Best Crypto Exchanges in Australia for 2025

Adam Woodhead
Co-Founder
Adam is a Co-Founder and content creator for The Investors Centre. His key areas of interest and expertise are cryptocurrency and blockchain technology.
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Thomas Drury
Co-Founder
Seasoned finance professional with 10+ years' experience. Chartered status holder. Proficient in CFDs, ISAs, and crypto investing. Passionate about helping others achieve financial goals.
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General Disclaimer
Cryptocurrency trading involves significant risks, including the potential loss of your entire investment. Prices can be highly volatile, and past performance is not indicative of future results. Please consider your financial situation, risk tolerance, and seek independent financial advice before engaging in cryptocurrency trading.
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Updated 04/01/2025
Explore our trusted crypto exchanges, tested with real trades and tailored for Australians, offering seamless AUD transactions and top security.
Quick Answer: What's the Best Crypto Exchange in Australia?
eToro is the best crypto exchange for Australians in 2025, offering a user-friendly interface, excellent security, and innovative social trading features like copy trading. For advanced traders, Kraken provides top-tier tools and high liquidity, while Coinbase remains the go-to for beginners seeking simplicity and security.

Featured Exchange - eToro
- Advanced Security
- AUD Support
- Regulated & Transparent
- Low Fees
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Here Are the 7 Best Crypto Exchanges in Australia for 2025
After testing various platforms, here are the 7 best crypto exchanges for Australians in 2025. These exchanges excel in security, low fees, and user experience, catering to everyone from beginners to advanced traders. Let’s dive into what makes each one unique.
- eToro – Best for Social Trading and Copy Trading
- Kraken – Advanced Features and High Liquidity
- Coinbase – Beginner-Friendly and Highly Secure
- Crypto.com – Best for Rewards and Crypto Variety
- CoinJar – Australian-Made and Easy to Use
- OKX – Low Fees and Advanced Tools
- Swyftx – Affordable and Easy to Use
How Do These Exchanges Compare?
When comparing crypto exchanges, Australians should consider fees, features, security, and suitability for their trading goals. Below is a summary of how the top platforms stack up.
Platform | Trading Fees | AUD Deposit Fees | Key Feature | Security Features | Best For |
---|---|---|---|---|---|
eToro | Spread (from 0.75%) | $0 | Social trading and copy trading | Regulated, 2FA, cold storage | Beginners, Long-term investors |
Kraken | 0.16%-0.26% | $0 | Advanced tools, high liquidity | Cold storage, audits, 2FA | Active traders, Advanced users |
Coinbase | ~1.49% | $0 | Beginner-friendly | Insured, 2FA, cold storage | Beginners, Security-conscious users |
Crypto.com | Low/zero for some trades | Varies | Crypto rewards and variety | Secure cold storage | Staking enthusiasts, Rewards users |
CoinJar | Transparent pricing | $0 | Australian-made, easy to use | 2FA, AUSTRAC-compliant | Australian-focused traders |
OKX | 0.10% | Low fees | Advanced tools, low fees | Cold storage, strong encryption | Altcoin enthusiasts |
Swyftx | Transparent (0.6%-1.0%) | $0 | Affordable, user-friendly | Local support, encryption | Beginners, Australian users |
7 Best Crypto Exchanges

#1 eToro – Best for Social Trading and Copy Trading
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro is my top pick because it makes crypto trading accessible to everyone, especially beginners. Its social trading feature lets you copy strategies from experienced traders, which I’ve found incredibly useful.
Pros & Cons
- Easy-to-use interface for beginners.
- Social trading to follow top-performing traders.
- Limited cryptocurrency options compared to others.
- Spreads can be higher for less popular coins.
What are the Fees?
- Spreads: Fees range from 0.75% for Bitcoin to higher percentages for altcoins.
- Deposit Fee: $0 for AUD.
- Withdrawal Fee: $5.
What Cryptocurrencies are Available?
eToro supports over 75 cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and XRP. While it lacks niche altcoins, it covers most traders’ needs.
How Safe is the Exchange?
eToro is AUSTRAC-registered, complies with strict regulations, and uses advanced encryption for transactions. Funds are stored in tier-1 banks, and user accounts are protected by two-factor authentication (2FA).
KYC Requirements
eToro requires a government-issued ID (passport or driver’s licence) and proof of address, such as a utility bill or bank statement. The process is straightforward and takes less than 24 hours.

