Choosing the right platform is one of the most critical decisions for any crypto trader in Australia. With increasing adoption, regulatory scrutiny, and market volatility, selecting a secure, compliant, and user-friendly exchange can significantly impact your investment success. This guide explores the 10 best Australian crypto exchanges in 2025, evaluated based on security, fees, liquidity, AUD support, regulatory compliance, and user experience.
Whether you're a beginner looking to buy Bitcoin with a credit card or an experienced trader exploring futures and staking, this article will help you make an informed choice — and avoid costly mistakes.
Key Takeaways
- The top crypto exchanges in Australia include eToro, Coinspot, Kraken, Binance AU, OKX, CEX.io, MEXC, LBank, Bitget, and TimeX.
- Always prioritize licensed and regulated platforms to ensure transparency and fund protection.
- Look for exchanges that support direct AUD deposits and withdrawals to avoid unnecessary conversion fees.
- High liquidity ensures faster trade execution at better prices.
- Mobile apps enhance security with biometrics and real-time alerts.
- Even the safest platforms offer limited insurance — self-custody and strong security practices are essential.
What to Look for in an Australian Crypto Exchange
Before diving into the list, it’s important to understand the core factors that separate reliable platforms from risky ones.
✅ Regulation & Licensing
Australia’s financial watchdog, AUSTRAC, regulates cryptocurrency exchanges. Platforms registered with AUSTRAC must comply with anti-money laundering (AML) and counter-terrorism financing (CTF) laws. Choosing a licensed exchange increases your protection and reduces fraud risk.
👉 Discover how top-tier platforms maintain compliance while offering global access.
✅ AUD Deposit & Withdrawal Support
The ability to deposit and withdraw in Australian Dollars (AUD) is crucial. It eliminates foreign exchange fees and simplifies tax reporting. The best exchanges support local payment methods like POLi, PayID, BPAY, and bank transfers.
✅ Security Features
Top exchanges implement:
- Two-factor authentication (2FA)
- Cold storage for 95%+ of assets
- Withdrawal address whitelisting
- Biometric login
- End-to-end encryption
✅ Low & Transparent Fees
Trading fees vary widely — some charge flat rates, others use maker/taker models. Watch out for hidden costs like withdrawal or conversion fees. Active traders should look for tiered fee structures based on volume.
✅ Liquidity & Trading Pairs
High liquidity means your orders fill quickly at market price. It's especially important for large trades. Platforms with deep order books and high trading volumes minimize slippage.
✅ User Experience & Mobile App
A clean interface, real-time charts, and responsive customer support enhance your trading journey. A robust mobile app allows you to monitor prices, set alerts, and execute trades on the go.
10 Best Crypto Exchanges in Australia for 2025
1. eToro – Best for Social Trading
eToro stands out for its copy trading feature, allowing beginners to mirror trades of experienced investors. Regulated in Australia by ASIC, it supports over 100 cryptocurrencies, stocks, and ETFs.
Pros:
- ASIC-regulated
- Intuitive interface
- CopyTrader™ technology
- Educational resources
- Supports AUD via bank transfer and cards
Cons:
- 1% trading fee on crypto
- High crypto withdrawal fees
Ideal for: Beginners and passive investors.
2. Coinspot – Best Local Exchange
As one of Australia’s longest-running exchanges, Coinspot offers 512+ cryptocurrencies and seamless AUD integration via POLi, PayID, and BPAY.
Pros:
- AUSTRAC-registered
- ISO 27001 certified
- Instant buy/sell feature
- Strong security with cold storage
- No fees on deposits
Cons:
- 1% fee on instant buys
- Limited advanced trading tools
Perfect for: Australians wanting a trusted local platform.
3. Kraken – Best for Security & Compliance
Kraken is renowned for its military-grade security, including armed guards at data centers and SMS-free 2FA. It supports AUD via RTGS and offers futures trading.
Pros:
- AUSTRAC-regulated
- 98% cold storage
- Advanced trading options
- Transparent fee structure (0.25% maker / 0.40% taker)
- Excellent customer support
Cons:
- Interface may overwhelm beginners
- AUD deposits only via bank transfer
Best for: Security-conscious and advanced traders.
4. Binance AU – Best for Variety & Liquidity
While the global Binance isn’t available in Australia, Binance AU operates locally with AUSTRAC licensing. It offers competitive fees and access to hundreds of coins.
Pros:
- High liquidity
- Low trading fees (0.1% standard)
- Staking and savings options
- Mobile app with real-time alerts
Cons:
- Limited payment methods compared to global version
- Past regulatory scrutiny globally
Great for: Active traders seeking diverse assets.
5. OKX – Best for Advanced Traders
OKX offers spot, futures, options, and DeFi trading with over 350 cryptocurrencies. Its tiered fee model rewards high-volume traders.
Pros:
- Competitive fees (0.08% maker / 0.1% taker)
- High liquidity
- Advanced order types
- Strong mobile app
- Copy trading available
Cons:
- Not beginner-friendly
- Mixed customer service reviews
👉 Explore how OKX’s advanced tools empower experienced traders worldwide.
