Looking for the best crypto exchanges in Australia? This guide compares top platforms based on ease of use, fees, security, and customer support—helping you make an informed decision.
Top Australian Crypto Exchanges Comparison
| Exchange | Fees | Cryptocurrencies | CoinLedger Rating |
|---|---|---|---|
| OKX | 0.02%–0.5% | 160+ | 9.6/10 |
| CoinSpot | 0.1% (spot) | 440+ | 9.6/10 |
| Swyftx | 0.1%–0.6% | 320+ | 9.4/10 |
| Kraken | 0–0.26% (Pro) | 200+ | 9.3/10 |
| Pionex | 0.05% (spot) | 120+ | 9.1/10 |
| Coinbase Australia | 0–1% (Advanced) | 120+ | 9.6/10 |
| CoinJar | 1%–2% | 60+ | 9.2/10 |
| ByBit | 0.01% (spot) | 330+ | 8.9/10 |
| eToro Australia | 1% | <100 | 9.2/10 |
| Crypto.com | 0.075% | 300+ | 9.0/10 |
| Independent Reserve | 0.02%–0.5% | 15+ | 8.8/10 |
Detailed Exchange Reviews
1. OKX
- Key Features: Low fees (0.02%–0.5%), 160+ cryptocurrencies, high liquidity.
- Rating: 9.6/10 (CoinLedger).
- Why Choose OKX?: Trusted by 50M+ users, Web3 innovations, and partnerships with Manchester City FC and McLaren F1.
2. CoinSpot
- Key Features: 440+ coins, AUD deposits, beginner-friendly.
- Fees: 0.1% spot trading.
- Rating: 9.6/10.
3. Swyftx
- Key Features: 320+ cryptos, demo mode for practice.
- Fees: Volume-based (0.1%–0.6%).
- Rating: 9.4/10.
(Continue similar structured reviews for other exchanges...)
Why Isn’t Binance Listed?
Binance Australia was removed due to regulatory issues. In 2023, it halted AUD bank transfers after losing banking support.
How to Choose an Exchange
- Ease of Use: Prioritize intuitive interfaces for beginners.
- Supported Coins: Opt for exchanges with diverse offerings if building a portfolio.
- Fees: Compare trading, deposit, and withdrawal costs.
- Security: Look for 2FA, audits, and cold storage.
- Customer Support: Ensure quick resolution for issues.
Signing Up in Australia
- Create Account: Email + password.
- Verify Identity: Submit ID (KYC).
- Fund Account: Bank transfer/crypto deposit.
Crypto Tax Reporting
Australian traders must report capital gains. Use tools like 👉 CoinLedger for automated tax reports.
FAQs
How to buy crypto in Australia?
Use AUD on exchanges like OKX or CoinSpot.
Best exchange in Australia?
OKX (low fees, high security) or CoinSpot (wide coin selection).
Does Coinbase work in Australia?
Yes, but with fewer AUD pairs.