Crypto exchanges

Compare crypto exchange fees, tradable assets, and bonuses for signing up.

By   |   Verified by David Boyd   |   Updated 28th November 2022

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Comparing crypto exchanges

Binance Australia

On website

Highlights

  • Sign up on Binance Australia to get a 100 USDT cashback voucher. Terms and Conditions apply.
  • World's largest crypto exchanges.
  • Buy, sell, trade, and stake 1,000s of crypto coins and trading pairs.
  • Zero-fee deposit via PayID or Osko from Australia.

Pros

  • It has some of the lowest trading fees out there. 0.1% for spot trading and 0.5% for instant buy or sell fees.
  • Credit card or debit card deposits are accepted.
  • Provides charting and trading tools suitable for advanced crypto traders.

Cons

  • The platform UI can be complicated to learn for new investors.
Swyftx

On website

Highlights

  • Receive $10 worth of BTC when you sign up and verify your account.
  • Trade over 300 assets on Swyftx including Bitcoin, Ethereum, Ripple and Litecoin as well as DeFi coins such as UniCoin.
  • Deposit or withdraw funds from your account using several payment methods (PayID, OSKI, POLi or bank transfers).
  • New to Crypto? Try Swyftx's demo mode, it allows you to mock trade with no financial risk while you learn the ropes of crypto trading.

Pros

  • Trade more than 300 crypto assets through the Swyftx platform.
  • Offers tight spreads and low trading fees.
  • Get support within 5 minutes through their live chat.
  • Practice trading with a demo mode.

Cons

  • Lacks access to advanced trading markets.
eToro Crypto

On website

Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.

Highlights

  • Access thousands of assets across multiple categories.
  • Copy trades of popular investors that trade Crypto.
  • Access powerful analysis tools and innovative social features.

Pros

  • The user-friendly website and app make it easy to trade from anywhere.
  • Trade Bitcoin, Ethereum, and 60+ other crypto assets.
  • With its CopyTrader feature, you can replicate the moves of other investors.
  • Start trading with just $10.

Cons

  • There is a 1% fee that is added to the market price.
  • Other exchanges have more selections of crypto coins and tokens.
CoinSpot

On website

Highlights

  • Buy Bitcoin, Ethereum, XRP and over 370 other digital currencies.
  • Refer a friend and earn $10 BTC.
  • Get 24/7 helpdesk support.

Pros

  • Trade for only 0.1% and withdraw in AUD for free.
  • Multiple deposit options.
  • Access CoinSpot NFT Marketplace.
  • CoinSpot is regulated by AUSTRAC and is ISO certified

Cons

  • Margin trading is not available.
Luno

On website

Apply by 31 October 2023

Luno

Highlights

  • Use the promo code FINTYLUNO to get AUD $30 worth of BTC when you buy AUD $30 worth of any crypto. Valid for new Luno users in Australia only via buy. Terms and Conditions apply.
  • Buy crypto on schedule with Luno's Repeat Buy feature to automate your investments.
  • Fast deposits and withdrawals.
  • Offers low transaction fees.

Pros

  • Simple and easy to use.
  • Invest from as little as $5.
  • Earn up to 7.6% with Luno Savings.
  • Mobile apps.

Cons

  • Only 10 cryptocurrencies are available as of now.
Cointree

On website

Highlights

  • Buy, sell and trade on Australia’s best crypto exchange - Get free $10 BTC after verification. Just use promo code 10BTC.
  • Secure, Safe & Easy - Trade 280+ cryptocurrencies, including Bitcoin, Ethereum, Ripple and Dogecoin
  • Crypto investing for your SMSF with detailed ATO compliant reporting – Get started in 5 minutes

Pros

  • Cointree has competitive fees for quick buys and sells.
  • You can view and copy the portfolios of recently successful traders.
  • Fast and easy trading with the Cointree app.
  • Get customer support 24/7.

Cons

  • Account verification may take up to 48 hours.
CoinJar

On website

Highlights

  • Trading fees are 0% - 0.1% on CoinJar Exchange and 1% on CoinJar.com and mobile apps.
  • Trade over 50 cryptocurrencies including Bitcoin, Ethereum, Ripple, Shiba Inu, Dogecoin, Solana, and Cardano.
  • Free AUD deposits and withdrawals (PayID, OSKO, or bank transfers), 2% fee on credit/debit card crypto purchases.
  • Earn CoinJar Rewards when you spend your crypto with a CoinJar Card. Free to activate, no monthly charges.

