Best Crypto Exchanges in Australia 2025

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Choosing the right cryptocurrency exchange in Australia is more important than ever—especially after high-profile collapses like ACX and MyCryptoWallet left investors out of pocket. With digital assets becoming increasingly mainstream, safety, ease of use, and trading flexibility are critical. This guide reviews the most trusted, secure, and user-friendly crypto exchanges in Australia for 2025, tailored to both beginners and experienced traders.

Each platform listed has been rigorously evaluated based on security, fees, available cryptocurrencies, customer support, and unique features. Whether you're looking for low fees, copy trading, demo accounts, or instant purchases, there’s an option here to match your needs.

Bybit – Best Overall Exchange in Australia

Bybit stands out as the top crypto exchange in Australia for 2025, offering a powerful blend of advanced trading tools and beginner-friendly features. With over 280 cryptocurrencies available, it supports spot trading, margin trading (up to 100x leverage), and derivatives—making it ideal for all skill levels.

Experienced traders benefit from lightning-fast execution (handling up to 100,000 orders per second), ultra-low fees, and a system uptime of 99.99%. Meanwhile, newcomers can use the simple instant buy feature with Visa, Mastercard, or Apple Pay—no complex setups required.

Security is a top priority at Bybit. The platform uses two-factor authentication (2FA), end-to-end encryption, and stores the majority of assets in HD cold wallets. It even runs a bug bounty program, rewarding ethical hackers for identifying vulnerabilities.

One standout feature is the Testnet (demo mode)—a risk-free environment where users can practice trading with real-time market data. This is invaluable for learning strategies before going live.

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CoinSpot – Most Secure Exchange

Launched in 2013, CoinSpot has grown to serve over 2.5 million users and holds the prestigious ISO 27001 certification—a global benchmark for information security. This makes it the most audited and secure exchange available to Australian investors.

You can instantly buy or sell more than 410 cryptocurrencies directly with AUD at a flat 1% transaction fee. Market trading incurs a lower 0.1% fee, making it cost-effective for active traders.

CoinSpot also features an integrated NFT marketplace, allowing users to buy NFTs directly with any cryptocurrency—no need for external wallets like MetaMask or Ethereum-specific payments.

With customer support available via live chat and most funds stored offline in cold storage, CoinSpot offers peace of mind without sacrificing accessibility.

Swyftx – Best for Demo Mode

Swyftx is a Brisbane-based, AUSTRAC-registered exchange that excels in user experience—especially for beginners. Its standout feature is the free demo mode, allowing new users to practice trading with virtual funds before risking real money.

With over 320 cryptocurrencies available and a flat trading fee of just 0.6%, Swyftx offers competitive pricing and low spreads thanks to access to deep international liquidity pools.

Deposits are free and instant via bank transfer, credit/debit cards, or PayID. Withdrawals in fiat are also free, making it one of the lowest-cost platforms in Australia.

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Crypto.com – Best for Beginners

Crypto.com delivers a seamless entry point into crypto with a clean mobile app, simple buy/sell functionality, and staking options for over 47 coins.

The platform eliminates confusion: what you see is what you pay. Fees are baked into the spread, so there are no hidden charges during purchases.

A major draw is the Crypto.com Visa debit card, which offers up to 5% cashback in CRO tokens and perks like free Netflix subscriptions and airport lounge access—depending on staking levels.

Digital Surge – Best for Low Spreads

Digital Surge offers tight spreads and low fees starting at 0.5%, reducible with higher trading volumes. It supports over 300 cryptocurrencies with a clean interface perfect for beginners.

While it only offers spot trading (no futures or margin), its reliability and low costs make it a solid choice for long-term investors.

MEXC Global – Zero Fee Trading

MEXC is a powerhouse for advanced traders, offering over 1,520 cryptocurrencies and 2,110+ trading pairs. Spot trading comes with 0% fees, while futures trading charges just 0.0% (maker) and 0.01% (taker).

The platform includes free trading bots and Copy Trading, allowing users to automate strategies or mirror successful traders.

MEXC boasts superior liquidity compared to Binance and Bybit—ideal for large-volume trades with minimal slippage.

eToro – Top Pick for Copy Trading

eToro’s social trading platform lets users follow and automatically copy top-performing investors. It also offers a $100,000 demo account for risk-free practice.

While limited to 75 cryptocurrencies, eToro supports CFDs, allowing speculation on price movements without owning the asset.

A downside is its 1% trade fee and USD-based pricing, which may incur AUD conversion charges.

Binance – Best for Serious Traders

Despite not being Australia-based, Binance is widely used locally due to its 600+ coins, 0.1% flat fee, and robust tools like futures, P2P trading, and staking.

AUD deposits are free via PayID or Osko. However, some users report issues verifying Australian IDs.

Binance Lite offers a simplified interface for beginners.

Independent Reserve – Best for Institutional Investors

This Australian exchange offers insurance coverage up to $5 million—a rarity in the industry. Trading fees start at 0.5%, dropping to 0.02% for high-volume traders.

It provides KPMG-powered tax reports and an OTC desk for trades over $100k—ideal for SMSFs and institutions.

Only 27 coins are supported, but they include major assets like BTC, ETH, and XRP.

Kraken – Best for Security

Kraken is regulated in the US and known for top-tier security. It offers staking, margin trading, and futures—but only 19 AUD pairs.

Fees range from 0.16%–0.26%, though instant buys cost 1.5%—above average.

Easy Crypto – Best for Instant Purchases

Easy Crypto bypasses deposits: users pay directly from their bank to purchase crypto sent straight to their personal wallet. This means no funds are ever held on the exchange, reducing hacking risks.

It offers a 100% funds guarantee on all transactions.

Elbaite – Best for Peer-to-Peer Trading

Elbaite is a non-custodial P2P exchange with zero fees for sellers and 1% for buyers. Transactions occur wallet-to-wallet with escrow protection.

No personal data is shared between parties—ideal for privacy-focused traders.

Cointree & Coinjar – Simple Alternatives

Cointree is ultra-beginner-friendly with over 280 coins and BPAY bill payments via crypto.
Coinjar supports diverse payment methods and offers a debit card (Coinjar Swipe).

Frequently Asked Questions

Q: Which crypto exchange is safest in Australia?
A: CoinSpot holds ISO 27001 certification—the highest security standard—and stores most assets offline.

Q: Can I trade crypto without fees in Australia?
A: Yes—MEXC offers 0% spot trading fees, making it one of the most cost-effective platforms.

Q: Are my crypto assets insured in Australia?
A: Independent Reserve is the only exchange offering up to $5 million in insurance coverage.

Q: Which exchange is best for beginners?
A: Crypto.com and Swyftx offer intuitive apps, demo accounts, and simple buying processes.

Q: Can I automate my trades?
A: Bybit, MEXC, and Binance all offer free trading bots and copy trading features.

Q: Do I need to pay taxes on crypto in Australia?
A: Yes—crypto is subject to capital gains tax (CGT). Platforms like Independent Reserve provide tax-ready reports.

👉 Start your crypto journey today with tools that help you trade smarter.