In this article, I will discuss the Best Crypto Trading Platform Australia. As either a new or experienced trader, you will benefit from a good platform with low trading fees, little KYC, and strong security.
In this post, I will describe the best Australian crypto exchanges that are accessible and support trading in AUD, along with the basic requirements that facilitate effective crypto trading.
Key Point & Best Crypto Trading Platform Australia List
| Exchange | Key Point |
|---|---|
| Swyftx | Beginner-friendly platform with instant buying and tax reporting tools. |
| CoinSpot | Regulated AUSTRAC-registered exchange with over 400+ coins and staking. |
| Binance Australia | Low trading fees and advanced features; great for high-volume traders. |
| Kraken | Globally trusted, strong security, and margin/futures trading in AU. |
| Coinstash | Offers crypto bundles and unique earn products tailored to Aussies. |
| OKX | Advanced trading tools and DeFi integration for experienced users. |
| Coinbase Australia | Seamless fiat onramp with secure wallet; ideal for new Aussie investors. |
| Bybit | Derivatives-focused exchange with copy trading and low-latency execution. |
| Independent Reserve | Institutional-grade exchange with insurance and SMSF support. |
| Crypto.com | Crypto Visa card, NFT marketplace, and mobile-first ecosystem. |
1.Swyftx
Swyftx is known as the leading crypto exchange in Australia for its unrivaled user experience and feature integration for both novice and expert traders. The platform is beginner oriented with features like instant buy/sell, in-built tax reporting, and practice trading in demo mode.
Also, it provides competitive spreads and boasts more than 300 cryptocurrencies with local customer support, which is a plus. Its reputation in Australia is also boosted by the emphasis put on regulatory demands and the lack of hidden fees.
| Feature | Details |
|---|---|
| Platform Name | Swyftx |
| Country | Australia |
| KYC Requirements | Basic identity verification required; fast and minimal for access |
| Supported Coins | 300+ cryptocurrencies |
| Trading Features | Instant buy/sell, recurring orders, demo mode, portfolio tracking |
| Staking | Yes – earn rewards on supported assets |
| AUD Deposit Methods | PayID, bank transfer, POLi |
| Fee Structure | Low spreads (~0.6%) and 0.6% trading fees |
| Unique Point | Beginner-friendly interface with demo mode and integrated tax reporting |
| Customer Support | Live chat and email (local Australian team) |
2.CoinSpot
Since 2013, CoinSpot has been one of the best cryptocurrency trading platforms in Australia owing to its simple to use interface, excellent security features, registration with AUSTRAC, and strong industry reputation.
In addition to the buying and selling of more than 400 cryptocurrencies, it offers staking, an NFT marketplace, and an easy-to-use interface with cryptocurrencies and several payment options such as POLi, PayID, and BPAY.
What makes CoinSpot stand out is its user interface and safety features. This makes it best suited for Australian traders who want a reliable local exchange with a wide selection of trading options.
| Feature | Details |
|---|---|
| Platform Name | CoinSpot |
| Country | Australia |
| KYC Requirements | Basic identity verification using photo ID and address; fast onboarding |
| Supported Coins | 400+ cryptocurrencies |
| Trading Features | Instant buy/sell, OTC desk, NFT marketplace |
| Staking / Earn Options | Yes – staking on select assets and earn interest |
| AUD Deposit Methods | PayID, BPAY, POLi |
| Fee Structure | Competitive trading fees (around 0.1–0.2%) and no withdrawal fees for AUD |
| Unique Point | AUSTRAC-regulated, locally trusted with strong focus on security |
| Customer Support | 24/7 live chat and email support based in Australia |
3.Binance Australia
Binance Australia is known as one of the leading platforms for trading cryptocurrencies because of its low trading fees, easy access to deep liquidity, and advanced trading options for the retail and professional users.
