The Top Cryptocurrency Exchanges for Australian Crypto Traders

Table of Contents

• Getting Started
• What to Look for in an Exchange
• Binance Exchange
• Swyftx Exchange
• CoinJar Exchange
• Bittrex Exchange
• KuCoin Exchange
• Independent Reserve
• Digital Surge
• BitMEX
• GDAX Exchange
• Bitfinex Exchange
• CEX Exchange
• Changelly
• Final Thoughts

Purchasing cryptocurrency is now relatively simple, with many brokers enabling quick purchases of Bitcoin, Ethereum, and other cryptocurrencies. Trading cryptocurrency, however, requires selecting a reliable exchange platform.

This guide explores the best crypto exchanges for Australian traders, highlighting key features, fees, and security measures.

Getting Started

Steps to Begin Trading:

1. Registration: Create an account and verify your email.
2. Identity Verification: Complete KYC/AML checks (varies by platform).
3. Deposit: Fund your account via fiat (AUD) or cryptocurrency.
4. Trade: Execute orders using the exchange’s interface.
5. Withdraw: Transfer profits to a bank account or cold wallet.

👉 Compare exchange features

What to Look for in an Exchange

Key Criteria:

• Security: 2FA, cold storage, and hack history.
• Supported Cryptocurrencies: Diversity of coins/trading pairs.
• Fees: Trading, deposit, and withdrawal costs.
• Ease of Use: Beginner-friendly vs. advanced tools.
• Liquidity: High-volume platforms ensure smoother trades.

Top Exchanges Reviewed

1. Binance Exchange

Highlights:

• 200+ cryptocurrencies.
• 0.1% trading fee.
• Margin trading available.

Cons:

• Limited fiat deposit options.

👉 Visit Binance

2. Swyftx Exchange

Highlights:

• AUD support with PayID/POLi.
• Low spreads (0.2%).
• Demo account available.

Cons:

• Mobile app in beta.

3. Independent Reserve

Highlights:

• Insured by global providers.
• AUD/NZD/USD pairs.
• Integrated tax tools.

Fees: Free AUD withdrawals.

FAQ

Q: Which exchange has the lowest fees?

A: Binance (0.1% trading fee) and KuCoin (0.1%) are among the most competitive.

Q: Are Australian exchanges safer?

A: Platforms like Independent Reserve adhere to strict regulations and offer insurance.

Q: Can I trade without ID verification?

A: Some (e.g., KuCoin) allow limited trading without KYC.

Final Thoughts

Choose exchanges based on your needs:

• Beginners: Swyftx, CoinJar.
• Advanced Traders: Binance, Bitfinex.
• Fiat Focus: Independent Reserve.

🔗 Explore more options