Best Crypto Exchanges in Australia in December 2025

Author

Eric Huffman

Author

Eric Huffman

Part of the Team Since

Jan 2024

About Author

Eric Huffman's background includes a decade plus in business management as well as personal finance industry experience in insurance and lending. A strong understanding of consumer finance combined...

Has Also Written

• DeepSnitch AI (DSNT) Price Prediction 2025-2030
• Is ZKP Legit or a Scam? A Detailed Review
• Zero Knowledge Proof (ZKP) Price Prediction 2025-2030
• Bitcoin Munari (BTCM) Price Prediction 2025-2030
• Is Bitcoin Munari a Scam or Legit? In-Depth Review

Author Profile

Share

Copied

Fact Checked by

Tsvetomir Koychev

Content Lead

Tsvetomir Koychev

Part of the Team Since

Feb 2025

Author Categories

Exchanges Wallet Security Crypto Regulation

About Author

Tsvetomir is a Crypto Editor and Writer at Cryptonews, where he produces data-backed and impactful content focused on cryptocurrencies, exchanges, wallets, and blockchain technology.

Has Also Written

• 10 Best Crypto Wallets for January 2026
• 15 Best Crypto Wallets in South Africa for 2025
• Best Crypto Wallets in Australia for December 2025

Author Profile

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

November 21, 2025

Australia’s crypto market is thriving, but navigating it can be tricky due to strict regulations, limited AUD fiat on-ramps, high fees, and varying levels of security and user experience. Whether you’re a beginner who’s still learning the ropes or an advanced trader looking for advanced tools, our shortlist of the best crypto exchanges in Australia has you covered.

We tested 25 leading crypto exchanges and evaluated them based on strict criteria like security (e.g., cold storage), fees (trading, withdrawal, and deposit costs), coin selection, ease of use, and extra features like staking or margin trading.

We also took into account compliance with Australian regulations, such as AUSTRAC registrations, to ensure safety and reliability. Considering this, Independent Reserve, bitcoin.com.au, and Binance came out on top, as they excelled in all key aspects of our methodology. Read on to learn what sets them apart and discover nine excellent alternatives for various use cases:

Top Crypto Exchanges in Australia in December 2025 Reviewed

We compared dozens of crypto trading platforms, narrowing the list to our picks for the best crypto exchanges in Australia.

1. Independent Reserve — The Overall Best Crypto Exchange in Australia

Established in 2013, Independent Reserve is one of Australia’s most trusted and reliable cryptocurrency exchanges. It serves a broad range of crypto users, offering purpose-built solutions for individuals, families, trusts, companies, and institutions. Currently, the exchange supports the most popular cryptocurrencies in Australia, including BTC, ETH, XRP, and more than 30 others.

Crypto security is one of Independent Reserve’s core pillars, reflected in the platform’s ISO 27001 certification and “Gold Certification” with the Digital Economy Council of Australia (DECA). The majority of users’ cryptocurrencies are stored in secure offline vaults, while funds are held in segregated accounts.

Independent Reserve complements its industry-grade asset protection with a user-friendly crypto management experience. Australian users can make instant AUD deposits and withdrawals, with some payment options charging zero fees. Experienced traders can also access the platform’s advanced trading interface, which features in-depth tools and up to 5x leverage.

Special Offer: Get $20 in free BTC when you sign up and trade on Independent Reserve.

2. bitcoin.com.au — Best Beginner-Friendly Australian Crypto Exchange

bitcoin.com.au is one of the leading crypto exchanges based in Australia. Since 2013, the platform has offered investors secure and reliable crypto management, which we have found to be best suited for beginners. Clients can instantly buy and sell over 35 cryptocurrencies with a simple 1% trading fee per transaction.

The entire bitcoin.com.au user experience focuses on accessibility, as users can deposit AUD for free via PayID, bank transfer, credit/debit card, and PayPal. The exchange is available on both desktop and mobile platforms, with responsive and streamlined interfaces.

Additionally, the AUSTRAC-regulated exchange heavily emphasizes security. It keeps a 1:1 reserve of all client-owned assets, most of which are secured in cold storage. As a sole custodian, bitcoin.com.au has not had any recorded security breaches in the past decade.

