8 BEST Crypto Exchanges in Australia (2025)
Krishna Rungta
The high number of crypto exchanges in Australia offers you various choices. Hallmarks of a good crypto exchange are reliability, security, and user-friendliness. Don’t be hasty while choosing because picking the wrong one exposes you to the risk of fraud and hacking and may incur high transaction fees.
After researching over 30+ BEST Crypto Exchange Australia platforms for over 119+ hours, I have handpicked the most reliable options. The crypto exchanges I chose these crypto exchanges to provide you with the best coins because they are secure, regulated, and come with top trading features. My comprehensive and well-researched article provides insightful, trusted, and credible reviews that you will find incredibly valuable. This ultimate list of exchanges may help you find the best fit for your trading needs. Be sure to read the full article to discover exclusive and verified insights. Read more…
Uphold is one of the best crypto exchanges in Australia, offering a user-friendly platform for trading Bitcoin, Ethereum, and many other assets. It stands out for its transparent fee structure, intuitive mobile app, and multi-asset support including precious metals and fiat currencies.
Best Australian Crypto Exchanges / Platforms: Top Picks!
| Tool | Best Feature | Deposit Fee | Withdrawal Fee | Free Trial | Link |
|---|---|---|---|---|---|
👍 Uphold |
Multi-asset trading | $0 (Free), 3.99% debit card and credit card fee. | $0 (Free) except for a network fee between crypto wallets | Available, with instant withdrawals | Learn More |
 👍 Zengo |
Industry-leading security | $0(Free) | $0 (Free) | Free account, with non-custodial crypto storage | Learn More |
 Binance |
P2P trading | $0 (Free) | Varies by blockchain, like ETH or BTC | Free account with instant withdrawals | Learn More |
 Kraken |
Secure and Regulated Crypto Trading | $0 (Free) | Varies by blockchain, 0.00001 BTC | Free account with instant withdrawals | Learn More |
 ChangeNow |
Private cryptocurrency swaps | From 0.5% | $0(Free) | Free account with a refund guarantee | Learn More |
1) Uphold
Uphold: Trade and Discover crypto!
Uphold has an amazing platform, with a user base of more than 10 million across 184+ countries. I reviewed the platform and found it ideal for buying, trading, and holding over 250 cryptocurrencies, alongside traditional currencies and precious metals. One remarkable aspect is its 100% reserve model, which is great for keeping funds secure. Plus, Uphold updates asset and liability data every 30 seconds, ensuring top-notch transparency.
Best Feature: Multi-asset trading
Coins Supported: 250+ coins, including BTC, ETH, XRP, ADS etc.
Supported Payment Methods: Debit and credit cards.
Price: Free
Features:
- Exchange Connectivity: Connected to 26 exchanges to find you the most effective token prices across the market.
- Uphold Card Access: Spend assets worldwide with the Uphold Card, available only to users in the UK. I found this feature convenient for global transactions.
- Recurring Transactions Setup: Allows you to set up automatic, recurring transactions, aiming to make dollar-cost averaging seamless.
- Advanced Trading: Includes advanced trading options like take profit and trailing stop loss, helpful to maximize profit.
- Token Support Range: Provides a broad range of tokens, including the earliest ones, ensuring diversified investment options.
- Easy Fund Transfers: Send funds easily to any Uphold account using just an email address, a great option for quick transactions.
Pros
Cons
Trading Fees:
Uphold applies a 0.5% fee for makers and a 1.0% fee for takers. Deposits made with debit/credit cards or through Google and Apple Pay incur a 3.99% fee. Withdrawals are generally free, except for those to a debit card, which have a 1.75% fee. The minimum trade amount is $1, with a fixed fee of $0.99 for trades below $500.
Free Wallet
2) Zengo
Most Secure Non-custodial Wallet
Zengo offers a unique approach to crypto security. I checked its features, and I particularly appreciate that it avoids private key vulnerabilities. It helped me feel more secure, knowing that encrypted biometrics protected my assets. According to my research, this is one of the safest Web3 wallets out there. It is an awesome solution for anyone who wants reliable security in their crypto exchanges.
Millions of dollars of NFTs have been lost or stolen because of private key mismanagement. With no private key to lose or steal, Zengo’s wallet removes the main vulnerability leading to NFT theft – a hacker’s worst nightmare. Zengo offers 24/7 in-app customer service with real people and supports 380+ assets, including Bitcoin, Ethereum, USDT and Tezos.
Best Feature: Industry-leading security
Coins Supported: 380+ including ETH, BTC, USDT, USDC etc.