It also offers spot, margin, and futures trading which give the Australians different options to alter their trading strategies. What sets Binance Australia apart is the access to the global Binance ecosystem that provides a wide array of coins and DeFi instruments to Australia without compromising local regulations. The trading experience is further enhanced with the mobile app and the robust performance engine of the exchange.
| Feature | Details |
|---|---|
| Platform Name | Binance Australia |
| KYC Requirement | Minimal for crypto-to-crypto trades; KYC needed for AUD withdrawals |
| Supported Cryptocurrencies | 350+ including BTC, ETH, SOL, BNB, and more |
| Trading Fees | 0.10% spot trading fee (discounts with BNB usage) |
| Deposit Methods | PayID, OSKO (AUD bank transfers), crypto deposits |
| Withdrawal Methods | AUD bank transfer, crypto withdrawals |
| Mobile App | Available on Android and iOS |
| Security Features | 2FA, cold storage, real-time monitoring |
| Customer Support | 24/7 Live Chat, Help Center |
| Regulatory Status | Ceased offering derivatives in 2023; spot trading still active |
| Why Minimal KYC | Users can trade crypto-to-crypto with just email and 2FA setup |
| Best For | Traders seeking low fees and high liquidity with optional full KYC |
4.Kraken
Kraken is noted in Australia for being one of the best crypto trading platforms due to its low fees, wide range of supported assets, and leading security in the industry. A combination of spot, futures, and margin trading is offered on the platform, allowing both new and seasoned traders to participate.
What sets Kraken apart is its strict global compliance with regulations alongside useful features such as staking and API trading. It is the best option for serious Australian crypto investors due to its transparent fee structure, strong reliance on loan to value ratio on trades, and strong focus on user fund security, allowing one to invest in the long run.
| Feature | Details |
|---|---|
| Platform Name | Kraken |
| KYC Requirement | Minimal for Starter accounts (crypto deposits & trades only) |
| Supported Cryptocurrencies | 200+ including BTC, ETH, DOT, ADA, and more |
| Trading Fees | 0.16% maker / 0.26% taker (lower with higher volumes) |
| Deposit Methods | Crypto only (AUD fiat deposits require full KYC) |
| Withdrawal Methods | Crypto withdrawals only for minimal KYC accounts |
| Mobile App | Available on Android and iOS |
| Security Features | Cold storage, 2FA, global settings lock, bug bounty program |
| Customer Support | 24/7 Live Chat and Email |
| Regulatory Status | Registered with AUSTRAC |
| Why Minimal KYC | Starter tier allows crypto trading without submitting full ID |
| Best For | Users focused on privacy and crypto-only trading |
5.Coinstash
Coinstash is quickly becoming one of the leading cryptocurrency exchange platforms in Australia, especially for people who value simplicity and innovation. The platform has more than 1,000 available cryptocurrencies and, quite uniquely, offers crypto bundles, enabling users to buy sets of coins with one click.
What sets Coinstash apart is the Earn function, which allows for passive income generation through crypto holdings. The platform’s intuitive design, capability of depositing AUD, local customer helplines, and other features make it ideal for an Australia-based investor who wants easy access and more control.
| Feature | Details |
|---|---|
| Platform Name | Coinstash |
| Founded | 2020 |
| Headquarters | Brisbane, Australia |
| KYC Requirement | Minimal for small trades; full KYC for higher limits |
| Available Cryptocurrencies | 100+ coins including BTC, ETH, ADA, XRP |
| Trading Fees | 0.85% per trade (flat rate) |
| Deposit Methods | Bank transfer (PayID, OSKO), POLi |
| Withdrawal Methods | AUD Bank transfer |
| Security Features | ISO 27001 Certified, 2FA, cold storage |
| Mobile App | Available on iOS & Android |
| Customer Support | Live chat, email, knowledge base |
| Target Users | Beginners to intermediate Aussie crypto traders |
| Notable Feature | Bundles & recurring buy options |
| Regulatory Compliance | Registered with AUSTRAC |
| Anonymous Trading | Limited (only for small AUD trades) |
6.OKX
OKX is considered one of the best crypto trading platforms in Australia because of the advanced trading technologies offered as well as the access to decentralized finance (DeFi) services. In addition to offering spot trading, OKX also provides margin and futures trading.