Special Offer: Get $20 in free BTC when you sign up and trade on bitcoin.com.au.

3. Binance Australia — Best Australia Crypto Exchange for High Liquidity

Binance provides a different trading experience depending on location, with Binance Australia offering most of the features of the global exchange, with the notable exception of derivatives trading. For beginners and casual traders, the lack of derivatives likely makes the platform both safer and easier to use. Advanced traders can still utilize Binance’s low fees and high liquidity for top cryptocurrencies.

Binance Australia offers both a simple trading platform and an advanced platform (with lower fees). While the platform no longer supports AUD bank wire transfers, you can buy with AUD via credit or debit cards or through third-party providers, as well as make crypto deposits.

With more than 400 cryptocurrencies supported, and the largest volume and liquidity in the industry, Binance is particularly well-suited for whales and big investors who want to make large orders. This also minimizes slippage, which reduces costs and ensures trades are executed instantly.

4. MEXC — Best Crypto Exchange in Australia for Wide Crypto Support

Founded in 2018, MEXC is currently the crypto exchange with the most coins, with 2,270+ coins available for trading. This also comes with some of the highest leverage limits in the industry – up to 400x on popular trading pairs like BTC/USDT.MEXC’s 0% maker trading fees make the exchange a top pick for high-volume and high-frequency traders.

Futures trades, using MEXC’s perpetual futures, cost 0% for maker trades (limit orders) and 0.02% for taker trades (market orders).

Additional discounts are available for traders who hold 1,000+ MX tokens. The exchange is also among the few that offer leveraged ETFs, which are suitable for advanced traders. Using this feature, you can gain exposure to popular coins such as Bitcoin and Ethereum with 3x to 5x leverage, without worrying about margin calls or continuously managing your risk.

6. Kraken — Best Australian Crypto Exchange for Transparency

Kraken’s history in Australia dates back to 2013, making the exchange one of the most established crypto platforms available in the country. Like Coinbase and a few other exchanges, Kraken makes onboarding for new users easier with a simplified platform while also offering an advanced platform (with lower fees): Kraken Pro.

The exchange is also among the first to provide proof of reserves, a third-party verified method of showing the assets held by the exchange. Kraken is also highly secure, as it holds over 95% of user assets in cold storage wallets and uses military-grade encryption to protect all sensitive data.

While Kraken offers leverage trading in many markets, the exchange has traditionally been more conservative, capping leverage at 5x and limiting access to financially qualified investors. These steps help keep the platform more stable by reducing risk during fast market moves.

6. WEEX — Best Crypto Exchange for No-KYC Trading in Australia

WEEX is one of the top-performing global crypto exchanges in 2025. Traders can create an account on the platform without revealing any personal details or completing KYC verification. Within the exchange, users can trade over 1,700 supported tokens and make on-chain transfers (deposits and withdrawals).

As of this writing, WEEX serves over 6 million global users and averages more than $5 billion in daily trading volume. The exchange is available in over 160 countries, including Australia and New Zealand. Additional features include futures markets, crypto P2P, copy trading, and demo mode.

While KYC is not required, users can opt to verify their accounts to enjoy fiat payment options. In particular, WEEX supports AUD on-ramping via e-wallet and card options. The platform currently does not hold major market licenses, but adheres to global security standards with a 1:1 proof of reserves and 1,000 BTC protection fund.

7. KCEX — Best Low-Fee Crypto Exchange in Australia

If you’re looking for the most cost-effective crypto spot and futures trading solution in Australia, consider the KCEX exchange. Established in 2021, the platform is known for providing the lowest trading fees, allowing traders to maximize their positions. Specifically, KCEX has 0% spot trading fees, while futures trading charges 0% maker and 0.01% taker fees.

KYC verification is not required to create an account and enjoy KCEX’s competitive fees, selection of over 1,000 crypto pairs, and on-chain transfers. Additionally, the exchange features an advanced trading interface with in-depth tools and real-time order books for high-level market analysis.

