Crypto Trading is very popular in every country nowadays but do you know that you need to open an account on a crypto exchange to enforce trading? That’s why today we are here to provide you with a complete overview of the best crypto exchange Australia.
The best way to choose a crypto exchange is to choose your priorities. Of course, we all want a safe and secure environment so that trading can be done without hassles. However, it is also essential to focus on fee structure, supported coins, customer services, etc.
If you are looking for the best crypto exchange Australia, don’t worry; here we have compiled the best crypto exchange Australia list.
Best Crypto Exchange in Australia
Here are the best crypto exchanges in Australia.
eToro is one of the best crypto exchanges in Australia, which is quite popular because of security and trust. The best thing about this platform is that it is authorized and regulated by the Australian Security and Investment Commission.
Users can buy and sell crypto assets without worrying about the company’s legitimacy. Users must register an account on the platform and submit all the required documents to get started. Then, users can deposit via an Australian credit/debit card or do it directly via an e-wallet such as Paypal.
The amount can also be deposited via Bank Transfer, where users have to pay a fee of just 0.5%, and the minimum deposit amount is $50. In addition, users will have the option to diversify their portfolio from more than 3000 commission-free stocks.
Crypto.com is another best crypto exchange Australia, offering users to trade in over 250 cryptocurrencies. It is popular because it is a user-friendly option for beginners. The platform has experienced exponential growth in the past two years and has increased the user base to 10 million registered users.
The platform allows users to trade on the mobile app for user’s convenience. However, users must pay a fee of 0.4% on either side of the trade, and the minimum deposit required is $20.
Users can also make free AUD deposits on the app and use the funds to buy crypto. The app also shows real-time data and price movements for the best crypto trading experience.
Coinspot is considered one of the best crypto exchange Australia that allows trading without any hassles. It is a perfect platform for beginners where users can create an account in just a few minutes and verify it to proceed further.
Once you have created the account, you can start trading, and the platform allows you to trade in more than 350 cryptocurrencies. Initially, Coinspot charges 1%, which is relatively competitive.
Moreover, the app has several other features that make this platform a good choice, such as portfolio tracking tools, a free crypto wallet, and the support of customer staff, which is available 24/7. Users must make a minimum deposit of $1 to start trading on this platform.
Capital.com is a regulated CFD broker that also allows users to take advantage of derivatives. Users can buy and sell crypto assets with a derivative of up to 1:2. Capital.com is charging just a single cent for trading in cryptocurrencies.
At present, Capital.com supports more than 470 pairs, so that it can be a suitable option for crypto trading. Therefore, Capital.com is the best crypto exchange Australia.
The minimum deposit required on this platform is just $20 via debit/credit card or e-wallet. While if you are doing a bank transfer, the minimum deposit will be at least $250. The best thing is that the platform doesn’t charge a single penny for deposits or withdrawals on this platform.
Users can download Capital.com from Google Play Store, so you can connect to Capital.com anytime and use it anytime at your convenience.
Binance can be the best crypto exchange Australia if you love to engage in spot trading. It gives numerous trading opportunities, including 1000 pairs where both fiat-crypto and crypto cross pairs are included.
Spot Trading Fees on this platform are around 0.10%, which makes this platform a perfect choice. Although users can decrease the commission rate by trading larger volumes, BNB is a native platform token.
The platform also offers engaging tools for advanced traders, and it is one of the largest crypto exchanges for liquidity. Binance is a popular exchange with a broad user base, and the transaction value has already crossed $8 trillion.
So, these are the best Crypto Exchange Australia where users can trade crypto at their convenience. Moreover, all the platforms are highly secured, so there is nothing to worry about. Still, if you have any queries or doubts, let us know in the comment section.