Supported Payment Methods: Maestro, bank transfers, Apple Pay, and credit cards.
Price: Free
Features:
- Seed-phrase-free security with MPC + 3FA: Zengo removes the single point of failure that seed phrases create. Its institutional-grade MPC signs each transaction across two distributed secrets, then adds FaceLock biometrics as a third recovery factor if your phone is lost. While testing this feature I deliberately deleted the app and recovered funds in minutes to prove resilience.
- Direct AUD on-ramps for Australians: Australian traders can buy Bitcoin, ETH, or stablecoins in AUD with Visa, Mastercard, Apple Pay, or instant bank transfer. Verification meets local AML rules, yet onboarding took me under five minutes. You will notice lower slippage on small orders because liquidity is routed via partners Banxa and MoonPay.
- 380+ assets with one-tap ETH & XTZ staking: Support for more than 380 cryptoassets—including Tezos and the full ERC-20 roster—means the wallet scales as your portfolio diversifies. Staking ETH or XTZ is one tap away through WalletConnect. I previously earned 4 % APY on a modest Tezos bag without ever leaving the app.
- Web3 Firewall and Withdrawal Protection in Zengo Pro: Zengo Pro’s Web3 Firewall decodes risky smart-contract calls before you sign and blocks suspicious dApp permissions. Asset Withdrawal Protection can demand a fresh FaceLock scan for transfers above limits you set. Those guardrails once saved me from approving a malicious Permit signature on a testnet marketplace.
- Legendary 24/7 in-app human support and spotless record: Even seasoned traders value immediate help when markets move. Live human support sits inside the app and answered my Sunday-night ticket in two minutes. Over 1.5 million users have trusted Zengo since 2018, and not a single wallet has ever been hacked.
Pros
Cons
Trading Fees:
Zengo Essentials is available for free. Minimum purchase amounts usually begin at $50, while maximum limits vary by payment provider.
Free Wallet
3) Binance
Best for Advanced Features and Deep Liquidity in Australia
Binance’s dynamic trading interface made it seamless to manage trades, set up strategic alerts, and monitor market trends in real time. I particularly liked switching between the Lite and Pro modes on mobile — ideal for beginners and advanced users alike.
Binance supports PayID and Osko for instant AUD deposits, which is incredibly convenient for Australian users. I also found the Cross and Isolated Margin options useful for testing higher-risk strategies, while the built-in SAFU fund gave me peace of mind.
Features:
- Extensive Cryptocurrency Selection: Binance supports over 350 cryptocurrencies, giving Aussie traders access to a wide range of tokens, from popular picks to emerging altcoins.
- Margin Trading Access: Binance offers both Cross and Isolated Margin options, allowing advanced users to trade with leverage while controlling exposure.
- Mobile Trading: Whether you’re just starting out or a seasoned trader, Binance’s dual-mode app makes trading intuitive and customizable.
- P2P Trading: Trade crypto directly with other Aussies using local payment options like Revolut and PayID — ideal for fast, personalized exchanges.
- Passive Income with Binance Earn: Stake, save, or subscribe to flexible products to earn yield on your idle assets.
- Advanced Charting via TradingView: Use real-time technical analysis tools and deep charting insights to refine your strategies right within Binance.
- Secure Asset Fund for Users: Binance allocates a portion of fees to an emergency insurance fund, offering a safety net in the event of unexpected breaches.
- Education Through Binance Academy: Learn crypto trading, blockchain, and security basics via expert-curated lessons tailored to all experience levels.
Pros
Cons
Trading Fees:
Binance offers highly competitive fees starting at just 0.10% for spot trading, and you can reduce fees even further using BNB tokens. AUD deposits via PayID and Osko are completely free, and P2P trades often carry zero maker fees. There’s also no charge to withdraw AUD via local bank transfers, making Binance one of the most cost-efficient platforms for Australian traders.
4) Kraken
Best Full-Featured Exchange for Australians
Kraken is a globally trusted crypto exchange offering deep AUD liquidity, robust security, and compliance with Australian financial regulations. It stands out with seamless local integrations like instant PayID and Osko transfers, making it incredibly efficient for Aussies to manage digital assets.
Kraken supports trading in over 200 cryptocurrencies, including BTC, ETH, ADA, and SOL, along with 13 AUD-specific pairs for localized trading. Its advanced Kraken Pro interface supports features like margin trading, futures, and volume-based fee discounts. Unlike some offshore platforms, Kraken gives you a regulated, transparent experience—without compromising on power or performance.
