto trading signals provide ready-made trade ideas from experienced analysts. These typically include:
- Entry price
- Stop-loss level
- Take-profit target
Services like Learn2Trade and CryptoSignals.org deliver signals via Telegram, email, or SMS. Many offer free tiers with limited signals and premium subscriptions for daily alerts (success rates often cited around 82%).
While helpful, always verify signals independently before acting.
Essential Day Trading Tips
- Take a Trading Course: Accelerate learning with structured education on technical analysis and risk management.
- Join Online Communities: Engage with Reddit groups or forums to exchange insights—but always do your own research (DYOR).
- Use Advanced Tools: Leverage platforms with real-time charts, drawing tools, and price alerts.
- Master Technical Analysis: Focus on candlestick patterns, volume trends, RSI, MACD, and Fibonacci retracements.
- Optimize Risk/Reward Ratio: Aim for at least 1:2—meaning potential profit should be double the risk per trade.
Final Thoughts
Choosing the best app for day trading crypto in Australia is a pivotal step toward building a successful trading routine. Platforms like ByBit, Binance, and Coinbase offer distinct advantages depending on your experience level and goals. Combine the right tool with sound strategy, continuous learning, and disciplined risk management—and you’ll be well-positioned to navigate the fast-moving world of crypto day trading in 2025.
Remember: Consistency beats luck. Stay informed, stay secure, and trade smart.