#2 Kraken – Advanced Features and High Liquidity
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Kraken is ideal for advanced traders like me who value features such as margin trading and futures. It also offers exceptional liquidity for high-volume transactions.
Pros & Cons
- Extensive crypto options for advanced users.
- Excellent tools for margin trading.
- Not as beginner-friendly as other platforms.
- Interface can feel overwhelming at first.
What are the Fees?
- Trading Fees: 0.16% maker and 0.26% taker (discounted for higher volumes).
- Deposit Fee: Free for AUD.
- Withdrawal Fee: Varies by cryptocurrency.
What Cryptocurrencies are Available?
With over 185 cryptocurrencies, Kraken supports both major coins like Bitcoin and niche altcoins like Kusama (KSM). It’s perfect for those seeking variety.
How Safe is the Exchange?
Kraken prioritises security with cold storage for funds, regular audits, and two-factor authentication. I’ve always felt confident leaving funds on the platform.
KYC Requirements
Kraken requires identity verification through ID documents and proof of residence. Enhanced verification levels allow access to more features, such as higher withdrawal limits.

#3 Coinbase – Beginner-Friendly and Highly Secure
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
When I first started trading, Coinbase was my go-to platform. Its simplicity and security make it an excellent choice for beginners.
Pros & Cons
- Intuitive platform perfect for first-time traders.
- Highly secure with insurance coverage for assets.
- Higher fees compared to other platforms.
- Limited features for advanced traders.
What are the Fees?
- Trading Fees: Around 1.49% for standard transactions.
- Deposit Fee: Free for bank transfers.
- Withdrawal Fee: Up to 1% depending on the payment method.
What Cryptocurrencies are Available?
Coinbase offers over 150 coins, including Bitcoin, Ethereum, and Solana (SOL). While it doesn’t support some niche tokens, it’s more than enough for casual traders.
How Safe is the Exchange?
Coinbase is regulated and insured, with 98% of funds stored in cold storage. I appreciate their commitment to security, especially for beginners.
KYC Requirements
Coinbase asks for ID verification and proof of address. The process is fast, and I completed it within an hour.

#4 Crypto.com – Best for Rewards and Crypto Variety
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Crypto.com is a well-rounded platform offering diverse cryptocurrencies and exceptional rewards programs. I personally enjoy their cashback crypto cards and staking options for earning passive income.
Pros & Cons
- Wide range of cryptocurrencies.
- Cashback crypto cards and staking rewards.
- Interface may feel complex for beginners.
- Withdrawal fees can be high for some coins.
What are the Fees?
- Trading Fees: Tiered fees starting at 0.10%, with discounts for CRO token holders.
- Deposit Fee: Free for AUD deposits via bank transfer or PayID.
- Withdrawal Fee: Varies by cryptocurrency (e.g., 0.0004 BTC for Bitcoin).
What Cryptocurrencies are Available?
With over 250 supported cryptocurrencies, Crypto.com offers everything from Bitcoin and Ethereum to niche altcoins like VET and KAVA. It’s ideal for those seeking variety.
How Safe is the Exchange?
Crypto.com takes security seriously, using cold storage for most funds, two-factor authentication, and insurance coverage of up to $750 million for user assets.
KYC Requirements
Crypto.com requires you to verify your identity by submitting a valid government-issued ID and a selfie. The process is simple and typically completed within 24 hours.

