Are you looking for the top crypto apps in Australia? Well, you are not alone. You know, crypto trading is booming in the land down under. More and more Australians are investing in digital assets. But how do you choose the right Australian exchange for your needs? There are many factors to consider, such as AUSTRAC licensing, trading fees, security, features, supported coins, customer support, and more.
That’s why we have tested and reviewed the 10 best crypto exchanges in Australia. We will share our findings and recommendations with you.
Table of Contents
Top 10 Crypto Exchanges Australia Ranked
- Kraken: Overall best crypto exchange in Australia 2026 (AUSTRAC licensed)
- BingX: Most secure crypto exchange Australia (low fees)
- Bybit: Best exchange for derivatives trading (futures and leverage trading)
- Bitcoin.com.au: Best AUSTRAC-registered crypto exchange
- MEXC: Top no-KYC platform for Australian crypto traders
- KuCoin: Best altcoin trading crypto app for Aussies
- Independent Reserve: Best Bitcoin exchange in Australia
- Swyftx: Best for depositing AUD fiat currency
- Binance: Biggest Australian crypto exchange by trading volume
- Pionex: Top-rated exchange for crypto trading bots
Comparison between Best Crypto Exchanges and Apps in Australia
| Exchange | AUSTRAC Licensed | Supported Coins | AUD Support (fiat, deposit/withdraw) | Trading Fees | Overall Rating |
|---|---|---|---|---|---|
| Kraken | Yes | ~ 400+ | AUD pairs supported, bank transfers | 0.16% maker / 0.26% taker | 4.8/5 |
| BingX | Yes | ~ 700+ | Supports AUD deposits via third-party / P2P | 0.10% | 4.7/5 |
| Bybit | Yes (AU branch InvestByBit) | ~ 1,200+ | Supports AUD via local methods & P2P | 0.10% | 4.6/5 |
| Bitcoin.com.au | Compliant via Independent Reserve | ~ 40+ | Full AUD support | 0.10% – 0.50% | 4.6/5 |
| MEXC | No | ~ 3,000+ pairs | AUD via P2P / gateway | Maker free / Taker 0.05% | 4.5/5 |
| KuCoin | No | ~ 1,000+ | AUD via third-party / P2P | ~ 0.10% | 4.4/5 |
| Independent Reserve | Yes | ~ 40+ | Full AUD banking, PayID | 0.02% – 0.50% (tiered) | 4.3/5 |
| Swyftx | Yes | ~ 400+ | Full AUD support via PayID, bank | 0.60% → 0.10% (tiered) | 4.2/5 |
| Binance Australia | Yes | ~ 600+ | AUD deposit/withdraw, bank | ~ 0.10% | 4.1/5 |
| Pionex | No | ~ 100+ | AUD via gateway / card | ~ 0.05% | 4/5 |
| CoinSpot | Yes | ~ 530+ | Full AUD support (bank / PayID free) | 1% | 3.8/5 |
| CoinJar | Yes | ~ 60+ | AUD support, bank / PayID | 1% | 3.5/5 |
What are the best Crypto Exchanges in Australia?
When it comes to crypto trading platforms in Australia, there are several reputable platforms to consider. These exchanges offer a range of features such as a diverse selection of cryptocurrencies, user-friendly interfaces, strong security measures, and reliable services.
Here are some of the best crypto exchanges in Australia based on their reputation and popularity.
1. Kraken: Overall best crypto exchange Australia 2026
Kraken is arguably the best crypto exchange in Australia to offer right now, giving you a really strong mix of low fees, incredible security, and a huge selection of assets. Actually, they’ve been around since 2011, which in crypto years feels like forever, and that long history really builds a lot of trust.
They are well-known globally for their dedication to security, which includes keeping most client funds in cold storage, which means offline, so hackers can’t get to it easily. For Australians, the platform supports direct AUD deposits.
Kraken offers two different interfaces: the simple ‘Instant Buy’ option for beginners, and the ‘Kraken Pro’ platform for experienced traders who want all the advanced charting tools and order types. It is also AUSTRAC registered.
Fees & AUD Payment Methods
The spot trading fees on Kraken are really competitive, using a maker-taker model based on your 30-day trading volume. Generally, base maker fees start at about 0.2% and taker fees at 0.4%, but they drop substantially as your volume increases.
You can easily fund your account using AUD through several methods like PayID/Osko, bank transfers, or even wire transfers. Also, these AUD deposits through PayID are usually free and super quick.