KCEX frequently lists new tokens, making it a go-to for traders looking to capitalize on market trends and opportunities. Traders have access to up to 125x leverage with cross and isolated margin modes for added flexibility. Users can also take advantage of KCEX’s Flexible Savings program, which offers approximately 5% APY on their idle USDT and USDC holdings.

8. Margex — Best AU Exchange for Privacy-Oriented Traders

Margex is a derivatives-only platform designed for trading market moves. The exchange, based in Seychelles, is run by an anonymous team and doesn’t require KYC (Know Your Customer) identity verification. If you want to amplify your positions, you can trade with up to 100x leverage.

Margex prioritizes privacy while also offering bank-grade security, manipulation-resistant trading markets, and high liquidity. We found the platform well-designed, as it combines advanced trading with an easy-to-use interface that is welcoming to beginners as well as advanced traders who want distraction-free trading.

Low trading fees help you keep more of your profits. Market orders cost 0.060%, whereas limit orders will set you back 0.019%. Currently, spot trading is unavailable. However, Margex offers staking with a higher yield than many other platforms. The exchange delivers higher yields by deploying assets in various CeFi and DeFi strategies.

9. BloFin — Best Crypto Futures Exchange in Australia

BloFin is a high-performance crypto derivatives exchange that prioritizes safety and usability. The platform is secured by Fireblocks’ custodial protection framework, ensuring user-owned funds are safeguarded with high-grade encryption. With access to deep liquidity networks, BloFin provides high-speed futures trading on over 530 crypto pairs with up to 150x leverage.

The exchange is also highly accessible for Australian residents, with BloFin accepting fiat onramping via AUD, USD, EUR, and over 80 other currencies. Beyond its crypto derivatives offerings, the exchange offers spot markets, copy trading, and a crypto earning program with fixed and flexible terms.

Experienced traders can leverage BloFin’s advanced features, which include in-depth charts, tools, and automated AI trading bots. From futures grid to time-weighted average price (TWAP) strategies, users can set up special trading bot parameters for a smarter crypto futures trading experience.

10. PrimeXBT — Top Australia Exchange for Crypto and Traditional Markets

Founded in 2018, PrimeXBT has grown to serve customers in more than 150 countries worldwide. It offers 50 cryptocurrencies for contract for difference (CFD) spot trading alongside 31 USDT pairs available for leveraged futures trades. The PrimeXBT exchange offers up to 200x leverage for cryptocurrencies and up to 1,000x leverage for commodities, forex, and indices.

While limited in its crypto offerings, PrimeXBT provides the opportunity to multiple rational asset classes, which is a rare find among crypto exchanges. The platform also offers an excellent copy trading tool, which allows you to follow other traders’ moves and potentially earn without having to stay on the charts.

On the downside, PrimeXBT doesn’t support fiat deposits, including AUD, so you’ll need to use a third-party provider like Coinify or Paxful to exchange your fiat to crypto, which you can then deposit fee-free to your PrimeXBT wallet.

11. Best Wallet — The Overall Best Crypto Exchange in Australia

Best Wallet impressed us during our assessment with its built-in decentralized exchange (DEX). It’s a No-KYC trading platform that, unlike more popular exchanges, lends its full feature set to Australian users. These include support for over 1,000 cryptos across 60+ blockchains, low-fee swaps, enhanced security via biometrics and end-to-end encryption, and seamless AUD deposits.

The service also doubles down as one of the best crypto wallets, thanks to its non-custodial nature, which allows you to fully control your private keys and assets. There are no fees for deposits and withdrawals, and you’ll get discounts on gas fees if you hold the provider’s native token, $BEST.

Another key feature Australian investors would appreciate is Best Wallet’s presale dashboard. This gives you access to promising new tokens at the presale stage, which is often the easiest way to be among a project’s first investors. You can use your wallet’s balance to participate, and the bought amount will be automatically added to your Best Wallet portfolio.

12. OKX — Best Australian Exchange for Advanced Traders

The OKX exchange offers more than 350 cryptocurrencies, including top names like BTC, ETH, and SOL, as well as new but popular assets, such as LAYER. However, OKX excels in its range of trading features. These include trading bots to automate your trades around the clock and copy trading that lets you follow the moves of top traders on the platform.

