8 BEST Crypto Exchange Australia in 2023

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.

Around 30 crypto exchanges in Australia were extensively researched over three weeks to build this list. The process was smooth, except for regular updates to provide the latest and most accurate information. The crypto exchanges we chose to provide you with the best coins are secure, regulated, and have top trading features.

Best Crypto Exchanges Australia: Top Picks!

Tool	Best feature	Deposit fee	Withdrawal fee	Free trial	Link
Binance	Lowest transaction fees.	$0(Free) except for a 4.5% charge on the debit card.	From $1, depending on the transaction size.	Free account with a 20-day refund window.	Learn More
FixedFloat	Instant crypto-to-crypto exchange.	0.5% float rate or a 1% fixed charge	0.5% float rate or a 1% fixed charge.	Free account with instant withdrawals	Learn More
Luno	Industry-leading crypto assets security.	$0(Free)	$0(Free) Bank transfers and a 0.75% charge on other withdrawal options.	Free account with instant withdrawals.	Learn More
DigitalSurge	Manage your crypto portfolio with help from industry experts.	$0(Free)	$0(Free)	Free account, with partial and full refunds.	Learn More
ChangeNow	Private cryptocurrency swaps.	From 0.5%	$0(Free)	Free account with a refund guarantee on the original address.	Learn More

1) Binance – Best for the lowest transaction fees

The exchange provides detailed market charts to help your trading decisions. Trading BNB token allows you to access discounts and perks on the exchange. You can restrict the devices that access your account, thus reducing the risk of cyber threats. Its sleek design aesthetically allows you to monitor your wallet and market trends.

You need to complete KYC verification to access its advanced trading features. It also offers email and live chat support to quickly settle account issues. This exchange has various fiat currencies, giving you flexibility in deposits and withdrawals. Frequent users on the exchange get rewards, discounts, or giveaways.

Key Features

• It has free Bitcoin trading.
• It has less than 0.1% trading fees.
• You can play crypto games to earn BUSD, BNB, and BTC.
• Choose between Binance Lite and Pro on the mobile application.
• Quick verification for transaction and account security.
• It has various payment methods to top up your account.
• Use Binance Earn to gain interest on your deposits.
• Log on to Binance NFT to access NFTs, Fan Tokens, IGOs, and Mystery Boxes.
• Use Binance Pay in your business for crypto payments.
• The exchange stores 10% of user deposits on the Secure Asset Fund for Users (SAFU).
• You can modify access control to regulate users and devices in your account.
• It has advanced data encryption for security.

👍 Pros	👎 Cons
Offers a wide range of order types and trading options.	It lacks an in-built digital wallet.
It is among the exchanges in Australia with low transaction fees.	Some of the features can be confusing for beginners.
You earn high referral bonuses in crypto.
It supports many fiat currencies, such as GBP and USD

Key Specs:

Listed cryptocurrencies: Over 350.
Mobile support: Available on Android and iOS.
AUD support: Yes.
Pricing:
• Trading commission: 0.1%
• Minimum deposit: $50
• Minimum withdrawal: $1 on ACH and $100 for domestic wire.
• The deposit fee is $0 (Free) except for a 4.5% charge on the debit card.
• Withdrawal fee: From $1, depending on the transaction size.
• Signup bonus: $30
Free trial: Free account with a 20-day refund window.

Visit Binance >>

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2) FixedFloat – Best for instant crypto-to-crypto exchange

FixedFloat provides instant transactions on an intuitive interface. It allows you to withdraw and deposit using Bitcoin’s lightning network. You can access float and fixed orders to give you options on the execution price. Since it does not collect personal data, FixedFloat protects your privacy. It requires 2-factor authentication for the account and asset security.

The exchange is cross-chain, allowing multiple crypto swaps to access stablecoins, POS tokens, and crucial privacy coins. FixedFloat uses a hot wallet to guarantee attack resistance and security during the exchange process. You’ll remain anonymous despite the custodial transaction process. Register an account if you want to track your transaction history.

Key features:

• It uses full automation for maximum exchange speed.
• It has minimum commissions for the best exchange rates.
• You have access to favorable trades and strategies.
• It has no hidden fees with transparent floating and fixed commissions.
• It holds all user funds in a cold wallet.
• You can use their blog for crypto resources.
• Its lightning network faucet speeds up transactions.
• The affiliate program allows you to earn crypto rewards.
• You don’t need to register with your details to use the exchange.

