Best Low-Fee Crypto Exchanges in Australia

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Adam Woodhead
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Adam Woodhead

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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
Thomas Drury

Thomas Drury

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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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Updated 26/04/2025

Discover the best low-fee crypto exchanges for Australians, curated for cost-conscious traders. Whether you’re a beginner or an experienced investor, these platforms offer competitive rates and robust features.

Quick Answer: Which Crypto Exchange Have the Lowest Fees?

Kraken Pro, Swyftx, and CoinSpot top the list for 2025, offering competitive fees, strong security, and AUD-friendly features—perfect for both beginners and advanced traders. Compare platforms and start trading smarter today.

White Kraken Pro Logo on a white background

Featured Exchange - Kraken

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The Top 7 Crypto Platforms with the Lowest Fees

Here are the top 5 crypto exchanges for Australians in 2025:

  1. Kraken Pro: Best for global liquidity and low trading fees.
  2. Swyftx: Ideal for beginners with AUD integration.
  3. Independent Reserve: Perfect for secure, high-volume trading.
  4. CoinSpot: Best for a wide variety of cryptocurrencies.
  5. Kraken – Great for Advanced Traders
  6. CoinJar – Best for Crypto Debit Cards and Mobile
  7. CoinTree – Good for beginners

Comparison of the Top 5 Low-Fee Crypto Exchanges in Australia

Here’s a detailed comparison of the top low-fee exchanges for Australians in 2025:

RankPlatformTrading Fees (Maker/Taker)Deposit FeesWithdrawal FeesSupported CryptosKey Features
#1Kraken Pro0.16% / 0.26%Limited AUD supportVaries by method200+Advanced trading tools, low fees, staking, strong global reputation.
#2Swyftx0.60% flatFreeFree320+Beginner-friendly UI, demo mode, AUD integration, transparent pricing.
#3Independent Reserve0.50% to 0.02% (volume-based)Free via bank transferVaries by method25+Institutional-grade security, SMSF support, competitive tiered fees.
#4CoinSpot1% (instant), 0.1% (market orders)Free via PayID, POLiFree370+Longstanding Aussie exchange, wide coin support, easy for beginners.
#5Kraken0.16% / 0.26%Limited AUD supportVaries by method200+Advanced trading tools, staking, low fees, global reputation.
#6CoinJar1% flatFree for AUD depositsFree50+Crypto debit card, mobile-friendly, supports AUD and GBP.
#7Cointree0.50% (discounts for volume)Free for bank transferFrom $2 or 0.9% (varies)280+Easy UI, bill payment with crypto, educational content.

What’s Next for Crypto in Australia? A Quick Outlook for 2025

The Australian crypto market is set for major growth in 2025, driven by rising adoption and clearer regulations from ASIC and AUSTRAC. Exchanges like Independent Reserve and CoinSpot will continue offering low fees, seamless AUD transactions, and enhanced security, making crypto more accessible.

 

Key Trends to Watch

 

  • Lower Fees: Exchanges will refine fee structures with tiered pricing, rebates, and zero-fee promotions to attract cost-conscious traders.
  • Stronger Security: Expect biometric authentication, AI fraud detection, and stricter AML/KYC measures to combat cyber threats.
  • More Asset Choices: Crypto platforms will expand into tokenised stocks, commodities, and real estate, broadening investment options.
  • Institutional Adoption: Super funds and traditional financial institutions may offer crypto investments, integrating digital assets into mainstream finance.
  • DeFi Integration: More exchanges will blend centralised and decentralised finance (DeFi), offering staking, lending, and yield farming on a single platform.

Best Low-Fee Crypto Exchanges

White Kraken Pro Logo on a white background

#1 – Kraken Pro

Kraken Pro is an excellent choice for Australian traders who value low fees, powerful tools, and rock-solid security. With maker/taker fees starting at 0.16% and 0.26%, Kraken Pro remains one of the most cost-effective platforms for active and professional traders. It supports 200+ cryptocurrencies, including major coins and a growing list of altcoins, making it a great option for portfolio diversification.

