Top Crypto Exchanges in Australia

Australia’s crypto exchange ecosystem is one of the most regulated and diverse in the world. With AUSTRAC overseeing anti-money laundering compliance and an increasingly crypto-savvy population, local and global platforms offer Australians secure and competitive trading options. Whether you’re a beginner or an institutional trader, pricing, security, and usability are critical when choosing the right exchange. Here is a review the top 10 crypto exchanges in Australia, including fee structures, to help you compare and decide.

At Fintech Review, we’ve conducted deep-dive reviews of major players like Coinbase and Binance, and analysed the leading exchanges across the US and Europe. Now, it’s time to turn our attention to Australia. One of the fastest-maturing crypto markets in the Asia-Pacific region.

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Founded: 2013 (Sydney)
Trading Fees: Tiered – starts at 0.50%, reduces to 0.02% with volume
Deposit/Withdrawal: Free AUD deposits via PayID; EFT withdrawals free

Independent Reserve offers institutional-grade infrastructure with transparent, volume-based pricing. It supports over 30 cryptos and is a top choice for SMSFs and large investors. Its insurance on crypto assets and integration with tax reporting tools like KPMG make it appealing to professionals and financial advisers. The exchange also offers an OTC desk and API access for high-frequency traders.

Best for: High-volume traders and institutions seeking local compliance and insurance.

Founded: 2018 (Brisbane)
Trading Fees: Flat 0.60%
Deposit/Withdrawal: Free AUD deposits via PayID, POLi, OSKO; AUD withdrawals are free

Swyftx is ideal for beginners, with a demo mode and an easy onboarding process. It offers over 300 coins and deep liquidity via global liquidity pools. It features a comprehensive learning hub, tax reporting tools, and portfolio tracking. Users also benefit from its local support team and regular feature updates based on user feedback.

Best for: Beginners and casual investors who want simplicity and support.

Founded: 2013 (Melbourne)
Trading Fees: 1.00% (instant buy/sell), 0.10% (market orders)
Deposit/Withdrawal: Free AUD deposits (PayID, POLi, direct deposit); BPAY 0.9% fee

CoinSpot supports 400+ cryptos and includes a built-in NFT marketplace. It holds ISO 27001 certification for security and is a strong player in the local scene. Its user interface is beginner-friendly, but it also includes features like staking and bundles for diversified investing. The exchange regularly ranks highly in local satisfaction surveys for trust and usability.

Best for: Long-term holders and users seeking a wide range of tokens.

Founded: 2017 (Brisbane)
Trading Fees: Tiered – 0.50% down to 0.10% depending on 30-day volume
Deposit/Withdrawal: Free deposits via PayID; free AUD withdrawals

With over 300 supported cryptos and bill payment using Bitcoin, Digital Surge stands out for ease of use and transparency. Customer support is based in Brisbane and known for fast, personalised responses. The platform also integrates bill payments with BPAY and offers advanced trading charts for more active users.

Best for: Retail users wanting a clean interface and Australian support.

Founded: 2020 (Local arm of global Binance)
Trading Fees: 0.10% standard; reduced to 0.075% with BNB token
Deposit/Withdrawal: Free PayID deposits; AUD withdrawals free

Binance Australia offers global liquidity and a wide product suite including derivatives, staking, and savings. The platform supports a broad range of AUD trading pairs and fiat on-ramps. Users can also access futures and earn products directly from the same account.

Best for: Advanced traders and those seeking altcoin exposure at low fees.

Founded: 2013 (Melbourne)
Trading Fees: Tiered – from 0.85% to 0.10% based on volume
Deposit/Withdrawal: Free PayID deposits; free AUD withdrawals

BTC Markets is one of Australia’s oldest exchanges, supporting high-volume trading and integrations for SMSFs. It offers advanced charting tools and a streamlined dashboard for tracking performance. The company regularly engages in public policy discussions on crypto regulation in Australia.

Best for: Traders who need high liquidity and institutional-level access.

Founded: 2011 (Global; registered in AU)
Trading Fees: 0.16% maker / 0.26% taker
Deposit/Withdrawal: PayID deposits free; AUD withdrawals available via bank transfer

Kraken supports spot and margin trading, staking, and futures. It’s known for security and global reach. The platform includes robust account security options such as hardware key integration and global 24/7 support. Its deep liquidity makes it suitable for high-volume trading across major crypto pairs.

Best for: Advanced users and security-conscious traders.

Founded: 2013 (Melbourne)
Trading Fees: 0.50% flat fee
Deposit/Withdrawal: Free PayID deposits; AUD withdrawals processed via bank transfer

Bitcoin.com.au is a long-standing Australian exchange focused on simplicity, education, and Bitcoin-first investing. It supports a small but curated list of cryptocurrencies, with a clear emphasis on beginner experience and brand trust. With straightforward fees and a well-designed interface, Bitcoin.com.au appeals to users looking to invest in Bitcoin and major assets without the clutter of advanced tools.

Best for: New investors focused on Bitcoin and Ethereum with a clean, beginner-friendly platform.

Founded: 2013 (Melbourne and London)
Trading Fees: Instant buy/sell 1.00%; 0.10–0.25% on CoinJar Exchange
Deposit/Withdrawal: Free PayID deposits; CoinJar Card free to use in AUD

CoinJar is known for its crypto debit card and simple mobile-first design. It offers both basic trading and a pro-level exchange interface. It provides native crypto SMSF support and seamless tax reporting via integration with platforms like Koinly. CoinJar also offers a Mastercard-linked crypto debit card for everyday use.

Best for: Users who want to spend crypto or invest from their phone.

Founded: 2014 (US-based, AU operations)
Trading Fees: Mobile/web trades 1.49%; ActiveTrader platform 0.20% maker / 0.40% taker
Deposit/Withdrawal: Free AUD bank transfers; withdrawal limits apply for crypto

Gemini offers a sleek app, cold storage custody, and insurance coverage. It’s positioned toward premium and compliance-minded users. The exchange offers interest-earning accounts and institutional custody solutions. Its user-centric design and compliance-first approach make it one of the most regulated platforms available in the market.

Best for: Institutions and users prioritising regulatory transparency and security.

Exchange	Trading Fees	Cryptos Supported	Best For
Independent Reserve	0.50% to 0.02% (tiered)	30+	Institutions, SMSFs
Swyftx	Flat 0.60%	300+	Beginners
CoinSpot	1.00% (instant), 0.10% (market)	400+	Token variety
Digital Surge	0.50% to 0.10% (tiered)	300+	Retail and UI simplicity
Binance Australia	0.10%, 0.075% with BNB	Wide range	Advanced traders
BTC Markets	0.85% to 0.10% (tiered)	Top cryptos	High liquidity
Kraken Australia	0.16% maker / 0.26% taker	Top cryptos	Security-focused users
Bitcoin.com.au	Flat 0.50%	BTC, ETH, top assets	Bitcoin-first investors
CoinJar	1.00% (instant), 0.10–0.25% (exchange)	Top cryptos	Mobile-first spending
Gemini Australia	1.49% (web), 0.20%/0.40% (ActiveTrader)	Top cryptos	Regulated institutions

Final Thoughts

Crypto exchanges in Australia offer a mix of convenience, regulatory alignment, and competitive pricing. When comparing platforms, it’s important to consider:

• Fees: Instant buys are often more expensive than market orders
• Deposit and withdrawal methods: PayID and POLi are widely supported
• Licensing and registration: All top exchanges here are AUSTRAC-registered
• Feature set: Some focus on usability, others on advanced trading tools

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