10 Best Australian Crypto Exchanges in 2025

Most of the best crypto exchanges in Australia have multiple licenses. If you want to buy cryptocurrencies, chances are you need a safe option. You might have heard of a few of them, but don’t know why they are preferred. Every Australian crypto Exchange that made our list was evaluated on key criteria like transparency, security, customer service quality, and user experience.

In addition to presenting you with the best crypto platforms in Australia, this article will also show you what to look for when choosing the best exchange for your particular needs. We will also discuss crypto taxation in Australia and even provide you with step-by-step instructions on joining a crypto exchange in five easy steps.

Key Takeaways

• The best crypto exchanges in Australia are eToro, TimeX, Coinspot, MEXC, LBank, Bitget, CEX.io, Kraken, and Binance.
• To give yourself the best chance of succeeding as a crypto trader, you need to find the ideal crypto exchange for your needs.
• Licensed exchanges are regulated by the financial authorities and are more likely to operate transparently and reliably.
• As even the best crypto exchanges offer limited insurance coverage, it is important you use a platform with advanced security measures.
• In order to be able to trade quickly, efficiently, and at the best price, you need to use a platform with high liquidity.
• Trading fees are another factor that can diminish your profitability, so try to join a platform that charges reasonably.
• Mobile crypto apps can improve your security and connectivity, so try to use them for your trading purposes.

The Best Crypto Exchange in Australia are..

Some of the best Australian crypto exchanges in 2025 include some hidden gems in the Australian market that you are not yet familiar with. They made the list because of their great customer service and high security measures.

Compare Australian Crypto Exchanges

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Our recommendations are the result of thorough research, community feedback, and hands-on testing of each platform’s features, fees, and overall performance. They are curated by our in-house experts, seasoned in fields such as finance, blockchain technology, and cybersecurity.

How to Choose a Good Crypto Trading Platform in Australia?

Choosing the best crypto exchange is one of the most important decisions you need to make as a crypto trader because it is a choice that can impact your overall trading experience.

On the right exchange, you will feel comfortable, safe, and have all the necessary tools and features to make informed decisions about your trading. A bad exchange, on the other hand, can charge you unreasonable fees, fail to secure your assets, or even steal your money and disappear without a trace.

To find the best Australian crypto exchange that will provide you with a safe trading environment and support your trading strategy, you need to focus your research on several key areas:

• License & Regulation Compliance
• AUD Payments
• High Standard Security
• Minimal Trading Fees
• High Liquidity
• Modern Trading Software
• 24/7 Customer Support
• Large Choice of Crypto Assets
• Any Kind of Insurance
• Reputation and History

Let’s see why these qualities play such an important role in your choice and how each one of them can affect your trading experience.

License & Regulation Compliance

Unlike bitcoin mining or joining one of the best mining pools, in which license and regulation compliance isn't a core requirement, when choosing a crypto exchange, you need to know that the exchange has gained operational licenses either within your country or in other tier 1 countries of the world.

One of the best ways to separate the trustworthy from the questionable crypto trading platforms is to check their licensing and regulatory status.

Crypto licenses are stamps of approval issued by the financial authorities. These permits are not handed out lightly, but are granted only to platforms that follow the rules and meet certain standards and regulatory requirements.

In other words, for any platform to be considered the best crypto trading platform in Australia, holding a crypto license is a clear sign of transparency and reliability.

While there are some unregulated crypto exchanges that may seem like a good choice, trading on them is very risky, as these platforms don’t answer to the Australian authorities.

AUD Payments

While there are many fiat-friendly crypto exchanges, the best way to buy crypto in Australia is to do so by using the local currency, the AUD. It not only makes the process more convenient, but it also allows you to save money you’d otherwise spend on currency conversion fees.

For this reason, you should make sure you only look at crypto exchanges that support direct AUD deposits when choosing the ideal platform for your trading needs.

What’s more, exchanges that support AUD are more likely to accept payments with Australian banks and other payment methods popular in this region, such as POLi, BPAY, and PayID.

High Standard Security

For many traders, finding the safest crypto exchange in Australia equates to finding the best crypto trading platform. While we believe there are several key factors, it is easy to see where they’re coming from, as security is, for sure, one of the most critical considerations.

Crypto exchanges that take security seriously provide their users with a number of advanced security features, including:

• Two-factor authentication
• Biometric verification
• Security key integration
• Withdrawals whitelisting
• Anti-phishing mechanisms
• Options for cold storage

When utilized properly, the combination of the above measures can drastically improve your account’s resilience to hacking and phishing attempts, so be sure to take them into account when making your choice.

Minimal Trading Fees

For another large portion of traders, the exchange with the lowest fees is equivalent to the best cryptocurrency exchange in Australia. This is also an understandable sentiment, as trading fees can really eat away at profits, especially for active traders who trade on a daily basis.

However, evaluating the exchanges’ affordability can be a bit tricky because different platforms use different pricing methods and fee structures to charge their users.