Kraken Pro is known for its advanced trading interface, offering features like margin trading, staking, and a highly customisable layout. While AUD support is more limited compared to Aussie-based platforms, many Australians use Kraken Pro for its deep global liquidity and reliable execution.

Security is where Kraken truly stands out. It has never been hacked and offers industry-leading safety protocols like cold storage, 2FA, and proof-of-reserves audits, giving peace of mind to even the most cautious investors.

  • Ultra-competitive trading fees and professional-grade tools.
  • Access to staking, advanced orders, and global markets.
  • Exceptional security record and institutional-grade protection.

Yes—especially for serious traders and investors. While Kraken Pro doesn’t offer full AUD integration like Swyftx or CoinSpot, its low fees, powerful trading features, and impeccable security make it a top choice for Australians who want access to a global platform.

 If you’re comfortable with crypto deposits or international transfers, Kraken Pro delivers a robust and secure experience for all levels of crypto users.

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swyftx logo blue

#2 Swyftx

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Swyftx has one of the simplest and most transparent fee structures among Australian crypto exchanges. It charges a flat trading fee of 0.6%, which is competitively low for casual traders. Unlike some platforms, Swyftx avoids hidden costs by offering real-market spreads rather than inflated ones.

Another advantage of Swyftx is its zero-fee policy for AUD deposits and withdrawals. This includes popular deposit methods like PayID, POLi, and bank transfers, making it a cost-effective option for Australian users.

Key advantages of Swyftx fees:

  • 6% flat trading fee.
  • No deposit or withdrawal fees for AUD transactions.
  • Transparent pricing with no hidden costs.

Yes, Swyftx is highly suited to Australians, particularly beginners and casual traders. Designed with Australian users in mind, it supports AUD deposits and local payment methods like PayID and POLi, allowing seamless access to crypto markets.

The platform offers a user-friendly interface with features such as a demo mode, enabling users to practice trading without risking real funds. Swyftx also provides excellent customer support via live chat, email, and phone, which is rare among crypto exchanges.

With over 320 cryptocurrencies available, Swyftx offers ample trading options, and its comprehensive tax reporting tools ensure compliance with Australian regulations.

Why Swyftx stands out for Australians:

  • AUD integration and localised features.
  • Demo mode for beginners to practice trading.
  • High level of customer support.

#3 Independent Reserve

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Independent Reserve uses a tiered fee structure that benefits high-volume traders. The standard fee starts at 0.5%, but this decreases incrementally based on your 30-day trading volume. For traders with volumes exceeding $1 million AUD, fees can drop as low as 0.02%, making it one of the most cost-effective platforms for professional and institutional traders.

The exchange also charges zero fees for AUD deposits via PayID or bank transfer, which simplifies fiat onboarding for Australian users. Withdrawal fees are minimal, ensuring cost-effective access to your funds.

Highlights of Independent Reserve’s fees:

  • Tiered trading fees, starting at 0.5% and reducing to 0.02%.
  • Free AUD deposits for seamless funding.

Yes, Independent Reserve is particularly suited for Australian traders seeking a secure and regulated platform. The exchange is AUSTRAC-registered, ensuring full compliance with Australian financial laws. Its high-security standards include insurance coverage for digital assets, multi-signature wallets, and cold storage.

In addition, Independent Reserve caters to institutional traders with advanced order types and API integrations for automated trading. While it supports a smaller selection of cryptocurrencies (25+ coins), it focuses on high-quality, reputable assets.

Why Independent Reserve is ideal for Australians:

  • AUSTRAC-regulated and compliant with local laws.
  • Institutional-grade security and trading features.
  • Cost-effective for high-volume traders.

#4 CoinSpot

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CoinSpot uses a straightforward fee model, charging a 1% fee for instant buy/sell trades. However, users looking to save on costs can leverage market orders, which attract a significantly lower fee of 0.1%. This makes CoinSpot competitive for traders who actively use its advanced trading features.