Read: Safest cold wallets for crypto storage
2. BingX: Most secure crypto exchange Australia (low fees)
BingX is another fantastic platform that seriously focuses on being the most secure crypto exchange Australia has access to, and they pair that security with incredibly low trading fees. Their security measures are top-notch, including proof-of-reserves and a robust insurance fund to protect user assets.
This exchange is totally a global player, but they have quickly gained a solid following in Australia, especially among people who value a safe trading environment and good value. BingX is famous for its excellent Copy Trading feature, which allows you to automatically mirror the trades of successful, verified professional traders.
Fees & AUD Payment Methods
Spot trading on BingX is super cheap, with a basic maker fee of 0.10% and a taker fee of 0.10%. If you use their native token to pay fees, you can get a further discount, which is a nice bonus.
For deposits, BingX supports AUD transactions through several convenient methods. You can use Bank Transfer, Credit/Debit Card payments, and also access various P2P (Peer-to-Peer) merchant channels to buy crypto directly with AUD.
3. Bybit: Best exchange for derivatives trading
Bybit is the hands-down winner and the best crypto exchange for Australians who want to dive into derivatives trading. This exchange has built a strong reputation since 2018 for its incredibly fast matching engine, which is capable of handling 100,000 transactions per second without any lag or downtime.
Their platform is known for its excellent liquidity, meaning you can open and close large positions quickly without major price slippage. While Bybit started with derivatives, it has greatly expanded its spot market and now offers features like staking, crypto loans, and a launchpad for new projects.
Fees & AUD Payment Methods
The spot trading fees on Bybit are highly competitive, starting from a tiny 0.10% for both maker and taker orders, and these drop as your trading volume increases. For derivatives, the fees are even lower, at 0.02% for makers and 0.055% for takers.
You can fund your account with AUD through several methods. The primary ways include third-party services like Simplex or Banxa to use your Credit/Debit Card, or via their P2P platform, letting you buy crypto directly from other users with AUD.
4. Bitcoin.com.au: Best AUSTRAC-registered crypto exchange
Bitcoin.com.au has been around since 2013, making it one of the older Australian-owned crypto exchanges. This platform is a registered Digital Currency Exchange with AUSTRAC, which is Australia’s financial intelligence agency. This registration means they adhere to strict Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) rules.
The platform works both as a website and a mobile app. The site is incredibly simple to use, offering a straightforward buy/sell process, which is why it’s so popular with beginners who just want to quickly purchase major coins like Bitcoin, Ethereum, and a handful of other popular cryptocurrencies.
Fees & AUD Payment Methods
You’ll find that Bitcoin.com.au charges a straightforward, flat fee of 1% on all buy and sell orders, which is higher than market order fees on some other platforms, but it is super clear with no hidden complexity.
You can deposit funds instantly using PayID/Osko Bank Transfer for free (for amounts over $100), or you can use your Debit/Credit Card, and even PayPal, all with zero deposit fees from them (though third-party fees may apply).
5. MEXC: Top no-KYC platform for Australian crypto traders
MEXC is another of the best no-KYC crypto exchanges for Australian traders who want to prioritize privacy and access to a massive list of new and small-cap altcoins. While the exchange is not Australian-based, it offers users the ability to trade immediately after signing up with just an email, without needing to complete full Know-Your-Customer (KYC) verification.
MEXC is absolutely massive in terms of asset selection, listing 3,000+ tokens, including many early-stage projects you simply won’t find on larger, more regulated exchanges. It’s a goldmine for altcoin hunters. The platform is powerful, providing all the necessary tools for spot, margin, futures, and ETF trading.
Fees & AUD Payment Methods
The spot trading fees on MEXC are incredibly low, with both maker and taker fees starting at a totally competitive 0.05%, and they can drop to zero for large-volume traders.
When it comes to funding your account with AUD, there are a couple of ways you can do it. Mainly, you can use third-party payment processors like Banxa or Simplex to buy crypto with your Credit/Debit Card using AUD. Direct AUD bank transfers are generally not a feature, so you are kind of relying on those other methods to get started. I would suggest that MEXC is best for crypto-to-crypto trading only.
6. KuCoin: Best altcoin trading crypto app for Aussies
KuCoin earns the title of the best altcoin exchange for Australians because of its enormous range of listed cryptocurrencies and its strong community focus. Basically, KuCoin is often referred to as the ‘People’s Exchange’ due to its user-friendly interface and its reputation for listing smaller, more speculative altcoins very early on, often before they make it onto bigger platforms.
