Choosing the right crypto exchange is essential for any Australian investor looking to enter or expand within the digital asset space. With a growing number of platforms offering diverse features—from low fees and advanced trading tools to strong regulatory compliance and AUD deposit options—it's important to understand which exchanges stand out in 2025.
This guide reviews the 15 best crypto exchanges in Australia, evaluated based on trading fees, supported cryptocurrencies, AUSTRAC licensing, security measures, AUD payment methods, and user experience. Whether you're a beginner or an experienced trader, this comprehensive analysis will help you make an informed decision.
Top Crypto Exchanges in Australia – Overview
After analyzing over 30 platforms, we’ve curated a list of the top 15 crypto exchanges serving Australian users in 2025:
- Swyftx – Best overall exchange
- Binance – Best global platform
- CoinSpot – Most trusted local exchange
- OKX – Best for advanced trading
- Coinbase Australia – Highest security standards
- Kraken – Top for futures and NFTs
- CoinJar – Longest-running exchange
- Bybit – Best for leveraged trading
- eToro Australia – Ideal for social trading
- Independent Reserve – Best for tax reporting
- Crypto.com – Leading staking and rewards
- BTC Markets – Fast AUD transactions
- Digital Surge – Competitive trading fees
- Uniswap – Premier decentralized exchange
- MEXC – Zero-fee trading option
Now, let’s dive into detailed reviews of each platform.
Swyftx – Best Overall Crypto Exchange in Australia
Swyftx has solidified its position as one of the most popular crypto exchanges in Australia since launching in 2018. With over 700,000 users across Australia and New Zealand, it offers access to 400+ cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and numerous altcoins.
The platform charges a flat 0.6% trading fee, which decreases for high-volume traders. AUD bank transfers are free, though third-party payment methods may incur small fees. Its intuitive interface caters to both beginners and experienced traders, featuring a demo mode for risk-free practice.
👉 Discover a user-friendly crypto exchange with over 400 coins and 24/7 support.
Security is a top priority: Swyftx uses two-factor authentication (2FA), biometric login, and stores 90% of funds in cold storage. It is registered with AUSTRAC, ensuring compliance with Australian financial regulations.
Additional features include:
- Recurring buys for dollar-cost averaging
- Mobile apps for iOS and Android
- SMSF account support
- 24/7 live chat support with sub-5-minute response times
Pros
- Wide selection of 400+ cryptos
- AUSTRAC-registered and secure
- Demo trading mode available
- Excellent customer service
Cons
- No leverage or futures trading
- High withdrawal fees on some assets
Binance – Best Global Crypto Exchange
Binance remains a dominant force in the global crypto market, offering Australians access to over 350 cryptocurrencies and advanced trading options like spot and margin trading.
Trading fees start at just 0.1%, with further discounts available when using Binance Coin (BNB). While direct AUD bank transfers are no longer supported, users can still buy crypto via credit/debit cards and peer-to-peer (P2P) trading.
Despite losing its derivatives license in Australia due to regulatory scrutiny, Binance continues to offer spot trading services to retail customers.
Pros
- Ultra-low trading fees
- High liquidity and deep markets
- Advanced charting tools and order types
- P2P and card payments available
Cons
- No fiat deposits/withdrawals via bank transfer
- Regulatory restrictions on derivatives
- Limited AUD-specific features
CoinSpot – Most Trusted Local Exchange
Founded in 2013 and based in Melbourne, CoinSpot is one of Australia’s largest exchanges by user base—boasting over 2.5 million users. It supports 490+ cryptocurrencies, the widest selection among local platforms.
CoinSpot holds ISO 27001 certification for information security and is certified by Blockchain Australia. It charges a flat 1% trading fee, which is higher than some competitors but justified by ease of use and robust infrastructure.
Deposit methods include free options like POLi, PayID, and bank transfers, while card deposits carry a 1.88% fee.
Unique features:
- Crypto staking with up to 78% APY
- Integrated NFT marketplace
- 24/7 Australian-based customer support
Pros
- Largest coin selection in Australia
- Strong security and regulatory compliance
- Easy onboarding for beginners
- Staking and NFT capabilities
Cons
- Flat 1% fee may deter frequent traders
- Lacks advanced trading tools
OKX – Best for Advanced Trading Tools
OKX is a globally recognized exchange that launched in 2017 and serves millions of users worldwide. It supports 350+ cryptocurrencies and offers a full suite of trading options: spot, futures, margin, and DeFi products.
