Best Crypto Exchanges in Australia (2025)

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Australia has emerged as one of the most crypto-friendly nations in the world, offering a transparent regulatory environment and strong consumer protections for digital asset traders. With oversight from the Australian Securities and Investments Commission (ASIC) and AUSTRAC, cryptocurrency exchanges operating in the country must comply with strict anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. This ensures a safer trading experience for Australian users.

The Australian Dollar (AUD) is widely supported across leading global platforms, and fast deposit methods like PayID and the National Payments Platform (NPP) allow for near-instant bank transfers. Whether you're a beginner or an experienced trader, choosing the right crypto exchange can significantly impact your trading efficiency, security, and overall returns.

This guide explores the top crypto exchanges available to Australian traders in 2025, evaluating them based on security, trading fees, AUD support, regulatory compliance, and user experience.

Top 5 Crypto Exchanges for Australians

1. Bitget

Futures Fees: 0.02% (Maker) / 0.06% (Taker)

Bitget stands out as a powerful and user-friendly exchange trusted by traders in over 100 countries. With support for more than 870 cryptocurrencies, it's an excellent choice for those looking to explore altcoins beyond Bitcoin and Ethereum.

👉 Discover a beginner-friendly platform with low fees and strong AUD support.

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Overview

Bitget excels in accessibility and ease of use, making it ideal for newcomers. It supports fiat deposits in multiple currencies, including AUD via credit card and bank transfer. Its zero-fee SEPA transactions are especially beneficial for users with European ties.

For active traders, Bitget offers futures trading with up to 125x leverage on major assets like BTC and ETH. Spot trading fees start at 0.1%, while futures fees are among the industry’s lowest at 0.02% maker and 0.06% taker.

2. MEXC

Futures Fees: 0.01% (Maker) / 0.04% (Taker)

MEXC has built a reputation as the exchange with the lowest trading fees globally—especially appealing to high-frequency traders.

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Overview

MEXC’s standout feature is its zero maker fee policy, allowing traders to place limit orders without paying any fees. Taker fees start at just 0.02%, making it one of the most cost-effective platforms available.

With over 2,400 coins listed—more than any other major exchange—MEXC is a hotspot for early access to emerging projects. However, this also means increased risk, as not all listed tokens are thoroughly vetted.

Its derivatives market offers up to 300x leverage across 400+ futures contracts, making it a favorite among aggressive day traders.

3. Bybit

Futures Fees: 0.02% (Maker) / 0.055% (Taker)

Bybit is renowned for its advanced trading tools, robust security, and exceptional derivatives offerings.

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Overview

Bybit supports spot, futures, options, NFTs, and even Bitcoin inscriptions. It’s particularly strong in derivatives trading, offering over 320 perpetual contracts with deep liquidity.

The platform also features automated copy trading, allowing users to mirror strategies from top-performing traders. This is ideal for those who want exposure to active trading without managing positions themselves.

Spot fees are set at 0.1% for both makers and takers, while futures fees are highly competitive. Volume-based discounts further reduce costs for active traders.

4. KuCoin

Futures Fees: 0.02% (Maker) / 0.06% (Taker)

KuCoin remains a popular choice for traders seeking variety and accessibility.

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Overview

KuCoin focuses on providing a seamless spot trading experience with broad asset coverage. From mainstream coins like Bitcoin to niche meme tokens, it offers one of the widest selections in the market.

Its grid trading bots allow users to automate trades based on price fluctuations—perfect for passive income strategies.

While spot fees vary between 0.1% and 0.32% depending on asset liquidity, futures trading maintains consistent rates at 0.02% maker and 0.06% taker.

5. OKX

Futures Fees: 0.01% (Maker) / 0.06% (Taker)

OKX ranks as the third-largest crypto exchange by derivatives volume and is known for its speed, reliability, and institutional-grade infrastructure.

👉 Access a high-performance exchange with demo accounts and real-time analytics.

Pros:

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Overview

OKX shines in derivatives trading, offering up to 100x leverage across 250+ futures contracts. Its low futures fees and deep order books make it ideal for professional traders.

While spot fees are relatively higher—starting at 0.14% maker and 0.23% taker—the platform compensates with powerful tools like paper trading, technical indicators, and API access.

Users can deposit AUD instantly via credit/debit cards or direct bank transfers using NPP or PayID.

Is Crypto Legal in Australia?

Yes, cryptocurrency is fully legal in Australia. The Australian Securities and Investments Commission (ASIC) regulates digital asset services, while AUSTRAC enforces AML/CTF compliance.

Since 2017, crypto exchanges have been required to register with AUSTRAC and implement customer verification processes. In 2019, the government classified crypto as property, giving it clear legal standing under Australian law.

Exchanges must monitor transactions, report suspicious activity, and maintain detailed records—ensuring a secure environment for users.

Is Crypto Taxable in Australia?

Yes, the Australian Taxation Office (ATO) treats cryptocurrency as a capital gains tax (CGT) asset.

Key points:

Traders must keep accurate records of all transactions, including dates, AUD values, and purposes.

Always consult a qualified tax professional to ensure compliance with current regulations.

How to Buy Crypto in Australia: Step-by-Step

  1. Choose a regulated exchange that supports AUD and NPP/PayID.
  2. Create an account and complete identity verification (KYC).
  3. Deposit AUD using bank transfer or credit card.
  4. Select your cryptocurrency—Bitcoin, Ethereum, or altcoins.
  5. Place your order using market or limit options.
  6. Secure your assets by transferring them to a private wallet if holding long-term.

👉 Start trading securely with instant AUD deposits and low fees today.

Best Crypto Wallets for Australians

For long-term storage, hardware wallets like Ledger and Trezor offer top-tier security by keeping private keys offline.

Active traders often prefer software wallets such as:

Using a combination of hot and cold wallets enhances both convenience and security.

Frequently Asked Questions (FAQ)

Q: Are crypto exchanges safe in Australia?
A: Yes, regulated exchanges registered with AUSTRAC follow strict security and compliance protocols, making them generally safe for users.

Q: Can I buy crypto with AUD instantly?
A: Yes, most top exchanges support instant AUD deposits via PayID, NPP, or credit card.

Q: Do I need to pay taxes when I trade crypto?
A: Yes, every trade involving disposal of crypto (including crypto-to-crypto swaps) is a taxable event under ATO rules.

Q: Which exchange has the lowest fees?
A: MEXC offers zero maker fees on spot trades, while OKX and Bybit provide competitive rates for futures traders.

Q: Should I keep my crypto on the exchange or in a wallet?
A: For long-term holding, use a private wallet. Exchanges are suitable for active trading but carry higher risks if hacked.

Q: Is leverage trading legal in Australia?
A: Yes, leveraged crypto derivatives are available through international platforms used by Australians, though local regulation is evolving.

Final Thoughts

Australian traders have access to a wide range of secure, high-performing crypto exchanges that support AUD deposits, fast transfers, and robust security measures. Platforms like MEXC, Bitget, Bybit, KuCoin, and OKX offer unique advantages depending on your trading style—whether you're focused on low fees, altcoin diversity, or advanced derivatives.

With clear regulations and growing adoption, Australia continues to be a leader in responsible crypto innovation. Choosing the right platform can make all the difference in maximizing returns while staying compliant and secure.