Features:
- Advanced Trading Tools: Kraken Pro provides margin trading, futures contracts, and pro-grade charting tools to support active and institutional-level traders.
- Regulatory Compliance: Fully registered with AUSTRAC, Kraken operates with strict adherence to Australian financial laws, ensuring transparency and legal protection.
- Security Measures: With robust protections like 2FA, cold wallet storage, and industry-leading encryption, Kraken is one of the most secure crypto platforms available.
- Staking Rewards: Earn passive income with Kraken’s staking service, which supports various assets and offers competitive reward rates.
- Wide Market Access: Beyond crypto, Kraken is expanding into traditional finance—soon allowing commission-free U.S. stock and ETF trading.
- Global Support, Local Focus: Offers 24/7 customer service and localized features for the Australian market, bridging global scale with domestic accessibility.
- No Hidden Fiat Barriers: Kraken supports fiat currencies including AUD, USD, and EUR, giving you the flexibility to travel or invest internationally with ease.
Pros
Cons
Trading Fees:
Kraken’s maker-taker fee model starts at 0.16% (maker) / 0.26% (taker) on Kraken Pro, with significant discounts available for high-volume traders. AUD deposits and withdrawals are free and instant, adding even more value for Australian users.
5) ChangeNow
Best for instant and private cryptocurrency swaps
ChangeNow is one of the easiest platforms I have checked for crypto trading. In my experience, the non-custodial model ensures that you do not need to store your assets, which is ideal. I was able to explore several trading pairs without trouble. The connection with Simplex allows you to make quick bank transfers, which is one of the most effective features of ChangeNow.
ChangeNow is suitable for advanced and amateur traders, offering unique features for each category. It complies with regulatory controls to protect your interests by securing your assets. You don’t need KYC to transact unless it’s for huge transactions. It supports around 28 languages to help you trade with your preferences. For better predictability, the exchange uses fixed and classic rates to charge transaction fees.
Features:
- Crypto Swaps: Allows custody-free crypto swaps, offering over 50,000 crypto pairs for extensive trading options.
- Market Rates: Provides the best transaction rates in the market for crypto exchange to ensure optimal value.
- Partnerships: Partners with top exchanges and wallets like Trezor, Trust, Ledger, and Binance for seamless connectivity.
- Customer Satisfaction: Records over 1 million satisfied clients, with a transaction success rate of approximately 98%.
- DeFi-Based Exchange: Aims to operate as a DeFi-based platform to ensure complete decentralization during transactions.
- Fiat Purchases: Allows the use of up to 50 fiat currencies to purchase cryptocurrency, ensuring global accessibility.
- Cashback and History: I can instantly access cashback rewards and transaction history across various exchanges, which is helpful to track my activity.
- Mobile Compatibility: Mobile-optimized for both iOS and Android platforms, allowing easy access on your smartphone.
Pros
Cons
Trading Fees:
ChangeNow features a trading commission starting at 0.5%, allowing users to begin trading with a minimal $2 deposit. The deposit fee also starts at 0.5%, and withdrawals come without extra charges. Although ChangeNow offers competitive rates, users should note that network fees may apply for cryptocurrency withdrawals. However, there is no signup bonus available.
6) DigitalSurge
Best for managing a crypto portfolio with the help of industry experts
DigitalSurge provides free AUD transactions, which I found to be a great option for saving fees. I discovered that holding up to 13 crypto assets could earn interest, which is impressive. The easy-to-use interface allowed me to monitor my coins without any hassle. I also liked the premium support, which helps you get advice on trading strategies. With BPAY, I could settle bills using my crypto balance. It automatically converts crypto to AUD, which might be helpful to get the best conversion rates.
Features:
- Cryptocurrency: DigitalSurge offers over 350 cryptocurrencies, allowing you to use both cold and hot wallets effectively.
- User-Friendly Interface: I found the easy-to-use interface great for record-low trading fees without any hidden costs.
- Instant Deposits: Deposit funds instantly at any time using POLi and PAYID, making it one of the easiest options.
- Enhanced Security: The exchange provides a multi-layer security system with two-factor authentication, protecting all your withdrawals.
- Customer Support: Allows personalization of customer support preferences, making it helpful to get assistance as needed.
- Mobile Compatibility: Mobile-friendly platform available on iOS and Android devices, offering a great way to trade on the go.
Pros
Cons
Trading Fees:
DigitalSurge provides a competitive trading commission of 0.5%, with trading accessible through a minimal $1 deposit and a $20 withdrawal threshold. Users enjoy free deposits and withdrawals, making transactions cost-effective. New users receive a $10 signup bonus, and a free account option is available. For added assurance, DigitalSurge offers partial or full refunds if users are dissatisfied, prioritizing user satisfaction and trust.
