Best Crypto Exchanges in Australia 2025

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When it comes to buying, selling, and trading cryptocurrencies, choosing the right exchange is crucial—especially in Australia, where regulatory compliance, local support, and AUD integration play a key role. With so many platforms available, it can be overwhelming to determine which one aligns best with your goals, whether you're a beginner or an experienced trader.

After thorough analysis of trading fees, security protocols, customer support, available cryptocurrencies, and user experience, we’ve identified the top crypto exchanges serving Australian users in 2025. Our evaluation focuses on platforms that offer seamless AUD deposits, strong local presence, and reliable features tailored to the Australian market.

Top Cryptocurrency Exchanges in Australia

Swyftx – Best Overall Exchange for Australians

Swyftx stands out as the leading cryptocurrency exchange in Australia due to its robust combination of local presence, security, and user-friendly design. Registered with AUSTRAC, Swyftx adheres strictly to anti-money laundering (AML) and Know Your Customer (KYC) regulations, ensuring a safe trading environment.

The platform supports over 330 digital assets, making it one of the most diverse exchanges available locally. While its 0.6% trading fee is slightly higher than some global competitors, this is balanced by exceptional customer service, real-time portfolio tracking, and a fully functional demo mode—ideal for new traders wanting to practice risk-free.

👉 Discover how Swyftx combines low fees with premium features for Australian investors.

Key Features:

For more details, check out our comprehensive [Swyftx review].

Coinspot – Ideal for Beginners

Coinspot has been a cornerstone of the Australian crypto scene since 2013 and remains one of the most beginner-friendly platforms. Its clean interface and intuitive dashboard make it easy for newcomers to buy Bitcoin, Ethereum, Dogecoin, and hundreds of altcoins with confidence.

Despite its ease of use, Coinspot charges a relatively high 1% trading fee on instant buy/sell orders—even for limit and stop orders. This can add up for frequent traders but may not matter much for long-term holders.

The platform offers automated recurring buys, tax reporting tools, and mobile apps that sync seamlessly across devices. Coinspot also provides educational resources to help users understand blockchain technology and digital asset management.

👉 See why thousands of Australians trust Coinspot for simple crypto investing.

Binance – Lowest Fees, Global Powerhouse

Binance is the world’s largest crypto exchange by trading volume and offers unparalleled access to tokens, derivatives, futures, staking, and liquidity pools. Its competitive fee structure starts at just 0.1% for takers and can go even lower with BNB usage or high-volume trading.

However, Australian users face a significant hurdle: Binance lost direct AUD banking support in 2023. This means you can no longer deposit AUD directly—you must first buy crypto on another exchange like Swyftx or Coinspot and then transfer it to Binance.

While this adds friction, Binance remains ideal for advanced traders who prioritize low fees, deep liquidity, and advanced charting tools. The platform’s complexity makes it less suitable for beginners.

Crypto.com – Best for Earning and Spending Crypto

Crypto.com goes beyond trading by offering a full ecosystem: a Visa card that lets you spend crypto anywhere Mastercard is accepted, interest-earning accounts (up to 8.5% APY), NFT marketplace access, and gift cards.

Its mobile app is sleek and user-centric, making it perfect for those who want to integrate crypto into daily life. Security is top-tier—Crypto.com has never been hacked and maintains $360 million in insurance coverage.

Although customer support isn’t based in Australia, response times are generally fast via in-app chat.

How to Choose the Right Crypto Exchange in Australia

Selecting the best crypto exchange involves evaluating several critical factors:

🔐 Security

Always choose an exchange with strong security measures: two-factor authentication (2FA), cold storage for funds, encrypted databases, and regular audits. AUSTRAC registration is mandatory for any exchange serving Australian clients.

💬 Customer Support

Local support teams provide faster resolution for deposit issues, withdrawal delays, or account verification problems. Platforms like Swyftx and Coinspot offer live chat with response times under 10 minutes.

💵 Trading Fees

Compare both trading fees and hidden costs like withdrawal or deposit charges. Frequent traders should prioritize lower fees (e.g., Binance or Digital Surge), while casual investors might value simplicity over savings.

📱 User Experience

Beginners benefit from clean interfaces (Coinspot, Swyftx), while advanced traders may prefer complex tools (Binance Pro, Kraken).

🏛 Regulation & Reputation

Only use AUSTRAC-compliant exchanges. Check independent review sites like Trustpilot—Swyftx currently holds a 4.8-star rating from over 3,000 reviews.

💸 AUD Integration

Ensure the platform supports direct AUD deposits and withdrawals via bank transfer or PayID. Avoid exchanges requiring currency conversion hurdles.

Frequently Asked Questions

Q: Is cryptocurrency legal in Australia?
A: Yes. Cryptocurrencies are fully legal in Australia and treated as property for tax purposes by the ATO. All major exchanges must comply with AUSTRAC regulations.

Q: Are my funds safe on Australian crypto exchanges?
A: Reputable platforms like Swyftx and Independent Reserve use cold storage, insurance, and multi-signature wallets to protect user assets. Always enable 2FA for added security.

Q: Do I have to pay tax on crypto gains in Australia?
A: Yes. The Australian Taxation Office (ATO) requires reporting of capital gains or losses from crypto transactions. Some platforms offer built-in tax reporting tools.

Q: Can I buy Bitcoin with $10?
A: Absolutely. Most exchanges allow fractional purchases, so you can invest small amounts regularly.

Q: Which exchange has the lowest fees in Australia?
A: Binance offers the lowest trading fees at 0.1%, though indirect onboarding applies. Among local exchanges, Digital Surge charges just 0.5%.

Q: What’s the easiest way to start trading crypto in Australia?
A: Sign up with a beginner-friendly platform like Swyftx or Coinspot, verify your identity, deposit AUD via PayID or bank transfer, and start buying popular coins like BTC or ETH.

Whether you're looking to dabble in crypto or dive deep into DeFi and staking, Australia offers several secure and user-friendly exchanges tailored to your needs. Prioritize platforms that offer AUSTRAC compliance, local support, low fees, and seamless AUD integration for the best experience.

👉 Start your journey with a trusted platform designed for Australian investors today.