To assist seasoned traders, OKX offers advanced charting as well as automation functions. What makes OKX particularly interesting is the self-custodial Web3 wallet that offers access to the ecosystem’s NFTs, DApps, and staking. This effortlessly self-custodial wallet bridges centralized trading on the platform with the decentralized world which makes the trading experience smooth.
| Feature | Details |
|---|---|
| Platform Name | OKX |
| Founded | 2017 |
| Headquarters | Seychelles (Global), serves Australia |
| KYC Requirement | Minimal for basic trading; required for higher limits |
| Supported Assets | 350+ cryptocurrencies |
| Trading Fees | 0.08% Maker / 0.10% Taker (can be reduced via OKB token or volume) |
| Deposit Methods | Crypto, P2P, third-party fiat partners (Banxa, MoonPay) |
| Withdrawal Methods | Crypto withdrawals only for unverified users |
| Staking & Earn | Yes – OKX Earn for staking, DeFi, and dual investment |
| Anonymous Trading | Yes, for basic spot trading without full KYC |
| Mobile App | Available on iOS & Android |
| Customer Support | 24/7 live chat, ticket system |
7.Coinbase Australia
Coinbase Australia remains among the top crypto trading platforms to consider due to its simple to sophisticated security features, ease of use, and adherence to legal restrictions. Tailored for Australians, it allows for the purchase, storing, and selling of crypto assets through a simple interface and safe wallet system.
Its instant AUD deposit and withdrawal feature along with insured custody makes it stand out from the other platforms. Coinbase Australia with its rich educational features is a go to for mobile users and beginners who want a simple and safe way into the crypto world.
| Feature | Details |
|---|---|
| Platform Name | Coinbase Australia |
| Founded | 2012 (Australia service active since ~2022) |
| Headquarters | United States (Serves Australia) |
| KYC Requirement | Basic KYC (ID & selfie) required to access full trading features |
| Supported Assets | 250+ cryptocurrencies |
| Trading Fees | ~0.50% spread + variable fee (can be high for small trades) |
| Deposit Methods | Bank transfer, debit card, crypto |
| Withdrawal Methods | Bank account (AUD), crypto |
| Staking & Earn | Yes – ETH, ADA, SOL, and others |
| Anonymous Trading | ❌ Not supported; KYC mandatory |
| Mobile App | Available on iOS & Android |
| Customer Support | Email, live chat, help center |
8.Bybit
Bybit is one of the best crypto exchange platforms in Australia specializing in derivatives trading due to it’s advanced features like copy trading, grid bots and high leverage options. Bybit is specially tuned to active and professional traders as it offers a variety of crypto pairs and features low latency order execution.
What makes Bybit stand out is the no KYC required crypto to crypto trading, providing users access to the market within minutes while protecting their identity. Frequent promotions, an intuitive interface, and trading bots improve Australia’s overall trading experience with Bybit.
| Feature | Details |
|---|---|
| Platform Name | Bybit |
| Founded | 2018 |
| KYC Requirement | Minimal for basic trading; mandatory for higher limits |
| Supported Cryptos | 400+ including BTC, ETH, XRP, SOL |
| Trading Options | Spot, Derivatives, Margin, Copy Trading, Options |
| Fees | Maker: 0.01%, Taker: 0.06% (Spot); derivatives slightly lower |
| Deposit Methods | Crypto, P2P, Credit/Debit Card (via third-party) |
| Withdrawal Methods | Crypto only |
| Leverage | Up to 100x on derivatives |
| Mobile App | Yes (iOS & Android) |
| Fiat Support | Limited (Buy crypto with AUD via P2P or card) |
| Customer Support | 24/7 Live Chat & Email |
| Compliance & Security | 2FA, Cold Wallet Storage, Real-Time Monitoring |
| Ideal For | Australian users seeking fast trading with minimal KYC |
9.Independent Reserve
Independent Reserve now ranks among the best cryptocurrency trading platforms in Australia because of its emphasis on security, adherence to regulations, and its institutional-grade offerings for investors. Aside from a robust collection of cryptocurrencies, it offers deep liquidity and tax reporting services and SMSF support.
