Choosing the right crypto exchange in Australia is more than just convenience—it's about security, cost-efficiency, and long-term trust. With over 30+ platforms evaluated for more than 119 hours, this guide delivers a curated list of the top 8 crypto exchanges that stand out in 2025 for Australian traders. Whether you're a beginner looking for simplicity or an advanced trader seeking deep liquidity and powerful tools, this comprehensive review covers everything you need to know—from fees and security to supported coins and local banking integration.
Why Trust This Review?
Every platform featured has been tested for usability, regulatory compliance, transaction speed, fee structure, and customer support. The focus is on security, user experience, and value for Australians—ensuring you avoid scams, high costs, or poor service. We prioritize exchanges registered with AUSTRAC, offering AUD banking options like PayID and Osko, and supporting local payment methods.
👉 Discover the most secure and user-friendly crypto exchange for Australian traders today.
Top Crypto Exchanges in Australia: Our Picks
1. Uphold – Best for Multi-Asset Trading
Uphold stands as our Editor’s Choice for its unmatched versatility and transparency. With over 10 million users across 184 countries, it supports 250+ cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP, and even precious metals like gold and silver—all tradable in AUD.
Key Features:
- 100% Reserve Model: Real-time asset and liability updates every 30 seconds.
- Multi-Asset Support: Trade crypto, fiat, and commodities seamlessly.
- Recurring Buys: Set up dollar-cost averaging with automatic purchases.
- Advanced Orders: Take profit and trailing stop-loss features available.
- Uphold Card (UK only): Spend crypto globally (currently limited to UK residents).
Pros:
- Beginner-friendly interface
- Transparent fee model
- Instant transfers between Uphold accounts via email
- High liquidity across major assets
Cons:
- Limited charting tools for technical analysis
Trading Fees:
- Maker fee: 0.5%
- Taker fee: 1.0%
- Deposit fees: 3.99% on card payments (Apple Pay, Google Pay)
- Withdrawals: Free (except $1.75% for debit card withdrawals)
- Minimum trade: $1
Uphold excels at blending simplicity with powerful functionality—ideal for both new investors and experienced traders wanting diversified portfolios.
2. Zengo – Most Secure Non-Custodial Wallet
Zengo redefines security by eliminating private keys through MPC (Multi-Party Computation) technology combined with biometric authentication (FaceLock). This makes it one of the safest non-custodial wallets available, especially for those worried about losing seed phrases.
Key Features:
- Seedless Security: No recovery phrase to lose or steal.
- 3FA (Three-Factor Authentication): Device + biometrics + cloud backup.
- Direct AUD On-Ramps: Buy BTC, ETH, USDT using Visa, Mastercard, Apple Pay, or instant bank transfer.
- Staking Support: One-tap staking for ETH and XTZ with up to 4% APY.
- Web3 Firewall (Zengo Pro): Blocks malicious smart contract interactions.
Pros:
- Zero history of hacked wallets
- 24/7 in-app human support
- Easy wallet recovery without seed phrases
- Supports 380+ assets
Cons:
- Fewer altcoins compared to larger exchanges
Trading Fees:
- Free to use (Zengo Essentials)
- Minimum purchase: ~$50 (varies by provider)
- No signup bonus
Zengo is perfect for users who prioritize security first without sacrificing ease of use.
👉 Secure your crypto assets with a leading-edge wallet trusted by millions.
3. Kraken – Best Full-Featured Exchange for Australians
Kraken is a globally respected exchange with strong local presence. Fully compliant with AUSTRAC, it offers seamless AUD deposits via PayID and Osko, advanced trading tools, and institutional-grade security.
Key Features:
- 200+ Cryptocurrencies: Including BTC, ETH, ADA, SOL
- Kraken Pro Platform: Advanced charts, margin trading, futures
- Staking Rewards: Earn passive income on multiple assets
- Fiat Support: AUD, USD, EUR
- Future Expansion: Commission-free U.S. stock and ETF trading coming soon
Pros:
- Regulated and transparent operations
- Free and instant AUD deposits/withdrawals
- Excellent security with cold storage and 2FA
- 24/7 customer support with local focus
Cons:
- KYC required for full access
Trading Fees:
- Starts at 0.16% maker / 0.26% taker
- Volume discounts available
- No fees on AUD deposits or withdrawals
Kraken strikes the ideal balance between powerful tools and regulatory trust, making it a top pick for serious traders.
4. Binance – Best for Liquidity & Advanced Tools
Binance dominates globally—and in Australia—with over 350 supported cryptocurrencies, deep liquidity, and a feature-rich platform catering to all levels of traders.
Key Features:
- P2P Trading: Trade directly with other Australians using PayID or Revolut
- Dual App Modes: Lite (beginner) and Pro (advanced)
- Margin & Futures Trading: Cross and Isolated Margin options
- Binance Earn: Stake or save to generate yield
- TradingView Integration: Advanced charting and technical analysis
- SAFU Fund: Insurance pool to protect users in case of breaches
Pros:
- Zero fees on AUD deposits via PayID/Osko
- Competitive trading fees starting at 0.10%
- Educational content via Binance Academy
- High liquidity ensures fast order execution
Cons:
- Interface can be overwhelming for beginners
Trading Fees:
- Spot trading from 0.10%
- Fee reductions using BNB
- Free AUD withdrawals via bank transfer
Binance is ideal for active traders who want access to every tool and coin imaginable.