You can find over 700 different digital assets here, so if you are looking beyond Bitcoin and Ethereum, this is the place to be. Their mobile app is exceptionally well-designed and popular, making it super easy to manage your portfolio, trade, and even participate in their staking or lending programs right from your phone.
They also offer a huge variety of features like futures trading, a dedicated trading bot service, and their own platform token (KCS) that gives you trading fee discounts.
Fees & AUD Payment Methods
You’ll find KuCoin’s spot trading fees are quite reasonable, with a base rate for both maker and taker starting at 0.10%, and you can reduce these fees further by holding their native KCS token.
For depositing Australian dollars, you mostly need to use a few specific routes. You can buy crypto directly using your Credit/Debit Card through their third-party partners, or you can leverage their robust P2P marketplace to find other users to trade AUD for crypto.
Well, they also sometimes support direct AUD deposits via bank transfers, but this is less common than other methods and can be subject to availability.
7. Independent Reserve: Best Bitcoin exchange in Australia
Independent Reserve is the best Bitcoin exchange in Australia for investors and self-managed super funds (SMSFs) who value institutional-grade security, local compliance, and a strong focus on high net worth individuals.
Okay, this is one of the most established and trusted Australian-based exchanges, having launched way back in 2013. They are totally a fully AUSTRAC-registered entity and are also ISO 27001 certified, which is an international gold standard for information security management, and that seriously shows their commitment to keeping your funds safe.
The platform is known for its deep liquidity, especially for major coins like Bitcoin, making it an excellent choice for executing large trades. They also offer excellent tax reporting tools that integrate with popular Australian tax software, a huge benefit for Aussie traders.
Fees & AUD Payment Methods
Independent Reserve offers a competitive, volume-tiered fee structure. Their trading fees start at 0.50% and can drop all the way down to a seriously low 0.02% if you are a high-volume trader, which is a great deal.
Just for AUD deposits, they make it very easy for Australians. You can deposit AUD instantly and for free using PayID/Osko Bank Transfers, and they also support traditional bank wire transfers, though those can take a bit longer. They also offer third-party options for Credit/Debit Cards, but the free bank transfer is basically the best way to go.
8. Swyftx: Best for depositing AUD fiat currency
Swyftx is best for depositing AUD fiat currency because of its absolute dedication to making the process fast, free, and incredibly simple for Australian users. They are an Australian-based, AUSTRAC-registered exchange that has worked hard to provide near-instant deposits using PayID and Osko, meaning your Australian dollars land in your trading account almost immediately, 24/7, with no deposit fee.
So, for people who need to get cash into the market fast, Swyftx is a clear favorite. Their platform is known for being extremely user-friendly and beginner-friendly, and they offer a massive selection of over 400 digital assets.
They also have a unique ‘demo mode’ feature, allowing you to practice trading with fake money before you commit your real AUD, which is a totally great feature for anyone just starting out.
Fees & AUD Payment Methods
The main trading fee on Swyftx is a flat 0.60% for all trades. Well, while not the absolute lowest, this fee includes the spread, which they keep quite tight compared to other broker-style platforms, so the effective trading cost is quite fair.
Basically, for AUD deposits, you can use PayID/Osko Bank Transfer (free and instant), traditional Bank Wire Transfer (free, but a bit slower), and they also support using Credit/Debit Cards. Just to be clear, AUD withdrawals are also free, making the process of moving money in and out super efficient for Australians.
9. Binance: Biggest Australian crypto exchange by trading volume
Binance is actually the biggest Australian crypto exchange by trading volume in the world, which gives it massive advantages in terms of liquidity and asset choice.
For Australian traders, the sheer volume means you can always execute your trades at the price you want, which is a seriously big deal, especially for large orders. Binance offers over 550 different cryptocurrencies and a massive suite of trading products, including advanced features like futures, options, staking, and savings accounts.
While they have faced some regulatory hurdles globally, they maintain a dedicated platform for Australian users that adheres to local requirements. The Binance trading interface is incredibly powerful, offering depth and features that appeal most to experienced and highly active traders.
Fees & AUD Payment Methods
You’ll find Binance is famous for having some of the lowest trading fees in the industry. Spot trading fees start at a tiny 0.10% for both makers and takers, and you can get an extra 25% discount if you pay those fees using their native token, BNB.