For example, some exchanges offer very low trading fees but compensate for them by charging withdrawal fees. Others omit the withdrawal fees completely, but charge slightly higher trading fees instead. So, it is important you review the full fee schedules when making comparisons.

To make things even more complicated, crypto exchanges don’t use a single, standardized fee structure. Some charge flat fees, others use tiered structures, some rely on the taker/maker model, etc.

For this reason, you need to take all variables into account and weigh them against the way that you like to trade, instead of simply going for the lowest numbers.

High Liquidity

Liquidity is one of the most important factors to look at when choosing a crypto exchange. The term liquidity refers to the ease with which an exchange can fill orders at the market price. Not every exchange has the same liquidity:

• Highly liquid exchanges have the necessary active user participation and trading volume to execute trades quickly and at the desired price.
• Exchanges with low liquidity lack the necessary trading volume to fill orders efficiently. To account for insufficient user participation, these platforms may delay the trade’s execution until a matching order is found or execute the trade at a worse price.

As a result, finding a highly liquid platform should be a top priority when deciding which of the crypto exchanges in Australia you should join for your trading needs.

Modern Trading Software

The platform’s trading software is another key consideration that can have a big impact on your choice. The exchange you decide to go for should pack plenty of features, but still be easy to use for traders of all experience levels.

When evaluating trading software, try to focus on practical details like:

• Its user interface and whether or not it presents information clearly and effectively
• Its design and whether or not it is intuitive and easy to use
• Its tracking and monitoring capabilities, and whether it provides sufficient real-time data, charting tools, and performance indicators.
• Its execution speed and reliability, as well as the order types it supports
• Its customization options and whether it allows you to personalize dashboards, watchlists, and other elements to your preference.

In summary, the best cryptocurrency trading platform in Australia will not merely allow you to trade but give you all the necessary tools you need to implement your trading strategy and improve your decision-making process.

24/7 Customer Support

While it is an often overlooked aspect, access to quality customer support is just as vital as all of the other factors we discussed. Especially when you consider the fact that all digital platforms can suffer from technical issues on occasion.

Dealing with delayed payments, stuck withdrawals, and other issues related to your funds can be a very frustrating experience. To make matters worse, these hiccups can sometimes lead to missed trading opportunities and even potential financial losses.

To save yourself the headache, be sure to join a platform that takes these matters seriously and has a dedicated customer support team available at all times, ready to assist you through multiple channels of communication.

Large Choice of Crypto Assets

The variety of cryptocurrencies it supports is another important factor you need to consider when choosing a crypto exchange. While you may not be interested in trading with a wide range of coins at the moment, you may develop new interests over time.

The best digital currency exchange in Australia should let you trade with all kinds of coins, including:

• Major coins like BTC and ETH
• Stablecoins like USDT and USDC
• Legacy altcoins like LTC, BCH, and BSV
• Popular altcoins like SOL, ADA, and DOT
• Coins with great utility like XRP, BNB, and AVAX
• Coins essential for DeFi like AAVE, UNI, and DAI
• Meme coins like DOGE, SHIB, and PEPE

Having access to coins from all types and market segments can allow you to build a diversified portfolio that can benefit from different market trends. It can also give you the chance to take part in all kinds of DeFi activities and explore new and exciting projects.

Any Kind of Insurance

Financial regulators don’t view crypto exchanges as traditional financial institutions, so they don’t impose any insurance requirements on them. As such, most crypto exchanges don’t provide any sort of insurance to their users.

Only the best of the best crypto platforms maintain emergency funds and offer limited coverage in specific scenarios on their own accord. In other words, if you find an exchange with an insurance policy, that’s an indicator that it is one of the world’s best.

That said, we must point out that these insurance policies only cover losses that are the result of platform-wide breaches or other unfortunate events that the exchange itself is responsible for. Losses due to credentials mismanagement or individual breaches are usually not covered.

Reputation and History

In addition to evaluating the exchanges on the factors we mentioned above, you can also try to find out what other traders have to say about them. You can find plenty of user feedback on numerous review platforms, social media groups, and crypto forums.

Crypto enthusiasts are not shy to voice their concerns and complaints, and engaging in these discussions can give you access to valuable insights you may not be able to find elsewhere.

Furthermore, we also encourage you to dig a little deeper into the exchanges’ backgrounds and track records. Finding more information about their leadership history, any past controversies, or security incidents can help you assess whether the platform is trustworthy and stable.

Why Apps are Important for Australian Crypto Exchanges

Trading on mobile is another important aspect of the crypto experience that we didn’t get a chance to discuss in the earlier sections. Even if you are a user who primarily uses a desktop for your daily trading activities, we recommend you integrate a mobile app into your trading strategy. Some of the best crypto wallets also offer mobile apps (to show how important it is).