For deposits, CoinSpot supports fee-free AUD funding via PayID, POLi, or direct bank transfer. Withdrawals in AUD are also free, enhancing its appeal for Australian users.

Key highlights of CoinSpot’s fee structure:

  • 1% instant buy/sell fee, reduced to 0.1% for market orders.
  • Free AUD deposits and withdrawals.

Yes, CoinSpot is a highly accessible platform for Australians, especially beginners. Its intuitive interface makes it easy to buy, sell, and manage cryptocurrencies without a steep learning curve.

CoinSpot offers an extensive range of cryptocurrencies, with over 370+ coins available, making it one of the largest selections in Australia. It’s also known for its focus on security, featuring ISO 27001 certification, which is rare among crypto exchanges.

For users who value simplicity and variety, CoinSpot stands out as an ideal choice.

Why CoinSpot is great for Australians:

  • Perfect for beginners with an easy-to-use interface.
  • Largest selection of cryptocurrencies in Australia.
  • Free AUD deposits and ISO-certified security.
Kraken logo purple

#5 – Kraken

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Kraken is a standout option for Australians who want low fees and access to advanced trading features. With maker/taker fees starting from 0.16% and 0.26% respectively, Kraken is one of the most cost-effective global exchanges—especially for those who trade frequently or in large volumes.

The platform supports over 200 cryptocurrencies, including all the major coins and many DeFi, metaverse, and altcoin projects. Kraken also shines when it comes to trading tools, offering features like futures, margin trading, and a powerful Pro interface.

Security-wise, Kraken is one of the most trusted names in the crypto world. It has never been hacked and provides top-tier protection through cold storage, two-factor authentication, and proof-of-reserves audits.

  • Very low trading fees for active traders.
  • Access to margin, staking, and futures markets.
  • Strong security track record and transparent operations.

Yes, Kraken is a strong choice for Australian users who value low fees and robust trading tools. While AUD deposit options are more limited compared to Aussie-native exchanges, many local users use Kraken as a secondary platform to benefit from its deep liquidity, competitive pricing, and global reach.

 It’s best suited to intermediate and advanced users, but even beginners can get started easily with its clean UI and helpful support. If you’re comfortable funding your account via crypto or international transfer, Kraken is well worth a look.

Coinjar Logo In red

#6 – CoinJar

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CoinJar is a long-running Australian crypto exchange that blends simplicity with useful features. Trading fees sit at a flat 1%, which isn’t the lowest, but the platform makes up for it with convenience, security, and some unique offerings.

One of CoinJar’s standout features is the CoinJar Card—a crypto debit card that allows you to spend your crypto like cash anywhere Mastercard is accepted. It also offers fast AUD deposits via PayID and BPAY, a well-designed mobile app, and support for over 50 cryptocurrencies.

CoinJar is registered with AUSTRAC, has been around since 2013, and is a trusted name in the local crypto scene.

  • Offers a crypto debit card for everyday spending.
  • User-friendly mobile app and fast AUD deposits.
  • One of the longest-running and most trusted Aussie exchanges.

Definitely. CoinJar is a reliable and easy-to-use platform, perfect for beginners and everyday crypto users in Australia. While trading fees are a bit higher than competitors, the value lies in convenience—especially if you plan to use your crypto regularly.

If you’re looking for a simple, secure exchange with good local support and handy tools like a crypto card, CoinJar is a strong option.

Cointree Logo In green

#7 – Cointree

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Cointree is a Melbourne-based crypto exchange focused on simplicity and education. Trading fees start at 0.5%, with discounts available for high-volume users. It supports over 280 cryptocurrencies and makes it easy to buy, sell, or pay bills using your crypto.

 Yes, that’s right—Cointree lets you pay BPAY bills directly from your crypto wallet, a standout feature not seen on many other platforms. It also offers portfolio management tools, auto-buy options, and a learning hub for beginners.