Well, getting AUD into your account can change due to various restrictions. They usually offer AUD deposits via bank transfer (often free) and sometimes through Credit/Debit Card payments via third parties.
By the way, the best way to deposit might be to buy a stablecoin first on another exchange and transfer it, or use their P2P platform, which is often reliable for AUD.
10. Pionex: Top-rated exchange for crypto trading bots
Pionex is the clear winner and the top-rated exchange for crypto trading bots because they were specifically built with 16 free, in-house trading bots right into the exchange platform.
Seriously, for Australian traders who want to automate their strategies, this is a game-changer. You don’t need to mess around with complex external APIs or separate bot services. Basically, you can choose from popular bots like Grid Trading Bot, DCA (Dollar-Cost Averaging) Bot, or the Martingale Bot, set your parameters, and let the bot trade for you 24/7.
This unique feature makes it an ideal platform for those who want to take advantage of market movements without sitting in front of a screen all day, and it’s exactly why active traders who love automation choose it. The platform is secure and relatively simple to navigate, especially considering the power of the integrated tools.
Fees & AUD Payment Methods
The trading fees on Pionex are also incredibly competitive, with a flat rate of just 0.05% for both maker and taker orders on the spot market.
Well, when it comes to funding your account with AUD, you will mainly need to rely on buying crypto first. You can purchase crypto directly with your Credit/Debit Card through their third-party payment partners. Direct AUD bank transfers are generally not supported.
11. CoinSpot: Australian-based cryptocurrency exchange
CoinSpot is arguably the most well-known and loved Australian-based cryptocurrency exchange because they have worked hard to create a platform that is incredibly simple, easy to use, and focused on local regulatory compliance.
They are a fully AUSTRAC-registered exchange, and they are also the first Australian exchange to receive the ISO 27001 certification for security. Their reputation for being safe and highly user-friendly makes them a top pick for beginners. They offer over 350 coins and have a huge variety of instant purchasing options.
Fees & AUD Payment Methods
You’ll find that CoinSpot has a very simple but higher fee structure for instant purchases, which is 1%. However, if you use their “Market Order” feature, the fee drops dramatically to just 0.10%, but this is only available for a smaller list of major coins.
Well, for AUD deposits, they are fantastic. You can deposit AUD instantly and for free using PayID or Direct Deposit, and they also accept cash deposits (2.5% fee), Card payments (1.88%), and even PayPal (0.5%). Sure thing, the variety of deposit methods is one of their biggest strengths for Aussies.
12. CoinJar: Australia’s longest-running crypto exchange
CoinJar is one of the pioneers in the Australian crypto space, earning the title of Australia’s longest-running crypto exchange since it was launched back in 2013. This long history is a huge mark of trust and reliability, which is exactly what you want when choosing a platform. They offer a very user-friendly platform that is great for beginners, and they are fully registered with AUSTRAC.
They offer a neat CoinJar Card, allowing you to spend your crypto like regular money in shops, which is kinda a unique feature that many users love. They also have a popular mobile app for trading on the go and offer a more advanced ‘CoinJar Exchange’ for lower-fee trading if you are an experienced user.
Fees & AUD Payment Methods
You will find that CoinJar charges a flat 1% fee on their main platform for buying and selling, which is simple but a bit on the higher side. However, if you move to the ‘CoinJar Exchange’ advanced platform, the fees drop significantly to a very low 0.10% for both maker and taker orders. So, the fee you pay depends on the interface you choose.
For AUD deposits, they offer free and instant deposits via PayID/Osko Bank Transfers. You can also deposit via traditional Bank Transfer and even through BPay, which is not a common method for exchanges, but sure is handy for some.
Factors to consider while choosing the best crypto exchanges in Australia
When you are trying to pick the absolute best crypto exchange for Australians, you need to look past the flashy headlines and focus on what really matters.
Security and Regulation is Your Number One Priority
You should always check for local compliance. The platform you use should absolutely be registered with AUSTRAC (Australian Transaction Reports and Analysis Centre). Basically, this means they follow strict Anti-Money Laundering (AML) and Know-Your-Customer (KYC) laws, and they are accountable in Australia.
Beyond that, look for exchanges that have never been hacked, offer security features like Two-Factor Authentication (2FA), and maybe even hold an ISO 27001 certification, like CoinSpot or Independent Reserve. Look, if the platform isn’t safe, nothing else matters. (Read: safest crypto exchanges)
Trading Fees and Spreads
Trading fees can vary wildly, from a tiny 0.05% on platforms like Pionex up to a flat 1% on simple broker platforms like Bitcoin.com.au.
