Top 5 Crypto Exchanges in Australia (2025 Honest Comparison)

In 2025, the crypto world of the Aussies is rapidly changing. It does not matter whether you have purchased your first Bitcoin or are trading altcoins actively: the crypto exchange you choose may either bring incredible benefits to your experience and earnings or ruin them completely. I have actually used all of the following platforms, at least temporarily, five platforms I use and three I abandoned. Here’s my honest take on the Top 5 crypto exchanges in Australia for 2025, comparing fees, ease of use, features, and trust.

1. CoinSpot – Best for Beginners & Long-Term Holders

My Take: CoinSpot was my first crypto exchange — and honestly, it’s still one of my go-to platforms when I want simplicity and peace of mind. The interface is super beginner-friendly, and it’s the most trusted name among Aussies.

• Founded: 2013
• Regulated: Yes, registered with AUSTRAC
• Pros:
  • Extremely easy UI for beginners
  • Over 400 coins available
  • Instant buy/sell
  • ISO 27001-certified for security
  • Supports SMSF crypto investing
• Cons:
  • Higher fees (1% for instant buy/sell)
  • Limited advanced trading tools

Verdict: If you’re new to crypto or want a safe platform to dollar-cost average (DCA) into Bitcoin or Ethereum, CoinSpot is solid.

2. Binance Australia – Best for Active Traders

My Take: Binance is powerful but not for the faint-hearted. It has all the tools traders could want — but can feel overwhelming at first. I mainly use Binance when I want tight spreads and access to new tokens early.

• Established: 2017 (globally), 2018 (Australian version)
• Controlled: In 2023-2024, stricter control followed the scandals that occurred that year
• Pros:
  • The cheapest fees when it comes to trading (up to 0.1 in percentage)
  • Advanced trading dashboard
  • Staking, futures, margin trading
  • Wide range of DeFi features
• Cons:
  • Not beginner-friendly
  • Past regulatory pressure in Australia
  • AUD deposits can be inconsistent

Verdict: Ideal for experienced crypto traders. Not the best first exchange, but great once you know your way around the markets.

3. Swyftx – Best All-Rounder for Aussie Users

My Take: Swyftx is like the happy medium between CoinSpot and Binance. Clean interface, decent range of features, and great support. I’ve recommended it to friends who want a balance of simplicity and trading tools.

• Started: 2018 (Brisbane based)
• Regulated: Yes, AUSTRAC registered
• Pros:
  • Over 320 coins
  • Lower spreads than CoinSpot
  • Demo mode for new users
  • Instant AUD deposits
  • Great app and live chat support
• Cons:
  • Some users report price lags on high-volume days
  • Spread is built into price, which can be confusing

Verdict: Great for Aussie users who want a one-stop shop with fair fees and friendly UX.

4. Digital Surge – Best for Low Fees (Aussie-Owned)

My Take: Digital Surge flies under the radar, but it deserves more love. I use it when I want low-fee AUD deposits and quick local support. It’s also one of the few exchanges that’s still entirely Australian-owned.

• Founded: 2017 (Brisbane-based)
• Regulated: Yes, AUSTRAC-compliant
• Pros:
  • Super low fees (as low as 0.5%)
  • Great Aussie customer support
  • Very clear UI and fast verification
  • Built for Aussie tax compliance
• Cons:
  • Smaller selection of coins (~300+)
  • No margin or futures

Verdict: Excellent for long-term investors and low-cost investors, who feel like helping to support the local businesses.

5. Kraken – Best for Security & Global Access

My Take: Kraken is one of the oldest exchanges and has never been hacked — which speaks volumes. I use it mostly for serious trades and when I want that extra layer of trust. It’s also good if you plan to interact with global markets.

• Founded: 2011 (USA)
• Regulated: Yes, global compliance
• Pros:
  • Excellent security reputation
  • Tight spreads, advanced order types
  • Staking available
  • Global liquidity
• Cons:
  • Interface can be slow or clunky
  • Not as Aussie-focused as others

Verdict: Great for long-term traders and those worried about exchange hacks. A little less friendly for total beginners.

Also Read: CoinSpot vs Binance Australia Which Crypto Exchange Wins in 2025

Final Verdict: Which Aussie Exchange Is Best in 2025?

If you’re just starting out: Go with CoinSpot for safety and simplicity.
If you want trading power: Use Binance, but know the risks.
If you want the best of both worlds: Try Swyftx.
If you’re fee-sensitive and love Aussie-owned platforms: Pick Digital Surge.
And if you’re after global reach and max security: Kraken won’t disappoint.

Bonus Tip: Don’t Keep All Your Crypto on an Exchange

No matter which platform you use, consider moving your long-term holdings to a private wallet (like Ledger or MetaMask) for maximum security. Exchanges can freeze, go down, or even get hacked — so self-custody is key.

FAQs (People Also Ask)