Link: https://www.digitalsurge.com.au/
7) CoinSpot
Best for cryptocurrency bundle offers
CoinSpot aims to be beginner-friendly while catering to Australian residents with some great features. I reviewed that it keeps crypto assets in cold storage, making sure you avoid fraud risks. I also discovered that it allows you to set up custom security settings for protecting cryptocurrencies and NFTs. Since it is regulated by Australian authorities, I can confidently say it is one of the easiest exchanges to trust.
It has an NFT marketplace that lets you access user generated and the most traded fan tokens. You don’t need to create a third-party NFT account, as you can pay from your crypto balance. It has a community that allows you to engage with other users on the exchange. You can purchase bundles if you’re unsure of the crypto assets you want to buy.
Features:
- Cryptocurrency Range: CoinSpot offers over 500 cryptocurrencies and a variety of deposit methods, providing a great way to diversify.
- User-Friendly Interface: It features a user-friendly interface that allows quick access to most functions, making the signup process easy.
- Two-Factor Authentication: Provides two-factor authentication for account security, with Sci Qual and Blockchain Australia certifications for added trust. I found this to be one of the best ways to keep my account secure.
- AUD Support: Supports Australian Dollar (AUD) transactions seamlessly, with a MasterCard that allows you to pay directly from your crypto balance.
- Customer Support: It has a 24/7 help desk and live chat, typically responding within half a minute for prompt assistance.
- Mobile Compatibility: The platform is optimized for iOS and Android users, providing easy access to trading features on the go.
Pros
Cons
Trading Fees:
CoinSpot features a straightforward trading fee structure: 1% for instant trades and 0.1% for market orders. Users can get started with a low minimum deposit of $1, with no withdrawal limits, ensuring maximum flexibility. Most deposit methods, such as PayID and bank transfers, are free, though card deposits incur a 1.88% fee, cash deposits 2.5%, and BPAY 0.9%. Withdrawals to Australian bank accounts are completely free, adding to the platform’s cost efficiency. New users also receive a $10 signup bonus, and CoinSpot’s free account allows instant withdrawals, enabling quick access to funds.
Link: https://www.coinspot.com.au/
8) Coinstash
Best for access to a wide range of Australian deposit methods
Coinstash impressed me with its regulated status, adding credibility. According to my research, every user needs to complete KYC verification, which makes the platform secure. It offers many altcoins, making it a great option for easy crypto swaps. During my review, I created a separate wallet on Coinstash, which allowed me to manage my coins and connect to other exchanges.
The exchange uses SSO encryption to secure your account and crypto assets. You can enable two-factor authentication for multi-layered security. Two-factor authentication is mandatory for all to reduce the risk of fraud. Access the blog section to learn about Coinstash and get the latest crypto news. It also has a dedicated educational platform for trading information.
Features:
- Cryptocurrency Selection: Coinstash allows you to trade over 1000 popular cryptocurrencies, providing a vast selection for Australian traders.
- AUSTRAC Registration: The exchange is AUSTRAC registered, ensuring credibility and compliance with Australian regulations.
- Automatic Purchase Setup: I found it helpful to set up automatic purchases with Coinstash Bundles for a simpler trading experience.
- Australian Dollar: Seamlessly supports transactions using Australian Dollar (AUD), perfect for local cryptocurrency traders.
- Access to DeFi: Gain access to numerous DeFi features, allowing you to enhance your cryptocurrency experience.
- Mobile Compatibility: Mobile-friendly design ensures smooth usage on both iOS and Android platforms for convenient access.
Pros
Cons
Trading Fees:
Coinstash provides a competitive 0.85% trading commission, enabling users to start trading with as little as $1. With no minimum withdrawal limit and zero fees for both deposits and withdrawals, users enjoy a flexible and cost-effective experience. New users also receive a $10 signup bonus. Additionally, Coinstash offers a free account and instant withdrawals, ensuring quick and convenient access to funds at any time.
Link: https://coinstash.com.au/
What is an Australian crypto exchange?
An Australian crypto exchange is a digital marketplace headquartered in Australia designed for the purchase, sale, & trade of cryptocurrencies. These platforms enable users to transact in digital assets, such as Bitcoin & Ethereum, offering direct pairings with the Australian Dollars. They are tailored to meet the requirements of Australian users, incorporating local payment options & offering region-specific customer support.
How Did We Choose the Best Crypto Trading Platform in Australia?