You need to consider your trading style. If you are just buying a small amount once a month, a simple 1% fee might be okay. However, if you plan to trade actively, you must choose an exchange with very low maker/taker fees, maybe around 0.10% or less, like Binance or Kraken Pro. (Read: best low-fee crypto exchanges)
Ease of Use and Interface
Well, the best crypto exchanges in Australia, like Kraken and BingX, are specifically designed to be super user-friendly, with simple one-click buying and selling. But, if you are an advanced trader, you will find these platforms lack the depth of tools you need.
You’ll probably prefer the professional interfaces offered by platforms like Binance or Bybit, which give you advanced charting, order types, and derivatives. Anyway, choose a platform that matches your skill level so you don’t get overwhelmed or held back.
AUD Deposit and Withdrawal Methods
You need a simple and cheap way to move your Aussie dollars in and out. Guess what, the absolute best method is free, instant deposits using PayID or Osko, which is offered by most of the Australian-based cryptocurrency exchange options like Swyftx and CoinSpot.
Card payments are fast, sure, but they often come with a high fee (up to 4%). Always check the withdrawal fee for AUD back to your bank account; basically, it should be free or very cheap.
Cryptocurrency Selection and Liquidity
If you are chasing smaller, newer altcoins, you will need a platform like KuCoin or MEXC, which list hundreds more tokens.
Liquidity is also super important. High liquidity means the platform has a large number of buyers and sellers, which ensures you can execute large trades quickly without the price jumping up or down too much. So, large global platforms like Binance and Kraken offer the deepest liquidity. (Read: most liquid crypto exchanges)
Customer Support Quality
When something goes wrong, you want help fast. Look for platforms that offer 24/7 live chat support, even if it is not Australian-based, like Kraken.
Australian-based exchanges like Swyftx often offer excellent local support, but it might not be available 24/7. I guess, having someone to talk to when you are stuck is important, so check the platform’s reputation for support response times.
How to Buy Crypto In Australia?
To buy crypto in Australian crypto exchanges, follow these steps:
- Compare crypto exchanges: Use websites like crypticera.com to compare exchanges based on fees, security, reputation, coins and tokens, features and tools, support, and education.
- Create an account: Choose an exchange and sign up with your personal details and proof of identity. Verify your account by completing a KYC process.
- Deposit AUD into your account: Use payment methods such as bank transfer, BPAY, credit card, or debit card to deposit AUD into your account. Check the fees and minimum deposit amount before depositing.
- Buy your desired cryptocurrency: Use the exchange’s platform or app to buy crypto using market orders or limit orders. You can also use other order types such as stop-loss orders or futures contracts if available.
- Select a storage method: Store your crypto in the exchange’s wallet address online, or in an external wallet such as a hardware wallet or a software wallet offline. Storing your crypto offline is safer than storing it online.
Read: Best hardware wallets in Australia
Is buying crypto Legal In Australia?
The short answer is absolutely yes, buying and selling crypto is completely legal in Australia, but you need to understand that the industry is regulated, mainly by two key government bodies. Basically, the Australian government and its regulatory agencies have clearly recognized digital currencies as assets, not as legal tender, which is kinda an important distinction.
AUSTRAC Regulation
The main authority you need to know about is AUSTRAC, the Australian Transaction Reports and Analysis Centre. Since 2018, all digital currency exchange businesses that offer services to Australians have been legally required to register with AUSTRAC. This is where the term AUSTRAC-registered crypto exchange comes from.
Actually, this registration forces platforms to implement strict Know-Your-Customer (KYC) and Anti-Money Laundering (AML) protocols, just like traditional banks. So, when you see that an exchange is AUSTRAC-registered, it means it is officially compliant and is following the rules in Australia, which is a big sign of trust. Exchanges like CoinSpot, Independent Reserve, and Swyftx are all examples of this local compliance.
ASIC and Financial Product Classification
The other key regulator is ASIC, the Australian Securities and Investments Commission. Well, ASIC’s role is to ensure that crypto-assets that behave like financial products (things like derivatives, managed funds, or tokens that represent an interest in a scheme) are regulated under the Corporations Act.
Guess what, this means that if an exchange offers complex financial products like futures or options, those aspects might fall under ASIC’s watch, requiring them to hold an Australian Financial Services (AFS) license.