Best for: Traders using leverage and algorithmic strategies.
6. CEX.io – Best for Beginners & Intermediates
CEX.io balances simplicity with powerful features. Though not AUSTRAC-regulated, it’s registered in Europe and supports AUD through currency conversion.
Pros:
- Easy-to-use interface
- Supports 230+ assets
- Apple/Google Pay deposits
- Reasonable fees (0.25% spot)
Cons:
- No direct AUD support
- Not regulated in Australia
Suitable for: Users transitioning from beginner to pro.
7. MEXC – Best for Altcoin Access
MEXC lists over 2,900 cryptocurrencies, including early-stage altcoins. It supports AUD via P2P and bank transfer.
Pros:
- Massive coin selection
- Zero maker fees
- High leverage (up to 20x)
- Low taker fees (0.05%)
Cons:
- Regulatory status unclear
- Riskier due to less oversight
Ideal for: Altcoin hunters and speculators.
8. LBank – Best for Global Access
LBank supports 1,499 cryptocurrencies and offers AUD deposits via Revolut and Apple Pay. It’s registered in Canada and the US.
Pros:
- Wide altcoin range
- Competitive fees
- Mobile-friendly design
Cons:
- Not AUSTRAC-regulated
- Limited customer support in Australia
Best for: Traders seeking international exposure.
9. Bitget – Best for Copy Trading & Futures
Bitget offers strong copy trading tools and up to 150x leverage on futures. Its security fund protects users from liquidations.
Pros:
- $300M+ insurance fund
- User-friendly copy trading
- Low fees (0.1% taker)
- Supports AUD via P2P
Cons:
- Not locally regulated
- Complex interface for new users
Great for: Futures traders and social investors.
10. TimeX – Best for Local Compliance
TimeX is fully AUSTRAC-regulated, making it one of the most compliant local options. It supports 23 cryptocurrencies with straightforward trading.
Pros:
- Fully licensed in Australia
- Simple interface
- Supports credit cards and bank transfers
Cons:
- Limited coin selection
- Higher fees (0.5% taker)
Perfect for: Conservative investors prioritizing legality.
How to Choose the Right Exchange for You
Ask yourself:
- Are you a beginner or experienced?
- Do you trade frequently or hold long-term?
- Do you need AUD banking integration?
- Are you interested in staking, futures, or DeFi?
Match your needs with the exchange’s strengths.
How to Sign Up on a Crypto Exchange (5 Steps)
- Create an Account: Visit the official site or app.
- Verify Email: Confirm your email address.
- Complete KYC: Upload ID and proof of address.
- Enable Security: Turn on 2FA and biometrics.
- Deposit Funds: Add AUD or crypto to start trading.
Always use official links to avoid phishing scams.
Crypto Taxation in Australia: What You Need to Know
The Australian Taxation Office (ATO) treats crypto as property. Key rules:
| Activity | Tax Type | Notes |
|---|---|---|
| Buying crypto with AUD | Not taxable | No tax event |
| Selling crypto | Capital Gains Tax (CGT) | 50% discount if held >12 months |
| Trading crypto-to-crypto | CGT | Treated as disposal |
| Earning staking rewards | Income Tax | Based on market value at receipt |
| Getting paid in crypto | Income Tax | Must report as ordinary income |
Use a crypto tax calculator to track transactions across exchanges and wallets.
👉 Learn how leading platforms help users stay tax-compliant with automated reporting tools.
Frequently Asked Questions (FAQ)
What is the safest crypto exchange in Australia?
Coinspot, Kraken, and eToro are among the safest due to strong regulation (ASIC/AUSTRAC), cold storage, and ISO certifications.
Can I buy crypto with AUD instantly?
Yes — platforms like Coinspot, Kraken, and Binance AU allow instant purchases using bank transfer, PayID, or card.
Do I need to pay tax when I buy crypto?
No. Buying crypto with AUD is not a taxable event. Tax applies only when you sell, trade, or spend it.
Which exchange has the lowest fees in Australia?
MEXC offers zero maker fees and 0.05% taker fees. Bitget and OKX also have competitive rates for active traders.
Are my funds insured on crypto exchanges?
Most don’t offer full insurance. Some, like Bitget, maintain proprietary funds to cover breaches — but never rely solely on this. Use strong passwords and hardware wallets for large holdings.
Is Binance available in Australia?
Yes — through Binance AU, a locally licensed entity offering AUD support and compliance with AUSTRAC rules.
Final Thoughts
The best Australian crypto exchange in 2025 depends on your goals: security, cost, features, or ease of use. Whether you prefer a local platform like Coinspot or a global powerhouse like OKX, always prioritize regulation, AUD support, and robust security.
Take time to test platforms with small deposits before committing large amounts. With the right exchange, you can trade confidently — and stay ahead in Australia’s evolving crypto landscape.