Perhaps the most distinguishing feature of Independent Reserve is the insurance on digital assets in custody, which provides incredible reassurance, especially for institutional-grade clients. The platform is perfect for Australians looking for a professional trading environment as it offers trading pairs in AUD, NZD, and USD.
| Feature | Details |
|---|---|
| Platform Name | Independent Reserve |
| Founded | 2013 |
| KYC Requirement | Basic KYC required (name, email, ID) for account access |
| Supported Cryptos | 30+ including BTC, ETH, XRP, LTC, BCH |
| Trading Options | Spot trading, Auto-Buy, OTC desk |
| Fees | Tiered: 0.50% max, drops to 0.02% with volume |
| Deposit Methods | PayID, Osko, Bank Transfer (AUD, NZD, USD) |
| Withdrawal Methods | Bank Transfer, Crypto |
| Leverage | Not available |
| Mobile App | Yes (iOS & Android) |
| Fiat Support | Strong AUD, NZD, USD support |
| Customer Support | Email, Help Centre |
| Compliance & Security | AUSTRAC registered, 2FA, Encrypted cold storage |
| Ideal For | Australian investors seeking regulatory compliance with minimal friction |
10.Crypto.com
Crypto.com is known as one of the best trading platforms in Australia because of its unmatched ecosystem that combines trading, DeFi, and lifestyle perks. Its mobile application boasts a broad selection of digital currencies, staking opportunities as well as streamlined usability.
Crypto.com is especially known for its Visa debit card that enables Australians to spend and earn rewards in cryptocurrency. Its low costs, support for AUD, NFTs and yield services make it appealing to both casual and serious traders.
| Feature | Details |
|---|---|
| Platform Name | Crypto.com |
| Country Supported | Australia |
| KYC Requirement | Minimal for basic crypto-to-crypto trading; full KYC for fiat services |
| Founded | 2016 |
| Trading Options | Spot, margin, staking, DeFi wallet, NFTs |
| Supported Cryptos | 250+ cryptocurrencies |
| Fees | 0.075% (can be reduced with CRO staking) |
| Deposit Methods | Bank transfer (AUD), credit/debit cards, crypto |
| Withdrawal Methods | Bank transfer (AUD), crypto |
| Mobile App | Yes (iOS & Android) – highly rated |
| Security | ISO/IEC 27701:2019, 2FA, cold storage |
| Customer Support | 24/7 Live Chat & Email |
| Unique Features | Crypto Visa Card, Earn, Pay, DeFi Wallet |
Conclusion
In summary, the leading cryptocurrency exchange in Australia For Swyftx and CoinSpot, the focus is on providing a compliant, easy-to-use interface while Binance Australia, Kraken, and Bybit emphasize advanced trading capabilities.
Some other examples are Coinstash and Crypto.com, which prioritize comfort along with convenience, while Independent Reserve specializes in offering services to institutional and SMSF clients.
Australia’s crypto landscape is rich and diverse, catering to every trading requirement, whether you are a beginner or a seasoned investor you will find everything highly secure and well regulated.
FAQ
What is the best crypto trading platform in Australia for beginners?
Swyftx and CoinSpot are ideal for beginners due to their easy interfaces, local customer support, and strong compliance with Australian regulations.
Which platform has the lowest trading fees in Australia?
Binance Australia and Kraken offer some of the lowest trading fees, especially for high-volume or advanced traders.
Can I trade crypto in Australia without KYC?
Most Australian platforms require KYC. However, platforms like Bybit offer limited services such as crypto-to-crypto trading without full KYC.