Anyway, for simple spot trading of Bitcoin and other major coins, the main focus for you as a user is on the AUSTRAC registration for the platform itself.
Tax Obligations
Crucially, buying crypto is also a taxable event in Australia. You must keep records of every single transaction – buying, selling, swapping, or using crypto to buy goods.
The Australian Taxation Office (ATO) views cryptocurrency as property, not currency. This means that when you sell, swap, or dispose of crypto, you trigger a Capital Gains Tax (CGT) event. Totally, profits are subject to CGT, but you can also claim a 50% CGT discount if you hold the asset for more than 12 months.
Just remember that you are personally responsible for reporting your crypto gains and losses. Many of the best crypto exchanges in Australia now offer downloadable tax reports to help you with this, which is a great feature.
Final Thoughts: Which Australian Exchange Should You Choose?
In this blog post, we have reviewed some of the best crypto exchanges in Australia, such as Kraken, BingX, Bitcoin.com.au, CoinSpot, Swyftx, Independent Reserve, CoinJar, KuCoin, and Binance.
There is no one-size-fits-all solution, but rather a range of options that cater to different types of traders and investors. Each of these platforms has its own advantages and disadvantages.
FAQs: Best Crypto Exchanges for Australians
Which Australian crypto exchange is best for beginners?
CoinSpot and Swyftx are generally the best choices for a beginner Australian user. CoinSpot is super simple to use and has a variety of easy AUD deposit options like PayPal and PayID.
Swyftx is also very user-friendly, offers a helpful demo mode for practice, and has instant, free AUD deposits. Seriously, both are AUSTRAC-registered, which adds a crucial layer of safety for people just starting out.
Which Australian crypto exchanges offer the lowest trading fees?
The lowest trading fees are typically found on advanced platforms. Kraken (Pro version) and MEXC are the top contenders, with spot trading fees starting as low as 0.10% or even less for high-volume users.
Pionex is also a great option, offering a flat 0.05% fee for both makers and takers, which is incredibly low. I guess you should compare the base fee against your expected trading volume.
What is the safest digital currency exchange in Australia?
Kraken and Bitcoin.com.au are generally considered among the safest Australian-based exchanges. Kraken is ISO 27001 certified and focuses heavily on institutional-grade security, making it the most secure crypto exchange in Australia.
Bitcoin.com.au was also the first Australian exchange to get the ISO 27001 security certification. Look, both are fully AUSTRAC-registered and have a long history of safe operation.
What are the best DEXs in Australia?
Some of the best DEXs that you can access in Australia are Uniswap, PancakeSwap, SushiSwap, 1inch, and Balancer. These DEXs operate on different blockchains such as Ethereum, Binance Smart Chain, or Polygon and support a wide range of tokens and trading pairs.
They also have innovative features such as automated market making, liquidity pools, yield farming, governance tokens, and flash loans.
Which crypto platforms in Australia support staking?
Several major platforms offer staking options. Binance and KuCoin offer a massive selection of staking and savings products.
Swyftx also has an ‘Earn’ feature that allows you to earn interest on a variety of your crypto holdings. Even Kraken offers some staking services directly on its platform, so you have plenty of choices to earn passive income.
What are the best mobile apps for crypto trading in Australia?
The best mobile apps are offered by Kraken, BingX, Swyftx, CoinSpot, and KuCoin. Swyftx and CoinSpot have excellent, easy-to-use mobile apps that are perfect for beginners.
KuCoin has a highly advanced mobile app that is specifically popular among altcoin traders who want to manage their complex portfolios and trades on the go.
Should I use a global or local crypto exchange in Australia?
It kind of depends on your priorities. You should use a local Australian-based cryptocurrency exchange like CoinSpot or Swyftx if security, AUSTRAC compliance, easy AUD deposits, and simplicity are your main goals.
However, you should use a global exchange like Kraken, Binance, or Bybit if you want the absolute lowest fees, the largest number of altcoins, and access to advanced products like futures trading.
What is the cheapest exchange to buy crypto for Aussies?
Pionex and MEXC are arguably the cheapest for active spot trading with their flat 0.05% maker/taker fee.
However, if you only consider platforms that allow free and instant AUD bank deposits, then the Market Order on CoinSpot (0.10%) or the low-tier fees on Kraken (starting at 0.16%) are excellent choices for keeping your purchase costs to a minimum.