Cointree is registered with AUSTRAC and complies with all Australian financial regulations, making it a trustworthy local platform.

  • Pay BPAY bills directly with your crypto.
  • Clean, beginner-friendly interface.
  • Local support and strong compliance credentials.

Yes, Cointree is a great fit for beginner to intermediate Aussie users who want a no-fuss platform with helpful features. The ability to pay bills with crypto is a game-changer for those looking to integrate crypto into daily life.
 While fees aren’t the lowest, the simplicity, customer support, and unique functionality make it a worthwhile option—especially for users new to the space or looking for a solid Aussie-based platform.

What are Low-Fee Crypto Exchanges? And How Can They Save You Money?

Low-fee cryptocurrency exchanges help traders keep more of their profits by reducing costs like trading fees, deposit fees, and withdrawal fees. Even small differences in fees can add up over time, especially for active traders.

 

For example, if you are trading $10,000 AUD worth of Bitcoin on a platform that charges a 0.5% trading fee, you’ll pay $50 per trade; if another exchange offers a 0.1% fee, those same trade costs come up to just $10—a savings of $40 per transaction.

Over 10 trades, that’s $400 saved just on fees.

 

Deposit and withdrawal fees are the most common fees; some platforms also charge a flat withdrawal fee, which can be expensive if you make frequent small withdrawals. However, there are some platforms, like CoinSpot and Swyftx, that offer free AUD deposits and withdrawals, eliminating hidden costs.

 

Choosing a low-fee exchange with AUD support ensures you’re not losing money before you even start trading.

Why Do Fees Matter When Trading Crypto?

Every fee impacts your profit margins, especially if you trade frequently. High trading fees can erode gains, making it harder to stay profitable. Low-fee platforms are particularly important for day traders and high-volume investors who make multiple transactions and need to minimise costs.

Key Features to Consider When Choosing a Crypto Exchange (2025)

These days, when selecting a crypto exchange, fees are just one part of the equation. Here are additional features to evaluate: 

What Should You Look for in a Crypto Exchange Beyond Fees?

A good exchange should offer more than low fees and easy trades. Consider:
 

  • Security: Look for cold storage, two-factor authentication (2FA), and insurance policies to protect your funds.
  • User Interface, Web Design and Mobile Trading: Does the platform have a beginner-friendly interface and a seamless mobile experience?
  • Customer Support Services: Is there 24/7 support available in case you run into issues?
  • Cryptocurrency Selection: Does the exchange support the coins you want to trade?
  • Strict Regulatory Compliance: Choose a licensed and AUSTRAC-registered exchange for added safety.

Why Is Security and Regulatory Compliance Important?

These bodies protect users from fraud, hacks, and financial misconduct. In Australia, exchanges must comply with AUSTRAC (Australian Transaction Reports and Analysis Centre) to prevent money laundering and terrorist financing. Additionally, the Australian Securities and Investments Commission (ASIC) oversees financial regulations, ensuring exchanges operate transparently and fairly.

 

In 2025,  the leading crypto platforms will most likely implement advanced security measures, such as cold storage for funds, two-factor authentication (2FA), multi-signature wallets, and insurance policies to safeguard your assets. Strict regulatory compliance ensures that exchanges follow Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, reducing the risk of illicit activities. 
 
Choosing an exchange that is properly certified not only enhances security but also provides traders with a trustworthy and legally compliant platform for their crypto investments.

How Does User Interface Affect Your Trading Experience?

Every trader knows that a well-designed platform can make all the difference—streamlining the trading process and enhancing overall usability. Exchanges like CoinSpot stand out with their beginner-friendly interface, offering one-click trading, a clean layout, and a seamless mobile app experience. Swyftx also excels in this area, blending a user-friendly interface with helpful features like demo mode for risk-free practice and built-in educational tools to support learning.

 

For more advanced users, Independent Reserve delivers powerful tools, including customisable dashboards, advanced order types, and full API support.