#5 CoinJar – AUS Made and Easy to Use
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
CoinJar is an Australian-made platform that offers a simple and seamless experience for local traders. Its support for AUD deposits and withdrawals makes it particularly appealing.
Pros & Cons
- Australian-focused platform with AUD support.
- Free AUD deposits and withdrawals.
- Fewer cryptocurrencies compared to larger platforms.
- Trading fees start at 1%, higher than some platforms.
What are the Fees?
- Trading Fees: Transparent fees starting at 1%.
- Deposit Fee: Free for AUD deposits via PayID or BPAY.
- Withdrawal Fee: Free for AUD bank withdrawals.
What Cryptocurrencies are Available?
CoinJar supports 50+ cryptocurrencies, including major coins like Bitcoin, Ethereum, and Litecoin. While its offerings are limited compared to larger platforms, it covers popular options.
How Safe is the Exchange?
As an AUSTRAC-registered exchange, CoinJar complies with local regulations and employs robust security measures, such as two-factor authentication and secure asset storage.
KYC Requirements
CoinJar requires standard KYC checks, including a government-issued ID and proof of address. The process is tailored for Australian users and is typically completed quickly.

#6 OKX – Low Fees and Advanced Tools
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
OKX is a platform I recommend for advanced traders seeking low fees and powerful trading tools. Its wide cryptocurrency offerings are also a huge draw.
Pros & Cons
- Low trading fees and high-volume discounts.
- Advanced trading tools for professionals.
- AUD deposits require third-party providers.
- Interface is geared towards experienced traders.
What are the Fees?
- Trading Fees: Starts at 0.10% for spot trading, with discounts for high-volume traders.
- Deposit Fee: Free for AUD via crypto wallets or third-party providers.
- Withdrawal Fee: Varies by asset (e.g., 0.0005 BTC for Bitcoin).
What Cryptocurrencies are Available?
OKX supports 350+ cryptocurrencies, including major coins, altcoins, and tokens for DeFi and NFTs. It’s a great platform for exploring emerging assets.
How Safe is the Exchange?
OKX uses advanced security protocols, including multi-signature wallets, cold storage, and real-time monitoring. These features provide peace of mind for traders.
KYC Requirements
To unlock full features, OKX requires identity verification using a government-issued ID and a photo. The process is smooth and typically completed within a day.