Trading fees start at 0.08% (makers) and 0.1% (takers)—among the lowest in the industry—and can be reduced further by holding OKB, the native token.
OKX emphasizes transparency with regular Proof of Reserves reports and strong security protocols, including multi-factor authentication and cold storage.
Advanced features:
- Copy trading
- Trading bots (DCA, grid strategies)
- Shark Fin & Dual Investment products for passive income
👉 Access powerful trading tools with low fees and zero deposit charges.
Pros
- Competitive fee structure
- No deposit or crypto-conversion fees
- Advanced tools for active traders
- Transparent operations
Cons
- Not available in the U.S. or Canada
- Past concerns over trading volume accuracy
Coinbase Australia – Best Security Standards
Coinbase, listed on NASDAQ under COIN, is one of the most reputable names in crypto. With over 103 million verified users globally, it supports 240+ cryptocurrencies in Australia.
While its fees are relatively high—ranging from 0.4% to 4.5% depending on method—Coinbase compensates with top-tier security: 98% of assets are stored offline, and it offers a $20 BTC sign-up bonus.
Users can deposit AUD instantly via PayID, though direct AUD withdrawals to bank accounts are not supported.
Pros
- High-security standards
- User-friendly interface and educational tools (Coinbase Earn)
- Instant AUD deposits via PayID
- Coinbase Wallet for DeFi access
Cons
- Higher transaction fees
- No direct AUD bank withdrawals
Kraken – Best for Futures & NFT Trading
Kraken has been operating since 2011 and is registered with AUSTRAC. It supports 200+ coins and offers spot, margin (up to 5x), futures, and staking services.
Kraken Pro starts at 0.25% trading fees, dropping to zero for high-volume traders. AUD deposits via PayID and Osko are instant and free.
It also features an NFT marketplace and OTC desk for large trades.
Pros
- Advanced trading tools and low fees
- Strong security and regulatory compliance
- Free instant AUD deposits
- OTC desk for institutional traders
Cons
- Leverage may be restricted regionally
- Fewer altcoins compared to rivals
Other Notable Mentions
| Exchange | Key Strength |
|---|---|
| CoinJar | Long-standing reputation; CoinJar Card for spending crypto |
| Bybit | Up to 100x leverage; ideal for derivatives traders |
| eToro Australia | Social copy-trading; beginner-friendly |
| Independent Reserve | Excellent tax reporting; SMSF support |
| Crypto.com | Visa card with up to 5% cashback; staking rewards |
| BTC Markets | ISO-certified; fast AUD processing |
| Digital Surge | 310+ coins; $0 AUD deposit fees |
| Uniswap | Decentralized; no KYC required |
| MEXC | Zero maker fees; 2,800+ coins |
How to Choose the Right Crypto Exchange in Australia?
Selecting the best platform depends on your goals. Consider these key factors:
Security & Regulation
Ensure the exchange is AUSTRAC-registered and uses cold storage, 2FA, and regular audits.
Fees
Compare trading, deposit, withdrawal, and spread fees. Look for volume discounts or native token benefits.
Supported Cryptocurrencies
From Bitcoin to niche altcoins, ensure your preferred assets are available.
AUD Payment Options
Top methods include PayID, Osko, POLi, bank transfers, and cards (with higher fees).
User Experience
Beginners benefit from simple interfaces; pros need advanced charts and order types.
Frequently Asked Questions (FAQ)
Is Binance available in Australia?
Yes, but only spot trading is available for retail users. Derivatives services were discontinued after regulatory action.
Are Australian crypto exchanges safe?
Most reputable platforms are AUSTRAC-registered, use cold storage, and follow strict AML protocols—making them highly secure.
What is the best crypto exchange for beginners?
Swyftx and CoinSpot are ideal due to their intuitive interfaces, educational resources, and easy deposit methods.
Can I trade AUD directly on crypto exchanges?
Yes—most major platforms offer BTC/AUD, ETH/AUD pairs with instant deposit options like PayID and Osko.
Do I need to pay tax on crypto in Australia?
Yes. The ATO treats crypto as an asset subject to capital gains tax (CGT). Profits from sales or trades must be reported.
Which exchanges offer zero trading fees?
MEXC offers zero maker fees on spot trades, making it the most cost-effective option for active traders.
👉 Start trading with low fees, strong security, and advanced tools today.
By evaluating each exchange based on your needs—whether it's security, coin variety, fee structure, or ease of use—you can confidently choose the best crypto exchange in Australia for 2025. Always prioritize platforms with strong regulatory compliance and robust security practices to protect your investments.