Our panel of crypto experts has rated and reviewed the best crypto exchanges in Australia to help you find the ideal platform for seamless trading. Below, we compare 13 top providers based on security, fees, features, and user experience.
Top 13 Crypto Exchanges in Australia
1. eToro – Best Overall Crypto Exchange for Trading
- Features: Copy trading, social investing, user-friendly interface.
- Fees: 1% trading fee + market spread.
- Minimum Deposit: $50.
- Regulation: ASIC, CySEC, FCA.
👉 Explore eToro’s trading platform
2. Bybit – Leading Platform for Leveraged Trading
- Features: 100x leverage, TradeGPT AI assistant, low fees (0.1% spot trading).
- Fees: 0.02% (maker) / 0.055% (taker) for derivatives.
- Minimum Deposit: None.
3. Plus500 – Trusted CFD Trading Platform
- Features: 2,000+ instruments, no commissions, tight spreads.
- Fees: Spread-based (0.6 pips for BTC).
- Minimum Deposit: $100.
4. Binance – Popular Exchange for Active Traders
- Features: 1,000+ markets, staking, NFT marketplace.
- Fees: 0.1% spot trading (discounts for BNB holders).
- Minimum Deposit: Varies by payment method.
5. Coinbase – Best for Beginners
- Features: Simple UI, educational resources, insured custodial wallets.
- Fees: 1.49% per trade.
- Minimum Deposit: $50.
6. KuCoin – Wide Variety of Crypto Assets
- Features: 700+ cryptos, trading bots, futures markets.
- Fees: 0.1% spot trading.
- Minimum Deposit: None.
7. Crypto.com – User-Friendly with Debit Card
- Features: 250+ cryptos, Visa card, staking rewards.
- Fees: 0.4% maker/taker fee.
- Minimum Deposit: $20.
👉 Discover Crypto.com’s offerings
8. PrimeXBT – High-Leverage Trading
- Features: 100x leverage, copy trading, no KYC.
- Fees: 0.02% per transaction.
- Minimum Deposit: None.
9. Digital Surge – AUD-Friendly Exchange
- Features: 300+ cryptos, recurring buys, low fees (0.5%).
- Fees: 0.1%–0.5%.
- Minimum Deposit: $2.
10. Swyftx – Advanced Trading Tools
- Features: 310+ cryptos, TradingView charts, API trading.
- Fees: 0.6% + spread.
- Minimum Deposit: $30.
11. OKX – Flexible Staking Options
- Features: P2P trading, staking (up to 5% APY), 320+ cryptos.
- Fees: 0.08%–0.1%.
- Minimum Deposit: Varies by crypto.
12. MEXC – Zero-Fee Spot Trading
- Features: 1,000+ assets, Launchpad for new tokens.
- Fees: 0% spot trading.
- Minimum Deposit: $1.
13. Kraken – Reliable & Secure
- Features: 220+ cryptos, staking, OTC trading.
- Fees: 0.26% per transaction.
- Minimum Deposit: $5.
Key Factors When Choosing an Exchange
- Regulation: Prioritize ASIC/AUSTRAC-regulated platforms (e.g., eToro, Coinbase).
- Fees: Compare trading, deposit, and withdrawal costs.
- Supported Cryptos: Ensure your preferred assets (BTC, ETH, etc.) are listed.
- Security: Look for cold storage, 2FA, and insurance.
- Customer Support: 24/7 live chat or responsive email.
How to Sign Up for a Crypto Exchange
- Register: Provide email and verify identity (KYC).
- Deposit Funds: Use PayID, debit card, or bank transfer.
- Start Trading: Buy/sell cryptos or use advanced tools like limit orders.
FAQs
Q1: Are crypto exchanges legal in Australia?
Yes, exchanges like eToro and Swyftx comply with AUSTRAC regulations.
Q2: Which exchange has the lowest fees?
MEXC (0% spot fees) and Binance (0.1% with BNB discounts).
Q3: Can I stake crypto in Australia?
Yes! Platforms like OKX and Kraken offer staking with APYs up to 10%.
Q4: What’s the safest exchange?
eToro and Kraken have strong security records and cold storage.
Q5: How do I withdraw AUD?
Most exchanges support Osko/PayID for free, instant withdrawals.
Final Thoughts
Choosing the right crypto exchange depends on your needs—whether you’re a beginner (Coinbase), active trader (Binance), or leverage enthusiast (Bybit). Always prioritize security, low fees, and regulatory compliance.
For more guides, check our Crypto Exchange Comparisons for 2025.