As the popularity of cryptocurrency surges in Australia, the landscape of crypto exchanges becomes increasingly diverse, offering a plethora of options for traders. Navigating this landscape can be daunting, with questions of legitimacy and suitability looming large. In this guide, Daniel Chan from Marketplacefairness.org sheds light on some of the top cryptocurrency exchanges in Australia to help you find the perfect fit for your needs.
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Bybit Exchange (Claim up to $30,000 Bonus)
Bybit takes the crown as the premier cryptocurrency exchange in Australia, meeting every criterion on a crypto trader’s checklist. Boasting a daily trading volume exceeding $10 billion, Bybit offers low fees of 0.1% for Spot Trading and highly competitive rates for Derivatives Trading (0.02% for makers and 0.055% for takers).
With over 330 cryptocurrencies available for trading, encompassing spot trading or derivatives such as USDT Perpetual contracts, Inverse Perpetual contracts, Inverse Futures contracts, and Options, Bybit caters to the needs of experienced traders. The platform is tailored for serious traders, boasting a system functionality rate of 99.99% and a lightning-fast trade speed of 100,000 trades per second.
Key features include advanced charts, technical analysis tools, and Margin Trading with leverage of up to 100x. Even beginners can navigate Bybit effortlessly, purchasing cryptocurrency directly using AUD via popular payment methods like Visa/Mastercard and Apple Pay.
In case of any trading hurdles, Bybit offers round-the-clock customer support, ensuring queries are promptly addressed. The platform also rewards users with a VIP Program, providing access to preferential rates, VIP events, and campaigns. New users can claim up to $30,000 in bonuses through Bybit Rewards Hub.
CoinSpot Exchange
CoinSpot entered the Australian crypto market in 2013, swiftly gaining momentum and amassing a user base exceeding 2.5 million. Renowned for its industry-leading security and ISO 27001 certification, CoinSpot boasts the title of the most secure and trusted platform in Australia.
Ease of use is a hallmark of CoinSpot, offering a vast selection of over 410 cryptocurrencies. Even novices can effortlessly deposit funds and execute crypto transactions on this platform. CoinSpot’s 24/7 Live Chat support ensures users receive timely assistance, alleviating any concerns or issues they encounter.
An added bonus is CoinSpot’s NFT marketplace, where users can seamlessly buy and sell NFTs using any cryptocurrency of their choice directly from their account. This integration eliminates the need for third-party platforms, simplifying the NFT trading experience.
Swyftx
Swyftx boasts support for over 320 cryptocurrencies, easily purchasable using AUD, with the number of coins continually expanding. Transactions incur a mere 0.6% fee per transaction, with average spreads as low as 0.51%, as per our personal tests. Depositing and withdrawing AUD is free of charge, regardless of the chosen payment method, maximizing your trading potential.
Navigating the crypto trading landscape can be intimidating for newcomers, but Swyftx simplifies the process with its intuitive interface and instant buy/sell options.

For those just starting, there’s no need to grapple with complex graphs or limit orders—Swyftx makes trading a breeze. Plus, the platform offers a Demo mode where users can practice risk-free with $10,000 in virtual funds, gaining valuable insights into different strategies.
Encountering issues while using Swyftx? Fear not. The platform offers 24/7 Live Chat customer support, ensuring prompt assistance whenever needed. Whether you’re a beginner seeking guidance or an experienced trader with specific queries, the knowledgeable support team is just a message away.
Coinstash
Coinstash emerges as another reputable player in the Australian crypto market, facilitating the trade of over 1,000 cryptocurrencies with AUD. What sets Coinstash apart is its innovative DeFi Connector feature, granting access to over 500 coins from the DeFi sector—a rarity among platforms.
Coinstash’s user-friendly interface and commendable fee structure further cement its position as an excellent choice for both novice and intermediate traders. With AUD deposits and withdrawals free of charge, and a reasonable trading fee of 0.85%, Coinstash offers a cost-effective solution for crypto enthusiasts.
Digital Surge
Digital Surge rounds out our list, offering a seamless and intuitive platform ideal for novices and intermediate traders alike. Boasting over 300 coins and competitive fees, Digital Surge stands out as a user-friendly option in the Australian crypto landscape. Additionally, the platform’s unique feature allowing users to pay Australian bills or credit cards with Bitcoin adds a layer of convenience and utility.

MEXC E xchange
Looking for a platform that can handle all your crypto trading needs? MEXC is the go-to choice for avid traders seeking a comprehensive solution. With a vast selection of 1,520 cryptocurrencies and features like margin trading, futures trading, bot trading, and copy trading, MEXC caters to serious traders. Surprisingly, MEXC charges zero fees for spot trading and offers extremely low fees of 0.01% for futures trading. Plus, with the highest liquidity among crypto trading platforms worldwide, MEXC ensures speedy transactions and seamless trading experiences.
Crypto.com App
For Australians seeking simplicity and functionality in crypto trading, the Crypto.com app is a stellar option. With over 250 cryptocurrencies available for buying and selling, users can easily manage their investments on the go. The app’s straightforward interface ensures transparent transactions, with no additional commissions charged. Crypto.com’s ‘Earn’ feature rewards users for holding assets on the platform, while its Visa debit card offers a convenient way to spend crypto in the real world. With benefits like cashback rewards and free airport lounge access, Crypto.com makes crypto spending effortless.
Binance Exchange
As the world’s largest crypto trading platform, Binance offers a comprehensive suite of features, including spot trading, NFT marketplace, launchpad, mining pool, trading bots, and educational content.
With a flat fee of just 0.1% and the option to pay trading fees using Binance Coin for a 25% discount, Binance is ideal for serious traders. New users can enjoy up to $100 cashback vouchers based on their trading activity in the first week. Plus, with AUD deposits and withdrawals supported, converting crypto to AUD is hassle-free on Binance.
KuCoin Trading Platform
With over 30 million users globally, KuCoin is renowned for its vast offering of 700+ cryptocurrencies and low trading fees of 0.1%. The platform caters to both beginner and advanced traders with features like spot trading, futures trading, margin trading, crypto lending, borrowing, NFT marketplace, and staking. Notably, KuCoin offers free trading bots, allowing users to automate their trades and maximize profits. With deep liquidity and discounted trading fees when paying with KCS coin, KuCoin is a top choice for crypto investors.
eToro Australia
Although not a dedicated crypto exchange, eToro stands out as a versatile broker offering a range of trading instruments, including cryptocurrencies. With a social trading platform and features like Copy Trading, where users can mimic the trades of successful investors, eToro appeals to both novice and experienced traders.
The platform’s demo account allows users to practice trading with $100,000 in virtual money before diving into real trades. While eToro charges a reasonable 1% fee, Australian users should note that the platform operates in USD, incurring currency conversion fees for deposits and withdrawals.
Conclusion
Choosing the right crypto exchange is pivotal for a seamless trading experience. Bybit and CoinSpot emerge as frontrunners in the Australian market, catering to the needs of both novice and seasoned traders with their user-friendly interfaces, extensive cryptocurrency offerings, and robust security measures. Whether you’re a beginner seeking simplicity or an experienced trader craving advanced features, these exchanges have you covered.