Mobile crypto apps are much more than mere extensions of desktop platforms and offer plenty of additional value through mobile-first features such as:

• Biometric verification that uses your device’s face scanning and fingerprint ID features
• Signing transactions by scanning QR codes using your device’s camera
• Setting up push notifications for events like price movements or trade execution
• The ability to monitor the market and capitalize on market shifts at any time

Overall, mobile-only features can enhance your security and connectivity. Fortunately, the mobile versions of the crypto exchanges we recommend make some of the best crypto apps in Australia, and you won’t have to conduct any additional research specifically for them.

How to Register on an Australian Crypto Exchange

Now that you know how to find the best crypto exchange in Australia, we thought it’d be a good idea to also show you how you can join the exchange once you find it. In the guide below, we broke down the whole process into five easy-to-follow, actionable steps:

Step 1 - Create an Account

1. Go to the exchange’s official website, or download its official mobile app from your device’s app store.
2. Tap or click on “Register”, “Sign Up”, or an equivalent.
3. Enter the required information and follow the onscreen instructions to complete your registration.

Step 2 - Activate Your Account

1. Most exchanges will want you to activate your account before they let you log in.
2. Go to your email inbox and look for an activation email sent by the exchange.
3. Tap or click on the confirmation link provided by the exchange to activate your account and then log in.

Step 3 - Verify Your Identity (KYC)

1. You will also need to let the exchange verify your identity before you can start making transactions.
2. Initiate the KYC verification process from the exchange.
3. Submit the documentation required for confirmation and await your approval.

Step 4 - Increase Your Account’s Security

1. Before you start trading, it is also a good idea to enable the features that can boost your security.
2. Go to the settings and enable the two-factor authentication feature.
3. From the mobile app, go to the settings and enable biometric verification.

Step 5 - Add Funds to Your Account

Deposit either cryptocurrencies or fiat currencies into your account to start trading. If you don’t know how to:

Here’s a guide on how to buy crypto with a credit card

With your identity verified and your account funded and secured, you are now ready to start trading cryptocurrencies.

Crypto Taxes in Australia - What You Need to Know

Having explored the best crypto exchanges in Australia at length, there is one last important topic we’d like to address, and that’s crypto taxation.

The Australian Taxation Office classifies cryptocurrencies as property for taxation purposes and subjects Australian crypto traders to both capital gains tax and ordinary income tax, depending on the crypto activity they engage in. Below, you can find a table that breaks down some of the most common crypto activities and the tax obligations they can trigger.

On May 19th, the Australian Financial Review (AFR) reported that Australian Judge, Michael O’Connell, ruled that Bitcoin qualifies as a form of money, not property, which could exempt BTC transactions from capital gains tax.

According to estimates, tax refunds could reach $640 million. However, the case hasn’t been published, and the Australian Taxation Office (ATO) hasn’t commented, but many expect it will launch an appeal against the ruling.

The ruling was made by a single judge in a criminal trial. For it to become a precedent, the ATO must uphold the verdict and update its regulations. Australian investors will need to wait and see how the case plays out before they can remove Bitcoin transactions from their tax bills.

Failing to meet your crypto tax obligations can result in hefty penalties, so we strongly recommend you make sure you understand and comply with them.

How to File Taxes on Crypto in Australia

Now that you know the basics of crypto taxation in Australia, let’s see how you can go about filing your taxes. The instructions below can guide you through the process:

Collect your crypto transactions

1. Log in to every single crypto platform you used this tax year (exchanges, wallets)
2. Navigate and download your transaction histories from them

Organize your transactions

1. Once you have all your transactions, classify them into three groups:
2. Not taxable
3. Subject to income tax
4. Subject to CGT

Calculate your crypto income and gains

1. Add up all the transactions subject to the income rate and determine their total
2. Using the transactions classified as subject to CGT, determine your total gains for this tax year
3. Using a crypto tax calculator can make this process much easier

Calculate your taxes

1. Using your marginal income tax rate
2. Determine how much tax you need to pay on your crypto income
3. Determine how much tax you need to pay on crypto gains (remember, assets held for over 12 months may get a 50% discount)

File your taxes

1. Go to the ATO myTax portal and log in with your credentials
2. File your taxes by:
3. Reporting your crypto income under “Other Income”
4. Reporting your capital gains or losses under the “Capital Gains” section

If you need additional help with filing taxes or have any other questions or concerns related to crypto taxation, don’t hesitate to consult with a professional tax advisor.

What makes Australian Crypto Exchanges Different?

The difference in financial regulations and compliance makes it somewhat challenging to obtain an Australian operational license for crypto exchanges. As a final thought, we’d like to point out that there’s no one-size-fits-all answer when it comes to choosing a crypto exchange. Ultimately, the best Australian crypto exchange is the platform that will best suit your particular needs and allow you to trade with confidence.

So, instead of settling on an exchange because it is a popular option, we encourage you to try out multiple platforms in practice before you make your final decision.

Joining a crypto exchange makes buying Bitcoin, Ethereum, Solana, Cardano, and even BNB easy. It is also free of charge and doesn’t require you to commit any funds until you’re ready to start trading. So you can feel free to experiment and test as many platforms as you want.

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