Pros

  • Extremely user-friendly interface.
  • You can use a credit card or debit card to buy crypto.
  • Has a competitive fee structure.

Cons

  • Limited crypto tokens to trade compared to other platforms.
Coinstash

On website

Highlights

  • Offers more than 1,000+ cryptocurrencies.
  • Very competitive 0.85% trading fee.
  • Registered digital currency exchange under AFSL and AUSTRAC.

Pros

  • Safely buy and sell coins from the DeFi space directly on Coinstash
  • Coinstash has an intuitive and easy-to-use interface.
  • Some of its features include Automatic Purchase and Bundles.
  • Accepts BPAY, PayID, and Osko deposits.
  • Live chat is in place to give you instant support.

Cons

  • Deposits using a credit card are not available.
Independent Reserve

On website

Highlights

  • Instant deposits 24/7 via Osko/PayID.
  • Fee-free deposits are available. Trading fees from 0.5% down to 0.02%.
  • Invest in crypto for your SMSF and get detailed reporting for ATO compliance.

Pros

  • Automate your cryptocurrency trading strategy with Independent Reserve's AutoTrader feature.
  • Its built-in tax calculator makes it easier to file your tax return.
  • ISO certified and has an AUSTRAC license.

Cons

  • It has a limited number of supported coins compared to other exchanges.
Bybit

On website

Bybit

Highlights

  • Get a $20 welcome bonus and earn up to $4,150 USDT when you sign-up today.
  • Take advantage of Bybit's high leverage and competitive trading fees.
  • Copy trading is available.

Pros

  • Easy signup process.
  • The complimentary gifts when you meet the criteria.
  • Access to advanced trading tools.
  • 24/7 live chat support.

Cons

  • Limited number of trading pairs.
  • Not regulated.
Coinbase

On website

Finty may be compensated when you click on the link.

Highlights

  • Buy and sell popular digital currencies, keep track of them in one place.
  • Invest in cryptocurrency slowly over time by scheduling buys daily, weekly, or monthly.
  • Coinbase Australia is registered with AUSTRAC.

Pros

  • Get access to a wide variety of altcoins.
  • Start trading with as little as $2.
  • Advanced trading includes Market, Limit, Stop Limit, and Auction Mode orders.

Cons

  • Fees are higher compared to other exchanges.
Gemini Exchange

On website

Highlights

  • Gemini Exchange makes it simple to research the crypto market, buy bitcoin and other cryptos, and build a portfolio for the future of money.
  • Set recurring buys and dynamic price alerts.
  • All crypto held online in Gemini's exchange wallet is insured and it uses the best-in-industry cold storage coverage with leading insurance providers.

Pros

  • Suitable for both beginner and advanced traders.
  • Supports multiple fiats and cryptocurrencies.
  • You can earn interest on your cryptocurrency balances.
  • Its mobile apps are highly rated.

Cons

  • The fee structure can be expensive for both small trades and higher volume trades.
Crypto.com

On website

Highlights

  • Buy Bitcoin and 250+ cryptocurrencies with 20+ fiat currencies.
  • Earn up to 8.5% p.a. staking your crypto, and up to 14% p.a. for stablecoins.
  • Spend with the Crypto.com Visa Card and get up to 5% back.
  • Enjoy greater capital efficiency and lower margin requirements.

Pros

  • Get access to additional features including lending, borrowing, debit cards, and more.
  • Start trading with just $1.
  • Use your spot assets as collateral.
  • There is a USD 2,000 referral bonus.

Cons

  • Lack of educational resources.
Bitget

On website

Bitget

Highlights

  • Earn up to $4,163 in trading bonus & coupons when you sign-up and deposit funds in your account. Terms and Conditions apply.
  • Trade over 150 coins and tokens.
  • Main feature includes one-click copy trading
  • Licensed to operate in Australia, Canada, and the U.S. with 24/7 multilingual online support.

Pros

  • The generous sign-up bonus when you meet the criteria.
  • Low trading fees.
  • You can sign-up for a demo account.
  • Get help from their customer support 24/7.

Cons

  • Has a limited number of educational tools and references.
KuCoin

On website

Highlights

  • Safe and rapid Bitcoin purchase.
  • Multiple order types for all kinds of risk appetite.
  • Sign up and get a welcome gift.

Pros

  • Supports 600+ different coins.
  • Has low maker and taker fees, starting at 0.10%.
  • Opportunity to earn interest in your cryptocurrencies.