Traders can personalise their workspace with flexible widget arrangements and customisable interfaces, enhancing productivity. Some platforms offer both complexity and simplicity, with an authentication process that adds an extra layer of security and a “Lite” view that helps reduce clutter for newer users. Additionally, dark mode options and real-time charting tools are becoming standard across top exchanges—giving traders more control over how and when they trade.

How Do You Set Up and Verify a Crypto Exchange Account?

Setting up a crypto exchange account in Australia is usually quick, but regulated platforms require KYC (Know Your Customer) to comply with AUSTRAC and ASIC rules.

Here’s a quick overview of the process:

  1. Create an Account
    Sign up via the exchange’s website or mobile app using your email and password. Most will ask you to verify your email.
  2. Enable Two-Factor Authentication (2FA)
    This adds an extra layer of security and is often required before you can deposit funds.
  3. Verify Your Identity
    Provide personal details and upload a photo ID (passport or driver’s license). Some platforms may also request a selfie or proof of address. Most verifications are completed within minutes to a few hours.
  4. Link a Payment Method
    Add a bank account using PayID, OSKO, or bank transfer. Some exchanges also support card payments, though fees may apply.
  5. Explore the Interface
    Customise your dashboard, toggle dark mode, test features via demo mode (on platforms like Swyftx), and explore tools like real-time charting.

Once verified, your account is ready to fund and start trading. Always double-check security settings before depositing.

How Do You Know If an Exchange Has a Good Reputation?

An exchange’s reputation is built on trust, security, and user feedback. Independent Reserve is widely respected for its strong regulatory standing, insurance protection, and institutional-grade security. CoinSpot has earned high ratings from Australian traders due to its ISO 27001 certification and transparent operations. 

Swyftx is praised for its smooth onboarding experience and excellent customer support, while Binance, despite its global presence and low fees, has faced regulatory scrutiny in certain regions. Checking online reviews, regulatory compliance, and security measures helps ensure you are trading on a reliable platform. 

Which Crypto Exchange Is Best for You?

The Australian crypto trading landscape in 2025 offers plenty of low-fee options tailored to different needs. The best exchange depends on what you prioritise most: 

  • Want the lowest fees? Binance offers some of the cheapest trading rates. 
  • New to crypto? Swyftx is beginner-friendly, with a demo mode and simple interface. 
  • Trading large volumes? Independent Reserve’s tiered fee structure benefits high-volume traders. 
  • Looking for the biggest selection of coins? CoinSpot has the largest range of cryptocurrencies in Australia. 

By picking the right platform, you can trade smarter, lower costs, and maximise your returns. 

Which Coins are available to trade in Australia?

Not all crypto exchanges offer the same range of coins. Some focus on quality over quantity, while others give access to hundreds of altcoins, DeFi tokens, and NFTs. Here’s how they compare.

User PreferenceBest ExchangeWhy It Stands Out
Want the biggest selection?CoinSpotSupports 370+ cryptocurrencies, including Bitcoin, Ethereum, DeFi tokens, and niche altcoins.
Prefer a balanced mix?SwyftxSupports 300+ coins—a solid mix of majors and altcoins. Fully AUD-friendly, no conversion needed.
Want only trusted coins?Independent ReserveFocuses on 25+ high-quality assets—ideal for conservative or long-term investors.

How Do You Know If an Exchange Has a Good Reputation?

An exchange’s reputation is built on trust, security, and user feedback. Independent Reserve is widely respected for its strong regulatory standing, insurance protection, and institutional-grade security. CoinSpot has earned high ratings from Australian traders due to its ISO 27001 certification and transparent operations.

Swyftx is praised for its smooth onboarding experience and excellent customer support. Checking online reviews, regulatory compliance, and security measures helps ensure you are trading on a reliable platform.

Which Crypto Exchange Is Best for You?

