10 Best Crypto Exchanges & Apps in Australia June 2025

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The Australian cryptocurrency landscape in 2025 offers a diverse and competitive range of platforms for buying, selling, and trading digital assets. With increasing adoption and regulatory clarity, local investors now have access to both homegrown exchanges and global platforms with strong Australian support. Whether you're a beginner looking for a user-friendly interface or an advanced trader seeking low fees and deep liquidity, this guide covers the top crypto exchanges tailored to Australian users.

We’ve evaluated each platform based on security, regulatory compliance, supported payment methods, trading fees, coin selection, customer support, and user experience to help you make an informed decision.

What to Look for in an Australian Crypto Exchange

Choosing the right exchange involves more than just low fees. Here are the key factors every Australian investor should consider:

Regulatory Compliance and Security

All legitimate crypto exchanges operating in Australia must be registered with AUSTRAC (Australian Transaction Reports and Analysis Centre) and comply with AML/CTF (Anti-Money Laundering and Counter-Terrorism Financing) regulations. Look for platforms that implement two-factor authentication (2FA), cold storage for funds, anti-phishing codes, and third-party security audits.

Supported Payment Methods

Convenience matters. The best exchanges support bank transfers, PayID, POLi, BPAY, credit/debit cards, and Apple/Google Pay. Instant AUD deposits via PayID or OSKO can significantly improve your trading experience.

Trading Fees and Costs

Compare trading fees, withdrawal charges, and network costs. Some platforms offer zero trading fees for high-volume traders or discounted rates when using native tokens. Always factor in hidden costs like foreign exchange fees on AUD deposits.

Coin Selection and Trading Features

From Bitcoin and Ethereum to emerging altcoins, the breadth of available assets varies widely. Beginners may prefer simple spot trading, while experienced users might want margin trading, futures, or staking options.

👉 Discover a platform with advanced trading tools and low fees for Australian users.

Top 10 Crypto Exchanges in Australia – June 2025

1. Coinstash – Best Local Exchange for Altcoins

Coinstash stands out as a fully Australian-owned exchange headquartered in Queensland. Founded in 2017, it has built a strong reputation for security and seamless banking integration.

A key innovation is its DeFi Connector, which allows users to access over 680 cryptocurrencies from decentralized exchanges while transacting in AUD. This eliminates the need for complex wallet setups or direct blockchain interactions.

Security is reinforced through Fireblocks, a leading digital asset infrastructure provider that ensures zero counter-party risk and multi-layered protection.

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👉 Explore an exchange offering wide altcoin access and AUD integration.

2. CoinSpot – Most Trusted Australian Exchange

With over 2.5 million users, CoinSpot is one of Australia’s most established crypto platforms. Founded in 2013, it offers more than 370 cryptocurrencies and a clean, beginner-friendly interface.

CoinSpot excels in accessibility, offering a mobile app, educational resources, and responsive customer support. It also allows users to earn interest on select coins through its “Earn” program.

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3. OKX – Global Powerhouse with Australian Support

OKX delivers a robust trading experience with over 350 cryptocurrencies and advanced features like futures, spot trading, and NFT markets. The platform offers three app modes—Lite (beginner), Pro (advanced), and Web3 (NFT-focused)—catering to all user levels.

Despite being a global exchange, OKX complies with Australian regulations and supports local payment methods.

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4. eToro – Best All-in-One Investment App

eToro is ideal for investors who want to trade crypto alongside stocks, ETFs, and commodities. Its standout feature is CopyTrading, which lets users automatically mirror the trades of experienced investors.

Regulated by ASIC and other global bodies, eToro prioritizes security and transparency.

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5. Bybit – Best for Advanced Traders

Bybit is a top choice for experienced traders seeking high-performance tools. It offers real-time charting, order book depth, price alerts, and margin trading with up to 100x leverage.

While not all features are available to Australian users due to regulatory restrictions, the platform remains popular for its speed and reliability.

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6. Independent Reserve – Secure Local Exchange

Founded in Australia, Independent Reserve emphasizes security and compliance. It holds ISO 27001 certification and stores most funds in cold storage.

The platform supports one-click crypto purchases and offers competitive fees for spot trading.

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7. CoinJar – Simple Entry Point for Beginners

CoinJar is one of Australia’s oldest crypto exchanges, known for its simplicity and reliability. Based in Melbourne, it supports over 65 cryptocurrencies and allows direct purchases via Apple Pay and Google Pay.

CoinJar Exchange offers lower fees (0–0.1%) compared to its main app.

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8. Crypto.com – Best for Beginners & Card Holders

Crypto.com offers a mobile-first experience with support for over 200 cryptocurrencies, including the AUD-backed stablecoin TAUD.

Its ecosystem includes the popular Crypto.com Visa Card, which offers cashback rewards in crypto.

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9. Kraken – Best for High-Volume Traders

Kraken is renowned for its security and advanced trading features. With a daily trading volume exceeding $500 million, it offers excellent liquidity.

The platform uses a tiered fee structure—high-volume traders can enjoy near-zero fees.

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10. KuCoin – Best for Altcoin Enthusiasts

KuCoin lists over 700 cryptocurrencies, making it ideal for traders seeking niche or emerging tokens. It also offers free crypto trading bots, margin trading, futures, and staking.

While it doesn’t support fiat withdrawals, it remains a favorite among experienced users.

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Frequently Asked Questions (FAQ)

Is cryptocurrency legal in Australia?

Yes, cryptocurrency is legal in Australia. The Australian Taxation Office (ATO) treats crypto as property for tax purposes, and exchanges must register with AUSTRAC.

How are crypto gains taxed in Australia?

Crypto transactions are subject to Capital Gains Tax (CGT). If you hold assets for over 12 months, you may qualify for a 50% discount on capital gains.

Do I need to report crypto transactions?

Yes. Every purchase, sale, trade, or use of crypto must be recorded with the date, AUD value, purpose, and counterparty details. Use tax software or consult a specialist accountant.

Can I use PayPal to buy crypto in Australia?

Yes—platforms like CoinSpot, eToro, and Crypto.com allow PayPal deposits for purchasing cryptocurrency.

What is the safest way to store crypto?

Use a combination of exchange wallets for active trading and hardware wallets (like Ledger or Trezor) for long-term storage.

Are global exchanges safe for Australians?

Yes—many global platforms operate through AUSTRAC-registered subsidiaries (e.g., Binance Australia). Always verify local compliance before depositing funds.

Final Thoughts

The best crypto exchange for you depends on your goals: beginners may prefer CoinSpot or CoinJar for simplicity, while advanced traders might choose Kraken or OKX for performance. Local platforms offer strong compliance and AUD support, while global exchanges provide broader features.

No matter your choice, always practice good security habits—enable 2FA, use strong passwords, and keep detailed records for tax compliance.

👉 Compare top platforms with low fees and strong security today.