OKX offers a clean yet full-featured trading platform combined with low fees (0.08% maker / 0.1% taker). Advanced traders will find all the tools they need, including market, limit, and stop loss/take profit orders, a self-custody wallet for access to dApps and DeFi platforms, and leverage of up to 125x.

However, while geared to advanced users, OKX offers several beginner-friendly tools to help less-experienced traders learn the platform. Chief amongst these is OKX’s demo trading platform, which lets you trade to your heart’s content without risking real money. Live trading follows the same interface, making the switch to actual trading familiar.

13. Coinbase Australia — Best Crypto Exchange Australia for Easy Onboarding

Coinbase has earned a reputation for providing a straightforward trading experience. In 2022, the exchange brought support for deposits in AUD, removing the need for additional transactions to reach a supported currency. Supported cryptos approach 450, including top assets like Bitcoin and Ethereum, as well as many newer cryptocurrencies like Hyperliquid, Bittensor, and more. Coinbase has prioritized easy onboarding for new users and crypto beginners. While trading fees are higher than many competing exchanges, ease of use and proven staying power earn the Coinbase exchange extra points. Depositing and withdrawing AUD is simple with PayID and deposits from your bank account are free.

Coinbase’s Simple Trades set the standard for user-friendliness, although fees can get pricey at up to 4%. By comparison, Advanced Trades offer lower fees – 0.6% limit orders and 0.8% market orders. The exchange also features an intuitive interface and provides an easier-to-use trading platform compared to competitors.

14. Bybit — Best AU Crypto Exchange for Derivatives Trading

Bybit is well-known for its crypto derivatives, including futures trading with up to 125x leverage. However, the platform offers low trading fees on both derivatives and spot trades. Base level fees for spot cost 0.1% for limit and market orders. Futures contracts come with low 0.0550% taker fees and 0.0200% maker fees. The platform also supports crypto options trading, a less common find among crypto exchanges.

In addition, Bybit provides a powerful set of trading tools, including AI-powered trading and an assortment of customizable trading bots that make trades on your behalf 24/7. Backtested performance helps you choose the best bot for your trading goals.

The platform also supports MetaTrader4, an advanced integration for power traders, and copy trading that lets you follow profitable traders on the platform move for move. You’ll find over 710 coins on Bybit, from major ones like Bitcoin and Ethereum to the best new meme coins on the market.

15. KuCoin — Best Australian Crypto Platform for Hard-to-Find Cryptocurrencies

KuCoin is a Seychelles-based exchange that offers over 930 cryptocurrencies for spot and derivatives trading, including niche tokens like Aergo, Helium, Phala Network, and many more. The exchange also has an excellent launchpad, KuCoin Spotlight, which ensures a steady flow of new cryptos. Like OKX and a few other top exchanges, KuCoin offers demo trading, a risk-free way to learn the ropes or test day trading strategies. The tool supports nearly all trading features the exchange has to offer, including various offer types and leverage, margin, and spot trading, ensuring real-life-like conditions.

KuCoin’s trading fees follow a volume-based schedule that keeps them low for “top cryptocurrencies” and “class A” cryptos, currently 0.1% for both maker and taker fees. Fees for less common cryptos increase to as high as 0.3%, although this level is still lower than fees on many exchanges.

16. CoinSpot — Best Australian Crypto Exchange for Regulatory Compliance

As Australia’s largest crypto exchange, CoinSpot enjoys a loyal customer base bolstered by итс dedication to customer service. The platform offers 24/7 live support. As an Australian-based exchange, CoinSpot offers more ways to fund your account with AUD compared to other exchanges, including direct deposit, cash deposit, PayID, and BPAY.

In an industry where derivatives and advanced trading tools often complicate trading interfaces, CoinSpot offers a welcome simplicity. This, combined with the platform’s compliance with Australian regulatory requirements, makes it an excellent option for traders who value simplicity and security.

CoinSpot also offers a way to diversify your portfolio with “bundles,” a one-click method of automatically diversifying your crypto portfolio. You can buy a 50-50 split of BTC and ETH, a top-ten selection of leading cryptos, or other curated bundles.