Guru99’s cryptocurrency reviews are backed by extensive research and expertise, aimed at providing accurate and unbiased information. After over 119+ hours of research on 30+ crypto exchange platforms in Australia, I have handpicked the most reliable options. These exchanges offer the best coins, are secure, regulated, and feature top trading tools. My comprehensive article offers insightful, trusted, and credible reviews to help you make informed decisions in the evolving crypto landscape. Check out below important factors of choosing a crypto exchange requires due diligence on platform features to find the best fit for your trading needs.
- Jurisdiction/Regulation: Australia regulates crypto exchanges through the Reserve Bank of Australia. It does not have its central bank digital currency but expects exchanges to follow financial rules. Choose a regulated crypto exchange in Australia for the security of the financial service. Otherwise, you are susceptible to fraud, exchange bankruptcy, and cyber threats.
- Usability: A crypto exchange should have a user-friendly web platform and mobile apps. It is essential to help you familiarize yourself with its services. You don’t want an error-prone exchange with many redundant features. It wastes your time, and it is unclear. Select an exchange with an elegant interface and straightforward features.
- Liquidity: Liquidity means the ease of conversion of crypto to fiat and vice versa. A good crypto exchange should allow instant swaps, deposits, and withdrawals. It is crucial for your trading experience. You also get a viable exit strategy on a trade or when you want to withdraw. It gives you better control over your holdings.
- Type/Number of Assets: There are tens of thousands of crypto coins. An exchange shouldn’t list all. You need an exchange that verifies the legitimacy of coins before listing. It should also give you a wide variety of the most valuable assets in the market.
- Security Features: You don’t want an exchange that leaves you vulnerable to cyber threats and fraud. An exchange should have top security features such as two-factor authentication, advanced encryption, and cold storage. Opt for a non-custodial wallet to have more control over your crypto assets. You also trade on different exchanges and manage your portfolio.
- Market Reputation:- Market reputation matters for the credibility of a crypto exchange. For example, you must avoid exchanges with frequent customer complaints about security issues. You can look up user reviews and testimonials to gain insights into an exchange’s reputation.
- Trading Commission: You require an exchange that gives you value for your investment. Choose a crypto exchange with low spread fees and fixed charges. It gives you the flexibility to do more with your investment. Otherwise, you’ll lose more than you gain.
Types of Crypto Exchanges in Australia
In Australia, as in many other countries, there are several types of crypto exchanges catering to different user needs. Here are some common types of crypto exchanges you can find in Australia:
Centralized Exchanges (CEXs): Centralized exchanges are the most common type and are often recommended for beginners. They act as intermediaries between buyers &and sellers, providing an easy-to-use platform for trading various cryptocurrencies. Some popular centralized exchanges in Australia include Independent Reserve and CoinSpot.
Decentralized Exchanges (DEXs): DEXs operate without a central authority and allow users to trade cryptocurrencies directly from their wallets, enhancing privacy and control over funds. While less common in Australia, there are DEX options like Kyber Network and Uniswap.
Peer-to-Peer (P2P) Exchanges: P2P exchanges connect buyers and sellers directly, enabling them to negotiate prices and terms. These platforms often support multiple payment methods, making them versatile for users. LocalBitcoins is an example of a P2P exchange.
Cryptocurrency Brokers: Brokers simplify the buying process by allowing users to purchase cryptocurrencies at set prices, often with various payment options. These platforms are user-friendly and popular among newcomers. Swyftx is an example of a cryptocurrency broker in Australia.
Futures and Derivatives Exchanges: These exchanges cater to traders interested in cryptocurrency futures contracts and options trading. While not as prevalent as traditional exchanges, they offer advanced trading features. Some examples include BitMEX and Binance Futures.
Crypto Wallet Exchanges: Some cryptocurrency wallet providers, such as Exodus and Coinomi, offer integrated exchange services, allowing users to swap cryptocurrencies within their wallets.
Verdict
I have explored crypto exchanges in Australia to understand which platforms offer the most secure, reliable, and user-friendly trading experiences. My review emphasizes the best features of the top exchanges to make crypto trading seamless for users. Check my verdict for a clear recommendation.
- Uphold is a secure and comprehensive choice for users interested in diversified crypto and traditional investments, featuring over 250 coins and real-time asset transparency.
- Zengo provides top-notch security by eliminating private key vulnerabilities with encrypted biometrics, ensuring user-friendly access to over 380 coins and robust support.
- Binance’s dynamic trading interface made it seamless to manage trades, set up strategic alerts, and monitor market trends in real time.