The Australian crypto trading landscape in 2025 offers plenty of low-fee options tailored to different needs. The best exchange depends on what you prioritise most:

Final Thoughts

The Australian crypto trading landscape in 2025 offers plenty of low-fee options tailored to different trading needs. Whether you’re a beginner exploring crypto or an experienced trader managing large portfolios, platforms like Kraken Pro, Swyftx, Independent Reserve, and CoinSpot provide robust, low-cost solutions. 

  

Final Recommendations: 

  • Use Kraken Pro for global liquidity and low fees. 
  • Choose Swyftx if you’re new to crypto and want a user-friendly platform. 
  • Opt for Independent Reserve for secure, high-volume trading. 
  • Go with CoinSpot if you’re looking for a wide range of cryptocurrencies. 

By selecting the right platform, you can maximise your returns while enjoying a seamless trading experience.

FAQs

Yes, cryptocurrency trading is completely legal in Australia. The Australian government regulates crypto exchanges through AUSTRAC (Australian Transaction Reports and Analysis Centre) to ensure compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) laws. It is essential to use AUSTRAC-registered exchanges for security and legal protection. 

Binance has the lowest trading fees, starting at 0.10% for spot trading, with free AUD deposits. 

Yes, as long as you choose a reputable platform like Swyftx, Independent Reserve, or Binance, all of which have strong security measures in place. 

It is generally safer to transfer your crypto to a private wallet. Cold wallets are the most secure because they store assets offline. If you prefer keeping crypto on an exchange, choose one with strong security features like two-factor authentication (2FA), multi-signature wallets, and insurance protection. 

Swyftx is great for newcomers due to its easy-to-use interface, demo mode, and local customer support. 

Yes!  All the mentioned exchanges – Binance, Swyftx, Independent Reserve, CoinSpot) -support AUD deposits, withdrawals, and trading pairs. 

Yes, the Australian Taxation Office (ATO) considers cryptocurrency as an asset, meaning capital gains tax (CGT) applies when you sell, swap, or use crypto for purchases. Keeping detailed records of transactions is crucial for accurate tax reporting. 

Most Australian exchanges support bank transfers, PayID, POLi, and credit/debit cards for deposits. Bank transfers via PayID are usually instant and free, while credit card deposits often come with higher fees. Withdrawals to an Australian bank account are typically free or have minimal charges, depending on the exchange. 

No, due to KYC (Know Your Customer) regulations, all AUSTRAC-registered exchanges require identity verification before allowing trading. This usually involves providing a photo ID and proof of address 

References:

  1. Australian Transaction Reports and Analysis Centre (AUSTRAC)Regulatory guidelines for cryptocurrency exchanges in Australia. 
    https://www.austrac.gov.au
  2. Australian Taxation Office (ATO) – Cryptocurrency Tax GuidelinesRules on capital gains tax (CGT) and income tax for crypto traders. 
    https://www.ato.gov.au/General/Gen/Cryptocurrency/
  3. Statista – Cryptocurrency Adoption in AustraliaTrends in crypto trading, usage, and investment across different demographics. 
    https://www.statista.com
  4. Reserve Bank of Australia (RBA) – Digital Assets and Crypto in the Australian Financial SystemInsights into the impact of crypto on the national economy. 
    https://www.rba.gov.au
  5. Choice – Consumer Advocacy Report on Cryptocurrency ExchangesReview of user experiences, exchange security, and trading risks. 
    https://www.choice.com.au
  6. Independent Reserve – Exchange Fees and Security PoliciesBreakdown of trading fees, security features, and institutional-grade protections. 
    https://www.independentreserve.com
  7. CoinSpot – Trading Fees and Supported CryptocurrenciesDetails on the exchange’s fee structure and available digital assets. 
    https://www.coinspot.com.au
  8. Swyftx – Beginner’s Guide to Trading Crypto in AustraliaEducational resources for new traders, including platform features and fee comparisons. 
    https://www.swyftx.com.au
  9. Binance Australia – Trading Fees and Liquidity ReportsReal-time market liquidity and competitive fee structures. 
    https://www.binance.com/en-AU 

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