17. Pionex — Best Australia Crypto Platform for Trading Bots

Established in 2019, Pionex is a global crypto exchange with over a million registered users, handling over half a billion dollars in daily trading volume. It’s recognized for its extensive range of AI trading bots, providing an automated platform with many free built-in options. The platform charges competitive fees for spot and futures trading, with maker and taker fees starting at 0.05%.

Pionex is ideal for crypto traders looking to automate their trading using bots and those looking for different crypto-earning features. Its wide range of trading bots, high liquidity, low trading fees, and mobile app support make it a reliable platform for beginners and professionals.

The platform offers high-yield trading techniques and steady returns through its wealth management services and institutional-level products. Pionex is registered in the British Virgin Islands and holds various licenses, including a virtual asset service provider license in Ireland and money services business licenses in the US.

What Is a Crypto Exchange?

A crypto exchange typically serves as an onramp and offramp for crypto transactions with fiat currencies. In simple terms, exchanges offer a way to buy cryptocurrencies with AUD or sell cryptocurrencies for AUD. However, exchanges often also enable users to trade one cryptocurrency for another or even buy non-fungible tokens (NFTs).

Advanced trading platforms provide additional features, often including perpetual futures or crypto options trading. Many advanced exchanges focus on trading tools, offering little support for fiat deposits. These exchanges may be best suited to users who already have crypto assets they want to trade.

Different Types of Crypto Exchanges in Australia

Crypto exchanges serve different markets and trader goals. As a result, different types of platforms have evolved to service specific trading needs. In many cases, you’ll find overlap, however, particularly with spot exchanges and futures exchanges.

Are Crypto Exchanges Safe?

Common wisdom dictates that the safest way to use a crypto exchange is to make your trade and then remove your funds or crypto assets from the platform. However, if you’ve connected a payment method, this in-and-out strategy offers only a partial solution. A platform breach or account hack could still allow someone to buy cryptocurrencies with your account and transfer the crypto elsewhere. Crypto exchanges come with pros and cons, but also require user actions to transact in the safest way. Potential risks can affect the exchange itself, ultimately affecting users.

On the other hand, exchanges offer a way to gain exposure to the most dynamic asset class of the past decade-plus. By using exchanges as a trading platform and storing your crypto in a self-custody crypto wallet between trades, you can greatly reduce exchange-related risks.

How to Choose a Cryptocurrency Exchange in Australia

Crypto exchanges often cater to specific types of traders. Not every exchange will be a fit for the way you trade and your investment goals. Here are some aspects to consider when choosing a crypto exchange for your needs.

Security

Research the security measures of the exchange you’re considering before you open an account, add a payment method, or transfer cryptocurrency. Ideally, exchanges offer two-factor authentication to protect access to your account. Also, look at whether the exchange uses cold storage — and what percentage of assets are protected in crypto wallets that are not connected to the internet in any way. Sites like Coingecko offer exchange ratings, using TrustScores or similar tools to weigh various security factors.

Educational Resources

Several of the platforms reviewed above offer learning centers, training videos, or even demo trading to help newer traders learn the ropes before they invest real money in trades. Spend some time on the exchanges you’re considering to be certain the educational resources available fit the way you learn.

Available Coins

Nearly every exchange offers market leaders like BTC and ETH. However, if you want to invest in lesser-known cryptocurrencies, you may need to find an exchange with a larger offering or an exchange that specializes in newly launched cryptocurrencies.

Trading Volume

The Trading volume on exchanges affects trading prices. Spreads, the difference between the asking price on sell prices and the asking price on buy orders, can be much wider on low-volume exchanges or on thinly traded assets. Ideally, look for platforms that offer healthy liquidity for the assets you want to trade.

Accessibility

Only a handful of the exchanges available to Australian crypto traders provide direct AUD deposits. Many platforms only offer AUD purchases through third-party providers, often with additional fees. Alternatively, you may need to fund your account with crypto purchased elsewhere, again adding to trading costs. This consideration alone could be a pass-or-fail criterion if you need to fund your account easily.

FAQs