Looking for the best crypto exchanges in Australia? This guide compares top platforms based on fees, cryptocurrency selection, ease of use, and security to help you make an informed choice.
Top Australian Crypto Exchanges Compared
| Exchange | Fees | Cryptocurrencies Supported | CoinLedger Rating |
|---|---|---|---|
| OKX | 0.02% – 0.5% | 160+ | 9.6/10 |
| CoinSpot | 0.1% (spot trading) | 440+ | 9.6/10 |
| Swyftx | 0.1% – 0.6% (volume-based) | 320+ | 9.4/10 |
| Kraken | 0% – 0.26% (Kraken Pro) | 200+ | 9.3/10 |
| Pionex | 0.05% (spot trading) | 120+ | 9.1/10 |
| Coinbase Australia | 0% – 1% (Advanced tier) | 120+ | 9.6/10 |
| CoinJar | 1% (standard), 2% (instant) | 60+ | 9.2/10 |
| ByBit | 0.01% (spot trading) | 330+ | 8.9/10 |
| eToro Australia | 1% | <100 (plus stocks) | 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
👉 OKX is a global leader with 50M+ users, offering 160+ cryptocurrencies and low fees (0.02%–0.5%). Known for partnerships with Manchester City FC and McLaren F1, it’s praised for speed and reliability.
– Rating: 9.6/10
2. CoinSpot
Australia’s oldest exchange (2013) with 440+ coins and a 0.1% spot trading fee. Ideal for beginners and large portfolios.
– Rating: 9.6/10
3. Swyftx
Local favorite with 320+ cryptos and volume-based fees. Supports 660K+ users and offers a user-friendly interface.
– Rating: 9.4/10
4. Kraken
Best for advanced traders with low fees (0%–0.26%) and 200+ assets. Offers futures and margin trading.
– Rating: 9.3/10
5. Pionex
Unique for free trading bots and 0.05% fees. Supports 120+ coins for automated strategies.
– Rating: 9.1/10
(Continue similar structured reviews for remaining exchanges…)
How to Choose the Best Crypto Exchange in Australia
Consider these 5 key factors:
- Ease of Use: Beginner-friendly interfaces (e.g., CoinSpot) vs. advanced tools (Kraken).
- Cryptocurrency Selection: Diversified portfolios need 300+ coins (CoinSpot, Crypto.com).
- Fees: Look for low spot trading fees (ByBit: 0.01%) and transparent pricing.
- Security: Prioritize exchanges with 2FA, audits, and cold storage (e.g., Independent Reserve).
- Customer Support: 24/7 live chat (Swyftx) or ticket systems.
How to Sign Up for an Exchange
- Create an Account: Email and password setup.
- Verify Identity: Submit a government ID (KYC compliance).
- Deposit Funds: Via bank transfer, card, or crypto deposit.
👉 Start trading securely with OKX today!
Crypto Taxes in Australia
Australian investors must report capital gains from crypto transactions. Use tools like CoinLedger to auto-generate tax reports.
FAQs
How can I buy crypto in Australia?
Through exchanges like CoinSpot or Swyftx via bank transfer, debit card, or peer-to-peer (P2P) trading.
What is the best crypto exchange in Australia?
OKX and CoinSpot rank highest for fees, security, and coin variety.
Does Coinbase work in Australia?
Yes, Coinbase Australia offers 120+ cryptos with tiered fees.
(Include 3–6 FAQ pairs total…)
Final Thoughts
Choose an exchange matching your trading style and portfolio goals. For beginners, CoinSpot or Swyftx are ideal, while Kraken suits advanced traders.
👉 Explore OKX’s low fees and 160+ cryptos to start investing today!