👍 Pros	👎 Cons
You have self-custody of your assets.	It does not have fiat trading.
It has industry record-low trading fees on float orders.	There is a high fixed rate on transactions.
You get swift transactions with fast blockchain confirmations.
Users don’t have to complete KYC registration to trade on the exchange.

Key Specs:

Listed cryptocurrencies: Over 50.
Mobile support: Available on iOS and Android.
AUD support: Yes.
Pricing:
• Trading commission: 1% fee on all transactions.
• Minimum deposit: $1
• Minimum withdrawal: $1
• Deposit fee: 0.5% float rate or a 1% fixed charge.
• Withdrawal fee: 0.5% float rate or a 1% fixed charge.
• Signup bonus: $0
Free trial: Free account with instant withdrawals.

Visit FixedFloat >>

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3) Luno – Best for industry-leading crypto assets security

Luno’s centralized dashboard allows you to manage your transactions, trading strategies, and portfolio. You can enable alerts to track market movements and prices. The exchange allows you to schedule your trades to make the most of market changes. Take charge of your account security by enabling features like a multi-signature wallet. If you have a business, install its API to manage crypto payments.

You can use Tradingview on Luno for market screening and access to detailed charts. The exchange has an extensive database with crypto data and news to help you understand the market. You can customize your interface by choosing the features you want to use. It lets you freeze your account if you suspect fraudulent access or transactions. High-risk crypto addresses can’t trade on the platform because of security concerns.

Key features:

• It maintains proof of reserves.
• Luno uses a 1:1 basis to match all customer assets.
• Use its detailed guide to learn about the history of crypto and trading basics.
• It stores user assets in a deep freeze managed by Fireblocks and Bitgo Custody.
• Your hot wallet is secure, with multiple signatures and three private keys.
• There are no account air gaps, as all private keys are in cold storage.
• You can install 2-factor authentication on your hot wallet for added security.
• The exchange stores all passwords in hashed form.
• Luno partners with Keepass, Keychain, and Lastpass to help clients manage and store passwords.
• You need to authorize all high-risk actions to reduce the probability of account fraud.
• Luno maintains a bug bounty program to enhance platform security.
• It complies with bank KYC and AML registrations.
• There are independent auditors to verify the company’s crypto reserves.
• You can schedule your crypto investments.

👍 Pros	👎 Cons
It has a fast verification process.	The exchange has few advanced trading tools.
Luno is beginner-friendly.
You get extensive security features to secure your account and enhance your trading experience.
The crypto lending program lets you earn interest on your deposits.

Key Specs:

Listed cryptocurrencies: Over 25.
Mobile support: Available on iOS and Android.
AUD support: Yes.
Pricing:
• Trading commission: From 0.75%
• Minimum deposit: $1
• Minimum withdrawal: $1
• Deposit fee: $0 (Free)
• Withdrawal fee: $0 (Free) Bank transfers and a 0.75% charge on other withdrawal options.
• Signup bonus: $10 of any crypto.
Free trial: Free account with instant withdrawals.

Link: https://www.luno.com/en

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4) DigitalSurge – Best for managing a crypto portfolio with the help of industry experts

DigitalSurge – exchange provides free AUD transactions. You can leverage up to 13 crypto assets to earn interest. The exchange has an easy-to-use interface to monitor your coins. You can avail of premium support to get help from experts on your trading strategies. With BPAY, you can settle your bills in Australia using your crypto balance. DigitalSurge automatically exchanges your crypto to AUD to complete payments. So, you can leverage crypto market prices to get the best AUD conversion rates.

Key Features

• It has no hidden trading costs.
• Allows personalization of customer support preferences.
• It has record-low trading fees.
• You get an easy-to-use interface.
• Deposit instantly at any time using POLi and PAYID.
• The exchange constantly updates its multi-layer security.
• All withdrawals use two-factor authentication.
• You can use cold or hot wallets.
• The support team is Australia-based.
• You can access high-quality guides and resources.

👍 Pros	👎 Cons
It is beginner-friendly, with detailed user guides.	The exchange lacks advanced markets.
Enable and customize price alerts to get market price notifications.	You can’t use it outside of Australia.
The exchange has low spreads and combined fees.
It secures your user funds in cold and hot wallets for added security.