5. ChangeNow – Best for Instant & Private Swaps
ChangeNow is a non-custodial exchange focused on fast, private crypto-to-crypto swaps—no account needed.
Key Features:
- No Registration Required
- 50,000+ Trading Pairs
- DeFi-Based Infrastructure
- Supports fiat purchases in 50 currencies via Simplex
- Partnerships with Ledger, Trezor, Trust Wallet
Pros:
- Truly anonymous transactions (no KYC under threshold)
- Fixed and floating rate options
- Mobile-friendly design
- Up to $2 million daily swap limit when verified
Cons:
- Cannot convert crypto to fiat
- Large swaps require verification
Trading Fees:
- From 0.5% per transaction
- Minimal $2 deposit
- Network fees apply on withdrawals
Perfect for quick swaps without signing up—great for privacy-focused users.
6. DigitalSurge – Best for Portfolio Management with Expert Support
DigitalSurge offers a streamlined experience for Australian users, combining low fees with expert guidance and interest-bearing accounts.
Key Features:
- 350+ Cryptocurrencies
- Free AUD deposits/withdrawals via POLi and PayID
- Interest on up to 13 assets
- BPAY bill payments using crypto (auto converts to AUD)
Pros:
- Beginner-friendly guides
- Price alerts customization
- Cold + hot wallet security
- $10 signup bonus
Cons:
- Not available outside Australia
- Lacks advanced trading markets
Trading Fees:
- Flat 0.5% commission
- $1 minimum deposit
- No withdrawal fees
Ideal for locals who want simplicity and support in one place.
7. CoinSpot – Best for Bundles & NFT Access
CoinSpot is one of Australia’s most popular exchanges, known for its beginner-friendly design and unique crypto bundles.
Key Features:
- 500+ Coins Supported
- In-house NFT marketplace
- Customizable security settings
- MasterCard integration for spending crypto
Pros:
- ISO 27001 certified security
- Earn interest on 21 coins
- Free bank withdrawals
- Fast live chat support (<30 seconds response)
Cons:
- Higher fees than competitors
- No P2P or margin trading
Trading Fees:
- Instant buy: 1%
- Market order: 0.1%
- Card deposit fee: 1.88%
A solid choice for newcomers exploring NFTs and diversified portfolios.
8. Coinstash – Best for Wide Range of Local Deposit Methods
Coinstash shines with its extensive support for Australian banking options and regulatory compliance.
Key Features:
- 1,000+ Cryptocurrencies
- AUSTRAC & AFSL regulated
- Coinstash Bundles for automated investing
- DeFi access and staking through "Coinstash Earn"
Pros:
- Supports Osko, PayID, BPAY, POLi
- Free deposits/withdrawals
- Mandatory 2FA enhances security
- $10 sign-up bonus
Cons:
- AUD-only fiat transactions
- Limited international availability
Trading Fees:
- Flat 0.85% trading fee
- $1 minimum deposit
- No withdrawal limits
Great for Australians who want maximum flexibility in funding their accounts.
Frequently Asked Questions (FAQ)
Q: Are crypto exchanges legal in Australia?
Yes, cryptocurrency exchanges are legal in Australia if they are registered with AUSTRAC. Always verify a platform’s compliance before depositing funds.
Q: Do I need to pay tax on crypto trades in Australia?
Yes. The ATO treats cryptocurrency as property for capital gains tax (CGT) purposes. All trades, sales, or disposals must be reported.
Q: Which exchange has the lowest fees?
Binance offers some of the lowest spot trading fees starting at 0.10%, while Kraken and DigitalSurge provide free AUD deposits and withdrawals.
Q: Can I buy crypto with a credit card in Australia?
Yes—most top exchanges like Uphold, Zengo, CoinSpot, and Binance support credit card purchases using Visa, Mastercard, or Apple Pay.
Q: What’s the safest way to store crypto?
Use a combination of cold wallets (hardware) for long-term storage and secure non-custodial apps like Zengo for daily use.
Q: Is KYC mandatory on all exchanges?
Most regulated platforms require KYC verification to comply with anti-money laundering laws, especially for withdrawals over certain thresholds.
Final Verdict: Which Crypto Exchange Should You Choose?
| Use Case | Recommended Exchange |
|---|---|
| Best Overall | Uphold |
| Maximum Security | Zengo |
| Advanced Trading | Kraken or Binance |
| Quick & Private Swaps | ChangeNow |
| Local Banking Focus | Coinstash or DigitalSurge |
| Beginners & NFTs | CoinSpot |
Regardless of your goals—whether you’re dollar-cost averaging into Bitcoin or actively trading altcoins—Australia offers secure, compliant platforms tailored to your needs.
👉 Start your secure crypto journey with a trusted global platform today.