#7 Swyftx – Affordable and Easy to Use
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Swyftx is an Australian favourite for its low fees, easy-to-use interface, and excellent customer support. It’s a great starting point for anyone new to crypto.
Pros & Cons
- Transparent fees and AUD support.
- Local Australian customer support.
- Lacks advanced trading tools.
- Limited international market access.
What are the Fees?
- Trading Fees: Transparent, ranging from 0.6% to 1.0%.
- Deposit Fee: Free for AUD via PayID or bank transfer.
- Withdrawal Fee: Free for AUD withdrawals.
What Cryptocurrencies are Available?
Swyftx supports over 300 cryptocurrencies, including Bitcoin, Ethereum, and various altcoins. Its range caters to both beginners and seasoned investors.
How Safe is the Exchange?
Swyftx complies with AUSTRAC regulations and uses advanced encryption to protect user data. I also appreciate the platform’s transparency regarding security protocols.
KYC Requirements
Swyftx’s verification process is tailored for Australian users, requiring ID and proof of address. I found it quick and hassle-free.
What is a Crypto Exchange?
A crypto exchange is a platform where users can buy, sell, and trade cryptocurrencies like Bitcoin and Ethereum. These exchanges act as intermediaries, providing tools and markets for trading. In Australia, platforms often support AUD transactions, ensuring convenience and cost savings.
Why Use a Crypto Exchange in Australia?
Cryptocurrency exchanges are essential tools for buying, selling, and trading digital assets. For Australians, these platforms make it easy to manage crypto investments using AUD and provide access to a broad range of cryptocurrencies.
Low Fees for AUD Transactions
Using a crypto exchange in Australia eliminates expensive currency conversion fees. Most platforms, like CoinJar and Swyftx, support direct AUD deposits via PayID or bank transfers, keeping costs low. I’ve saved a lot by avoiding international transaction fees when trading directly in AUD.
Access to a Wide Range of Cryptocurrencies
Exchanges like Kraken and Crypto.com offer hundreds of cryptocurrencies, from Bitcoin and Ethereum to niche altcoins. Having access to such variety allows Australians to diversify their portfolios. Personally, I’ve used these platforms to explore promising altcoins that aren’t available on local exchanges.
Ease of Use for Australian Traders
Platforms designed with Australian traders in mind, such as Swyftx, feature intuitive interfaces, local customer support, and quick AUD deposits. When I first started, the simplicity of Swyftx’s design helped me feel more confident, even with no prior trading experience.
Factors to Consider When Choosing a Crypto Exchange in Australia
Security
Prioritising security is essential when choosing a crypto exchange. Look for features like cold storage, two-factor authentication (2FA), and comprehensive insurance policies. From my experience, platforms such as Kraken and Swyftx excel in protecting user funds, giving me peace of mind when trading and storing cryptocurrencies.
Fees
Crypto trading fees vary greatly across platforms, so finding one that suits your trading style is crucial. Personally, I prefer platforms with transparent and low trading fees like OKX and Kraken. Always compare deposit, withdrawal, and trading fees to minimise unnecessary expenses.
User Experience
A seamless interface can significantly enhance your trading journey. Beginner-friendly platforms like Coinbase and Swyftx simplify the process, while exchanges such as Kraken cater to advanced traders with sophisticated tools. The right choice depends on your skill level and trading needs.
Market Variety
If you’re keen to explore a wide range of cryptocurrencies, choose a platform that offers extensive options. Exchanges like Crypto.com and OKX provide access to hundreds of coins, including popular ones like Bitcoin and Ethereum as well as niche altcoins.
Customer Support
Reliable customer support is invaluable, especially when troubleshooting account or transaction issues. Platforms with 24/7 assistance, such as Swyftx and Kraken, have proven helpful in my experience, ensuring timely resolution of queries.
By evaluating these factors, you can confidently select a crypto exchange that aligns with your trading preferences while prioritising security, usability, and regulatory compliance in Australia.
Additional Considerations for Australian Users
Australian crypto traders face unique challenges, from taxation to compliance with local regulations. These considerations are crucial for a smooth trading experience.
Taxes: Reporting Crypto Gains and Losses
The Australian Tax Office (ATO) requires crypto traders to report all gains and losses. Keeping detailed records is essential. Some platforms, like Swyftx, offer downloadable tax reports that make compliance easier.
Regulation: Staying Compliant
Using AUSTRAC-compliant platforms ensures you’re trading legally in Australia. I always choose exchanges that adhere to these regulations to avoid risks and ensure my funds are secure.
Conclusion
Crypto trading in Australia is thriving, with exchanges offering low fees, diverse cryptocurrencies, and user-friendly features. From my experience, choosing the right platform depends on your goals—whether you’re a beginner, an advanced trader, or looking for niche coins. Remember to prioritise security, compliance, and fees. Start small, stay informed, and enjoy the journey into the crypto world!
FAQs
Fees vary depending on the platform. eToro charges spreads, Kraken offers low trading fees, and CoinJar provides competitive AUD deposit fees. Always review hidden costs like withdrawal fees, which can add up over time.
Yes, crypto trading is legal in Australia. Exchanges must comply with AUSTRAC regulations, including KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements, ensuring a secure trading environment for users.
You can deposit AUD via bank transfer, PayID, POLi, or debit/credit card. Platforms like eToro, CoinJar, and Swyftx support instant AUD deposits, making it easy for Australians to start trading quickly.
Reputable exchanges like CoinJar and Swyftx are secure. They utilise advanced encryption, store funds in cold storage, and comply with Australian regulations to ensure high safety standards for traders.
Some platforms, like OKX and Crypto.com, offer low or zero trading fees for specific transactions. Always check the fee structure and terms to find the best deal for your trading needs.
Top 5 Exchanges
1

eToro
Capital is at Risk!
2

Kraken
Capital is at Risk!
3

Coinbase
Capital is at Risk!
4

Crypto.com
Capital is at Risk!
5

CoinJar
Capital is at Risk!
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Our #1 Rated Crypto Exchange
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.