Key Specs:

Listed cryptocurrencies: Over 300.
Mobile support: Available on iOS and Android.
AUD support: Yes.
Pricing:
• Trading commission: 0.5%
• Minimum deposit: $1
• Minimum withdrawal: $3.30
• Deposit fee: $0 (Free).
• Withdrawal fee: $0 (Free).
• Signup bonus: $10
Free trial: Free account, with partial and full refunds.

Link: https://www.digitalsurge.com.au/

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5) ChangeNow – Best for instant and private cryptocurrency swaps

It is a non-custodial exchange, which means it is a temporary intermediary. You don’t need to hold a wallet on the exchange to operate. It has a wide variety of crypto trading pairs for multiple swap transactions. ChangeNow has partnered with Simplex to facilitate fast bank transfer deposits and withdrawals with high liquidity.

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.

Key features:

• You get custody-free crypto swaps.
• Over 50,000 crypto pairs.
• You can auto-generate an address for crypto deposits.
• It has the best market transaction rates.
• It partners with top exchanges and wallets like Trezor, Trus, Cake Wallet, Ledger, Edge, Atomic Wallet, Simplex, Huobi, Binance, and OKEX.
• Average transaction time is 5 minutes.
• It records over 1 million satisfied clients.
• Their transaction triumph rate is about 98%.
• It has a minimum transaction amount of $2 without upper limits.
• They have limited on-chain transactions.
• You can access cross-chain swaps with DEX-exclusive assets.
• It gets its liquidity through PancakeSwap and UniSwap.
• The exchange is DeFi-based.
• You can use up to 50 fiat currencies to purchase crypto.
• It is non-custodial for security and privacy guarantees.
• You get instant access to cashback and transaction history from various exchanges.
• It has top reviews from Invezz, Benzinga, and Investing.com.

👍 Pros	👎 Cons
Registration is not required.	Crypto to fiat conversion is not possible.
You can list your startup crypto coin.	It limits large swap transactions for unverified users.
Its non-custodial services provide advanced security on the exchange.
You don’t have upper limits on your transactions.

Key Specs:

Listed cryptocurrencies: Over 200.
Mobile support: Available on iOS and Android.
AUD support: Yes.
Pricing:
• Trading commission: From 0.5%.
• Minimum deposit: $2
• Minimum withdrawal: Equivalent to 100 ChangeNow tokens.
• Deposit fee: From 0.5%
• Withdrawal fee: $0 (Free)
• Signup bonus: $0
Free trial: Free with a refund guarantee on the original address.

Visit ChangeNow >>

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6) CoinSpot – Best for cryptocurrency bundle offers

It is beginner-friendly and has unique features for Australian residents. It stores all your crypto assets in cold storage to limit the risk of fraud. You can also customize your security feature to protect your cryptocurrencies and NFTs. Due to its regulated nature, the exchange has high credibility.

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.

Key Features

• It has a user-friendly interface with quick access to most features.
• Signup and registration are quick.
• It has a wide variety of deposit methods.
• It has a 24/7 help desk and lives chat with an average reply rate of about half a minute.
• The exchange has Sci Qual and Blockchain Australia certifications.
• Secures your account with two-factor authentication.
• It has MasterCard that lets you pay with your crypto balance.

👍 Pros	👎 Cons
You get top security with ISO 27001 certification.	It doesn’t have advanced markets like P2P or margin trading.
Leverage up to 21 coins to earn interest.	High fees compared to average market rates.
You have more control over the security features you want to use.
Low AUD transaction fees.

Key Specs:

Listed cryptocurrencies: Over 360.
Mobile support: Available on iOS and Android.
AUD support: Yes.
Pricing:
• Trading commission: From 0.1%.
• Minimum deposit: $1
• Minimum withdrawal: No limit
• Deposit fee: Free, except for a 2.54% charge on card, 2.5% charge on cash, and 0.9% charge on BPAY.
• Withdrawal fee: $0 (Free)
• Signup bonus: $10
Free trial: Free account with instant withdrawals.

Visit CoinSpot >>

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7) Coinstash – Best for access to a wide range of Australian deposit methods

Coinstash is regulated, which boosts its credibility. All users must go through KYC verification to ensure the platform’s security. It has a wide variety of altcoins for easy crypto swaps. You can create a separate wallet on Coinstash. It allows you custody over your coins and can 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.