Cons

  • A limited choice of payment options is available.
Uphold Crypto

On website

Uphold Crypto

Highlights

  • Invest in 200+ digital currencies including the majors, altcoins, and stablecoins with 0% commission.
  • Ability to trade crypto against other assets like foreign currency and commodities.
  • Stake a range of coins with competitive yields.

Pros

  • Open an account in less than a minute.
  • Low deposit requirement and commission-free trading.
  • Option to trade fiat currencies and precious metals.

Cons

  • High spreads on low-liquidity assets.
AvaTrade Cryptocurrency

On website

AvaTrade Cryptocurrency

Highlights

  • Choose from a wide selection of crypto coins and tokens to trade directly through AvaTrade's platforms. No wallet is required.
  • Zero commissions and no bank fees on transactions.
  • Trade with a dedicated account manager.

Pros

  • Free deposit and withdrawal.
  • Provides trading videos and other educational resources.
  • Licensed and fully regulated broker in multiple countries

Cons

  • Slow withdrawal process.
Easy Crypto

On website

Easy Crypto

Highlights

  • Buy and sell instantly with Australia's fastest and safest crypto retailer.
  • Deliver to any wallet address or withdraw to your bank account in as little as 2 minutes.
  • Your funds are 100% guaranteed.

Pros

  • Simple and easy-to-navigate interface.
  • There is a wide range of cryptocurrencies available.
  • Includes tracker which shows your portfolio's performance.

Cons

  • High transaction fees compared to other exchanges.
Kraken

On website

Highlights

  • Get started with as little as $10.
  • Sign up today and buy 50+ cryptocurrencies in minutes.
  • Make easy deposits and withdrawals, measure your portfolio's performance and keep track of all of your crypto in one convenient place.

Pros

  • Large selection of tokens to trade.
  • Earn rewards by staking eligible assets.
  • Access to a range of educational materials.

Cons

  • Limited options to fund your account.
Youhodler

On website

Youhodler

Highlights

  • Exchange cryptocurrencies, fiat, and stablecoins.
  • Buy crypto with credit card, (Visa, Mastercard) and your SEPA bank account.
  • Open a crypto savings account or apply for a crypto loan

Pros

  • Offers good interest rates for stablecoins.
  • Features that include crypto loans, turbocharge and multi HODL.
  • You can withdraw funds anytime.

Cons

  • Relatively new compared to other exchanges.
Paxful

On website

Paxful

Highlights

  • Buy and sell digital currencies using over 350 different payment methods.
  • Supports peer-to-peer trading.
  • Get a full-featured, secure wallet app.

Pros

  • Multiple deposit options are available.
  • Low fees.
  • Free wallet.
  • Rewards program.

Cons

  • Limited number of coins.
PrimeXBT

On website

PrimeXBT

Highlights

  • Margin trade Bitcoin, S&P 500, Gold, EUR/USD and 100+ assets.
  • Copy leading trades on the platform and get same returns.
  • Buy Bitcoin, Ether and other major digital currencies using bank transfer or VISA/Mastercard.

Pros

  • Offers margin trading.
  • Low trading fees.
  • Earn up to 14% APY on the most popular crypto assets.

Cons

  • Spot trading is not available.
OKX

On website

OKX

Highlights

  • Convert over 30 local currencies into BTC, ETH, USDT or other cryptocurrencies in minutes using your credit card or other payment methods.
  • With available tools for beginners, advanced traders and institutions.
  • Earn high yield, access new tokens early, join OKX's mining pool or use your crypto assets for taking out a low interest loan.

Pros

  • Low trading fees.
  • Get access to hundreds of trading pairs.
  • Provides useful educational resources such as tutorials, trading ideas, and analysis.

Cons

  • There are some limitations to withdrawals.
MEXC Global

On website

MEXC Global

Highlights

  • Invest and trade 1,500+ cryptocurrencies.
  • Provides various services like Spot, ETF, Margin, OTC, Futures, PoS Staking, and more.
  • MEXC Global is a secure and reliable crypto trading platform.

Pros

  • Earn rewards and bonuses when you complete tasks.
  • Multiple account funding methods are available.
  • There is an option for demo trading.
  • Supports a wide range of fiat currencies.

Cons

  • No option for fiat withdrawal.
Bitstamp

Bitstamp

Highlights

  • Enjoy easy, fast and reliable crypto trading.
  • Use your credit or debit card to make a deposit and take advantage of low trading fees.
  • Offers advanced trading tools and 24/7 dedicated support.

Pros

  • User-friendly crypto exchange with low fees.
  • Bank-grade security & insurance.
  • Earn rewards.

Cons

  • Other exchanges offer more coin options.