Key Features

• You access numerous Defi features on your account.
• Trade popular cryptos in Australia.
• The exchange is AUSTRAC registered for credibility.
• You can earn annual interest on your AUD deposits.
• It lists low-cap coins.
• You can set up automatic purchases to optimize your trading.
• Use Coinstash Bundles to ease your trading.
• You can access the Metaverse and crypto gaming.
• Join its active community to gain more insight into the exchange.

👍 Pros	👎 Cons
It has a user-friendly interface for beginners and advanced traders.	You can’t use it outside Australia.
The exchange supports many local Australian deposit methods, like Osko.	It only supports AUD as the sole fiat currency.
AUSTRAC and AFSL regulate the Australia-based crypto exchange.
You can stake and earn crypto through Coinstash Earn.

Key Specs:

Listed cryptocurrencies: Over 1000
Mobile support: Available on iOS and Android.
AUD support: Yes.
Pricing:
• Trading commission: 0.85%
• Minimum deposit: $1
• Minimum withdrawal: $1
• Deposit fee: $0 (Free)
• Withdrawal fee: $0 (Free)
• Signup bonus: $10
Free trial: Free account with instant withdrawals.

Visit Coinstash >>

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8) Kraken – Best for margin and futures trading

Kraken is ideal for traders seeking low commissions on futures markets and high staking rates. It is also suitable for spot trading at exact market prices. You get swift withdrawals because Kraken has high liquidity. It has a simple user interface that suits beginner and advanced traders. You can separate your advanced trading accounts. For example, you may maintain an independent margin account.

You can trade its wide variety of stablecoins, such as Dai, USD Coin, and Tether. It is suitable if you don’t want to trade in volatile crypto markets. Kraken accepts fiat currencies such as AUD, Swiss Francs, Japanese Yen, and US and Canadian dollars. It gives you flexibility when you travel outside Australia. All users have to complete KYC verification for the security of the platform.

Key Features:

• It has easy crypto and bitcoin trading platform.
• You can use it in over 190 countries.
• Records a quarterly trading volume of over $207B.
• Simple interface to build your crypto portfolio.
• Use the learning center to gain more crypto knowledge.
• It has 24/7 customer support via email or live chat.
• You can earn rewards up to 23% of your deposits.
• Stake over 12 digital assets.
• Use Kraken’s advanced features to supercharge your trades.
• The exchange has high liquidity in all markets.
• Its low latency API boosts transaction speeds.
• You can use the trade margins and leverage up to 5x.
• The exchange has XRP, BCH, LTC, ETH, and BTC futures.

👍 Pros	👎 Cons
Get lower spread fees for higher transaction volume.	It has a few payment methods.
It has different security features for trades, account withdrawals, and sign-in.	The exchange has limited access in some countries.
You can grow your approval level for high transaction limits.
Use Global Settings Lock to stop fraudulent activity on your account.

Key Specs:

Listed cryptocurrencies: Over 185
Mobile support:
AUD support: Yes
Pricing:
• Trading commission: 0.9%
• Minimum deposit: $10
• Minimum withdrawal: Varies depending on the crypto coin/ token.
• The deposit fee is 1.5%, except for a 0.9% charge on stablecoins.
• Withdrawal fee: From 0.02%.
• Signup bonus: $10
Free trial: Free account with instant withdrawals.

Visit Kraken >>

FAQs

Best Crypto Exchanges in Australia

Tool	Best feature	Deposit fee	Withdrawal fee	Free trial	Link
Binance	Lowest transaction fees.	$0(Free) except for a 4.5% charge on the debit card.	From $1, depending on the transaction size.	Free account with a 20-day refund window.	Learn More
FixedFloat	Instant crypto-to-crypto exchange.	0.5% float rate or a 1% fixed charge	0.5% float rate or a 1% fixed charge.	Free account with instant withdrawals	Learn More
Luno	Industry-leading crypto assets security.	$0(Free)	$0(Free) Bank transfers and a 0.75% charge on other withdrawal options.	Free account with instant withdrawals.	Learn More
DigitalSurge	Manage your crypto portfolio with help from industry experts.	$0(Free)	$0(Free)	Free account, with partial and full refunds.	Learn More
ChangeNow	Private cryptocurrency swaps.	From 0.5%	$0(Free)	Free account with a refund guarantee on the original address.	Learn More